π Entity
Dredging
Excavation of sediment, usually under water
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- Earnings Reports (1)
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Great Lakes Dredge&Dock (1) Β· Earnings Miss (1) Β· Revenue Shortfall (1) Β· Dredging Industry (1) Β· Q1 2023 Results (1) Β· Marine Construction (1) Β· Chicago-based Company (1) Β· After-hours Trading (1)
π Key Information
Dredging is the excavation of material from a water environment. Possible reasons for dredging include improving existing water features; reshaping land and water features to alter drainage, navigability, and commercial use; constructing dams, dikes, and other controls for streams and shorelines; and recovering valuable mineral deposits or marine life having commercial value. In all but a few situations the excavation is undertaken by a specialist floating plant, known as a dredger.
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