Search results for: GLDD

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  • 20 February 2019
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter and year ended December 31, 2018. As of December 31, 2018, GLDD concluded that it intends to sell the Environmental and Infrastructure (“E&I”) business during the first half of 2019. Based on this decision, this business has been classified as an […]

  • 21 March 2010
    Business & Finance

    SmarTrend identified a Downtrend for Great Lakes Dredge & Dock (NASDAQ:GLDD) on February 05, 2010 at $5.43. In approximately 1 month, Great Lakes Dredge & Dock has returned 14.9% as of today’s recent price of $4.62… Source:foxbusiness,March 21,2010;

  • 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 […]

  • 16 September 2019
    Business & Finance

    Douglas B. Mackie, Chief Executive Officer of Great Lakes Dredge & Dock Company (GLDD) from 1995 to 2011, passed away on September 11, 2019.    Doug also served in many leadership roles at the Dredging Contractors of America (DCA) including Association President several times. He and his brother Don followed in their footsteps, Doug working […]

  • 9 April 2013
    Business & Finance

    Hagens Berman Sobol Shapiro LLP reminded investors of an upcoming May 20, 2013 deadline in the investor class-action lawsuit filed against Great Lakes Dredge & Dock Corp. GLDD announced a restatement of financial results on March 14, 2013, impacting both the second and third financial quarters of 2012. The company noted that, “Certain pending change […]

  • 2 March 2010
    Business & Finance

    SmarTrend identified a Downtrend for Great Lakes Dredge & Dock (NASDAQ: GLDD) on February 05, 2010 at $5.43. In approximately 4 weeks, Great Lakes Dredge & Dock has returned 18.4% as of today’s recent price of $4.43… [mappress] Source: Trading Markets, March 2, 2010

  • 21 April 2013
    Business & Finance

    Damen: Partnership with Van Oord (The Bahamas) Following a six-year acquisition program, the Government of the Bahamas has announced the signing of a Letter of Intent to acquire 9 vessels for the Royal Bahamas Defence Force and construction work for their naval bases.   Boskalis: Port of Mombasa Expansion Underway (Kenya) In week 14 Cofra […]

  • 27 April 2015
    Business & Finance, Project & Tenders, Vessels

    Great Lakes Dredge and Dock Company of Oak Brook, Illinois is continuing the south end beach replenishment project in Ocean City (NJ) that will deliver approximately 1.6 million cubic yards of sand on 2.6 miles of beach from 36th to 59th Street. Neighboring communities, Strathmere and Sea Isle, will also be receiving beach replenishment projects […]

  • 24 June 2019
    Business & Finance

    Dredging operations in the Charleston Harbor Entrance Channel – part of the Post 45 Harbor Deepening Project – are moving forward, the U.S. Army Corps of Engineers, Charleston District, informs. Executing the first two contracts for this $529 million project, three dredgers and roughly 40 support vessels began deepening and extending the Entrance Channel to […]

  • 1 April 2015
    Business & Finance, Equipment, Technology

    Mobil Satellite Technologies, a satellite network operator and provider of fixed, marine, and land-mobile satellite broadband services, has announced that they have renewed their Master Services Agreement with Great Lakes Dredge & Dock Company (GLDD), Americas premier dredger. With this Agreement, Mobil Satellite Technologies will continue to support marine satellite communications infrastructure and service to […]

  • 14 August 2017
    Business & Finance

    The town of Surfside Beach, SC, has just released the latest update on their beach fill project, saying that the Great Lakes Dredge and Dock Company (GLDD) is now beyond the northern limits of the town and will proceed north to the Myrtle Beach City limits. This should take approximately 20-25 days, depending on the […]

  • 4 August 2015
    Business & Finance

    More than 60 graduate students, postdoctoral fellows, and early-career professionals shared their research at the Young Coastal Scientists and Engineers Conference-North America on the University of Delaware campus from July 27-29. Governor Jack Markell, who welcomed the participants, said that the First State was the perfect place for the event. “Delaware’s coastline is short, only […]

  • 11 April 2018
    Business & Finance

    Crews under contract of the U.S. Army Corps of Engineers, Baltimore District, yesterday began work to dredge approximately 2.5 million cubic yards of material from the Cape Henry Channel at the mouth of the Chesapeake Bay where shipping vessels enter the Bay en route to the Port of Baltimore. The project is part of the […]

  • 15 June 2017
    Business & Finance, Project & Tenders

    A public meeting was held yesterday, June 14, in the Paul F. Keller Meeting Hall where Coastal Planning and Engineering and Great Lakes Dredge and Dock (GLDD) presented an update on the Town of Duck Beach Nourishment project. During the meeting, Julien Devisse, with Coastal Planning and Engineering, presented on the progress to date, as […]

  • 17 January 2018
    Business & Finance, Equipment, Technology

    Sand pumping operations for the City of Isle of Palms restoration project are finally underway, the city said in their latest announcement.  This major coastal protection scheme, worth $11.8 million, is being undertaken by the Oak Brook based dredging contractor Great Lakes Dredge and Dock Company (GLDD). The sand pumping works are set to take place […]

  • 25 December 2018
    Business & Finance

    Great Lakes Dredge and Dock Co. LLC, (GLDD) of Oak Brook, Illinois, has won a contract for maintenance dredging of the North Carolina’s Morehead City Harbor federal navigation channel reaches including Range A and the Cutoff, fbo.gov reports.  The $18.3 million project will require removal and disposal of shoaled material that has accumulated in the channels […]

  • 6 January 2017
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Corporation (GLDD) announced yesterday that the Board of Directors accelerated the date of retirement of CEO, Jonathan W. Berger, to January 3, 2017. As previously announced, Mr. Berger had been expected to retire no later than April 17, 2017. His retirement follows the December 27, 2016 announcement of the appointment of […]

  • 21 April 2017
    Business & Finance, Vessels

    Ellicott Dredges has just announced that they completed the refurbishment of the Great Lakes Dredge & Dock’s (GLDD) cutter suction dredger Commodore, a non-Ellicott dredge. After extensive flood damage, GLDD hired Ellicott to refurbish and modernize the Commodore, including hydraulics, electric controls and the booster pump. “One of the main improvements was a comprehensive upgrade […]

  • 1 July 2019
    Business & Finance, Project & Tenders

    Hopper dredger Liberty Island has returned to Nags Head and is hard at work nourishing the beach in the vicinity of the submerged pipeline near the Epstein public beach. According to the town officials, now the dredger is back the construction will progress north over the next 10 days or so to tie into the […]

  • 31 October 2014
    Business & Finance, Project & Tenders

    The United States largest provider of dredging services, Great Lakes Dredge & Dock Corporation yesterday officially started Lake Decatur dredging project. This project, aimed to restore the lake’s capacity by approximately 30 percent, will dredge nearly 11 million cubic yards of material from Lake Decatur Basins 1-4 and will also rehabilitate the Oakley Sediment Basin […]

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

    Great Lakes Dredge & Dock Company has completed the Town of Duck Beach Nourishment project. The town reported yesterday that the hopper dredgers Dodge and Padre Islands wrapped up the project two nights ago and have demobilized to Kill Devil Hills. GLDD plans to have all equipment demobilized and off the beach in the next couple of […]

  • 22 October 2010
    Business & Finance

    Great Lakes Dredge & Dock Corporation today announced that it will release its financial results for the three and nine months ended September 30, 2010 on Tuesday, November 2, 2010 at 7:00 a.m. CDT. A conference call with the Company will be held the same day at 9:00 a.m. CDT. The call in number is […]

  • 7 August 2016
    Business & Finance, Vessels

    Dredging Today brings you an overview of the most popular stories from the past week (August 1-7, 2016).   TSHD Arco Dee Picks Up WW2 Bomb Off Selsey Trailing suction hopper dredger ‘Arco Dee’ has picked up an unexploded World War Two shell during its work off Selsey.   New Cutter Suction Dredger Delivered to […]

  • 25 May 2017
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) announced yesterday that it had completed previously-announced private offering of $325 million of 8.000% Senior Notes due 2022. The company also announced that it used a portion of the net proceeds from its sale of the 2022 Notes to purchase approximately $186.1 million of its $275.0 million aggregate principal […]

  • 12 July 2015
    Business & Finance, Project & Tenders

                    New Suez Canal Nearing End With the recent arrival of Royal Boskalis’ trailing suction hopper dredger “Oranje” at the site, a total of 242.1 million cubic meters of sand has been dredged from the New Suez Canal so far.   Rohde Nielsen Nabs Tauranga Contract Rohde Nielsen, […]

  • 9 March 2015
    Business & Finance, Equipment, Technology

    The U.S. Army Corps of Engineers, Philadelphia District, has announced a scheduling change for the initial construction of the Long Beach Island Coastal Storm Damage Reduction project. On December 5, 2014 the U.S. Army Corps of Engineers awarded a contract to the Great Lakes Dredge and Dock Company (GLDD) for $128 million to complete initial […]