Search results for: Great Lakes

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  • 24 August 2017
    Business & Finance

    This month, U.S. Senator Debbie Stabenow is highlighting Great Lakes Restoration Initiative (GLRI) success stories throughout Michigan and the importance of federal funding to protect the Michigan’s lakes and waterways. Stabenow yesterday joined Steve Largent, Boardman River Program Coordinator and Trout Unlimited member, and Amy Beyer, Executive Director of the Conservation Resource Alliance, to highlight […]

  • 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 […]

  • 13 March 2015
    Business & Finance, Equipment, Technology

    As part of the Great Lakes Tributary Modeling Program, the U.S. Army Corps of Engineers (USACE), Buffalo District, has developed the Sediment Transport Analysis and Regional Training (START) program to help stakeholders across the Great Lakes better understand the watershed they live in. The START program provides trainings to federal, state, and local government agencies […]

  • 20 April 2012

    The U.S. Environmental Protection Agency announced that it is requesting applications from states, municipalities, tribes, universities and nonprofit organizations for new projects to restore and protect the Great Lakes. EPA will distribute approximately $20 million through the Great Lakes Restoration Initiative grant program during Fiscal Year 2012. Grants will be available on a competitive basis […]

  • 6 November 2013
    Business & Finance

    Sens. Carl Levin, D-Mich., and Debbie Stabenow, D-Mich., welcomed the announcement by U.S. Environmental Protection Agency of completion of the Deer Lake Area of Concern project near Ishpeming. The Michigan senators have been strong proponents of the project, including the diversion of Partridge Creek, which had flowed through a contaminated underground mine carrying mercury contamination […]

  • 8 September 2020
    Technology

    The Great Lakes Dredging Team will hold an informational webinar starting at 10:00 a.m. EDT on Tuesday, September 15, 2020. During the webinar, speakers will discuss beneficial use of dredge material, fate and effects of microcystin in the nearshore environment, and the effect of dredge material on soil health. Agenda In collaboration with its partners, […]

  • 18 November 2011
    Business & Finance

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, announced the award of the $57 million East Hidd Housing Project in Bahrain. Great Lakes will reclaim 618 acres of the Arabian Gulf on which the government […]

  • 6 February 2013
    Business & Finance

    Both the House of Representatives and the Senate have taken up legislation that could end the dredging crisis on the Great Lakes. H.R. 335 and S. 218 would require the Harbor Maintenance Trust Fund (“HMTF”) to spend what it takes in each year for dredging on dredging. Currently, the HMTF spends only one of every […]

  • 14 September 2012
    Business & Finance

    The U.S. Environmental Agency has announced two Great Lakes Restoration Initiative grants, totaling over $1.7 million, to improve water quality in the Cleveland area. The grants were announced yesterday by EPA Deputy Administrator Bob Persciasepe at Great Lakes Week in Cleveland. Over the last three years, GLRI has provided more than $29.8 million for EPA […]

  • 26 October 2011
    Business & Finance

    Great Lakes Dredge & Dock Corporation has announced that it will release its financial results for the three and nine months ended September 30, 2011 on Tuesday, November 1, 2011 at 7:00 a.m. C.D.T. Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the United States and the only U.S. […]

  • 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 […]

  • 29 July 2015
    Business & Finance

    U.S. Senators Gary Peters and Debbie Stabenow yesterday announced support for Michigan’s Department of Environmental Quality Office of the Great Lakes to protect, restore and develop coastal ecosystems and communities. The Michigan Coastal Management Program, housed in the Office of the Great Lakes, will receive more than $2.5 million from the National Oceanic and Atmospheric Administration (NOAA). “Whether […]

  • 22 March 2013
    Business & Finance

    Language authored by Sen. Carl Levin, D-Mich., to improve funding for maintenance of the nation’s harbors was included this week in a water resources bill approved by the Senate Environment and Public Works Committee. The text of the Harbor Maintenance Act, which Levin introduced earlier this year, was included in the Water Resources Development Act […]

  • 4 February 2019
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) was the recipient of Signal Mutual Indemnity Association Ltd.’s Gerald H. Halpin Safety Excellence Award at the Association’s Annual Members Board Meeting in Orlando, Florida on January 25, 2019. Chosen from over 250 member companies, GLDD received the Association’s safety recognition based on continued advancement and demonstration of […]

  • 23 February 2016
    Business & Finance, Equipment, Technology

    Great Lakes Dredge & Dock Corporation today reported financial results for the quarter and year ended December 31, 2015. For the three months ended December 31, 2015, Great Lakes reported revenue of $222.6 million, net loss from continuing operations of $0.8 million and Adjusted EBITDA from continuing operations of $22.2 million. For the year ended December 31, 2015, Great Lakes […]

  • 2 August 2017
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended June 30, 2017. For the three months ended June 30, 2017, GLDD reported revenue of $176.9 million, net loss from continuing operations of $1.1 million and Adjusted EBITDA from continuing operations of $17.6 million. Chief Executive Officer Lasse Petterson commented, “Operationally, as […]

  • 10 February 2014
    Business & Finance, Equipment, Technology

    A bipartisan group of Great Lakes senators, led by Great Lakes Task Force co-chairs Sen. Carl Levin and Sen. Mark Kirk, wrote to Army Corps of Engineers leaders, urging them to direct additional funding for harbor maintenance projects to reduce a severe backlog of projects in the Great Lakes. The letter, from members of the […]

  • 14 November 2014
    Business & Finance

    U.S. Environmental Protection Agency Region 5 Administrator/Great Lakes National Program Manager Susan Hedman yesterday joined Ishpeming Mayor Mike Tall, state officials and local residents at Deer Lake in Ishpeming, Michigan, to mark the removal of this toxic hotspot from a binational list of “Areas of Concern” targeted for cleanup in the 1987 U.S.-Canada Great Lakes […]

  • 26 March 2013
    Business & Finance

    The Shareholders Foundation, Inc. announces that a lawsuit was filed on behalf of certain purchasers of Great Lakes Dredge & Dock Corporation (GLDD) common stock over alleged violations of Federal Securities Laws by Great Lakes Dredge & Dock Corporation in connection with certain allegedly false and misleading statements made between August 7, 2012 and March […]

  • 12 May 2015
    Business & Finance

    The U.S. Environmental Protection Agency (EPA) yesterday announced that an additional $3.5 million has been made available for work in the Spirit Lake portion of the St. Louis River Area of Concern on Lake Superior near Duluth, Minnesota.  EPA will provide $2.275 million through the Great Lakes Restoration Initiative and U.S. Steel will provide $1.225 […]

  • 13 June 2017
    Business & Finance

    U.S. Senators Charles Schumer and Kirsten Gillibrand yesterday announced $1.1 million in federal funding for the NYS Department of Environmental Conservation (DEC) through the Environmental Protection Agency’s (EPA) Great Lakes Restoration Initiative (GLRI). The DEC will use these vital resources to support projects along the Great Lakes in New York. “It is imperative that we […]

  • 18 June 2012

    Great Lakes National Program Manager Susan Hedman announced a $6 million Great Lakes Restoration Initiative grant to the City of Ishpeming, Michigan, at an event there today with Mayor Pat Scanlon. The city will use the grant to eliminate mercury contamination in the Deer Lake “Area of Concern” on Lake Superior. “This grant will allow […]

  • 3 October 2014
    Business & Finance

    By action of the eight Great Lakes states at the Great Lakes Commission’s Annual Meeting, held on Sept. 30 in Buffalo, N.Y., the “Flexibility in the federal standard for navigation dredging projects in the Great Lakes basin” resolution has been adopted. At the meeting attendees agreed that dredging is vital to ensure safe navigation for shippers […]

  • 20 March 2013
    Business & Finance

    The law firm of Lieff Cabraser Heimann & Bernstein, LLP is investigating potential accounting and securities fraud at Great Lakes Dredge & Dock Corporation. Background on the Great Lakes Investigation Located in Oak Brook, Illinois, Great Lakes is the largest provider of dredging services in the United States and a major provider of commercial and […]

  • 18 July 2016
    Business & Finance

    In partnership with New York Sea Grant, New York State Department of Environmental Conservation (DEC) Commissioner Basil Seggos has announced $192,000 in grants for nine projects that will help Great Lakes coastal communities enhance their resiliency and protect water quality. “Improving water quality is essential to enhancing coastal resiliency and the local economies in the […]

  • 21 January 2016
    Business & Finance

    U.S. Senator Tammy Baldwin released yesterday the following statement after the Senate Committee on Environment and Public Works passed the Great Lakes Restoration Initiative Act of 2015 (S. 1024): “The Great Lakes Restoration Initiative is a critical program for our region, the health of our communities, and the protection of our clean water resource. “I […]