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SD Man Named ND Guard Brig. General

United States

The North Dakota Army National Guard will promote Col. Robert A. Fode of Bismarck to brigadier general on Sunday. A 2 p.m. ceremony on Sunday is planned at the Raymond J. Bohn Armory theater in Bismarck. North Dakota adjutant general Maj. Gen. David Sprynczynatyk will preside over the ceremony. Fode is a native of Mobridge…. Read More

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Great Lakes Dredge & Dock Corporation Announces Common Stock Repurchase Program

United States

Great Lakes Dredge & Dock Corporation GLDD, +1.14% the largest provider of dredging services in the United States and a major provider of environmental and remediation services, today announced that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $15 million of its common stock. Under the authorization,… Read More

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DryShips Trading Well Below Liquidation Value

United States

DryShips (NASDAQ:DRYS) announced a couple of days ago that it would sell 13 Capesize and 4 Panamax ships to entities affiliated with CEO George Economou. The company has already agreed to sell its entire tanker fleet, also to Economou-controlled entities. Perhaps more surprising, it announced that it was classifying the remaining drybulk ships as “held… Read More

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A Manufacturer of Maritime Vessels and Equipment Surfs a New Wave of Sales

United States

The Netherlands-based Royal IHC is sailing toward more than $125 million in business-to-business e-commerce revenue in 2015. Royal IHC, a manufacturer of dredging and mining vessels and maritime equipment based in the Netherlands, is sailing toward more than $125 million in business-to-business e-commerce revenue in 2015, up 25.6% from $100.22 million in 2014, it projects…. Read More

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Green Takes Command at ERDC

United States

Col. Bryan S. Green seemed somewhat destined to become the commander of the U.S. Army Corps of Engineers Engineering Research and Development Center. “I am a geek at heart,” Green said during a ceremony Thursday as he assumed command of the country’s premier engineering facility. Green first visited the labs at ERDC more than a… Read More

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Donjon Gets $11.5 Million Dredging Contract

United States

Donjon Marine Co., Inc. Hillside, NJ, has been awarded an $11,552,862 Army Corps of Engineers firm-fixed-price contract with options for maintenance dredging Flushing Bay and Creek, Queens, NY, with an estimated completion date of Nov. 28, 2015. Bids were solicited via the Internet with three received. Fiscal 2015 other procurement funds in the amount of… Read More

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DryShips to Sell 17 Vessels at $795M Loss, Shares -36%

United States

DryShips (DRYS -36.8%) plunges on news it agrees to sell 17 of its bulkers to other entities controlled by Chairman/CEO George Economou, a move analysts say is part of a longer-term plan to recapitalize the business. The 13 Capesize and four Panamax bulk carriers are being sold for a combined $377M, including their existing employment… Read More

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Orion Marine Group Announces a Contract Award of Approximately $12 Million

United States

HOUSTON, Sept. 09, 2015 (GLOBE NEWSWIRE) — Orion Marine Group, Inc. (NYSE:ORN)  a leading construction company, today announced a contract award of approximately $12 million. The Company’s Heavy Civil Marine Construction segment was recently awarded a contract to perform environmental remediation work in Washington State. The project will begin in the 3rd quarter of 2015 and… Read More

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Bouygues Brings in Arcadis for €675M Port of Calais Expansion

United States

Arcadis will lead the engineering work from the final design to the detailed design including site supervision during construction. Arcadis’ fee for the project is €20m (£14.6m), with the contract running until the end of 2020. The extension of the Port of Calais involves building a new 3.3km long breakwater. Phase one includes three ferry… Read More

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Green to Take Command of ERDC

United States

Col. Bryan S. Green takes command of the U.S. Army Corps of Engineers’ Engineer Research and Development Center Thursday at a change of command ceremony at ERDC. The ceremony is 10 a.m. at the Information Technology Laboratory auditorium. Host for the ceremony is Maj. Gen. Richard L. Stevens, Corps deputy commanding general. He assumes command… Read More

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Eddie Jackson Named Major General in U.S. Army Corps of Engineers

United States

A former Conyers resident and 1982 Heritage High School graduate, Army officer Eddie Jackson, center, was promoted to major general on Aug. 2 by Lt. Gen. Thomas Bostick, U.S. Army chief of engineers, at left, and his wife Lynne. Jackson is the son of Don and Mary Jackson of Conyers. He currently serves as the… Read More

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Ellicott Announces Completely New Series 2070 Dragon Dredger

United States

Ellicott® Dredges, one of the oldest and most successful dredging equipment companies in the world, has been supplying dredging equipment to governments, municipalities, contractors, sand and gravel operators, port authorities, and marina operators for over 125 years. As a world renowned dredging equipment supply company, Ellicott® has sold over 2000 dredges in 100 countries. Not… Read More

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Wasa Dredging Ltd Rolls Out New Dredging Equipment

United States

The Finnish dredging equipment manufacturer and sales company Wasa Dredging will present both existing and new models when coming to Neva 2015. The Equipment and Sales branch of the dredging entrepreneur will present the new backhoe dredgers series “BHD 48000” and “BHD 28000” as well as the previous “BHD 18000” and “BHD 12000”, the Company… Read More

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Illinois Company Wins Bid for Caillou Lake Project

United States

An Oak Brook, Ill. company has been chosen to construct the NRDA Caillou Lake Headlands restoration project. State officials said on Thursday the apparent low bidder as read is Great Lakes Dredge & Dock Company, LLC with a bid of $103,176,805. The project includes restoring the barrier shoreline along the entire length of Whiskey Island… Read More

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Solent Refits its Own Yard

United States

Southampton-based refit yard, Solent Refit, has recently completed the build of its own dredger and received all necessary permissions to begin the dredging of its waters. Solent Refit’s modified berths will be capable of housing superyachts well in excess of 100m. SuperyachtNews.com speaks with Allan Foot, Solent Refit’s managing director, about the new berths and… Read More

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