Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended June 30, 2016. For the three months ended June 30, 2016, Great Lakes reported revenue of $192.2 million, net loss of $1.7 million and Adjusted EBITDA of $18.3 million. Chief Executive Officer Jonathan
Orion Group Holdings, Inc. today reported a net loss for the three months ended June 30, 2016, of $0.8 million ($0.03 diluted loss per share). These results compare to a net loss of $1.8 million ($0.07 diluted loss per share) for the same period a year ago. “This week marks one year since we announc
The International Association of Dredging Companies (IADC) has entered as a nominee for the inaugural IHS DPC Innovation Awards 2016 under the “Innovative services to dredging” category. To enable the design of more sustainable dredging and marine infrastructure works and their efficient and safe im
Nambucca Shire Council is now considering options to dredge the lower estuary of the Nambucca River. The Council recently received a report from consultants GHD on their investigation of shoaling in the Nambucca River Lower Estuary. The report also sets out a potential dredging strategy. The purpose
The Port of Hueneme CEO, Kristin Decas, yesterday hosted Col. Kirk E. Gibbs, Commander of the U.S. Army Corps of Engineers, Los Angeles District, to discuss and review plans for deepening and beach replenishment. Earlier this year, the port and the Corps signed Project Partnership Agreement (PPA) to
Environment Agency continues work to reduce the risk of flooding from Lustrum Beck in Stockton. A new flood wall along the beck at Bedford Street, which started in May, is almost complete, while the new lifting screen at the culvert at Primrose Hill is now operational. Work is progressing ahead of s
Red Meters and Orange Pit Dredging have just announced that they will hold an event named Process Control Technology Showcase this month. “Red Meters Process Control Showcase is a unique opportunity to see first hand how processing operations such as dredging, mining, wastewater and oil and gas, aro
The City of San Luis Obispo will host a public meeting today regarding the Laguna Lake Dredging and Sediment Management Project. The meeting will take place from 6:00 – 8:00 PM, and will be held in the Multi-Purpose Room at Laguna Middle School in San Luis Obispo. City staff and the consultant team
The enabling works are being carried out at Alexandra Dock in Hull as Associated British Ports (ABP) prepares the site for Siemens’ offshore wind turbine manufacturing, assembly, installation and service facility. The scheme includes infilling one third of Alexandra Dock with 780,000m³ of material a
Following the conclusion of CHC’s consultation with stakeholders on the planned design optimization and changes to the next phases of the Cowes Outer Harbor Project (OHP), the Harbor Advisory Committee has confirmed its support for the completion of the optimized scheme as proposed by CHC. No defini
Communities across Western Australia will share in $551,000 for strategic coastal planning and to undertake projects that improve the condition and amenity of the State’s coastline. Planning Minister, Donna Faragher, today announced that 23 projects will receive funding under the latest round of the
A licence application to the Marine Management Organisation (MMO) for the construction of a new pedestrian bridge crossing the River Thames, has been approved. The marine licence for The Garden Bridge, was granted after an Environmental Impact Assessment (EIA) consent decision was completed. The EIA
During a visit to St. Lawrence County, U.S. Senator Charles E Schumer yesterday pledged his support for critical federal funds to dredge the Ogdensburg Harbor. Last dredged in 1984, the Ogdensburg Harbor is in desperate need of deepening, which will ease congestion, reduce shipping costs and unlock
The Government of the Collectivity of Saint Martin has launched an international tender for qualified developers interested in entering into an economic investment partnership for the development of Marigot Bay Harbor in the island’s capital. Among others, the project includes the development of som
