Great Lakes Dredge & Dock secures another rock installation contract

The latest contract is for cable protection on an as yet unnamed offshore windfarm. The company has already received contracts for foundation stabilization. The new contract represents a new form of utilization for its vessel, which is currently under construction.

Great Lakes will use the first Jones Act-compliant rock installation vessel, Acadia, which is being built at Philly Shipyard to execute the project.

The project scope includes procurement of rock from the company’s US supply chain, transportation to and from the project site, and installation of the rock.

Operations are expected to commence in 2025 and are expected to continue into 2026. The project remains subject to the client’s final investment decision.