GLDD

“Looking backwards, 2024 was a great year.” That’s Michael Gerhardt’s assessment of the federal dredging market for last year, and Gerhardt, vice president of external affairs at Muddy Water Dredging,… Read More

Great Lakes Dredge & Dock Company LLC (GLDD) of Houston has been awarded a $35,814,600 firm-fixed-price contract for dredging. Work will be performed in Galveston, Texas, with an estimated completion… Read More

The Jacksonville Engineer District has awarded a $40.6 million contract to Houston-based Great Lakes Dredge & Dock LLC for the sixth iteration of the Canaveral Harbor Sand Bypass project. The… Read More

Great Lakes Dredge & Dock Corporation (GLDD) reported sharply higher net income for the first quarter of 2024 compared to a year earlier. GLDD announced May 7 that its first… Read More

Great Lakes Dredge & Dock Corporation (GLDD) announced on April 24 that it has entered into a $150 million, five-year, senior secured second-lien credit agreement with Guggenheim Credit Funding LLC on… Read More

In its February 14 earnings report, Great Lakes Dredge & Dock Corporation (GLDD) said its net income for the fourth quarter of 2023 was $21.6 million, a $52.8 million improvement… Read More

Houston-based Great Lakes Dredge & Dock Corporation (GLDD), the largest dredging contractor in the United States, closed 2023 with the announcement of $173.7 million in new contract awards. Five projects… Read More

Great Lakes Dredge & Dock Corporation (GLDD) reported a net loss of $6.2 million for the third quarter on revenues of $117.2 million. A year ago, the company reported a… Read More

Great Lakes Dredge & Dock Corporation on September 19 announced the receipt of several dredging contract awards totaling $177 million. The awarded work includes: • Orange Beach, Gulf State Park, Gulf Shores… Read More

It’s a good time to be in the dredging business. A flood of infrastructure spending from several recently passed bills including the Infrastructure Investment and Jobs Act (also called the… Read More