On November 5 Orion Marine Group Inc. (NYSE: ORN) reported net income for the three months ended September 30 2009 of $5.4 million ($0.22 diluted earnings per share). These results compare to net income of $3.8 million ($0.17 diluted earnings per share) for the same period a year ago. Read More

Royal Boskalis Westminster N.V. realized a net profit of 102.7 million in the first half of 2009 compared to 110.0 million in the first half of 2008 excluding a non-recurring gain relating to the hopper dredge W.D. Fairway ( 92.0 million). Read More

Cal Collins has been promoted to president of ESCOs Engineered Products Group. The announcement was made on September 3 by Larry Huget ESCOs president and chief operating officer. Read More

DEME Wins IADC Safety Award

November 30, 2009

The Board of the International Association of Dredging Contractors (IADC) has presented its 2009 Safety Award to DEME Environmental Contractors (DEC) for its safety performance on the project Remediation of the Acid Tar Lagoons in Rieme Belgium. Read More

On September 30 the Los Angeles Board of Harbor Commissioners approved the San Pedro Waterfront Project. The 400-acre waterfront infrastructure and revitalization initiative will extend from the Ports inner harbor cruise facilities to Cabrillo Beach in the outer harbor. Included in the plans are the creation of three new small harbors for visiting and commercial boats along the waterfront requiring 605000 cubic yards of dredging. Read More