GLDD Announces More Than $90 Million In New Work
Houston-based Great Lakes Dredge & Dock Corporation (GLDD), which operates the largest dredge fleet in the United States, has announced receipt of two major dredging contacts totaling $90.3 million.
The new contracts include phase 3 of the Boston Harbor Navigation Improvement Project and rehabilitation work connected to the Panama City Beaches Coastal Storm Risk Management Project.
The Boston Harbor project, valued at $61.8 million, will focus on navigational improvements to allow larger tankers to access terminals and reduce transportation costs. Boston Harbor is the principal distribution point for imports and exports for Massachusetts, New Hampshire and Vermont. The phase 3 work involves excavation of hard rock through drilling, blasting and dredging. The New England Engineer District is the client, and the project is federally funded. GLDD expects to begin work soon, with the project completed by the end of the year.
The second project along the Panama City, Fla., coast, valued at $28.5 million, will involve placing sand from a designated borrow area to Panama City beaches that saw significant erosion over the past several years due to hurricanes. The Mobile Engineer District is the client, and the majority of the project is federally funded. GLDD expects to begin this project in the third quarter of 2021, with the project completed by the end of the year.
“Great Lakes is pleased to add these important projects to our 2021 backlog of deepening and coastal protection work,” said GLDD Chief Operating Officer David Simonelli. “Working on these projects allows Great Lakes to help strengthen the U.S. economy and support the overall improvement and resiliency of our country’s environment, coastlines and infrastructure.”