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updated: 9/15/2017 10:07 AM

Great Lakes receives $87 million in work contracts

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Globe Newswire

OAK BROOK -- Great Lakes Dredge & Dock Corp. received a combined $87.3 million in work across four projects, including the $47.2 million award for the Post 45 Foot Charleston Entrance channel maintenance and new work dredging -- Contract 1 project.

The scope of work for Charleston I includes excavation of approximately 6.1 million cubic yards of material to deepen a portion of the Charleston, South Carolina Harbor Entrance Channel. Work is expected to commence later this year and be completed by March 2020.

The additional three projects include the Baltimore Harbor dredging, Cape Henry Channel in Virginia Beach, Virginia, for $14.5 million; flood control and coastal emergencies repair, Great Egg Harbor Inlet and Peck Beach for $13.7 million; and beach renourishment at Isle of Palms, South Carolina, for $11.9 millio).

Work on these three projects will begin in Fall 2017 and be completed in Summer 2018.

"The Charleston I deepening project is an important win for the company representing the start of the overall massive Charleston Port Deepening works," said David Simonelli, president of dredging operations. "We are pleased to see the Corps of Engineers, state of South Carolina and South Carolina Port Authority moving this crucial work forward on an expedited basis to improve neo-Panamax vessel access to Charleston."

The Cape Henry maintenance dredging and Great Egg Harbor and Isle of Palms coastal protection work will employ one hopper dredge and two cutter dredges.