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  • 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 […]

  • 3 May 2018
    Business & Finance

    The Downer and McConnell Dowell consortium has been selected as the preferred construction partner for the infrastructure required to host the 36th America’s Cup in Auckland, New Zealand. The infrastructure development in Auckland’s Harbor will include ground improvements, dredging, construction of wharf extensions, breakwaters, marine and port accessory structures and services, extensions to existing private and […]

  • 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 […]

  • 3 May 2018
    Business & Finance

    The U.S. Army Corps of Engineers, Chicago District, recently released for public comment the McCook Levee Draft Integrated Feasibility Report and Environmental Assessment. According to the Corps, the draft report provides a recommended plan to address flood risk in the Villages of McCook, Lyons, and Summit, Ill. The study was completed in partnership with the […]

  • 2 May 2018
    Business & Finance

    The Southern California Chapter of the Construction Management Association of America (CMAA) has named the Port of Los Angeles recipient of two Project Achievement Awards for recently completed Port construction projects. The Berths 142-143 Backland Improvements project at the Port won in the over $100 million transportation infrastructure category. The project was part of phased […]

  • 2 May 2018
    Business & Finance

    The U.S. Army Corps of Engineers (USACE) has announced an initial list of projects to address high-priority needs in states recently impacted by natural disasters, including several in Texas in the aftermath of Hurricane Harvey. According to the USACE, the initial allocation of approximately $360 million will be used to address at 32 projects in […]

  • 1 May 2018
    Business & Finance, Equipment, Technology

    Komatsu Europe International N.V. has launched of the new PC1250-11, a large hydraulic excavator with improved production levels and safety features. “The PC1250-11 has operating weights ranging from 115,9 tonnes to 118,3 tonnes. A Komatsu SAA6D170E-7 engine provides 578 kW / 775 HP @ 1.800 rpm,” the company said in its announcement. Exempt from current […]

  • 30 April 2018
    Business & Finance

    A beach restoration project has ended in Martin County and Bathtub Beach is once again open to the public. Crews have been working since February to repair damages from Hurricane Irma, placing 140,000 cubic yards of sand and replanting dunes with sea oats, a critical component of dune stabilization and shore protection. The beach nourishment […]

  • 27 April 2018
    Business & Finance

    The opening ceremony of newly dredged Rauma channel and extended container terminal was held yesterday at the Finnish Port of Rauma. Commenting the latest developments, Hannu Asumalahti, Managing Director of the Port of Rauma, said: “The projects supported each other and the now completed projects will significantly improve the competitiveness of the Port of Rauma. The […]

  • 27 April 2018
    Business & Finance

    Port Canaveral recently began construction works on a new $150 million Cruise Terminal 3, the largest single project in the history of the port. According to the release, demolition of the port’s oldest cruise terminal started yesterday to make way for a new state-of-the-art terminal with upgraded berth. Deconstruction of the existing Cruise Terminal 3 (CT-3) facility […]

  • 27 April 2018
    Business & Finance

    New York Senator Charles E. Schumer is pushing to secure federal funding to fully repair the U.S. Army Corps of Engineers-owned infrastructure in Sodus Bay, including the Sodus Bay Breakwater and the Charles Point steel wall that were damaged in last summer’s Lake Ontario floods.  Specifically, Schumer is calling on the Army Corps to add Sodus […]

  • 27 April 2018
    Business & Finance, Equipment, Technology

    The Dutch company Dredge Pump Solutions (DPS), a division of MvO International B.V., and Belgium’s Global Industrial Sourcing & Logistics bvba (GISL) have agreed a mutually beneficial partnership to enhance opportunities in the emerging Asian dredging market. With a primary focus on Indonesia, Bangladesh and other Asean countries, DPS and GISL will support local contractors […]

  • 27 April 2018
    Business & Finance

    A project to upgrade and improve the coastal defenses and promenade at Avon Beach reached completion last week after contractors and council engineers pulled out all the stops to ensure the site is fully open and operational for the start of the summer season, Christchurch Borough Council reports.  These works, undertaken by PT Contractors Ltd, involved raising […]

  • 26 April 2018
    Business & Finance

    Texas Governor Greg Abbott has showed his support for the state’s water ports – including the Port of Corpus Christi – in a recent letter to Lt. Gen. Todd T. Semonite, Commanding General and Chief of Engineers for the U.S. Army Corps of Engineers (USACE). In the letter, Abbott urged the Corps to advance funding […]

  • 25 April 2018
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) has emerged as best bidder in a tender to construct an artificial island in the IJmeer lake adjacent to the existing IJburg islands. Based on the current plans the contract is valued at around EUR 85 million. According to the company, the project involves the construction of an artificial island […]

  • 25 April 2018
    Business & Finance

    A $9.3 million grant has been awarded to the Louisiana Coastal Protection and Restoration Authority (CPRA) to increase knowledge of the lower Mississippi River and how large-scale Coastal Master Plan projects will affect the ecosystem, navigation and economic activity. According to CPRA, the grant from the Gulf Coast Ecosystem Restoration Council (RESTORE Council) will fund […]

  • 24 April 2018
    Business & Finance

    Construction of the Bagayevsky hydrosystem in the Rostov Region is now officially underway, reports the Ministry of Transport of the Russian Federation. According to the Ministry, the ceremony – attended by RF Transport Minister Maxim Sokolov and Rostov Region Governor Vasily Golubev – was held yesterday, April 23. In his keynote speech the Minister emphasized that the […]

  • 24 April 2018
    Business & Finance

    The Environment Agency Executive Director of Flood and Coastal Risk Management John Curtin recently explained how engineers and the environment are fighting together for a more flood resilient nation. Mr Curtin began by saying that in January, the Prime Minister launched the Government’s new national 25 year environment plan, “quite a moment for those of […]

  • 23 April 2018
    Business & Finance

    SOHAR Port and Freezone has signed an agreement with Dredging International NV – Earth Moving Worldwide LTD. (DINV-EMW JV) for the development of Phase 1 of the SOHAR Port South Construction Package. According to the official statement, the $24 million agreement will see the development of the first 50 hectares of usable land within the […]

  • 22 April 2018
    Business & Finance

    Dredging Today brings you an overview of the most popular stories from the past week (April 16-22, 2018).   Hopper Dredger Arzana Commissioned in Egypt In the presence of Admiral Mohab Mamish H.E Mohammed Al Qamzi and the leaders of the Egyptian and UAE governments, National Marine Dredging Company (NMDC) has officially commissioned the 6,000m³ […]

  • 20 April 2018
    Business & Finance, Project & Tenders

    The Port of Corpus Christi’s Ship Channel Improvement Project (CIP) received additional support from bipartisan Members of the Texas Congressional Delegation in a recent letter sent to the U.S. Army Corps of Engineers urging that more funds be designated to it this year. U.S. Reps. Kevin Brady, Chairman of the Ways & Means Committee, Mike Conaway, Chairman […]

  • 20 April 2018
    Business & Finance

    The Federal Permitting Improvement Steering Council (Permitting Council) has successfully reduced the permitting timetable by 22 months on the proposed Mid Barataria Sediment Diversion Project (Mid Barataria Project), allowing all permit decisions to be finalized by 2020. As the General Services Administration (GSA) announced yesterday, this expedited timeline should allow the State of Louisiana to […]

  • 19 April 2018
    Business & Finance

    Gold Coast boaties will soon benefit from the next round of dredging in the Broadwater, with the Palaszczuk Government progressing works in the area. According to the Queensland Government, Gold Coast Waterways Authority (GCWA) has awarded the contract for the Labrador Channel and North Channel dredging project to local Gold Coast company Neumann Contractors Pty […]

  • 19 April 2018
    Business & Finance

    Louisiana Coastal Protection and Restoration Board (CPRA) at its meeting yesterday presented the agency’s 3rd Quarter Progress Report. The report was presented by CPRA Deputy Executive Director Jason Lanclos. It features 72 total active projects: 5 projects in planning, 23 in construction, and 44 in engineering and design. “Implementation of these projects will benefit more than 130,800 acres […]

  • 18 April 2018
    Business & Finance

    The Subcommittee on Water Resources and Environment will hold a roundtable policy discussion this week on challenges states and communities face in rebuilding and determining possible solutions to address America’s water infrastructure needs.  The meeting is set to take place on Friday, April 20th, in Coos Bay, Oregon. Representatives from public and private stakeholder groups […]

  • 18 April 2018
    Business & Finance

    The U.S. Army Corps of Engineers, Baltimore District, and Prince George’s County are hosting a public meeting April 19 from 7 – 9 p.m. at Bladensburg Elementary School to present on and discuss levee systems in the county.  According to the Corps, the purpose of this meeting is to improve the public’s understanding of the […]