Search results for: GLDD

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A list of search results

  • 9 March 2015
    Business & Finance, Equipment, Technology

    The U.S. Army Corps of Engineers anticipates sand placement on Venice Beach to tentatively resume today, weather permitting.  The shore protection project was temporarily delayed by a mechanical problem February 15 that caused the shutdown of dredging operations.  During the dredging operations, the Liberty Island, a trailing suction hopper dredge, received damage to its propellers. […]

  • 11 June 2018
    Business & Finance, Equipment, Technology

    The U.S. Army Corps of Engineers, Charleston District, last week hosted a tour of the dredger Texas, a cutter suction dredging vessel currently working in the Charleston Harbor Entrance Channel on the Post 45 Deepening Project. The Charleston Harbor Post 45 Deepening Project looks to address transportation inefficiencies by deepening and widening Charleston Harbor to […]

  • 2 August 2017
    Business & Finance, Project & Tenders

    A multi-million dollar Surfside Beach renourishment project is still on hold following last week’s mechanical issue with the pump station. The town reported that due to yesterday’s rough surf and high winds, they were unable to complete repairs offshore. “The U.S. Army Corp of Engineers and the contractor, Great Lakes Dredge and Dock Company (GLDD), are troubleshooting the problems in order to […]

  • 8 November 2019
    Business & Finance

    Great Lakes Dredge & Dock Company (GLDD) from Oak Brook, Illinois, has won a $13.8 million contract for the Tybee Island Shore Protection Project, located near Savannah, Georgia. Bids for this scheme were solicited via the internet with two received, according to the U.S. Department of Defense’s (DoD) latest announcement. The overall objectives of the […]

  • 9 January 2017
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) announced recently that it has closed on a $250 million three year revolving credit facility. PNC Bank, National Association (PNC) acted as Administrative Agent and Issuing Lender, reported GLDD. The bank group consists of PNC, The PrivateBank and Trust Company, Suntrust Robinson Humphrey, Inc., Capital One, Bank of […]

  • 15 May 2017
    Business & Finance

    Great Lakes Dredge & Dock Corporation announced last week the commencement of a cash tender offer, subject to the terms and conditions described in the Tender Offer Documents, to purchase any and all of the $275 million aggregate principal amount of its outstanding 7.375% Senior Notes due 2019. GLDD intends to purchase the 2019 Notes in […]

  • 2 June 2017
    Business & Finance, Project & Tenders, Vessels

    The Town of Duck’s beach nourishment project continues to progress with the arrival of Great Lakes Dredge & Dock (GLDD) dredge Dodge Island. The dredge arrived on site on Sunday, May 28, to begin pumping operations near the Ocean Bay Boulevard beach access. According to Dare County latest video update, GLDD continues to work south and build a […]

  • 9 November 2018
    Business & Finance

    Great Lakes Dredge and Dock Co. LLC, (GLDD) of Oak Brook, Illinois, has won a $10.7 million contract for maintenance dredging at the U.S. Naval Station Mayport, Duval County, Florida. Bids for this dredging program were solicited via the internet with three received, according to the latest U.S. Department of Defense’s (DoD) release. Project consists of maintenance […]

  • 25 April 2017
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Company (GLDD) is making good progress with the Morehead City Harbor beach nourishment project. According to the Carteret County (NC), dredging and nourishment continues with the slurry discharge point now located near Greenville Ave. GLDD started the Morehead City Harbor Channel maintenance dredging project with concurrent beach nourishment on Friday, March 24th 2017. […]

  • 2 November 2010
    Business & Finance

    Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) – the largest provider of dredging services in the United States and a major provider of… (corporate-ir) [mappress] Source: corporate-ir, November 2, 2010

  • 5 March 2019
    Business & Finance

    The U.S. President, Donald Trump, signed an executive order yesterday to help sea veterans seamlessly transition into the U.S. Merchant Marine. The order is designed to bolster the ranks of the Merchant Marine and increase job opportunities for transitioning troops. Under the order, the Departments of Defense and Homeland Security will – over the next year – identify […]

  • 3 May 2018
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) yesterday reported financial results for the quarter ended March 31, 2018. For the first three months GLDD reported revenue of $146.6 million, net loss from continuing operations of $9.3 million and Adjusted EBITDA from continuing operations of $11.7 million. According to the company, excluding the charges relating to GLDD’s previously announced […]

  • 23 January 2018
    Business & Finance

    The City of Isle of Palms, South Carolina, has just released the latest update on their beach renourishment project.  Work has been completed on the beach west of Property Owner’s Beach House in front of Beach Club Villas I & portions of Dunecrest Lane. Under construction at this time is the remaining area of the […]

  • 10 June 2015
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Corporation (GLDD) is continuing dredging operations of the 2,800-acre (11 km2) Lake Decatur in Illinois. During the multi-year project, aimed to restore the lake’s capacity by approximately 30 percent, the company will dredge nearly 11 million cubic yards of material from Lake Decatur Basins 1-4 and will also rehabilitate the Oakley Sediment […]

  • 3 August 2018
    Business & Finance, Project & Tenders

    Delaware Governor John Carney, DNREC Secretary Shawn M. Garvin and the Army Corps’ Philadelphia District Commander Lt. Colonel Kristen N. Dahle visited recently Fenwick Island to get an update on the beach replenishment project that started last week. Earlier this year, the Corps awarded a $19.2 million contract to Great Lakes Dredge and Dock Company (GLDD) […]

  • 9 June 2017
    Business & Finance, Project & Tenders, Vessels

    Recent weather conditions have temporarily suspended dredging operations in the Town of Duck. According to the town, the weather continues to put a hold on dredging. In looking at the forecast, Great Lakes Dredge and Dock (GLDD) anticipates bringing the dredges back today to resume the work. Due to weather conditions causing unsafe working conditions at […]

  • 3 October 2017
    Business & Finance

    The City of North Myrtle Beach said in its latest release that rough sea conditions will delay the start of their emergency beach renourishment project. The dredgers Dodge Island and Padre Island are in stand-down due to current rough sea conditions, which means that the contractor, Great Lakes Dredge and Dock Company, will complete work […]

  • 8 April 2020
    Business & Finance, Project & Tenders

    Charlotte County and Sarasota County have just released latest update on the Manasota Key Beach Renourishment project. According to the update, the contractor is fully mobilized and as of April 1, 2020 Great Lakes Dredge & Dock Corporation (GLDD) has placed 569,616 cubic yards of sand along approximately 2.5 miles of Charlotte County’s shoreline. The […]

  • 29 July 2020
    Infrastructure

    Great Lakes Dredge & Dock Corporation (GLDD) has announced the signing of a subcontract with Bechtel for Sabine Pass LNG Third Marine Berth dredging work. Bechtel is the Engineering, Procurement & Construction (EPC) contractor for the Train 6 and Third Berth expansions at the Sabine Pass Liquefaction Project (SPL Project) for subsidiaries of Cheniere Energy […]

  • 11 March 2016
    Business & Finance, Project & Tenders

    The Dare County Board of Commissioners will meet on March 17 to review and approve bids received from dredge contractors. The bids are for the beach nourishment project that encompasses the Town of Duck, Town of Kitty Hawk and Town of Kill Devil Hills. Four bids were opened on March 8th and Great Lakes Dredge […]

  • 20 April 2017
    Business & Finance, Project & Tenders

    Great Lakes Dredge and Dock Company will in the next couple of days begin preconstruction activities for the Town of Duck Beach Nourishment Project. According to the town, GLDD is ready to start survey work in the beach nourishment project area. This work will include people walking along the beach and dunes taking information, as well […]

  • 11 May 2010

    Great Lakes Dredge & Dock Facility, Staten Island New York City 2705 Richmond Terrace, Staten Island NYC Source: GLDD May 11, 2010

  • 16 May 2017
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Company (GLDD) has been working steadily over the last week to complete the Morehead City Harbor beach nourishment project. The Carteret County (NC) reported yesterday that the second nourishment reach extending from Oceanana Fishing Pier westward to the Circle in Atlantic Beach was completed over the past weekend. “The pipes […]

  • 9 January 2020
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) has announced that Elaine Dorward-King was appointed to its Board of Directors. Dr. Dorward-King was appointed to the class of directors that will stand for election at the upcoming 2020 Annual Meeting of Shareholders. Her appointment as a new independent director was effective January 7, 2020 and follows […]

  • 31 August 2017
    Business & Finance

    The Western Dredging Association (WEDA), at their recently held 2017 Dredging Summit & Expo in Vancouver, presented WEDA’s 2017 Annual Safety Excellence Award for a Dredging Contractor to J.F. Brennan Company, Inc. for delivering over 2,225,000 man hours without a lost time incident. “JF Brennan Company’s exemplary safety commitment and dedication meet and exceed the […]

  • 20 February 2015
    Business & Finance

    Sand placement on Venice Beach is temporarily delayed by a mechanical problem that’s caused the shutdown of dredging operations, the U.S. Army Corps of Engineers announced today. Dredging is tentatively scheduled to resume in early March. The beach renourishment project helps protect landside infrastructure and property from storm damage. The side benefits of the project […]