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Great lakes dredge and dock net worth2/20/2024 ![]() ![]() ![]() Great Lakes also owns and operates the largest and most diverse fleet in the U.S. Great Lakes has a disciplined training program for engineers that ensures experienced-based performance as they advance through Company operations. In its over 128-year history, the Company has never failed to complete a marine project. The Company employs civil, ocean and mechanical engineering staff in its estimating, production and project management functions. The Company is also a significant provider of environmental and remediation services on land and water. dredging company with significant international operations. Great Lakes Dredge & Dock Corporation (Great Lakes) is the largest provider of dredging services in the United States and the only U.S. This solidifies our position as the nation’s leading dredging contractor.” The projects are a great addition to our current backlog which includes the deepening and coastal protection projects ongoing in Charleston where three of our largest dredges are engaged and on the Gulf Coast where the Ellis Island and Liberty Island are working. The corresponding increases in imports and exports through the ports have major economic benefits and employment opportunities for the coastal cities and states from the increase in trade volumes.ĭavid Simonelli, President Dredging commented, “We are pleased to announce these significant coastal protection and capital dredging awards for our company. The two shipping access channel widening and deepening projects are part of the ongoing effort to make United States ports capable of receiving the larger vessels now coming through the expanded Panama Canal and supporting our nation’s growing energy exports. We expect these projects will be executed in the period June 2018 through May 2019 and will be performed with minimal disruption to the local communities with a view to increasing the resilience of our coastal environments to challenges from rising sea levels. The scope of work for the four coastal protection projects includes nourishment of beachfronts with sand excavated from off-shore borrow which is then used to rebuild dunes and restore the shorelines eroded by winter storms. ![]()
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