The Illinois International Port District (IIPD), located on Chicago’s south side, recently named Erik Varela as its executive director. Alongside IIPD’s board of directors, Varela will work to “solidify” the port district as an important domestic… Read More
Company News
The Canada Pension Plan Investment Board (CPP Investments) announced September 29 that it has entered into a definitive agreement to become the 100 percent owner of Ports America, North America’s… Read More
Jim Fletcher, a longtime leader in the maritime industry and founder of Baton Rouge, La.-based Team Services LLC, retired from his full-time role with the company at the end of… Read More
Terral RiverService has announced the September 1 acquisition of the assets of Vidalia Dock & Storage Company, Two-J Ranch Inc., 363 Dry-Dock & Repair LLC, and Natchez Marine & Towing… Read More
Sabine Surveyors Ltd., a full-service marine surveying, auditing and consulting firm, has opened an office in Paducah, Ky., its ninth staffed location and the company’s first domestic venture outside of a… Read More
Crosby Tugs and SEA.O.G Offshore announced August 18 that they will merge to focus on delivering installation support and operations and maintenance support for the offshore wind industry. Crosby Tugs,… Read More
Conrad Industries Inc., Morgan City, La., reported August 16 that its second-quarter net income was $8.6 million, or $1.71 per share. That compares with net income of $482,000 or $0.10… Read More
The Waterways Journal’s parent company, The Waterways Journal Inc., dba Bound Media Group, has acquired the media assets of Harbor House Publishers, Boyne City, Mich. Harbor House, established in 1969,… Read More
Orion Group Holdings Inc., a leading specialty construction company based in Houston, Texas, reported net income July 28 of $3.5 million ($0.11 earnings per share) for the second quarter. A year ago, the… Read More
Kirby Corporation on July 29 reported net earnings for the second quarter of $10.2 million, or $0.17 per share, compared with earnings of $25.0 million or $0.42 per share for the 2020 second quarter. Consolidated revenues for the… Read More