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Railroad seeks $5 million from tug owners for bridge damage

2015-05-22 08:10:10| Railroads - Topix.net

Nearly a month after a barge on the Southern Branch of the Elizabeth River struck and damaged a key rail bridge in Chesapeake owned by Norfolk Southern Corp., the railroad has filed a lawsuit against two tugboats and their owners. The suit, filed this week in Norfolk federal court against St. Augustine, Fla.-based Tradewinds Towing LLC and Chesapeake-based Intracoastal Marine Inc., respective owners of the tugs Simone and Maverick, seeks up to $5 million in damages.

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Canam wins large contract to supply steel and fabricate new Montreal bridge

2015-05-22 04:15:55| Steel - Topix.net

Canam Group says it has won the largest contract in the steel company's history after being selected to supply steel and fabricate the superstructure for Montreal's new Champlain bridge. The Quebec-based company said the contract is expected to be finalized after the SNC-Lavalin consortium building the bridge signs a formal agreement with the federal government this summer.

Tags: large supply contract steel

 
 

Chicago Bridge & Iron: More Than Meets The Eye

2015-05-20 14:36:22| Industrial Machines - Topix.net

Chicago Bridge & Iron makes neither bridges nor iron. CB&I is a leading provider engineering, procurement, and construction services.

Tags: the eye chicago bridge

 

Goldman Sachs Upgrades Chicago Bridge & Iron Company to "Neutral"

2015-05-18 22:55:32| Industrial Machines - Topix.net

Other equities research analysts have also recently issued reports about the stock. Analysts at Tudor Pickering downgraded shares of Chicago Bridge & Iron Company from a "buy" rating to an "accumulate" rating in a research note on Monday, May 11th.

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David Einhorn Doubles Stake in Chicago Bridge & Iron

2015-05-18 02:20:45| Oil & Gas - Topix.net

Chicago Bridge and Iron stock jumped 8% in Friday's trading after Bloomberg reported that Anadarko Petroleum Corp is poised to select a construction team led by Chicago Bridge & Iron Co. as its main contractor for a potential $15 billion Mozambique liquefied natural gas project.

Tags: david chicago bridge iron

 

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