Search results for: Christie Administration

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  • 31 January 2014

    U.S. Senator Robert Menendez and Congressman Frank Pallone praised the Environmental Protection Agency (EPA) for directing NL Industries to conduct a $79 million cleanup at the Raritan Bay Slag Superfund site in Old Bridge and Sayreville. Soil and sediment at the site were found to be contaminated with lead-containing waste that was used to construct […]

  • 22 February 2017
    Business & Finance

    Great Lakes Dredge & Dock Corporation today released its financial results for the three months ended December 31, 2016, reporting revenue of $213.4 million, net loss of $7.0 million and Adjusted EBITDA of $11.6 million.  “The following non-recurring items totaling $7.3 million negatively impacted results during the fourth quarter of 2016: a loss on an asset held for sale […]

  • 30 October 2015
    Business & Finance

    The U.S. Department of Transportation (USDOT) Secretary, Anthony Foxx has just announced 39 awards for $500 million in funding to be made in the seventh round of Transportation Investment Generating Economic Recovery (TIGER) grants. Of those, five awards totaling $44.3 million, or about 9 percent of total funding, are going to commercial seaports or to projects that […]

  • 18 December 2013

    Governor Bobby Jindal, officials from the Coastal Protection and Restoration Authority (CPRA), Department of Economic Development and the Baton Rouge Area Foundation (BRAF) joined leaders from the City of Baton Rouge, The Water Institute of the Gulf, Louisiana State University and other coastal research institutes to unveil plans for the establishment of The Water Campus […]

  • 26 September 2013

    Governor Pat Quinn announced more than $5 million in investments to 13 communities across Illinois for green infrastructure improvement projects. Illinois Green Infrastructure Grants (IGIG) are designed to support projects that reduce the amount of pollution running into Illinois waterways from stormwater sources and reduce the risk of localized flooding. This announcement is part of […]

  • 21 March 2012

    The U.S.-flag Great Lakes fleet is returning to service to keep industrial America on the mend. The first vessel to get underway was the tug/barge unit DOROTHY ANN/PATHFINDER on March 5. The vessel will spend the month shuttling iron ore within Cleveland Harbor. Next to sail was the cement carrier SAMUEL DE CHAMPLAIN/INNOVATION. The tug/barge […]

  • 3 October 2011
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services, today announced eight new contract awards totaling approximately $180 million. The awards include a coastal restoration project in Louisiana, port deepening work in New York’s Ambrose channel and six […]

  • 4 July 2014
    Business & Finance

    The Jamaica-based International Seabed Authority will commemorate its twentieth anniversary, elect nearly half its executive Council and begin elaboration of a mining code for deep seabed polymetallic nodules in the Area beyond national jurisdiction when it convenes for its annual session in Kingston from 14 to 25 July 2014. The development of the exploitation regulations […]

  • 20 August 2013
    Business & Finance

    Vladimir Putin held a meeting on developing ports in the Azov and Black Sea basins. The President proposed holding a number of meetings to discuss the prospects for developing ports in key Russian waters. The meeting was attended by Chief of Staff of the Presidential Executive Office Sergei Ivanov, First Deputy Prime Minister Igor Shuvalov, […]

  • 31 July 2014
    Business & Finance, Equipment, Technology

    Orion Marine Group Inc., a heavy civil marine contractor, today reported a net loss for the three months ended June 30, 2014, of $1.2 million ($0.04 diluted loss per share). These results compare to a net profit of $0.2 million ($0.01 diluted earnings per share) for the same period a year ago. “As we indicated, […]

  • 24 June 2014
    Business & Finance, Project & Tenders

    Dredging work at the Yuzhny port is nearing completion, and cargo owners are already analyzing its benefits. Enhancing the capabilities for working with capesize vessels will significantly increase the flows of export, import, and transit cargoes. Access to capesize vessels (over 200,000 deadweight tons) provides a competitive advantage during transportation of ore and coal cargoes. […]

  • 8 August 2013

    Contractors smoothed out the last of the sand on the beach here Aug. 1, completing a beach renourishment project that widened the buffer between punishing storm surge and the city’s homes, businesses and tourist attractions. The Norfolk District, U.S. Army Corps of Engineers partnered with the city of Virginia Beach to complete the $11.95 million […]

  • 24 June 2013
    Business & Finance

    The U.S. Environmental Protection Agency and the Minnesota Pollution Control Agency announced more than $3 million to help restore the St. Louis River Area of Concern. EPA will provide $2.2 million in Great Lakes Restoration Initiative (GLRI) funds and MPCA will provide an additional $1.1 million through the Minnesota Clean Water Fund. The money will […]

  • 24 December 2012
    Business & Finance

    Senator Cathy Giessel, R-Anchorage, the newly-elected state senate district representative, and new chair of the Senate Resources Committee, may have uncovered a solution to allow dredging to take place in certain flood-prone streams and creek beds, and thus significantly help the Seward area’s flood prevention efforts. The issue came up during the first town hall […]

  • 29 January 2013
    Business & Finance

    Regulators from the U.S. Army Corps of Engineers Los Angeles District issued a federal permit to the City of Newport Beach, Division of Harbor Resources on Jan. 10 for maintenance dredging activities in Newport Bay, located in the city of Newport Beach, Orange County, Calif. The permit was issued pursuant to section 10 of the […]

  • 29 August 2012

    The Port Authority’s Second Quarter Budget Reforecast paints a positive picture, Executive Director Len Waterworth reported at yesterday’s meeting of the Port Commission of the Port of Houston Authority. “The bottom line is that revenues have increased by more than $11 million or 5 percent, compared to the original budget forecast,” Waterworth said. “And expenses […]

  • 12 September 2012

    Aberdeen Harbour Board has commenced a major feasibility study into the potential expansion of facilities at the port. Continued growth in traffic and cargos, as well as an increase in the size of the vessels has prompted the study, as projections indicate that Aberdeen Harbour will remain the principal port for the oil and gas […]

  • 15 December 2011

    Funding from BP’s $1 billion early restoration agreement will accelerate restoration projects in the Gulf of Mexico. State and federal Trustees today unveiled the first set of early environmental restoration projects that are proposed for funding under the landmark agreement BP Exploration & Production, Inc. (BP) signed with the Trustees in April 2011. The eight […]

  • 14 October 2010

    Namibia’s port authority Namport plans to spend R2.7 billion (N$2.7bn) on upgrading the port of Walvis Bay within the next three to four years, says Walvis Bay Corridor Group CEO, Johny Smith. As has been previously reported in PORTS & SHIPS, Walvis Bay is to be expanded with a new container terminal that will double […]

  • 30 October 2014
    Business & Finance

    Orion Marine Group, Inc., a heavy civil marine contractor, today reported net income for the three months ended September 30, 2014, of $3.0 million ($0.11 diluted earnings per share). These results compare to a net loss of $0.9 million ($0.03 diluted loss per share) for the same period a year ago. “As expected, the effects […]

  • 18 October 2012

    The U.S. Environmental Protection Agency is awarding $6.5 million in grants to state and local agencies, and non-profit organizations to restore water quality and wetlands throughout the San Francisco Bay watershed. Grants range from $75,000 to $1.5 million and will support ten projects that prevent pollution, restore streams and tidal marshes, and manage floodwaters in […]

  • 2 May 2013

    Orion Marine Group, Inc., a heavy civil marine contractor, today reported a net loss for the three months ended March 31, 2013, of $1.1 million ($0.04 diluted loss per share). These results compare to a net loss of $6.3 million ($0.23 diluted loss per share) for the same period a year ago. “Our first quarter […]

  • 21 February 2013
    Business & Finance

    U.S.-flag shipping on the Great Lakes provides efficient, safe, and environmentally sound transportation services to industries that are the backbone of the American economy finds a report released on February 12 by the U.S. Department of Transportation’s Maritime Administration (“MARAD”). The U.S.-flag Lakes fleet is “competitive with other modes of freight transportation in the movement […]

  • 17 December 2013
    Business & Finance, Equipment, Technology

    In a year filled with budget cuts, hiring freezes, a reduction in staffing and a government shutdown, the U.S. Army Corps of Engineers Galveston District worked diligently to increase understanding of the Corps’ mission of providing vital public engineering services in peace and war to strengthen the nation’s security, energize the economy and reduce risks […]

  • 27 February 2014
    Business & Finance, Equipment, Technology

    A computer model developed, in part, by University of Florida researchers can help coastal managers better understand the long-term effects of major storms, sea-level rise and beach restoration activities and possibly save millions of dollars. Researchers used erosion data following tropical storms and hurricanes that hit Santa Rosa Island, off Florida’s Panhandle, and sea-level rise […]

  • 12 February 2014
    Business & Finance, Equipment, Technology

    On Friday, a bipartisan coalition led by Rep. Bill Huizenga (R-MI) and Rep. Louise Slaughter (D-NY) continued to push the federal government to properly maintain ports, harbors and waterways to their authorized width and depth within the Great Lakes Navigation System (GLNS). In the omnibus funding measure that passed in January, the U.S. Army Corps […]