dredge

Another red ink quarter at GLDD

Shares in America’s largest provider of dredging services, Houston-headquartered Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), fell by 13.6% Wednesday after the company reported third quarter results that included a net loss of $6.2 million.

Third quarter 2023 highlights

  • Revenue was $117.2 million for the third quarter
  • Total operating loss was $5.1 million for the third quarter
  • Net loss was $6.2 million for the third quarter
  • Adjusted EBITDA was $5.3 million for the third quarter

“The...

https://www.marinelog.com/inland-coastal/dredging/another-red-ink-quarter-at-gldd/

Port of Portland seeks shipyard proposals for dredge tender

Seattle-headquartered naval architecture firm Glosten reports that the Port of Portland, Ore., is soliciting proposals from qualified shipyards for the construction of a new dredge tender to replace the W.L. Williams.

Designed by Glosten, the Williams replacement vessel is a 69-foot-long, twin-screw, multipurpose vessel powered by two Caterpillar Inc. C18 EPA Tier 3 engines. With its double-chined hull, pram bow, push knees, and a full suite of Markey Machinery Company, Inc. electric winches on...

https://www.marinelog.com/inland-coastal/dredging/port-of-portland-seeks-shipyard-proposals-for-dredge-tender/

Keppel O&M delivers first dual-fuel dredge built in Singapore

Rotterdam-headquartered Van Oord has taken delivery of the first of a series of three trailing suction hopper dredges (TSHDs) from Keppel Offshore & Marine Ltd. Named Vox Ariane, and with a hopper capacity of 10,500 cubic meters, it can run on LNG.

Van Oord orders third dredge at Keppel FELS

“We are pleased to deliver the first dual-fuel dredge built in Singapore to Van Oord,” said Tan Leong Peng, managing director (new builds) at Keppel O&M. “This is the sixth dredge delivered by Keppel O&M,...

https://www.marinelog.com/inland-coastal/dredging/keppel-om-delivers-first-dual-fuel-dredge-built-in-singapore/

C-Job launches new cutter suction dredge series

Targeting the mid range of the cutter suction dredge (CSD) market, Netherlands based C-Job Naval Architects today launched a new CSD design series.

Showcasing its possibilities is an innovative new self-propelled concept design. The 34-inch self-propelled cutter suction dredge features a cutter power of 3,500 hp. and a total installed power of approximately 26,000 HP. The CSD includes two 6,300 hp. dredge pumps on deck and one 3,500 hp. submerged dredge pump on the cutter ladder enabling a...

https://www.marinelog.com/inland-coastal/dredging/c-job-launches-new-cutter-suction-dredge-series/

Corpus Christi Ship Channel Improvement Project included in proposed FY23 budget

The Corpus Christi Ship Channel Improvement Project was included in President Joe Biden’s proposed Fiscal Year 2023 Budget released yesterday under the U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction category. 

The president’s recommended funding targeted project closeout appropriations of $157.3 million. Once approved by Congress, the appropriation would complete the Corpus Christi Ship Channel Improvement Project, rendering it the most improved ship channel in the entire...

https://www.marinelog.com/inland-coastal/inland/corpus-christi-ship-channel-improvement-project-included-in-proposed-fy23-budget/

Manson awarded $19.6 million USACE dredging contract

Manson Construction Company, Seattle, Wash., has been awarded a $19,628,500 firm-fixed-price contract for dredging the Humboldt Bay Bar, the mouth of the Columbia River and the Lower Columbia River. Bids were solicited via the internet with one received.

Work will be performed in Portland, Ore., with an estimated completion date of March 15, 2023.

Fiscal 2022 civil operation and maintenance funds in the amount of $19,628,500 were obligated at the time of the award. The Portland Engineer District...

https://www.marinelog.com/inland-coastal/dredging/manson-awarded-19-6-million-usace-dredging-contract/

Jan De Nul signs supply agreement with W&O

Extending an existing 10-year relationship, dredging and installation vessel giant Jan De Nul has signed a new agreement with W&O, a leading supplier of valves, actuators, pipes and fittings to the global maritime industry.

The new two-year agreement will see W&O supply marine valves and instrumentation to Jan De Nul Group to meet the needs of its complex and specialist operations.

The two-year supply agreement ensures efficient and rapid delivery from stock of manual and actuated marine valves...

https://www.marinelog.com/inland-coastal/dredging/jan-de-nul-signs-supply-agreement-with-wo/

New dredge underway at Eastern Shipbuilding for Weeks Marine

Eastern Shipbuilding Group is busy with the construction of the trailing suction hopper dredge R.B. Weeks (ESG Hull 258). The dredge is a sister ship to the Magdalen (ESG 256), delivered to Weeks Marine Inc. in 2017

The 356- by 79-foot, 6-inch by 27-foot, 3-inch dredge R.B. Weeks is named in honor of Richard B. Weeks, a co-founder of Weeks Marine and married to Magdalen Weeks, the namesake of the other dredge. This new dredge is being constructed at Eastern’s Allanton shipyard and was designed...

https://www.marinelog.com/inland-coastal/inland/new-dredge-underway-at-eastern-shipbuilding-for-weeks-marine/

Sean Duffy named 2022 C. Alvin Bertel Award recipient

The World Trade Center New Orleans (WTCNO) reports that Sean M. Duffy Sr., executive director of Big River Coalition, and executive vice president of Louisiana Maritime Association, will be the recipient of its 2022 C. Alvin Bertel Award.

The Bertel Award was established in 1967 and is presented each year to an individual who has made significant contributions to the Louisiana port and maritime community. Duffy will be presented with the award at the annual C. Alvin Bertel Award Ceremony and...

https://www.marinelog.com/inland-coastal/dredging/sean-duffy-named-2022-c-alvin-bertel-award-recipient/

USACE awards Cleveland Harbor dredging contract

The Buffalo Engineer District has awarded a $5.98 million contract to Michigan-based Walsh Service Solutions. The award covers dredging of the federal navigation channel in Cleveland Harbor.

“Maintaining the operation of our nation’s ports is more critical than ever to the vitality of the nation,” said Lt. Col. Eli Adams, commander of the Buffalo District. “We’re proud of our partnerships with the city of Cleveland, the state of Ohio, and our representatives in Congress that have made this...

https://www.marinelog.com/inland-coastal/dredging/usace-awards-cleveland-harbor-dredging-contract/

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