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Business & Finance

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Great Lakes Executes $250 Million Revolving Credit Facility
Business & Finance

Great Lakes Executes $250 Million Revolving Credit Facility

Great Lakes Dredge & Dock Corporation (GLDD) announced recently that it has closed on a $250 million three year revolving credit facility. PNC Bank, National Association (PNC) acted as Administrative Agent and Issuing Lender, reported GLDD. The bank group consists of PNC, The PrivateBank and Trust C

about 9 years ago
River Bulbourne Works About to Begin
Business & Finance

River Bulbourne Works About to Begin

The Environment Agency, the Box Moor Trust and the Chilterns Chalk Stream Project are working together to restore a 1km length of the River Bulbourne between the Grand Union Canal and Two Waters Road, Hemel Hempstead. According to the Chilterns, the scheme will restore the Bulbourne at Box Moor to a

about 9 years ago
USACE Revises and Renews Nationwide Permits
Business & Finance

USACE Revises and Renews Nationwide Permits

The U.S. Army Corps of Engineers has announced revised and renewed nationwide permits (NWPs) necessary for work in streams, wetlands and other waters of the United States. The new NWPs will take effect March 19, 2017, and replace the existing permits, which expire on March 18, 2017. “Our nationwide

about 9 years ago
EPA Announces Portland Harbor Cleanup Plan
Business & Finance

EPA Announces Portland Harbor Cleanup Plan

The U.S. EPA has released its final cleanup plan, called a Record of Decision, for 10 miles of the Lower Willamette River within the Portland Harbor Superfund Site which runs through the economic heart of Portland, Oregon. EPA’s final plan, or ROD, addresses contaminated sediments through dredging,

about 9 years ago
IADC WelcomeS New President
Business & Finance

IADC WelcomeS New President

The International Association of Dredging Companies (IADC) has appointed Mr. Frank Verhoeven as the new President of the IADC Board of Directors. In accepting his appointment as president, Mr. Verhoeven thanked retiring president Mr. Peter de Ridder for his contributions to the success of the IADC.

about 9 years ago
Leland Plans to Purchase Dredging Vessel
Business & Finance

Leland Plans to Purchase Dredging Vessel

The Leland Township Harbor Commission is currently raising funds in an effort to purchase a dredger, Leland Michigan Chamber of Commerce has announced on its official website. “We have identified a particular size and type of dredger that we think would be suitable for our needs, and we have a price

about 9 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Dredging Today brings you an overview of the most popular stories from the past week (January 2-January 8 2017). Ship Launching Ceremonies of 2016 In 2016, dredging industry saw the launching of some of the most interesting vessels ever made for this sector. DT brings you a brief overview of the l

about 9 years ago
Funds Secured for Coastal Wetlands
Business & Finance

Funds Secured for Coastal Wetlands

The U.S. Fish and Wildlife Service has just reported that it will award over $17 million to 20 projects in 10 coastal states to protect, restore or enhance more than 13,000 acres of coastal wetlands. The funds will be awarded under the National Coastal Wetlands Conservation Grant Program, announced

about 9 years ago
First Major 5-Year CVFPP Update Released
Business & Finance

First Major 5-Year CVFPP Update Released

The Central Valley Flood Protection Board (CVFPB) recently released its 2017 Flood Protection Plan Update. The Central Valley Flood Protection Plan (CVFPP) is a strategic and long-range plan for improving flood risk management in the Central Valley. Prepared by the California Department of Water Res

about 9 years ago
More Flood Protection Planned for Port Clarence
Business & Finance

More Flood Protection Planned for Port Clarence

The Environment Agency plans to carry out the flood defenses improvement works on the north bank of the River Tees, Middlesbrough Reach in Port Clarence, at Wilton Group land. Work at Port Clarence has recently been undertaken to construct a flood embankment. In one place on the west of the site, th

about 9 years ago
DHI Study: Supporting Bhutan Land Reclamation
Business & Finance

DHI Study: Supporting Bhutan Land Reclamation

The city of Phuentsholing, located at a geographically and commercially strategic position on the Indo-Bhutan border, is facing a serious shortage of land for development and expansion due to increasing population. High monsoon flows from the Ammochu River are eroding the land along the river banks

about 9 years ago
GLDD Appoints New Chairman
Business & Finance

GLDD Appoints New Chairman

Great Lakes Dredge & Dock Corporation (GLDD) announced yesterday that the Board of Directors accelerated the date of retirement of CEO, Jonathan W. Berger, to January 3, 2017. As previously announced, Mr. Berger had been expected to retire no later than April 17, 2017. His retirement follows the Dec

about 9 years ago
Construction of Bahrain LNG Terminal About to Begin
Business & Finance

Construction of Bahrain LNG Terminal About to Begin

Bahrain LNG has just announced that GS Engineering & Construction and SixConstruct will begin the offshore construction works for the Bahrain LNG import terminal this month. Construction operations will last up to February 2019, and will include a significant amount of dredging works, construction o

about 9 years ago
Isle of Man Sets Out Plans for Peel Marina Dredging
Business & Finance

Isle of Man Sets Out Plans for Peel Marina Dredging

The Isle of Man’s Department of Infrastructure has set out its maintenance program for Peel marina for the next three years, together with its proposals for the long-term management and disposal of silt. At the January sitting of Tynwald – the legislature of the Isle of Man, the members will be aske

about 9 years ago
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