Great Lakes Dredge & Dock Announces Award Of Three Contracts Totaling $59.5 Mln

(RTTNews) - Great Lakes Dredge & Dock Corp. (GLDD) announced that it received two dredging contracts with a combined value of $39.6 million to deepen the main channel of the Delaware River in Philadelphia, Pennsylvania.

Great Lakes said it will use a combination of hopper and clamshell vessels to dredge over one million cubic yards to deepen a section of the river from 40 feet to 45 feet. Great Lakes deepened a different section of the Delaware River two years ago and is looking forward to continuing its efforts to deepen the river's navigation channel. Dredging is expected to begin this summer.

GLDD said that the U.S. Army Corps of Engineers Wilmington District recently awarded it a $19.9 million contract to provide dredging services to protect Highway 12, the only north-south highway along North Carolina's Outer Banks.

The company said this coastal protection project involves placing about 1.7 million cubic yards of beachfill material immediately north of the Mirlo Beach community in Rodanthe, NC.