Great Lakes Dredge & & Dock Corporation (NASDAQ: GLDD), the biggest supplier of digging up solutions in the UNITED STATE, reports that it has actually been granted current agreements worth overall $51.1 million.
The granted job consists of:
- CPRA Cameron Meadows Marsh Creation Project (Coastal Protection, Louisiana, $28.6 million)
- Oak Island Beach Project (Coastal Protection, North Carolina, $15.4 million)
- New York as well as New Jersey Harbor, Port Jersey Channel Maintenance Dredging Federal Navigation Project (Maintenance, New Jersey, $4.2 million)
- Jacksonville Harbor Maintenance Dredging Project (Maintenance, Florida, $2.9 million)
The CPRA Cameron Meadows Marsh Creation Project includes the development of a brand-new marsh location in Cameron Meadows, Louisiana, making use of product dug up from an obtain resource offshore in the Gulf ofMexico Work on this task will certainly begin in the 4th quarter of 2020.
The Oak Island Beach Project involves positioning of coastline fill product, dug deep into from the marked Jay Bird Shoals obtain location, along roughly 3 as well as a half miles of coastline for the Town of Oak Island,North Carolina This task additionally consists of dune yard growing on locations of bring back berms. Work will certainly start in the 4th quarter of 2020.
The New York as well as New Jersey Harbor, Port Jersey Channel Maintenance Dredging Federal Navigation Project includes upkeep dredging of shoaled product with overseas disposal at the Historic Area Remediation Site (HARS), which is roughly 5 miles east of Sandy Hook,New Jersey Mechanical digging up job will certainly start on this task in July 2020.
The Jacksonville Harbor Maintenance Dredging Project contains network upkeep dredging in numerous places within the Lower Terminal Channel ofJacksonville Harbor Work on this task will certainly be finished in September 2020.
Lasse Petterson, President as well as Chief Executive Officer at Great Lakes commented, “Great Lakes is pleased to announce these important, coastal protection and maintenance dredging awards. Dredging has been deemed as an essential service during this unprecedented pandemic, which allows us to continue to work on projects that support the overall improvement and resiliency of our country’s environment, coastlines and infrastructure.”