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WorkBoat Composite Index
| 题名： | WorkBoat Composite Index |
| 正文语种： | eng |
| 作者： | David Krapf |
| 摘要： | The WorkBoat Composite Index lost over 200 points in May, or 6.7%. For the month, losers topped winners by a 7-1 ratio. Great Lakes Dredge & Dock Corp. was among the winners, gaining over 10% in May. The company reported improved results in the first quarter of 2023. "It is positive that we have seen overall improvements in results in the first quarter and that bidding for large projects has started to pick up in first and second quarter," Lasse Petterson, president and CEO, told analysts during the company's first-quarter earnings call with analysts. "As we adjust to the current market condition, we remain optimistic in the long-term outlook for the dredging market and our ongoing fleet renewal program is part of our strategy to continue to be the U.S. industry leader in our selected market segments. After decommissioning several, our oldest dredges in 2017, we have invested in productivity upgrades on our best performing vessels and our new hopper dredge, the Galveston Island, is on budget and is expected to be operational in the third quarter. And her sistership, the Amelia Island, is expected to be delivered in 2025." |
| 出版年： | 2023 |
| 期刊名称： | Work Boat |
| 卷： | 80 |
| 期： | 7 |
| 页码： | 10-10 |
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