International Dredging Review

International Dredging Review
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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

Great Lakes Dredge & Dock Announces Dredging Contract Awards

Great Lakes Dredge & Dock Corporation announced the receipt of a several dredging awards totaling $164 million. The awarded work includes: the Long Beach project in New York (Coastal Protection, $54.4 million); the Myrtle Beach project in South Carolina (Coastal Protection,  $34.8 million); the Nags Head Beach project in North Carolina (Coastal Protection,  $34.7 million); the Chesapeake Beach project… Read More

Great Lakes Begins Work on Charleston Harbor Post-45 Deepening Project

On March 2, the South Carolina Ports Authority (SPCA) held a ceremony aboard the USS Yorktown to celebrate the start of construction of the Charleston Harbor Post 45 Deepening Project. The event celebrated eight years of planning and hard work to begin deepening the federal channel portion of Charleston Harbor… Read More

Cape Henry Dredging Underway

On April 10, Great Lakes Dredge & Dock (GLDD) of Illinois began dredging the Cape Henry Channel at the mouth of the Chesapeake Bay. Under a $14.5 million contract from the U.S. Army Corps of Engineers Baltimore District, the contractor will remove approximately 2.5 million cubic yards of material as… Read More

GLDD Releases First Quarter Financial Results

Great Lakes Dredge and Dock (GLDD) released its financial results for the first quarter ending March 31. Revenue was reported at $146.6 million, net loss from continuing operations of $9.3 million and Adjusted EBITDA from continuing operations of $11.7 million. Excluding the charges relating to previously announced restructuring, for the three… Read More