Texas Gulf Coast $35 Million Deal for Orion

Image source: USACE

Orion Group Holdings today announced the award of multiple contracts with a total value of approximately $35 million.

According to their latest announcement, the company’s Marine Segment has been awarded three contracts for dredging services along the Texas Gulf Coast.

The project calls for the dredging of ship docks and berths for private clients in the Houston Ship Channel, Corpus Christi Ship Channel and Sabine-Neches Waterway.

For this development program, Orion will deploy a number of hydraulic cutter suction dredgers.

“Orion’s dredging fleet has secured a significant amount of private dredging work over the past few months, adding significant backlog and providing for solid utilization for this equipment throughout the year,” said Mark Stauffer, Orion’s President & Chief Executive Officer. “These contracts, which are being performed for key private clients who value a proven supplier capable of delivering safe operations, further solidify Orion’s position as a leader in the Gulf Coast dredging market.”

Work on the first project is expected to begin in the second quarter with all three projects expected to be completed this year.

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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