Great Lakes Dredge & Dock (GLDD) President & CEO Lasse Petterson and SVP, US Offshore Wind Eleni Beyko - C-Suite Interview Series

channelchek podcast series

22-06-2022 • 31 mins

Recorded June 16, 2022. Noble Capital Markets Senior Research Analyst Joe Gomes sits down with Great Lakes Dredge & Dock President & CEO Lasse Petterson  and SVP, US Offshore Wind Eleni Beyko for this exclusive interview. Topics covered include:

An introduction to Great Lakes’ new offshore wind division; market size and opportunities

Why is offshore wind such an exciting opportunity for the company?

Update on the rock installation vessel currently under construction

The Jones Act – Impacts on competition in the dredging and wind divisions

What is driving growth in the dredging market?

What are Great Lakes’ biggest challenges going forward?

Research, News, and Market Data on Great Lakes: https://channelchek.com/company/GLDD

About Great Lakes

Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the United States. In addition, Great Lakes is fully engaged in expanding its core business into the rapidly developing offshore wind energy industry. The Company has a long history of performing significant international projects. The Company employs experienced civil, ocean and mechanical engineering staff in its estimating, production and project management functions. In its over 132-year history, the Company has never failed to complete a marine project. Great Lakes owns and operates the largest and most diverse fleet in the U.S. dredging industry, comprised of approximately 200 specialized vessels. Great Lakes has a disciplined training program for engineers that ensures experienced-based performance as they advance through Company operations. The Company’s Incident-and Injury-Free® (IIF®) safety management program is integrated into all aspects of the Company’s culture. The Company’s commitment to the IIF® culture promotes a work environment where employee safety is paramount.

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