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Business & Finance

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Orion Posts Second Quarter 2015 Results
Business & Finance

Orion Posts Second Quarter 2015 Results

Orion Marine Group, Inc. today reported net loss for the three months ended June 30, 2015, of $1.8 million ($0.07 diluted loss per share). These results compare to a net loss of $1.2 million ($0.04 diluted loss per share) for the same period a year ago. “As expected, inconsistent lettings by the Arm

about 11 years ago
Funding Announced for Herring River Restoration
Business & Finance

Funding Announced for Herring River Restoration

The Baker-Polito Administration has announced a $1 million grant to advance the Herring River estuary restoration, the largest tidal estuary restoration project ever undertaken in the Northeastern United States. The grant, awarded by the Department of Fish and Game’s (DFG) Division of Ecological Res

about 11 years ago
New Studies Examine Oregon Coast
Business & Finance

New Studies Examine Oregon Coast

The Oregon Department of Geology and Mineral Industries (DOGAMI) has released new coastal flood hazard studies for Clatsop, Tillamook, Lincoln and Curry counties. These studies include detailed hazard zones developed for the open coast using new coastal engineering analyses, decades of ocean wave an

about 11 years ago
FEMA Funding for North Hempstead Dock
Business & Finance

FEMA Funding for North Hempstead Dock

Town of North Hempstead Supervisor Judi Bosworth has joined with Senators Charles Schumer (D-NY), Kirsten Gillibrand (D-NY), and Congressman Steve Israel (D-Huntington) in announcing a federal grant totaling $4.1 million to repair damage done to Manhasset Bay during Hurricane Sandy. The grant, provi

about 11 years ago
Wartsila DF Engines for DEME
Business & Finance

Wartsila DF Engines for DEME

A new generation “Antigoon” class dredger, called “Scheldt River”, being built by Royal IHC (IHC) in the Netherlands on behalf of the Belgium based DEME Group, is to be powered by Wartsila dual-fuel (DF) engines. This will be the first ever dredger to operate on engines capable of utilizing either l

about 11 years ago
VIDEO: Gold Coast Dredging Program
Business & Finance

VIDEO: Gold Coast Dredging Program

The Tallebudgera Creek dredging project is currently underway, announced City of Gold Coast. “This $913,000 dredging campaign is an integral part of our efforts to maintain and replenish sand on our beaches ready for summer,” Mayor Tom Tate said. “Each day some 1000m3 of sand is being pumped around

about 11 years ago
Meeting on Orange Creek Basin Restoration
Business & Finance

Meeting on Orange Creek Basin Restoration

The Florida Department of Environmental Protection will host a meeting today to discuss restoration plans for the Orange Creek Basin, which will include presenting water-quality trends in the basin and providing updates on the plan’s implementation. The Orange Creek Basin restoration plan covers New

about 11 years ago
Jan De Nul: 33.4 Pct of Suez Dredging
Business & Finance

Jan De Nul: 33.4 Pct of Suez Dredging

The new Suez Canal in Egypt will be officially opened today. A project for which Jan De Nul Group realized no less than one third of all works. “And that is something we are very proud of,” said Jan Pieter De Nul, CEO of Jan De Nul Group. “This really is an iconic performance. It […]

about 11 years ago
AMCS Welcomes CommBank Decision
Business & Finance

AMCS Welcomes CommBank Decision

The Australian Marine Conservation Society (AMCS) has welcomed the Commonwealth Bank’s decision to end their position as financial adviser to the Adani Carmichael coal mine project, which will require the expansion of the mega-port Abbot Point. Cherry Muddle, Great Barrier Reef campaigner for AMCS,

about 11 years ago
Everything Set for Suez Canal Opening
Business & Finance

Everything Set for Suez Canal Opening

President Abdel Fattah Al-Sisi will inaugurate the New Suez Canal project at massive ceremony today, marking a new beginning to Egypt towards a brighter future. The organizing committee for the inauguration ceremony said that the event will begin at 2 pm, where President Sisi will be on “El-Mahrousa

about 11 years ago
Work on Louth and Horncastle Projects Begins
Business & Finance

Work on Louth and Horncastle Projects Begins

Construction on long-awaited flood alleviation schemes in Louth and Horncastle is set to start this month. Planning permission for both schemes has been granted, archaeological surveys of the sites are being carried out, and construction will begin shortly. The £6.5m Louth project and the £8.1m Horn

about 11 years ago
GLDD: Successful Completion of Suez Contract
Business & Finance

GLDD: Successful Completion of Suez Contract

Great Lakes Dredge & Dock Corporation said that it will participate in the events planned to celebrate the recent completion of the New Suez Canal Project in Egypt, which will allow two way traffic by creating a parallel channel alongside 70 kilometers of the existing Canal. Great Lakes, along with

about 11 years ago
Shoreham-by-Sea and Lancing Schemes Underway
Business & Finance

Shoreham-by-Sea and Lancing Schemes Underway

The Environment Agency is developing a major scheme to reduce flood risk to the towns of Shoreham-by-Sea and Lancing in West Sussex. The EA has been carrying out extensive public consultation and engagement strategies to ensure that the local community have been fully informed of the scheme, and kep

about 11 years ago
Study on Beach Erosion Structures Requested
Business & Finance

Study on Beach Erosion Structures Requested

Congressman Frank Pallone, Jr. (NJ-06) requested that the U.S. Army conduct a study on the effectiveness of beach erosion structures when used in concert with beach replenishment projects. The letter requesting the study was led by the Congressional Coastal Communities Caucus, of which Pallone is a

about 11 years ago
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