OAK BROOK, Ill.–(BUSINESS WIRE)– 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 remediation services, announced the receipt of a dredging contract valued at over $30 million to widen the entrance and jetty channels of the Freeport Ship Channel near Freeport, Texas. Approximately 4.5 miles of channel will be widened by 200 feet, enabling larger ships to safely navigate the 600 feet-wide channel. A portion of the dredged material is planned to be beneficially used to nourish the coastline in Quintana, TX. Work on the project is scheduled to commence in October 2014.
GLDD Announces Award to Widen Freeport Harbor Ship Channel
Oct 3, 2014