Inland and Coastal

The American Courage, a 617-foot lake freighter that ran aground in the St. Clair River November 7 was successfully refloated.

Tugs free grounded lake freighter

The American Courage, a 617-foot lake freighter that ran aground in the St. Clair River November 7 at 7:21 a.m. local, was successfully refloated around 7 p.m. with the help of towing

GLDD CEO Lasse Petterson

Another red ink quarter at GLDD

Shares in America’s largest provider of dredging services, Houston-headquartered Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), fell by 13.6% Tuesday after the company reported third quarter results that included a net