Orion Nabs $160 Million Terminal 5 Contract

Image source: Galveston District, U.S. Army Corps of Engineers

The Orion Group Holdings has won a $160 million contract from the Port of Seattle, Washington, for the construction of The Northwest Seaport Alliance’s Terminal 5 Improvements Project.

The Orion’s scope on the project includes the rehabilitation and strengthening of the existing wharf at Terminal 5, including berth deepening and electrical upgrades, as well as the installation of a new crane rail system.

Commenting the latest news, Mark Stauffer, Orion’s President and Chief Executive Officer, said: “This project represents a significant initiative to further modernize The Northwest Seaport Alliance for future growth and Orion is pleased to have the opportunity to play a key role in helping meet that goal.”

“This project also takes our current backlog to over $600 million, which is a record high, and is one of many pursuits that will be the cornerstone of Orion achieving its strategic objectives.”

Activity on the project, aimed to modernize the terminal for the loading and unloading of larger container vessels, is expected to begin in the third quarter with completion planned for early 2023.

 

 

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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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