Great Lakes Dredge wins agreements worth $71.6 million


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Great Lakes Dredge & & Dock Corporation (NASDAQ: GLDD), the biggest service provider of digging up solutions in the UNITED STATE, today reported the invoice of numerous significant dredging honors amounting to $71.6 million.

The granted job consists of:

  • Caminada Headland Back Barrier Marsh Creation Project (Coastal Protection, Louisiana, $30.1 million)
  • York Spit Project (Maintenance, Virginia, $17.6 million)
  • West of Shinnecock Inlet (WOSI) Dune Road Project (Maintenance, New York, $10.7 million)
  • South Atlantic Region Harbor Dredging Project (Maintenance, Georgia as well as North Carolina, $8.3 million)
  • Mouth of the Colorado Maintenance Project (Maintenance, Texas, $4.9 million)

The Caminada Headland Back Barrier Marsh Creation Project involves digging up appropriate marsh fill product from assigned overseas obtain locations to produce a 8 mile lengthy stretch of marsh. This job will certainly assist strengthen Louisiana’s obstacle islands as well as protect against seaside disintegration. Work is anticipated to begin in the 2nd quarter of 2020.

The York Spit Project includes upkeep dredging to get rid of product from the York Spit Channel, a technique network for the Port of Baltimore in the Virginia waters of theChesapeake Bay Work on this job will certainly start in the springtime of 2020.

The West of Shinnecock Inlet (WOSI) Dune Road Project includes emergency situation coastline repair job to renew sand along the beachfront that will certainly fix the obstacle island breech right into Shinnecock Bay which happened after numerous tornados in the autumn of 2019. Work on this job is anticipated to finish by the end of March 2020.

The South Atlantic Region Harbor Dredging Project includes yearly upkeep dredging deal with Brunswick, Savannah, Wilmington as well asMorehead City Harbors Great Lakes was formerly granted $13.9 million for this job in 2019 to total operate in Brunswick, Savannah as well asWilmington Harbors This adjustment is the honor of the Morehead City job.

The Mouth of the Colorado Maintenance Project includes upkeep dredging to get rid of product from the entryway network with helpful usage onto an assigned coastline location. This job likewise consists of digging up to get rid of product from the Intracoastal Waterway networks. Work on this job will certainly begin in the 2nd fifty percent of 2020.

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