On July 23 DSC reported that in the first two quarters of the year they had exported delivered and commissioned 18 projects internationally. For 2010 the company expects to exceed its 2009 performance in revenues and number of projects completed.
The exported dredges included one 12-inch (300mm) Shark Class dredge to France; one 16-inch (400mm) Shark Class dredge to Honduras; one 18-inch (450mm) Shark Class dredge to Nigeria; one 18-inch (450mm) Shark Class dredge to Bangladesh; two 12-inch (300mm) Barracuda class dredges to Canada and one eight-inch (200mm) Badger dredge to India.
In addition DSC crews were working to design and build two dual pump 24-inch (600mm) dredges and a 40-foot (12-meter) custom workboat with crew quarters for Bashundhara Group of Bangladesh. These dredges will be used to maintain major rivers and coastal belts in a government-funded mega-project called “Capital Dredging on Inland Waterways” in which 55 million cubic meters of silt will be removed during the project’s initial phase.
The crews are working feverishly on many other jobs: manufacturing nine 14-inch (350mm) diesel booster stations with automation options; a 14-inch (350mm) Marlin class dredge for Sevenson Environmental; a new 10-inch (250mm) Barracuda class dredge for a dredging contractor; and converting a diesel Ellicott SandMiner to electric power.
DSC’s field service and engineering departments are generating additional revenues in various specialty projects while the parts department continues to profit.
Engineering just wrapped up a project in which they designed the hull and interconnects for a series of water barges and are working to complete the custom design of a dustpan dredge. The field service department is booming too and have several dredge moves and launch projects scheduled for the remainder of the year. The company also reports increases in electric motor sales which are distributed through Reliable Electric’s Gulf South division.
“During slower economic times we rely on our parts and field service departments to step-up in performance. We are recovering from the global recession this year and it appears we are again headed for record sales levels” said Bob Wetta president.
DSC is pleased to be regaining their backlog which creates job security across the company. With so many global opportunities they are optimistic that the economic crisis is behind them.