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  • 13 May 2020
    Business & Finance

    The first quarter of 2020 was above expectations for Royal Boskalis Westminster N.V. (Boskalis). In light of the worldwide developments of the COVID-19 virus, Boskalis closed a good first quarter. According to the company, a modest increase in revenue was accompanied by a higher result compared to the same period last year. The order book […]

  • 30 April 2020
    Business & Finance

    Orion Group Holdings, Inc. (ORN) yesterday reported net income of $2.7 million ($0.09 diluted earnings per share) for the first quarter ended March 31, 2020. “I want to sincerely thank our team members who are safely working at our project sites, yards, field support offices, and remote locations around the nation and outside the country. […]

  • 24 March 2020
    Business & Finance

    FSUE “Rosmorport” recently released a report which sums up activities and results of the company during the first two months of 2020. In the report, among other things, the company announced that they continue the work to arrange for navigation sizes in the seaports of Kavkaz, Makhachkala and Korsakov where the total amount of excavated […]

  • 27 February 2020
    Business & Finance

    Orion Group Holdings, Inc. has reported a net income of $0.2 million ($0.01 diluted earnings per share) for the fourth quarter ended December 31, 2019. “Our fourth quarter was a solid finish to a year of significant progress for Orion,” stated Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “We doubled the top-line compared […]

  • 5 November 2019
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended September 30, 2019. According to GLDD Chief Executive Officer, Lasse Petterson, bidding activity increased significantly, with over $1.0 billion in projects bid in the third quarter. Operationally, the quarter had lower dredging activity, due to several vessel dry dockings. The […]

  • 31 October 2019
    Business & Finance

    Orion Group Holdings, Inc. (ORN) has reported a net income of $4.0 million ($0.14 diluted earnings per share) for the third quarter ended September 30, 2019. “For the third quarter, we posted our highest quarterly revenues in the company’s history and delivered positive operating profit in both segments,” stated Mark Stauffer, Orion Group Holding’s President […]

  • 31 October 2019
    Business & Finance

    HR Wallingford presented the results from a study using their largest ever physical model of a mobile bed to the Corsican authorities earlier this month. The model was built to examine the long-term impact on the nearby beach of developing a new port in Bastia. “We used the model, which represented 6km of coastline to […]

  • 22 August 2019
    Business & Finance

    Royal Boskalis Westminster N.V. today released half-year results for the period ending 30 June 2019, reporting total revenue of €1.27 billion. The company realized a net profit of €1.3 million in the first half of the year (H1 2018: negative €361.4 million). According to Boskalis, revenue in the first half of the year increased 8.6% compared […]

  • 1 August 2019
    Business & Finance

    Orion Group Holdings, Inc. (ORN) has just reported a net loss of $1.6 million ($0.06 diluted loss per share) for the second quarter ended June 30, 2019. According to Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer, the second quarter revenues increased both year-over-year and sequentially as ORN’s Marine business delivered an improved […]

  • 31 July 2019
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended June 30, 2019. According to the company’s Chief Executive Officer, Lasse Petterson, the second quarter was another active period for GLDD, marking their fourth consecutive quarter showing improvement in both revenue and adjusted EBITDA from continuing operations when comparing to […]

  • 9 May 2019
    Business & Finance

    Orion Group Holdings, Inc. (ORN) today reported financial results for the first quarter ended March 31, 2019. “While the first quarter is normally our seasonally weakest quarter, our results did not meet our expectations,” stated Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “However, given the project activity we are currently engaged in […]

  • 26 March 2019
    Business & Finance

    Orion Group Holdings, Inc. (ORN) today reported financial results for the fourth quarter and full year ended December 31, 2018. “We remain focused on the operational transformation underway throughout our Company, which we believe will become increasingly evident as 2019 progresses,” stated Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “Our reported results for the fourth […]

  • 7 March 2019
    Business & Finance

    Boskalis has closed 2018 with a lower result, in line with expectations – net operating profit was EUR 83 million (2017: EUR 150 million). Including an almost entirely non-cash extraordinary charge of EUR 519 million there was a net loss of EUR 436 million, said the company. Revenue rose 10% compared to the previous year to EUR 2.57 […]

  • 14 February 2019
    Business & Finance

    Mercator, one of India’s diversified conglomerates with interests in coal, oil and gas, shipping and dredging, yesterday released the Standalone and Consolidated Unaudited Financial Results and Limited Review Report for the quarter/nine months ended December 31, 2018. At their yesterday’s meeting, the company’s Board of Directors has accorded its in-principle approval for conversion of loan and […]

  • 9 November 2018
    Business & Finance

    Royal Boskalis Westminster N.V. saw revenue increase in the third quarter compared to the quarterly average for the first half of the year. The operating profit (EBIT adjusted for extraordinary charges) also increased compared to the quarterly average for the first half of the year and the order book stood at EUR 3.8 billion, virtually […]

  • 6 November 2018
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today posted financial results for the three months ended September 30, 2018, reporting revenue of $204.3 million, net income from continuing operations of $11.7 million and Adjusted EBITDA from continuing operations of $35.9 million. Commenting the latest news, GLDD Chief Executive Officer, Lasse Petterson, said: “Today we announced continued strong performance including a […]

  • 18 October 2018
    Business & Finance

    Orion Group Holdings, Inc. (ORN) today announced preliminary results for the quarter ended September 30, 2018. According to ORN, during the third quarter 2018, the company experienced unanticipated delays in commencing certain work due to customer schedules. The company also experienced significant production delays in its concrete segment, primarily due to continuous rain throughout its market areas […]

  • 23 August 2018
    Business & Finance

    Royal BAM Group today presented the most important key figures of the first half-year 2018, reporting the 1H18 adjusted pre-tax result of €57.8 million. The company also reported that the total order book rose by €0.2 billion in the first half of 2018, mainly due to the award of the Afsluitdijk project in the Netherlands. Rob van […]

  • 16 August 2018
    Business & Finance

    The operating results of Royal Boskalis Westminster N.V. (Boskalis) decreased in the first half of the year compared to the first half 2017, the company reported. According to Boskalis, this decline was mainly due to a sharp drop in the result of the Offshore Energy division where the transport activities at the low end of […]

  • 2 August 2018
    Business & Finance

    Orion Group Holdings, Inc. has just reported net income of $2.2 million for the three months ended June 30, 2018. These results compare to net loss of $2.3 million for the same period a year ago. “We are pleased with our results for the second quarter,” said Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “Our Marine segment performed […]

  • 1 August 2018
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) has just reported financial results for the three and six months ended June 30, 2018. For the three months ended June 30, 2018, GLDD reported revenue of $150.6 million, net loss from continuing operations of $1.0 million and Adjusted EBITDA from continuing operations of $21.4 million. During the second quarter, GLDD was awarded 46% of […]

  • 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

    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 […]

  • 8 March 2018
    Business & Finance

    Orion Group Holdings today reported net income of $9.5 million ($0.34 diluted earnings per share) for the three months ended December 31, 2017.  These results compare to net loss of $6.3 million, ($0.23 diluted loss per share) for the same period a year ago. Excluding net benefits of $4.3 million related to the implementation of the Tax Cuts and Jobs Act of 2017 […]

  • 5 March 2018
    Business & Finance

    Results are back from validation testing on the first dredged section of the Kopeopeo Canal and they are showing sediment quality is now below the remediation target, the Bay of Plenty Regional Council informs.  Project Manager, Brendon Love, said that dredging is continuing and it was reassuring to get the results back from the first […]

  • 16 January 2018
    Business & Finance, Project & Tenders

    The pilot section of the Houtrib Dike will be handed over to Rijkswaterstaat in the spring of 2018, according to the EcoShape. This pilot project, part of the Dutch Flood Protection Program, created a sandy foreshore consisting of a large quantity of sand that is deposited in front of a dike. This body of sand attenuates the waves […]

  • 10 November 2017
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) saw a slight increase in revenue in the third quarter of 2017 compared to the quarterly average reported for the first half the year. Compared to the third quarter of last year both revenue and the result were considerably lower, in line with expectations, reported the company. With regard to […]

  • 8 November 2017
    Business & Finance

    Orion Group Holdings, Inc. (ORN) today reported a net loss for the three months ended September 30, 2017, of $5 million. These results compare to net income of $4.7 million for the same period a year ago. During the three months ended September 30, 2017, the company experienced unprecedented weather impacts, including three major hurricanes – Hurricane Harvey, Hurricane Irma […]

  • 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 […]