Great Lakes Dredge & Dock Corp - Company Profile
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Great Lakes Dredge & Dock Corporation (Great Lakes) a subsidiary of Saltchuk Resources, Inc. is involved in marine construction, primarily focusing on dredging services. It provides services that improve or preserve the navigability of waterways and protect shorelines through the removal or replenishment of soil, sand, or rock. The company's services cater to federal, state, local, and foreign governmental entities, as well as private customers, across various industries. Great Lakes operates a mobile fleet that allows it to respond to changes in demand for dredging services. The company conducts its operations primarily in the US, with a history of significant international projects. Great Lakes is headquartered in Houston, Texas, the US.
Great Lakes Dredge & Dock Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Dredging Equipment: | Capital Dredging |
| Hopper Dredges | Land Reclamations |
| Hydraulic Dredges | Channel Deepening |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Ownership Changes | In April, the company was acquired by Saltchuk Resources Inc, a provider of transportation services. |
| 2024 | Contracts/Agreements | In December, the company secured US$182 million contract from the U.S. Army Corps of Engineers for maintenance dredging. This will help the company to provide coastal storm damage reduction by maintaining an engineered beach throughout the Manasquan Inlet to Barnegat Inlet project area. |
| 2024 | Contracts/Agreements | In October, the company secured US$342.3 million contract from the U.S. Army Corps of Engineers for dredging services. |
Competitor Comparison
| Key Parameters | Great Lakes Dredge & Dock Corp | NMDC Group PJSC | Royal Boskalis Westminster NV | DEME NV | Jan De Nul Group |
|---|---|---|---|---|---|
| Headquarters | United States of America | United Arab Emirates | Netherlands | Belgium | Luxembourg |
| City | Houston | Abu Dhabi | Papendrecht | Zwijndrecht | Luxembourg |
| State/Province | Texas | Abu Dhabi | - | Flandre Occidentale | - |
| No. of Employees | 366 | - | 8,976 | 6,000 | 6,644 |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lawrence R. Dickerson | Chairman | Executive Board | 2017 | 73 |
| Lasse J. Petterson | Chief Executive Officer; Director; President | Executive Board | 2020 | 69 |
| Scott Kornblau | Senior Vice President; Chief Financial Officer | Senior Management | 2022 | 54 |
| Ryan Bayer | Vice President; Chief Accounting Officer | Senior Management | 2023 | - |
| Trond Ellefsen | Chief Information Security Officer; Chief Technology Officer; Vice President | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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