Great lakes dredge & dock corporation signs contract with philly shipyard, inc. to build the first jones-act compliant subsea rock installation vessel for u.s. offshore wind

Houston, nov. 16, 2021 (globe newswire) -- great lakes dredge & dock corporation (“great lakes dredge & dock” or the “company”) (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. 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.
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