Search results for: Construction segment

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  • 10 March 2016
    Business & Finance

    Orion Marine Group, Inc. today reported net income for the three months ended December 31, 2015, of $1.4 million ($0.05 diluted earnings per share). These results compare to net income of $5.3 million ($0.19 diluted earnings per share) for the same period a year ago. For the full year 2015, Orion Marine Group reported a […]

  • 21 October 2015
    Business & Finance

    Orion Marine Group (ORN) today announced preliminary results for the quarter ended September 30, 2015. During the quarter, the company bid on approximately $682 million worth of opportunities and was successful on approximately $161 million, representing an overall win rate of 24%. Also during the third quarter of 2015, five projects in the company’s Heavy […]

  • 4 May 2017
    Business & Finance

    Orion Group Holdings, Inc. today reported a net loss for the three months ended March 31, 2017, of $1.8 million ($0.07 diluted loss per share). These results compare to a net loss of $1.2 million ($0.04 diluted loss per share) for the same period a year ago, Orion said. “We were pleased with our market […]

  • 5 May 2016
    Business & Finance, Project & Tenders

    Orion Marine Group, Inc. (ORN), today reported a net loss for the three months ended March 31, 2016, of $1.2 million. These results compare to a net loss of $0.3 million for the same period a year ago. According to Mark Stauffer, Orion Marine Group’s President and Chief Executive Officer, the first quarter has historically been […]

  • 29 November 2016
    Business & Finance

    Orion Group Holdings, Inc. a Houston based construction company, yesterday announced a contract award of approximately $80 million. Orion Marine Group, the company’s Heavy Civil Marine Construction segment, was recently awarded a contract for a project along the Gulf Coast of Texas for a private sector client in the downstream energy business. The project entails dock […]

  • 12 September 2016
    Business & Finance

    Orion Group Holdings, Inc., a Houston based construction company, has announced that their heavy civil marine construction segment, Orion Marine Group, was recently awarded a $25.6 million contract by the Naval Facilities Engineering Command of Silverdale, Washington. The project, to be undertaken together with Watts Constructors, entails constructing a pile-supported approach trestle and pier for the P-993 Transit Protection […]

  • 25 January 2016
    Business & Finance

    Orion Marine Group, Inc. (ORN) today provided its investors with an update on the company’s outlook and end markets. During the fourth quarter, ORN bid on approximately $560 million of opportunities and was successful on $118 million, representing a 21% win rate. Both equipment utilization and job performance were solid in the company’s Heavy Civil Marine […]

  • 8 March 2018
    Business & Finance

    Orion Group Holdings today reported net income of $9.5 million ($0.34 diluted earnings per share) for the three months ended December 31, 2017.  These results compare to net loss of $6.3 million, ($0.23 diluted loss per share) for the same period a year ago. Excluding net benefits of $4.3 million related to the implementation of the Tax Cuts and Jobs Act of 2017 […]

  • 3 May 2018
    Business & Finance

    Orion Group Holdings (ORN) today reported net income of $4.1 million ($0.14 diluted earnings per share) for the three months ended March 31, 2018. These results compare to net loss of $1.8 million, ($0.07 diluted loss per share) for the same period a year ago, said the company. “During the first quarter, we had solid execution with continued strong market […]

  • 5 November 2015
    Business & Finance

    Orion Marine Group, Inc. (ORN), today reported net loss for the three months ended September 30, 2015, of $7.4 million ($0.27 diluted loss per share). These results compare to net income of $3.0 million ($0.11 diluted earnings per share) for the same period a year ago. “As previously discussed, significant cost increases on five projects […]

  • 16 September 2015
    Business & Finance, Project & Tenders

    Orion Marine Group (ORN), a heavy civil marine contractor headquartered in Houston, Texas, yesterday announced a contract award of approximately $42 million. The company’s Heavy Civil Marine Construction segment was recently awarded a contract for a seawall reconstruction project in Alaska by the U.S. Army Corps of Engineers. Construction tasks will include removal and on-site disposal of […]

  • 28 December 2015
    Business & Finance, Project & Tenders

    Orion Marine Group (ORN), providing services both on and off the water in the continental United States, Alaska, Canada and the Caribbean Basin, last week announced a contract award of approximately $13 million. The company’s marine construction segment was recently awarded a contract for a dock replacement project in Alaska by a private sector customer. According to […]

  • 4 August 2016
    Business & Finance

    Orion Group Holdings, Inc. today reported a net loss for the three months ended June 30, 2016, of $0.8 million ($0.03 diluted loss per share). These results compare to a net loss of $1.8 million ($0.07 diluted loss per share) for the same period a year ago. “This week marks one year since we announced […]

  • 10 April 2020
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers Sacramento District recently awarded a $22.5 million construction contract to Great Lakes Environmental & Infrastructure, LLC, of Rocklin, California, for 2.8 miles of improvements to the levee that surrounds Marysville, California. Part of the bigger Marysville Ring Levee project, construction on Phases 2B and 3 includes installation of a […]

  • 15 May 2013

    The U.S. Army Corps of Engineers’ Philadelphia District and its contractor will begin restoring the previously constructed Coastal Storm Damage Reduction project on Long Beach Island later this month. The Army Corps’ Philadelphia District awarded a $30.6 million contract to Great Lakes Dredge & Dock Company on April 24th to restore the previously constructed segments […]

  • 9 March 2017
    Business & Finance

    During 2016, Orion Group Holdings, Inc. made significant, long-term improvements in the company’s operations with a continued strong demand for its services, announced today Mark Stauffer, ORN President and Chief Executive Officer. The company today reported a net loss for the three months ended December 31, 2016, of $6.3 million ($0.23 diluted loss per share). These results […]

  • 23 August 2016
    Business & Finance, Project & Tenders

    Following successful completion of the sand pumping activities at the Sea Pines Resort, the Hilton Head Island’s contractor, Weeks Marine, restarted beach renourishment activities in South Forest Beach on August 21. According to the town’s latest update, the active construction zone is currently located between Beach Marker 55 and 57A, south of the Coligny Beach Park access. […]

  • 11 December 2013
    Business & Finance

    The U.S. Army Corps of Engineers, Jacksonville District, announced today that construction activities are ongoing with the Palm Beach County Beach Erosion Control Project. The work is in response to impacts from Hurricane Sandy’s passage in 2012. Beach renourishment provides significant storm damage protection benefits for upland structures in addition to restoring shorebird and marine […]

  • 14 May 2014
    Business & Finance, Equipment, Technology, Vessels

    ASL Marine Holdings Ltd, an integrated marine company offering comprehensive services in shipbuilding, shiprepair and conversion, shipchartering and dredging engineering, reported revenue of S$144.8 million and net profit attributable to shareholders of S$5.6 million for the three months ended 31 March 2014. The group recorded growth in shiprepair, conversion and engineering segment, which was offset […]

  • 29 August 2016
    Business & Finance, Project & Tenders

    The Town of Hilton Head Island beach renourishment project continues with the beach area between 2 North Forest Beach Drive and Dove Street currently being restricted for the construction. Since starting adjacent to the South Forest Beach Neighborhood on Sunday August 21, 2016, the active construction zone has advanced approximately 4000 feet. The public beach access at Coligny […]

  • 4 October 2013
    Business & Finance

    The U.S. Army Corps of Engineers, New Orleans District, recently awarded a 26-month construction contract to raise a portion of the Mississippi River Levee on the east bank of Jefferson Parish. The project is part of the Mississippi River and Tributaries (MR&T) System designed to safely control and convey floodwaters and reduce the risk of […]

  • 10 August 2017
    Business & Finance

    Town of Hilton Head Island has just announced that the contractor, Marinex Construction, is about to begin mobilization activities associated with South Island Emergency Beach Fill Project. According to the town, Marinex will begin mobilization activities on August 15, 2017. Marinex is planning for a water based mobilization with equipment and pipeline both being barged in. A […]

  • 7 December 2018
    Business & Finance

    The U.S. Army Corps of Engineers, Jacksonville District awarded a $7.86 million contract on December 6 to Eastman Aggregate Enterprises, LLC of Lake Worth, Florida, for Contract A of the Broward County Segment III Flood Control and Coastal Emergency Beach Erosion Control Project 2018. Eastman Aggregate will renourish 7.2 miles of critically eroded shoreline along the beaches […]

  • 19 July 2019
    Business & Finance

    The Louisiana Coastal Protection and Restoration Authority (CPRA) has signed a partnership agreement with the Grand Isle Independent Levee District to close a large gap in the protective breakwater alignment on the bayside of Grand Isle. The estimated $6.5 million project will be fully funded by the CPRA. According to their official announcement, the Levee […]

  • 29 September 2016
    Business & Finance

    The U.S. Army Corps of Engineers, Fort Worth District, recently awarded contracts totaling $9.9 million for bypass channel design, Riverside Park construction and design of Gateway Park sites in support of the Trinity River Vision/Central City Project.   The 1.6 mile bypass channel design will be accomplished in two segments with the north segment being designed […]

  • 6 August 2015
    Business & Finance

    Orion Marine Group, Inc. today reported net loss for the three months ended June 30, 2015, of $1.8 million ($0.07 diluted loss per share).  These results compare to a net loss of $1.2 million ($0.04 diluted loss per share) for the same period a year ago. “As expected, inconsistent lettings by the Army Corps of Engineers […]