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When Michael Sullivan moved his clam farming business to St. Augustine in 2012, it wasn’t by choice. Sullivan would have been perfectly happy continuing to operate his business in the Intracoastal Waterway south of New Smyrna. He had 36 acres of underwater leases in the Mosquito Lagoon Aquatic Preserve for 16 years and, at peak… Read More
Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services announced today the receipt of a $113 million base contract award on the Jacksonville Harbor Construction Dredging Contract ‘B’ 47-Foot Project. Great Lakes expects the U.S. Army… Read More
Great Lakes Dredge & Dock Corporation receives a $113M base contract award on the Jacksonville Harbor Construction Dredging Contract ‘B’ 47-Foot Project. The company expects to receive additional option on the contract by mid-2019 with a value of $97M, valuing the complete contract at $210M Dredging activities is expected to commence Q4 2018 with completion… Read More
Guardhat, the world’s leading Internet of Things (IoT) industrial safety technology developer specialized in developing wearables, infrastructure and software platforms to provide a safer and more productive work environment, today announced that it has closed a $20 million ‘Series A’ funding round. Led by RTP Ventures and joined by 3M Ventures, Caterpillar Venture Capital, Revolution’s… Read More
Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,526,658 shares, a decline of 35.4% from the August 15th total of 2,361,762 shares. Currently, 2.6% of the shares of the company are short… Read More
Dredging Contractors of America (DCA) applauded President Trump and Congress for their bipartisan work on legislation paving the way for dredging work in harbors and channels, infrastructure projects and beach and coastal restoration. Trump on Friday signed into law the Energy and Water, Legislative Branch, and Military Construction and Veterans Affairs Appropriations Act. The $147… Read More
Zencargo, the digital freight forwarder today announces its seed plus round, led by LocalGlobe, with participation from Samos Investments and Picus Capital bringing total funds raised to over $4m. The company works with hundreds of businesses – from high-growth scaleups to FTSE-listed businesses and will use the new funding to accelerate its product development process… Read More
An 18th century shipwreck off the Delaware coast left beaches in Lewes littered with historic artifacts. A few decades ago shipwrecked items began appearing after a beach replenishment project in 2004. Now the state of Delaware is taking precaution, moving roughly 80,000 artifacts to a more secure place in Dover. “Phone calls started coming in,… Read More
Amos P. Catlin came to Mormon Island in 1849 where he mined and practiced law. William L. Goggin, agent for the Department of the Post Office on the west coast, asked Catlin for a name for the new post office being set up on Mormon Island. Catlin offered the name Natoma which was a Maidu… Read More
This winter, the Department of Natural Resources & Environmental Control (DNREC) will kill two birds with one stone. While dredging Massey’s Ditch, engineers will pump the displaced sand onto the beach north of the Indian River Inlet. Officials with DNREC’s Shoreline & Waterway Management Section explained the scope of the maintenance dredging project at an… Read More
The once rough and tumble area in the Town of Urbanna known years ago by locals as “Little Pearl Harbor” is located on Howard and Knapp streets and along the shoreline of Perkins Creek. Even though the town had code sections against raising hogs and chickens inside town limits the critters roamed those streets into… Read More
Thanks to the efforts of Manitoulin Streams Improvement Association and the municipality of Central Manitoulin, salmon are now able to spawn in the Mindemoya River. “A lot of salmon have made it into the river since the dredging took place,” stated Seija Deschenes, project coordinator of Manitoulin Streams, on Monday. This comes after last week’s… Read More
British Marine Aggregate Producers Association and The Crown Estate publish 20th annual report THE British Marine Aggregate Producers Association (BMAPA) and The Crown Estate have published their 20th annual ‘Area Involved’ report, which details changes in the extent of the seabed area licensed and dredged for marine aggregates during 2017. The ‘Area Involved’ initiative commenced… Read More
Six months into the U.S. tariffs on imported aluminum and steel, Caterpillar (NYSE:CAT) is finding that one of the best ways it can protect profits is a cost cutting strategy that is more than two years old, Reuters reports. Even though demand has picked up since 2016, its Clayton plant still runs a single shift… Read More
If you’re planning to visit San Luis Obispo’s Laguna Lake anytime soon, beware of harmful toxins in the water. City officials have posted signs around the lake near Madonna Road warning that recent blue-green algae growths pose health risks to people and pets. The warnings are: ? Don’t drink the water or use it for… Read More