Tag: Great Lakes Dredge & Dock

8
Jul

Damen & Conrad Shipyard Enter License Agreement to Build First US Multi Cats For Great Lakes Dredge & Dock

Damen Shipyards Group has concluded a licence agreement with US-based Conrad Industries. The agreement will see the Conrad Shipyard LLC construct two Damen Multi Cats 3013 for Great Lakes Dredge & Dock Corporation. The two vessels covered by this agreement will be the first Damen Multi Cats to be built in the USA. Fully compliant with the US Coast Guard

Read more

3
Dec

Great Lakes Dredge & Dock Corporation Advances US Offshore Wind Energy Industry with Decision to Design First Jones Act Compliant, Purpose-built Vessel for Subsea Rock Installation

Represents critical step forward for US renewables and offshore wind industry State-of-the-art vessel designed in cooperation with Ulstein First step in establishing US – based rock supply chain for the offshore wind industry Vessel to be built by US shipyard and expected to be operational as early as Q1 2024   HOUSTON – [Dec. 3, 2020] – Great Lakes Dredge

Read more

17
Nov

NextDecade Selects Great Lakes Dredge & Dock to Complete Ship Channel Improvements

https://www.businesswire.com/news/home/20201117006100/en/ November 17, 2020 04:05 PM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–NextDecade Corporation (NextDecade) (NASDAQ: NEXT) today announced that it has completed a competitive bid and contracting process and has selected Great Lakes Dredge & Dock Corporation (Great Lakes) (NASDAQ: GLDD) to perform essential improvements to the Brownsville Ship Channel (Channel). These improvements, which include deepening the Channel, will enhance commercial

Read more

4
Nov

Great Lakes Reports Third Quarter Results

Nov 04, 2020 PDF Version Third quarter income from continuing operations of $12.5 million Third quarter adjusted EBITDA from continuing operations of $32.2 million Backlog of $661.3 million at September 30, 2020 Cash position of $229.7 million at September 30, 2020 Company moving headquarters to Houston, Texas   OAKBROOK TERRACE, Ill., Nov. 04, 2020 (GLOBE NEWSWIRE) — Great Lakes Dredge

Read more

13
Oct

Great Lakes Provides Additional Funding to The Florida Aquarium to Support Coral Solutions

Oct 13, 2020 PDF Version OAK BROOK, Ill., Oct. 13, 2020 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States announced today that they have increased their investment in coral conservation and restoration work at The Florida Aquarium in Tampa, Florida. Since 2014, The Florida Aquarium has focused on protecting

Read more

2
Oct

Great Lakes Announces Receipt of $59.8 Million in Awarded Work Resulting in a Total of $416.8 Million of Awards for the Third Quarter of 2020

OAK BROOK, Ill., Oct. 02, 2020 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States, announced today the receipt of several major dredging awards totaling $59.8 million. The awarded work includes: Atchafalaya River Bay, Bar and Crewboat Cut Maintenance Dredging Project (Maintenance, Louisiana, $13.8 million) Shore Protection, North Reach

Read more

16
Sep

Great Lakes Announces Receipt of $118.8 Million in Awarded Work

Sep 16, 2020 PDF Version OAK BROOK, Ill., Sept. 16, 2020 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States announced today the receipt of several major dredging awards totaling $118.8 million. The awarded work includes: Post 45 Contract 4 Charleston Lower Harbor New Work Dredging Project (Capital, South Carolina,

Read more

28
Aug

Working with ‘Wounded Nature’ in Charleston

While on location with a project in Charleston Harbor, SC, Great Lakes Dredge & Dock was able to lend a helping hand to a local environmental organization, Wounded Nature, to raise a derelict sailboat.

4
Aug

Great Lakes Announces Share Repurchase Program

Aug 04, 2020 PDF Version OAK BROOK, Ill., Aug. 04, 2020 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ:GLDD), the largest provider of dredging services in the United States announced that the Board of Directors has authorized a share repurchase program pursuant to which the Company may repurchase up to $75 million of its

Read more

4
Aug

Great Lakes Reports Second Quarter Results

Aug 04, 2020 PDF Version Second quarter income from continuing operations of $9.0 million Year to date income from continuing operations of $42.9 million Second quarter adjusted EBITDA from continuing operations of $28.1 million Year to date adjusted EBITDA from continuing operations of $89.5 million Cash position of $233.5 million at June 30, 2020 OAK BROOK, Ill., Aug. 04, 2020

Read more