OMSA adds four CEOs to its board
The Offshore Marine Service Association (OMSA) reports that four CEOs have joined its board of directors: Wes Bordelon, CEO, Bordelon Marine; Stacy Jo Stanley, CEO, Offshore Oil Services, Inc.; David Dantin, CEO
Great Lakes Dredge and Dock
GLDD ends year with $1.04 billion backlog
Houston-headquartered dredging giant Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD) yesterday reported financial results for the quarter and year ended December 31, 2023. The numbers seemed to please investors, with the
GLDD awarded $157.4 million Freeport Harbor Channel contract
The largest provider of dredging services in the U.S., Great Lakes Dredge & Dock Co. LLC, (GLDD) Houston, Texas, has been awarded a $157,399,830 firm-fixed-price contract for new and maintenance hopper dredging
Corpus Christi Ship Channel Project receives $157.3M in final phase funding
The Consolidated Appropriations Act of 2023, approved by Congress in December 2022, includes project closeout funding of $157.3 million for the Port of Corpus Christi Ship Channel Improvement Project (CIP) for the
Dredging giant gives a profit warning
In an update on its fourth quarter 2022 operations, America’s largest dredging contractor, Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), says that revenues and gross profit margins for the quarter are
GLDD exercises option with Conrad for second TSHD
Houston-headquartered Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has exercised a contract option to build a second 6,500-cubic-yard-capacity trailing suction hopper dredge (TSHD) at Conrad Shipyard in Amelia, La. With expected delivery
Corpus Christi Ship Channel Improvement Project included in proposed FY23 budget
The Corpus Christi Ship Channel Improvement Project was included in President Joe Biden’s proposed Fiscal Year 2023 Budget released yesterday under the U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction category.
Great Lakes Dredge books contracts worth $132.3 million
Houston-headquartered Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), reports that it has recently booked major dredging contracts worth $132.3 million. The awarded work includes: Coastal Storm Risk Management Rockaway Inlet Beach
Great Lakes Dredge CEO: “We’re 100% vaxxed”
“I’m very proud of meeting our target of 100% vaccination of all team members in the third quarter last year,” Lasse Petterson, CEO of Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD),
Great Lakes Dredge & Dock awarded Houston Ship Channel contract
Houston-headquartered Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) reports the signing of a $92.5 million dredging contract for the Houston Ship Channel Widening and Improvement Project 11. This is the first