Americas

Fraser River Maintenance Dredging Program to Continue
Business & Finance

Fraser River Maintenance Dredging Program to Continue

The Vancouver Fraser Port Authority announced yesterday that it has no plans to further deepen the Fraser River to accommodate larger vessels as it can “sufficiently” handle Canada’s trade for the foreseeable future. The port authority reported that it maintains, on behalf of the federal government,

about 9 years ago
Fargo-Moorhead Diversion Project Receives $20 Million
Business & Finance

Fargo-Moorhead Diversion Project Receives $20 Million

The U.S. Army Corps of Engineers, St. Paul District, received $20 million to continue construction of the Fargo-Moorhead Metropolitan Flood Risk Management Project. These funds, released yesterday in the U.S. Army Corps of Engineers Fiscal Year 2017 Work Plan, will allow the St. Paul District and it

about 9 years ago
Popponesset Spit Beach Nourishment Project Among Winners
Business & Finance

Popponesset Spit Beach Nourishment Project Among Winners

One more beach, the 4,000-foot-long barrier known as Popponesset Spit, is among this year’s best restored beaches, according to the American Shore and Beach Preservation Association (ASBPA). For almost two decades Save Popponesset Bay has worked with Massachusetts Audubon Society and the Town of Mas

about 9 years ago
USACE Christens New Hydrographic Survey Vessel – H.R. Spies
Business & Finance

USACE Christens New Hydrographic Survey Vessel – H.R. Spies

The U.S. Army Corps of Engineers, Philadelphia District, has just announced that the christening ceremony of the H.R. Spies, their new hydrographic survey vessel, took place yesterday at Fort Mifflin. The vessel, made by All American Marine on the West Coast, was named after the late Bob Spies who s

about 9 years ago
Cashman Wins New Bedford Dredging Contract
Business & Finance

Cashman Wins New Bedford Dredging Contract

Cashman Dredging and Marine Contracting from Quincy, Massachusetts, has won approximately $15 million worth contract for mechanical dredging of the New Bedford lower harbor. Work will be performed in New Bedford, Massachusetts, with an estimated completion date of May 7, 2018. According to the Corps

about 9 years ago
Lt. General Semonite Tours Port of Houston
Business & Finance

Lt. General Semonite Tours Port of Houston

During yesterday’s meeting of the Houston Port Commission, Chairman Janiece Longoria shared highlights of a briefing and tour of the Houston Ship Channel provided last week to Lt. General Todd Semonite, Commanding General and Chief of Engineers for the U.S. Army Corps of Engineers. During his visit,

about 9 years ago
FY 2017 Work Plan: $17.5M Slotted for JAXPORT Dredging
Business & Finance

FY 2017 Work Plan: $17.5M Slotted for JAXPORT Dredging

The U.S. Army Corps of Engineers yesterday awarded $17.5 million for the Jacksonville Port deepening project in its FY 2017 Work Plan. This funding will begin construction of the deep draft navigation improvements at JAXPORT. Congressman John Rutherford has urged the Army Corps for funding to deepen

about 9 years ago
VIDEO: Piankatank River New Reef Takes Shape
Business & Finance

VIDEO: Piankatank River New Reef Takes Shape

The U.S. Army Corps of Engineers, Norfolk District, has just announced that the construction of a new reef in the Piankatank River is currently underway. Crews are working about a half-mile from shore, using barges and cranes to place granite rock within the project limits. For the first time granit

about 9 years ago
Port Everglades Gets OK to Begin $437.5 Million Expansion
Business & Finance

Port Everglades Gets OK to Begin $437.5 Million Expansion

Port Everglades received unanimous approval yesterday from the Broward County Board of County Commissioners to begin a $437.5 million expansion project to add new berths for larger cargo ships and install crane rail infrastructure for new Super Post-Panamax cranes. Currently, Port Everglades is bert

about 9 years ago
PHOTO: Dredge HR Morris Working in Oceanside
Business & Finance

PHOTO: Dredge HR Morris Working in Oceanside

Manson Construction Company dredge, the HR Morris, has been busy lately dredging sediment from the Oceanside Harbor entrance in order to maintain the authorized federal channel depth. The company is dredging the channel to its authorized federal depth of 20 feet with an additional 7 feet of advanced

about 9 years ago
USACE Allocates $17.5 Million for Charleston
Business & Finance

USACE Allocates $17.5 Million for Charleston

The Charleston Harbor Deepening Project was named one of six “new starts” and received $17.5 million in construction funding in the U.S. Army Corps of Engineers Fiscal Year 17 Work Plan released yesterday, allowing construction on the project to begin this fall as scheduled. Charleston also received

about 9 years ago
GLDD Completes Refinancing Transactions
Business & Finance

GLDD Completes Refinancing Transactions

Great Lakes Dredge & Dock Corporation (GLDD) announced yesterday that it had completed previously-announced private offering of $325 million of 8.000% Senior Notes due 2022. The company also announced that it used a portion of the net proceeds from its sale of the 2022 Notes to purchase approximatel

about 9 years ago