First U.S.-Built Rock Installation Vessel Delivered into a Changed Market
A first-of-its-kind vessel, a rock installation vessel designed originally to focus on the emerging U.S. offshore wind energy industry, was delivered today, June 25, to Great Lakes Dredge & Dock Company by the Hanwha Philly Shipyard. The vessel, however, faces a different market, which has caused its owners to pivot to a new strategy. Ordered in November 2021, it was hailed for the opportunities as the first Jones-Act compliant vessel of its kind. Great Lakes Dredge & Dock ordered the...
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