It's on us. Share your news here.
It's on us. Share your news here.
Great Lakes Dredge & Dock (NASDAQ:GLDD) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Thursday, November 1st. GLDD has been the topic of a number of other reports. ValuEngine raised shares of Great Lakes Dredge & Dock from a “buy” rating to… Read More
Some back and forth about the urgency of dredging Grand Canal took place at the Newport Beach City Council meeting on Oct. 23. City Council members ultimately decided to move forward with a re-bid that would complete the second phase of the dredging operation. The first phase of the dredging activity was completed in February… Read More
United Kingdom-based HR Wallingford has sold out its upcoming two-day dredging course. The course is designed to provide an introduction to dredging for those who are responsible for commissioning and managing dredging contractors and those who regulate dredging. It will give an overview of the environmental aspects of dredging, as well as the latest technology… Read More
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) moved -0.70% from the recent close and currently pricing at $7.10. There has been some talk amongst investors regarding this name and is on many “cheap” stock watchlists. Cheap that is in terms of price, but what about value? Investing in the stock market offers the potential for… Read More
The U.S. Army Corps of Engineers (USACE) announced its Fiscal Year (FY) 2019 Work Plan, which includes an additional $59 million in funding for the Corpus Christi Ship Channel Improvement Project (CIP). This funding brings the total Federal appropriations for the CIP to $95 million. The estimated CIP cost is $360 million, of which the… Read More
BlackRock Inc. raised its position in Infrastructure and Energy Alternatives (NYSE:IEA) by 83.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,834,278 shares of the company’s stock after purchasing an additional 834,278 shares during the period. BlackRock Inc. owned 8.50%… Read More
The federal government will contribute another $41.4 million toward the Charleston Harbor deepening that’s designed to keep big container ships visiting the Port of Charleston, the Army Corps of Engineers said Wednesday. The money is coming from the Army Corps’ work plan, which provides funding for waterway navigation and other projects in addition to what… Read More
Jan De Nul Group wins the ‘DPC Coastal Port Dredging Project of the Year Award’ for its sustainable approach in port dredging. This award was presented during a ceremony in Amsterdam yesterday evening, organised by IHS Dredging and Port Construction, a leading maritime publication. With these annual awards, DPC is promoting innovation, efficiency and sustainability… Read More
The U.S. Army Corps of Engineers has delivered its Fiscal Year 2019 Work Plan for the Army Civil Works program to Congress. On September 21, 2018, President Donald Trump signed into law the Consolidated Appropriations Act, 2019, which provides $6.999 billion in FY 2019 appropriations for the program. The work plan funds to completion 15… Read More
So the Dredging Corporation of India (DCI) is not being privatised, but its sale to four state-owned Major Port Trusts is not much to celebrate. It is merely a move by the Modi government to meet its disinvestment target while allaying the massive opposition it faced while trying to privatise the DCI, less than a… Read More
Jaxport will receive $46 million to deepen a portion of the St. Johns River, the project’s largest federal contribution to date. The funds were allocated in the U.S. Army Corps of Engineers work plan Wednesday, according to a statement from Sen. Marco Rubio’s office. Jaxport has now been allocated almost $100 million in federal funds… Read More
The big shareholder groups in China Dredging Environment Protection Holdings Limited (HKG:871) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. I generally like to see some degree of insider ownership, even if only a little. As… Read More
A maritime expert and also Chief Executive Officer, Safewater Energy and Environmental Restoration Limited, SWEERGLOBAL, Dr Thaddaeus Thompson, has tasked the Federal Government on dredging and ports’ rehabilitation across the country in order to explore its maritime economy for massive flow of foreign direct investments. Thaddaeus stated this in an interview, while baring his mind… Read More
