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Great Lakes Dredge & Dock (NASDAQ:GLDD) and Williams Industrial Services Group (OTCMKTS:WLMS) are both small-cap construction companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, earnings, risk, dividends, profitability and analyst recommendations. Great Lakes Dredge & Dock currently has a consensus target… Read More
Dredge Central, LLC of Goodlettsville, Tennessee, learned of the November 19 that company founder Don King has died. King graduated from Hillsboro High School in Nashville, Tennessee, attended the University of Tennessee in Knoxville, Tennessee, and served in the U.S. Navy in WWII. In his earlier years King delivered telegrams by bicycle for Western Union,… Read More
BLP advised Arcadis on the transaction Arcadis Nederland B.V. signed a contract with the Government of Nicaragua in order to develop the project for the Deepwater Port in Bluefields. The $275 Million project of Bluefields’ Port would help reduce Nicaragua’s dependence on the foreign ports of Cortes (Honduras) and Limon (Costa Rica), on the Atlantic…. Read More
Great Lakes Dredge & Dock Corporation (GLDD) is stock of Industrial Goods sector that received attractive attention from Investors and traders. It gone under observation and created a move of -3.20% at the closed at $7.25 on Tuesday Trading session. Great Lakes Dredge & Dock Corporation stock price identified moved of -6.09% from its 52-week… Read More
The third annual Dredging and Port Construction Awards were held November 20 in Amsterdam, the Netherlands to promote innovation, efficiency and sustainability in the dredging industry. The event is organized by HIS Dredging and Port Construction. DEME was awarded the Dredging and Port Construction (DPC) “Dredger of the Year” for its 164-meter (538-foot) LNG-powered, cutter… Read More
Royal Boskalis Westminster N.V. (Boskalis) has acquired the contract for the supply and installation of the inter-array cables for the Moray Offshore Windfarm East (MOWE). In June 2017, Boskalis signed a Preferred Bidder Agreement with MOWE which has now been converted into a binding contract following the project’s financial close. The total value of the… Read More
A ship loaded with 4,500t of equipment by Bam Nuttall has been sent on a month-long journey to Antarctica, where it will be used for building a new wharf at Rothera Research Station. The new wharf, being built over the next two Antarctic seasons, is set to provide berthing and unloading for a new polar… Read More
Great Lakes Dredge & Dock (NASDAQ:GLDD) was upgraded by equities research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Wednesday, November 21st. A number of other equities analysts have also recently commented on the company. Noble Financial set a $8.00 price target on Great… Read More
Barnhart Crane & Rigging Company, Memphis, Tenn., said it recently transported its sixth water runner bound for a hydroelectric power plant in Michigan, completing a project begun in 2013. Barnhart’s scope of work included transporting the components from the Port of New Orleans to the Illinois International Port District in Chicago, Ill., where the equipment… Read More
Summary Along with Boeing, Caterpillar has been a poster child for the U.S./China trade dispute. But underlying sales and operating margins continue to be strong. Q3 EPS was a quarterly record $2.88/share and sales grew 19%. The recent sell-off has put shares solidly into undervalued territory, given the $13+/share cash hoard and $11.50 midpoint of… Read More
T. Parker Host is pleased to announce a strategic investment from Metalmark Capital. Metalmark is a leading private equity firm with a long track record of successfully investing in family and founder-owned businesses in targeted sectors, with particular expertise in infrastructure and commodity-related industries. Financial terms of the transaction were not disclosed. The strategic investment… Read More
1. THIRD INFORMAL MEETING WITH NOTEHOLDERS The Board of Directors of ASL Marine Holdings Ltd. and together with its subsidiaries, refers to the Company’s announcements dated 7 September 2018, 19 September 2018, 12 October 2018, 29 October 2018 and 21 November 2018. Further to the Previous Announcements, the Company wishes to update that the Company… Read More
Port Houston, the international port of Texas, has been a Konecranes customer for over 15 years. The port currently operates 90 Konecranes diesel-electric RTGs. The new RTGs will be hybrid, for eco-efficient operation without compromising crane performance. The hybrid system will have a Lithium-ion battery pack and advanced battery management system that will monitor the… Read More
Getting permission to dump sand in federally maintained dredged material disposal areas may not be entirely impossible, but a nationwide policy heavily restricts access for North Carolina coastal municipalities and businesses that have long relied on the sites. If the Army Corps of Engineers’ Wilmington District office, along with local and state officials, can come… Read More
The Marine Survey Office was not justified in issuing a detention order for a ship damaged while it was berthing in Greenore port, Co Louth, the High Court has ruled. The Circuit Court had previously ruled the Marine Survey Office of the Department of Transport, Tourism and Sport, was not justified in detaining the MV… Read More