GLDD on the New Jersey Project

Great Lakes Dredge & Dock Corporation (GLDD), provider of dredging, environmental and remediation services, has announced contract for project along the New Jersey shore with an aggregate value of over $185 million, with additional options still to be awarded valued at over $25 million.

The New Jersey shore projects will provide risk reduction to coastal regions and reduce impacts from future storms. The projects are being funded by the Super Storm Sandy Supplemental Appropriations Bill that was signed into law in the wake of 2012 Super Storm Sandy, which was one of the costliest coastal storms in United States history.

The Great Egg Harbor Inlet to Townsends Inlet, NJ award, valued at $58 million with potential options still to be awarded of $10 million, includes dredging 1.6 million cubic yards of sand from an offshore borrow area and pumping it to shore to create berms and dunes along 10 miles of beach.

This stretch of the coast includes Ocean City, Uppertownship and Sea Isle. The second award, Long Beach Island / Barnegat Inlet to Little Egg Harbor Inlet, includes dredging over 8.0 million cubic yards of sand to build berms and dunes across a 12.5 mile stretch of coastline. This award is valued at $128 million, with over $15 million in options still to be awarded. Great Lakes will mobilize multiple dredging vessels to complete these projects.

“Super Storm Sandy caused great destruction along the East Coast of the United States. The berms and dunes that Great Lakes will build will help to fortify the coast, protect the communities along the New Jersey shore and reduce future damage. Throughout Great Lakes’ 124 year history, we have completed dozens of projects along the coast of New Jersey and are pleased to be working under contract with the Philadelphia District Corps of Engineers to perform this critical work,” David Simonelli, President of Dredging Operations said.

“ We acknowledge the important role that the State of New Jersey has played in facilitating and funding these projects. We are also hopeful that the attention on coastal damage from Super Storm Sandy will bring a national, long term commitment to the need for investment in coastal protection. Robust coastal protection systems that are constructed appropriately and consistently maintained are the best solution to lessen the impact of coastal storms,” David Simonelli stated.

Great Lakes owns and operates the largest and most diverse fleet in the U.S. dredging industry, comprised of over 200 specialized vessels. The company also employs over 150 degreed engineers, most of whom specialize in civil and mechanical engineering, which contributes to its 124-year history of never failing to complete a marine project.

Press Release