Americas
Orion Group Reports Third Quarter 2016 Results
Orion Group Holdings, Inc. today reported net income for the three months ended September 30, 2016, of $4.7 million ($0.17 diluted earnings per share). These results compare to a net loss of $7.4 million ($0.27 diluted loss per share) for the same period a year ago. “We believe our company is on the
San Luis Rey River Dredging Project Postponed
The San Luis Rey River dredging project, scheduled to take place this fall, will be postponed until next year, The Coast News Group reports. Greg Fuderer, Army Corps senior public affairs specialist, said in late September that dredging would be postponed for a needed permit, but would likely procee
Duval County Shore Protection Project in Full Swing
The U.S. Army Corps of Engineers, Jacksonville District and City of Jacksonville officials have just announced that the work will continue on the Duval County Shore Protection Project throughout the Sea & Sky Spectacular Airshow this weekend. This will limit public access to the area and beachgoers
Preparations Underway for Longview Dredging
The Port of Longview has just announced that they are preparing for long-overdue dredging to remove years’ worth of accumulated sediment. The Willow Grove Boat Launch will be closed for a brief period of time to perform the dredging and dock maintenance between the dates of November 15th – December
USACE Announces Stamford Hurricane Barrier Update
A scheduled closure of the navigation gate at the Stamford Hurricane Barrier coastal protection project on the East Branch Harbor in Stamford, CT for maintenance and upgrade work will take place from November 15 through November 16, 2016. According to the U.S. Army Corps of Engineers’ latest announc
GLDD Reports Third Quarter Results
Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended September 30, 2016. For the three months ended September 30, 2016, Great Lakes reported revenue of $198.9 million, net income of $4.6 million and Adjusted EBITDA of $29.1 million. The company recorded
New York City Makes Progress on $20B Climate Resiliency Plan
With the Sandy anniversary a day away, the de Blasio Administration has announced continued progress on the City’s OneNYC resiliency program that will prepare neighborhoods, economy and public services to withstand and emerge stronger from the impacts of climate change and other 21st century threats
U.S. Navy Commits $5.4 Million to Pier 32 Project
Congressman Joe Courtney announced last week that the United States Navy has committed $5.4 million dollars for design and replacement of Pier 32 at Naval Submarine Base New London to better serve operational needs. This funding supports planning and design work for a replacement of Pier 32, one of
KOBELCO Presents Its Enhanced SK500LC-10 Model
KOBELCO Construction Machinery USA, a crawler excavator manufacturer, has just introduced its enhanced SK500LC-10 model. This excavator delivers a bucket digging force of 57,500-lbs and achieves 10% increase in work volume. Equipped with an increased torque setting, the SK500 supplies 11% more diggi
New Boost for Louisiana Marsh Creation and Living Shoreline Projects
The Louisiana Coastal Protection and Restoration Authority (CPRA) has been awarded two grants totaling approximately $7.5 million from the Gulf Coast Ecosystem Restoration Council for engineering and design of the Golden Triangle Marsh Creation ($3.2M) project and the Biloxi Marsh Living Shoreline (
FEMA Grant for Scituate Seawall
United States Senators Elizabeth Warren and Edward J. Markey, along with Representative Stephen F. Lynch have announced nearly $1.7 million in federal funding for the Town of Scituate to fortify the Third Cliff seawall. The Third Cliff was damaged during Hurricane Sandy in 2012 and the federal fundi
Division Commander Visits USACE’s Los Angeles District
During his recent week-long visit to the USACE’s Los Angeles District, South Pacific Division Commander Col. Pete Helmlinger was briefed on and toured District projects. On October 12, Helmlinger visited various sites of planned restoration along the Los Angeles River as part of the Los Angeles Rive