Americas

IADC: Valuing Variations in Dredging Contracts
Business & Finance

IADC: Valuing Variations in Dredging Contracts

The International Association of Dredging Companies (IADC) has just released their latest article named ‘Valuing Variations In Dredging Contracts’. Variations have the potential to generate substantial extra costs and pose significant delay and disruption to a dredging project. Moreover, the valuati

about 9 years ago
Overview of John Redmond Reservoir Dredging Project (VIDEO)
Business & Finance

Overview of John Redmond Reservoir Dredging Project (VIDEO)

Kansas Water Office (KWO) yesterday released a video of the John Redmond Reservoir Dredging Project. The project is the first of its kind in the nation with a non-federal entity dredging sediment from a U.S. Army Corps of Engineers reservoir. The contractor, Great Lakes Dredge and Dock (GLDD), compl

about 9 years ago
GLDD Reports Solid Dredging Segment’s Performance in Q1
Business & Finance

GLDD Reports Solid Dredging Segment’s Performance in Q1

Great Lakes Dredge & Dock Corporation (GLDD) today announced financial results for the quarter ended March 31, 2017, reporting revenue of $170.6 million, net loss from continuing operations of $3.7 million and Adjusted EBITDA from continuing operations of $14.2 million. “The company’s first quarter

about 9 years ago
Bogue Inlet Dredging Program Wrapped Up
Business & Finance

Bogue Inlet Dredging Program Wrapped Up

The U.S. Army Corps of Engineers recently completed needed navigation dredging in Bogue Inlet, both through the connecting channel and across the ocean bar, Town of Emerald Isle, North Carolina, said in its latest release. In an effort to follow the deepest water and most efficient route, and also t

about 9 years ago
USACE to Dredge Lower San Luis Rey River
Business & Finance

USACE to Dredge Lower San Luis Rey River

The U.S. Army Corps of Engineers, Los Angeles District, recently presented a plan to remove around 260,000 cubic yards of sediment from approximately 2 miles of the lower San Luis Rey River. The plan comes as a part of the overall San Luis Rey Flood Control Project in San Diego County, which was dev

about 9 years ago
Governor Supports Louisiana’s Coastal Master Plan
Business & Finance

Governor Supports Louisiana’s Coastal Master Plan

La. Gov. John Bel Edwards yesterday joined with members of the House and Senate to acknowledge the state’s coastal program accomplishments since Hurricanes Katrina and Rita, and outlined additional measures to deliver master plan projects more quickly. Following the devastation of 2005, the legislat

about 9 years ago
Absecon Island Coastal Protection Scheme Begins
Business & Finance

Absecon Island Coastal Protection Scheme Begins

The Department of Environmental Protection and U.S. Army Corps of Engineers yesterday announced that work on a project to build beaches and dunes on Atlantic County’s Absecon Island will begin next week with work in Atlantic City, followed soon thereafter by construction in Ventnor, Margate and Long

about 9 years ago
Saquatucket Marina in Need of Dredging
Business & Finance

Saquatucket Marina in Need of Dredging

The town of Harwich is seeking a permit from the U.S. Army Corps of Engineers, New England District, to dredge, reconstruct and reconfigure the existing Saquatucket Harbor marina in Harwich, Mass. According to the proposal, the town is planing to reconstruct the existing Saquatucket Harbor marina, t

about 9 years ago
DPW Seeks USACE’s Permit for Northampton Scheme
Business & Finance

DPW Seeks USACE’s Permit for Northampton Scheme

The city of Northampton Department of Public Works is seeking a permit from the U.S. Army Corps of Engineers, New England District, to conduct work in waters of the U.S. to place fill material to stabilize eroding river banks in Northampton, Mass. This work is proposed within Roberts Meadow Brook ad

about 9 years ago
Bathtub Reef Beach Renourishment Project Almost Finished
Business & Finance

Bathtub Reef Beach Renourishment Project Almost Finished

The construction project to rebuild the Bathtub Beach/Sailfish Point beach area is entering its final phase, with construction expected to continue through mid-May, Martin County said in its latest project update. The 86,000 cubic yards of sand, needed for the project, is being borrowed from the Sai

about 9 years ago
Petterson Takes Over as CEO of GLDD
Business & Finance

Petterson Takes Over as CEO of GLDD

The Board of Directors of Great Lakes Dredge & Dock Corporation (GLDD) announced yesterday that Lasse Petterson will assume the role of Chief Executive Officer (CEO) on May 1, 2017. Chairman of the Board Robert Uhler stated: “As expected, since becoming a Board Member late in 2016, his background, r

about 9 years ago
Senators and Reps Push for Improved Protection of LI Sound
Business & Finance

Senators and Reps Push for Improved Protection of LI Sound

U.S. Senators Charles E. Schumer, Kirsten Gillibrand, Richard Blumenthal and Chris Murphy, and Representatives Lee Zeldin, Tom Suozzi and Rosa DeLauro have announced that the Omnibus Appropriations bill, which is set to pass Congress, includes $8 million in federal funding for the Long Island Sound

about 9 years ago