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AAPA “Developing a comprehensive strategy for coastal navigation funding is a no-brainer.” – Jen Armstrong, Director of Navigation

Policy and Legislation, AAPA provider of dredging services in the U.S. In May, GLDD reported its 2023 ? rst quarter ? nancial results. GLDD’s public ? ling provides insights into the industry’s challenges.

While most of its vessels were working, the total mix of projects for GLDD was less pro? table than in the ? rst quar- ter of 2022. Weather delayed projects in the Northeast.

GLDD’s total ? rst quarter 2023 bid market is over $300 million, about $125 million higher than a year earlier. Port deepening and widening projects, delayed in 2022, are now restarting.

Big projects are on the horizon, e.g., the $160 million

Freeport Capital Port Deepening project. GLDD is keep- ing an eye on liqui? ed natural gas projects that will require dredging likely in the second half of 2023. GLDD notes

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