International Dredging Review

International Dredging Review
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Great Lakes Awarded $91 Million in New Projects

Great Lakes Dredge & Dock Corporation (GLDD) has received dredging awards totaling $91 million. The awarded work includes: ·         Virginia Beach coastal protection ($22.6 million); ·         Sandbridge, Virginia, coastal protection ($20.3 million); ·         Galveston, Texas, Ship Channel maintenance ($21.2 million); ·         Freeport, Texas, LNG Basin maintenance ($4.6 million)… Read More

Great Lakes Reports Strong Second Quarter

Great Lakes Dredge & Dock (GLDD) Corporation reported financial results for the second quarter ended March 31. Chief Executive Officer Lasse Petterson said, “The first quarter of 2019 was an exceptional quarter driven by strong project performance, resulting in net income from continuing operations of $20.5 million… Read More

GLDD Completes Delaware Storm Reduction Project

The U.S. Army Corps of Engineers Philadelphia District completed dredging for the Bethany/South Bethany and Fenwick Island Coastal Storm Damage Reduction projects in Delaware on August 9. The Corps awarded the $19.2 million contract to Great Lakes Dredge & Dock Company (GLDD) to pump 659,000 cubic yards of sand onto… Read More