USACE award announced. Last week, GLDD was low bidder on a project related to maintenance dredging in Louisiana. A fully crewed and equipped hopper dredge will be leased out for $24.3 million for work that should be completed in early 4Q2022.Environmental litigation will cost up to $3 million. In mid-June, GLDD agreed to plea guilty to a single misdemeanor for violating the Clean Water Act in connection with an oil spill in 2016. A fine of $1 million will be paid and a fund of up to $2 million will be established to pay added restitution as determined at future hearings. While the oil spill was caused by a sub contractor, GLDD was faulted for failing to properly supervise the work. While the guilty plea could jeopardize... Read More >>