Business & Finance
Business & Finance
Apply for a Victoria dredging grant
Improving the boating experience includes better and more reliable access from the facilities to the water. That’s why the State Government of Victoria is investing $1 million from the 2021-22 Better Boating Fund into the Recreational Boating Access and Dredging Program (RBADP). The RBADP will alloc
Business & Finance
ORN bags three contracts worth $16 million
Orion Group Holdings, Inc. (ORN) recently announced three contract awards for its Marine segment totaling approximately $16 million. In Texas, the company has won a $7.1 million contract from the U.S. Army Corps of Engineers for dredging works in the Freeport Harbor Channel. The company expects this
Business & Finance
IADC ‘Meet the Experts’ webinar series available online
Earlier this year, International Association of Dredging Companies (IADC) started a new webinar series presented by dredging experts of Boskalis, Jan De Nul and Van Oord. Each webinar focused on a high-profile dredging project like the ones in Manila Bay, The Philippines, Brisbane Airport Dredging a
Business & Finance
5th Moscow dredging congress coming soon
International shipbuilding group DAMEN (Damen Shipyards Group) recently announced that they will support the next International Congress “Hydraulic Engineering Structures and Dredging” as its general sponsor for the fifth time. The conference will be held on 16-17 February 2022 at the Chamber of Com
Business & Finance
Sealevel wins awards for the Grand Bayou Floodgate project
Sealevel Construction Inc. recently won two Excellence in Construction (EIC) Awards for the Grand Bayou Flood Control Structure and two EIC awards for an industrial waste water improvements project. The company was recognized at the Associated Builders and Contractors (ABC) Houston Chapter’s EIC awa
Business & Finance
GLDD ending third quarter with improved results
One of the largest providers of dredging services in the United States, Great Lakes Dredge & Dock Corporation (GLDD) yesterday reported financial results for the quarter ended September 30, 2021. According to Lasse Petterson, President and Chief Executive Officer, GLDD ended the third quarter with i
Business & Finance
$5M funding secured for Port of Hueneme dredging project
Last Friday, Congresswoman Julia Brownley announced that the U.S. Economic Development Administration (EDA) has awarded the Port of Hueneme over $5 million to make critical long-term infrastructure improvements and dredge a berth at the port, which will enable container vessels to load heavier with
Business & Finance
IADC Releases its Annual Report 2020
The International Association of Dredging Companies (IADC) has officially released its ‘Annual Report 2020’ highlighting the broad spectrum of activities undertaken over the course of the year. Like so many sectors, the dredging industry faced a difficult 2020 in the face of the COVID-19 pandemic. D
Business & Finance
Managing coastal risks in South Australia
$1 million in grants is now available to help repair, restore and sustain the state’s regional coastal areas under the State Government’s Securing the future of our regional coastline initiative. Director Climate Change, Coasts and Marine Neil McFarlane said that the Department for Environment and W
Business & Finance
Autumn issue of Terra et Aqua magazine out now
The International Association of Dredging Companies (IADC) has just released the latest issue of Terra et Aqua magazine featuring articles covering dredging projects as well as the topics of safety, socio-economics, technical innovations and the environment. The autumn issue includes stories on appl
Business & Finance
$70 million for regional water infrastructure projects in Queensland
The next phase of Palaszczuk Government’s Building Our Regions program has taken a step forward with details of the $70 million for regional water infrastructure projects revealed. Regional local governments in Queensland will soon be able to apply for a share of the $70 million Building Our Regions
Business & Finance
Date fixed for the next dredging congress in Moscow
Information & Analytics Agency PortNews (PortNews) has just announced the date of their 5th International Dredging Congress in Russia. The event named “Hydraulic Engineering Structures and Dredging” will be held in Moscow on February 16-17, 2022. The Congress is a unique and highly acclaimed industr
Business & Finance
$2.5M for Wellfleet Harbor dredging project
The Baker-Polito Administration recently awarded a $2,500,000 grant to the Town of Wellfleet for their harbor maintenance dredging project. Thanks to this funding from the Massachusetts Dredging Program, the town will remove an estimated 116,500 cubic yards of material from areas surrounding the Tow
Business & Finance
Funds secured for Mid-Bay Island project
U.S. Senator Ben Cardin recently announced a major victory for the health of the Chesapeake Bay and the economic vitality of the Port of Baltimore as he secured Senate Appropriations Committee approval of $37.5 million for the first year of construction for the Mid-Chesapeake Bay Island Ecosystem Re