Business & Finance
Business & Finance
GLDD moving headquarters to Houston
Great Lakes Dredge & Dock Co. (GLDD) has just announced that the company is moving its corporate headquarters to Houston. The company operates on every domestic coastline and throughout many inland U.S. waterways, with an expansive fleet of specialized dredging vessels. According to GLDD, the move t
Business & Finance
2020 WEDA Pacific Chapter postponed
For the health and safety of all attendees, WEDA’s Pacific Chapter Board has decided to postpone the 2020 Meeting. The Western Dredging Association announced that the due to the COVID-19 pandemic, the meeting is now postponed until October 27-29, 2021. However, the venue stays the same, at the MOTIF
Business & Finance
VolkerStevin wins three CCS National Site Awards
VolkerStevin recently won three CCS National Site Awards from the Considerate Constructors Scheme a not-for-profit, independent organisation founded to raise standards in the construction industry. “A huge congratulations go out to the teams at the Mytholmroyd flood alleviation scheme, Fairhaven to
Business & Finance
GLDD nets $117.8 million in new contracts
Great Lakes Dredge & Dock Corporation (GLDD) of Oak Brook, IL has just reported the receipt of several major dredging awards totaling $117.8 million. The awarded work includes: Mississippi River, Baton Rouge to Gulf of Mexico, Head of Passes Hopper Dredge Disposal Area Project (Maintenance, Louisian
Business & Finance
Boskalis reports strong operational first half year
Royal Boskalis Westminster N.V. (Boskalis) had a very good operational first half year considering the circumstances, the company reported today. The operating result increased sharply compared to last year with revenue at virtually the same level. According to the release, Boskalis’ financial posit
Business & Finance
ORN reports second quarter 2020 results
Orion Group Holdings, Inc. (ORN) yesterday reported net income of $2.0 million ($0.07 diluted earnings per share) for the second quarter ended June 30, 2020. “Once again, I would like to thank all of our employees and team members for continuing to safely and diligently work on our projects and in o
Business & Finance
New edition of Creating New HORIZONS magazine
Every year Boskalis publishes its Creating New HORIZONS magazine in which the company offers fresh perspectives from external experts and present projects and approaches that push back operational and technological boundaries. “Even in these turbulent times, we want to keep our clients, business par
Business & Finance
GLDD to Present in the Noble Capital Markets
Great Lakes Dredge & Dock Corporation (GLDD) is scheduled to present in the Noble Capital Markets Virtual Roadshow Series on Wednesday, July 15, 2020 at 10 a.m. C.D.T. Chief Executive Officer and President, Lasse Petterson, and Chief Financial Officer, Mark Marinko will provide an exclusive corporat
Business & Finance
Dragados UK to withdraw from Aberdeen’s South Harbour project
Aberdeen Harbour Board, after lengthy talks with Dragados UK, announced yesterday that they have reached mutual agreement to cancel contract for the construction of Aberdeen’s South Harbour. According to the joint statement, the mutual agreement has been reached for Dragados UK to withdraw as the pr
Business & Finance
New dates for IADC Events
Since the outbreak of the COVID-19 virus, the International Association of Dredging Companies (IADC) has been following the Dutch Government’s advisory measures with regard to limiting the spread of the virus. IADC had plans to host two events in June in The Netherlands. Both of these events are pos
Business & Finance
Colac Otway Highlights Importance of Coastal Protection
Colac Otway Shire, a local government area in the Barwon South West region of Victoria, Australia, is calling on the State Government to commit $4.3 million to urgently address coastal erosion which is severely impacting the coastline in and around Apollo Bay. Colac Otway Mayor, Cr Jason Schram, sai
Business & Finance
Donna Reservoir Dredging Wraps Up
The U.S. Environmental Protection Agency and Texas Commission on Environmental Quality recently completed removal of nearly 14,000 cubic yards of contaminated sediment from the Donna Reservoir and Canal System Superfund site in South Texas. The sediment was removed from a half-mile section of the ca
Business & Finance
Nakauvadra River Dredging Kicks Off
The Ministry of Waterways and Environment of Fiji has commissioned emergency dredging works of the Nakauvadra River in Rakiraki in a deal that will see the removal of all the soil by the contractor without Government having to pay for the works, The Fiji Times reports. Commenting the latest news, Mi
Business & Finance
Hudson River PCBs Superfund Site Meeting Set for This Week
The next (virtual) meeting of the Hudson River PCBs Superfund Site Community Advisory Group (CAG) will take place on Thursday, May 28, 2020. At the meeting, EPA will provide an update on status of various current project activities and the long-term monitoring activities (water, fish, sediment, and