Company News

Orion Group Holdings, the Houston-based parent of marine construction and dredging firm Orion Marine Group, reported third-quarter earnings of $0.2 million, or $0.01 per share, up from a net loss… Read More

Great Lakes Dredge & Dock Corporation (GLDD) reported a net loss of $9.9 million for the third quarter on November 1; a year ago, the company reported net income of… Read More

Southern Towing, a portfolio company of Chicago-based CC Industries, and Sulphur, La.-based Devall Towing have announced the pending operations and management integration of the two companies. The formal joining of… Read More

Vessel Repair announced that it has received a second patent on its Pacesetter class of inland towboats. The first patent was for the hull design that combines a single chine… Read More

Longtime leadership team member Darin Adrian has been named president of Marquette Transportation Company’s river division. Adrian has been with the company more than 36 years, most recently as executive… Read More

Kirby Corporation reported third-quarter net earnings of $39.1 million or $0.65 per share, on revenues of $745.8 million. The net income follows a net loss of $264.7 million or $4.41… Read More

Parker Towing Company, a Tuscaloosa, Ala.-based maritime transportation company, announced October 11 it has acquired General Marine Services (GMS), a Baton Rouge, La.-based tank barge operator.  The acquisition of GMS… Read More