Conrad Industries, Morgan City, La., on August 14 reported a net loss for the second quarter of $5.9 million or $1.18 per share, compared to a net loss of $3.4… Read More
Company News
Orion Group Holdings reported that it lost $0.3 million or $0.01 per share in the second quarter, an improvement from the $3.1 million loss reported for the second quarter of… Read More
Solid gains in its transportation and construction businesses powered Arcosa Inc. to a winning second quarter, as it completed its divestiture of its storage tanks business. “I am pleased with… Read More
With the July 28 christening of the mv. Troy Bernier, Metairie, La.-based Maritime Partners LLC (MP) honored one of the company’s bright young leaders, 28-year-old associate Troy Bernier. Speaking at… Read More
In its July 27 second-quarter earnings announcement, Kirby Corporation reported net earnings of $57.4 million, or $0.95 per share, up from $28.5 million or $0.47 per share for the same… Read More
Great Lakes Dredge & Dock Corporation (GLDD) on August 1 reported net earnings for the second quarter of 2023 of $1.7 million, a turnaround from the same quarter a year… Read More
St. Rose, La.-based Gnots Reserve Inc. has put its newest towboat to work in the company’s fleet near Mile 118 on the Lower Mississippi River. The mv. Ryan Anthony, built… Read More
Communication and partnerships. Gulf Intracoastal Waterway (GIWW) stakeholders would agree those are two words that have defined the Gulf Intracoastal Canal Association (GICA) for years. And in his two years… Read More
Robert LeBlanc says good technology—including brown-water fleet-running software—should be like your refrigerator at home: something that works, but you don’t need to think about too much. LeBlanc is CEO and… Read More
Carr’s Hill Capital Partners Management LP (CHP), a New Orleans-based private equity firm, announced June 26 that it has partnered with Shaw and Tom Matthews, the founders of Matthews Brothers… Read More