Northern Marine LLC, the marine transportation division of Illinois & Michigan Oil LLC (IMO), announced last week that it has entered into an agreement to acquire the Chicago-area fleeting operations… Read More
Company News
Thordon Bearings, one of the most respected names in the marine industry, celebrates its 110th anniversary this year. Founded in 1911, and having pioneered the use of greaseless and water-based… Read More
After more than 50 years working in the marine industry, Rick Griffith is retiring at the end of the year. Griffith most recently served as president of McGinnis Inc., under… Read More
Maritime Partners LLC announced December 1 that it has acquired the portfolio of J. Russell Flowers Inc. (JRF). The acquisition includes more than 1,000 marine vessels operating on bareboat charter,… Read More
Terminal and logistics company Enstructure announced November 18 that it has acquired Port Contractors and its affiliates, allowing Enstructure’s expansion to the Mid-Atlantic market. The move positions Enstructure as a… Read More
• Chris Estep assumed the role of chief operating officer of Blessey Marine Services Inc. effective November 8. Estep began his career at Blessey Marine in 2007 after serving six… Read More
Schottel, a German manufacturer of steerable propulsion systems for ships and offshore applications, is celebrating its 100th birthday. The company was to mark the milestone of a century in business… Read More
Conrad Industries reported a net loss of $578,000, or $0.12 per share, for the third quarter, but net income of $8.7 million, or $1.74 per share for the first nine… Read More
One of North America’s biggest and most respected tug companies has formed a new division to expand its cargo-hauling services, both project cargoes and container on barge on the inland… Read More
Great Lakes Dredge & Dock Corporation (GLDD) reported third-quarter net income of $13.8 million, up from $12.5 million for the third quarter of 2020. Revenue was $168.6 million for the… Read More
