offshore wind industry and our nation,” said Lasse Petterson, Great Lakes Dredge & Dock’s President and Chief Executive Officer.
“This contract, valued at approximately $197 million, marks a milestone for our company, the U.S. This vessel will service America’s growing offshore wind energy industry and help reach the Biden administration’s ambitious 30 GW of offshore wind goal by 2030. 16, 2021 (GLOBE NEWSWIRE) - Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), the largest provider of dredging services in the United States announced today that the Company has signed a contract with Philly Shipyard, Inc (OSE: PHLY) to build the first U.S.-flagged Jones Act-compliant, inclined fallpipe vessel for subsea rock installation. Vessel expected to be sea-ready by Q4 2024.Major step in establishing U.S.-based rock supply chain for the offshore wind industry.Historic milestone for domestic offshore wind industry, will create hundreds of U.S.
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