Search results for: GLDD

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  • 3 December 2014
    Business & Finance, Project & Tenders, Vessels

    The U.S. Army Corps of Engineers has just released a video about the Tybee Beach Renourishment project in Georgia. Under the $10 million contract with the Corps, cutter suction dredge Alaska, owned and operated by the Great Lakes Dredge and Dock Company of Illinois, has been dredging sand from off-shore of Tybee Island onto the beach since mid-October. GLDD […]

  • 18 June 2018
    Business & Finance, Project & Tenders

    The Savannah Harbor Expansion Project is on schedule for completion in late 2021, reports Georgia Ports Authority. “The Georgia Ports Authority is on track to have the most successful year in its history, on a number of fronts,” said GPA Board Chairman Jimmy Allgood. “Record growth in trade, teamwork and a strong relationship with our local […]

  • 26 November 2017
    Business & Finance, Project & Tenders

    Dredging Today brings you an overview of the most popular stories from the past week (November 20-26, 2017).   GLDD Takes Delivery of ATB Hopper Dredge Ellis Island Great Lakes Dredge & Dock Corporation (GLDD) has taken delivery of the new build ATB hopper dredge Ellis Island and tug Douglas B. Mackie after successful completion […]

  • 21 October 2014
    Business & Finance

    Freeport LNG Development, L.P. (Freeport LNG), and Port Freeport today announced the beginning of work on a project designed to widen the Port Freeport harbor channel. On August 29, 2014, Freeport LNG, as project manager for Port Freeport’s channel-widening project, entered into an agreement with Great Lakes Dredge & Dock Company, LLC, to widen the […]

  • 29 February 2012

      Great Lakes Dredge & Dock Corporation announced that its Board of Directors has declared a quarterly cash dividend on its common stock. The Board approved a $0.021 per share cash dividend, to be paid on March 16, 2012 to the holders of record of common stock of the Company at the close of business […]

  • 21 April 2017
    Business & Finance, Project & Tenders

    Works on the Willoughby Spit and Vicinity beach nourishment project are now more than 59% complete, according to the the U.S. Army Corps of Engineers, Norfolk District. Eight weeks into the project, the Corps contractor Great Lakes Dredge and Dock Company has placed over 702,000 cubic yards of sand onto the beach. In total, it will take around 1.2 million […]

  • 29 August 2014
    Business & Finance, Equipment, Technology

    Great Lakes Dredge and Dock Co., LLC, has won a $8,564,000 firm-fixed-price contract for maintenance dredging along the Hudson River, according to defense.gov. The dredging work will be performed in Nutten Hook, New York; Stuyvesant, New York; and Staats Point, New York, with an estimated completion date of Sept. 8, 2015. Fiscal 2014 (other) Army funds […]

  • 27 June 2017
    Business & Finance

    The Great Lakes Dredge and Dock Corporation (GLDD) yesterday confirmed the receipt of a $26 million award for the Myrtle Beach Storm Damage Reduction Project.  The scope of work includes placement of approximately 1.2 million cubic yards of material at North Myrtle Beach, Garden City and Surfside Beaches in South Carolina. Dave Simonelli, President of […]

  • 4 October 2012
    Business & Finance

    Great Lakes Dredge & Dock Corporation announced Jonathan Berger, Chief Executive Officer, will be presenting at the Deutsche Bank 20th Annual Leveraged Finance Conference in Scottsdale, AZ on Thursday, October 11, 2012. The presentation is scheduled to begin at 10:05 a.m. (M.S.T.)/1:05 p.m. (E.D.T). The Company Great Lakes Dredge & Dock Corporation is the largest […]

  • 3 February 2016
    Business & Finance, Project & Tenders

    The maintenance and advance maintenance dredging of the Cape Cod Canal and the sand placement onto Town Neck Beach in Sandwich, Massachusetts is now complete. Approximately 130,000 cubic yards of sand was dredged from six areas in the authorized, 32-foot-deep by 500-foot-wide main ship channel and the 25-foot deep East Mooring Basin portions of the […]

  • 23 July 2014
    Business & Finance, Equipment, Technology

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced the award of a contract valued at approximately $35 million with the Ministry of Works in Bahrain. The contract encompasses phases one and two of a development project within […]

  • 12 September 2018
    Business & Finance

    Great Lakes Dredge and Dock Company (GLDD), a dredging contractor from Oak Brook, Illinois, has won a $26.2 million contract for maintenance dredging of Fire Island Inlet and Shores Westerly to Jones Inlet. Bids were solicited via the internet with three received, reports the U.S. Department of Defense (DoD). “Work will be performed in Copiague, New York, […]

  • 13 February 2015
    Business & Finance, Equipment, Technology

    The New Suez Canal development program is part of the Suez Canal mega project, which includes the development of several seaports in the three governorates bordering the canal, Suez, Ismailia and Port Said, in addition to a seaport in the South Sinai city of Nuweiba and the development of Sharm Al-Sheikh airport. The New Suez […]

  • 11 February 2015
    Business & Finance

    The New Suez Canal development program is progressing according to schedule. The new canal is part of the Suez Canal development mega project, which includes the development of several seaports in the three governorates bordering the canal, Suez, Ismailia and Port Said, in addition to a seaport in the South Sinai city of Nuweiba and […]

  • 31 August 2018
    Business & Finance

     The preparation activities for emergency dredging and debris removal along the West Fork of the San Jacinto River are moving forward. The U.S. Army Corps of Engineers’ contractors launched a 27 ton dredger last Thursday into the river. Two dredgers, measuring 90 feet long, 25 feet wide, were transported in and are being reassembled […]

  • 2 June 2017
    Business & Finance

    The U.S. Army Corps of Engineers, Jacksonville District, said in its latest release that Duval County beach goers are now enjoying a newly engineered beach that improves the area’s resiliency to wave action and reduces risk to infrastructure. Contractors completed the dredge work last week, achieving the goal of restoring protection features prior to hurricane […]

  • 2 November 2016
    Business & Finance

    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 the following one-time items during the quarter, positively impacting EBITDA: an […]

  • 24 December 2015
    Business & Finance

    Department of Environmental Protection Commissioner Bob Martin yesterday sharply criticized a USACE’s contractor for making plans to remove dredging equipment from an ongoing beach and dune construction project on Long Beach Island in order to perform a dredging project in another part of the country. Great Lakes Dredge & Dock Company, which since May has […]

  • 6 September 2016
    Business & Finance, Vessels

    Watchstanders at Coast Guard Sector New Orleans received a report yesterday that approximately 5,300 gallons of crude oil leaked from a pipeline after it was struck by a Great Lakes Dredge and Dock Company’s dredger. The vessel was conducting dredging operations near Bay Long, Louisiana. The pipeline – owned by Harvest Pipeline Company – is reported as […]

  • 28 September 2015
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Co., LLC, Oak Brook, Illinois, has been awarded a $17.5 million firm-fixed-price contract for dredging and unclassified excavation at Naval Reserve Basin in the Delaware River. Work will be performed in Philadelphia, Pennsylvania, with an estimated completion date of September 30, 2016. The dredging will be performed to a depth of 30 […]

  • 29 September 2014
    Business & Finance, Equipment, Technology, Vessels

    Great Lakes Dredge & Dock Company, LLC, and Eastern Shipbuilding Group, Inc. (ESG) have started construction of a new Trailing Suction Hopper Dredge ATB. The steel cutting ceremony of the 433’ Trailing Suction Hopper Dredge Barge took place in Eastern’s under roof pre-fabrication building at its Allanton facility in Panama City, Florida, on September 15, […]

  • 30 October 2014
    Business & Finance, Project & Tenders

    Historic Egmont Key will soon receive critical sand thanks to maintenance on the Tampa Harbor channel. The small island has experienced large-scale erosion and structural damage on its western shoreline.  The U.S. Army Corps of Engineers, Jacksonville District awarded a $13.4 million contract to Great Lakes Dredge & Dock Company of Oak Brook, Ill., to […]

  • 21 September 2014
    Business & Finance, Project & Tenders

    Work on restoring a two-mile stretch of severely eroded shoreline along the Delaware River in Salem County is expected to begin in early November following the award of a project contract by the U.S. Army Corps of Engineers. The $9.9 million contract to restore Oakwood Beach in Elsinboro was made by the Army Corps of […]

  • 2 May 2017
    Business & Finance

    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, reputation and character have enabled him […]

  • 5 April 2018
    Business & Finance, Project & Tenders

    Great Lakes Dredge and Dock Co., based on Oak Brook, Ill, has completed an $18.4 million project to rebuild storm-damaged beaches and dunes in southern Long Beach Island while creating a safe navigation channel for nearby Little Egg Inlet. As a result, the Department of Environmental Protection (DEP) will place a request with the U.S. […]

  • 6 November 2019
    Business & Finance, Project & Tenders

    The Army Corps’ Norfolk District and City of Virginia Beach officials have just announced that the work on Virginia Beach oceanfront project will resume in the next couple of days. As reported, Great Lakes Dredge & Dock LLC – the Virginia Beach Hurricane and Storm Damage Reduction Project’s contractor intends to mobilize equipment at 68th […]