Sep 9, 2024, 9:00 AM
Sep 9, 2024, 9:00 AM

Great Lakes Dredge & Dock joins Noble Capital Markets interview series

Highlights
  • Great Lakes Dredge & Dock Corporation participated in an interview series with Noble Capital Markets featuring key executives discussing various industry topics.
  • The interview covered the Acadia vessel's delivery, competition, and the challenges and opportunities in the offshore wind market.
  • The insights shared during the interview highlight the company's strategic direction and commitment to safety and operational excellence.
Story

On September 9, 2024, Great Lakes Dredge & Dock Corporation announced its participation in an exclusive interview series hosted by Noble Capital Markets. The interview featured key executives, including President and CEO Lasse Petterson, CFO Scott Kornblau, and SVP of Offshore Wind Eleni Beyko, Ph.D. They discussed various topics, including the anticipated delivery of the Acadia vessel, its competitive landscape, and the advantages of operating as a 'Jones Act' vessel. The executives also addressed challenges in the domestic offshore wind market and explored opportunities in international markets. The Acadia vessel's potential applications beyond offshore wind were highlighted, along with an overview of the dredging market and the company's future challenges. This interview, recorded on August 28, 2024, is now available for public viewing on Channelchek. Great Lakes Dredge & Dock Corporation is recognized as the largest provider of dredging services in the U.S. and is actively expanding into the offshore wind energy sector. With a history spanning over 134 years, the company has a strong track record of completing marine projects and operates a diverse fleet of approximately 200 specialized vessels. The company emphasizes safety through its Incident-and Injury-Free® (IIF®) program, which is integral to its corporate culture. This commitment to safety and operational excellence positions Great Lakes favorably as it navigates the evolving landscape of the dredging and offshore wind industries.

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