GLDD Great Lakes Dredge & Dock begins work off the Louisiana Coast
13:46 GLDD Great Lakes Dredge & Dock begins work on first sand berm off the Louisiana Coast Co reported that it has been engaged as a subcontractor to Shaw Environmental and Infrastructure Group ("Shaw") to provide dredging services relating to the construction of sand berms off the Louisiana coast. Shaw has been retained by the State of Louisiana to construct the berms. Additionally, Great Lakes has submitted proposals to Shaw for an additional three dredges and ancillary support equipment to be used in the berm construction project. Should Great Lakes proposals be accepted, the total scope of work contracted to Great Lakes could range from four to seven dredges and other ancillary equipment. BP has committed $360 million to the State of Louisiana for this project.