General properties
Physical properties
About this page
Last updated
History
| Timeframe | Equipment | Manager | Review |
|---|---|---|---|
| 1981 to 2007 | Eagle 1 | Great Lakes Dredge & Dock Co | Original build |
| 2007 to 2022 | Terrapin Island |
About this equipment
Sold to Great Lakes on 2007.
During the fourth quarter of 2022, the Company will retire the hopper dredge Terrapin Island, which has a 42-year working history.
This vessel was planned for retirement upon the Galveston Island delivery, but based on her age the Company has decided to accelerate her retirement to significantly reduce its operating, labor and maintenance costs and improve productivity for the overall fleet.
Work planned for the Terrapin Island will be delayed until another hopper dredge completes its regulatory drydock at the end of December.
The retirement of the Terrapin Island will result in a non-cash write-off of approximately $8 million in the fourth quarter of 2022.
The hopper fleet renewal program will be complete in 2025 with the delivery of the sister dredger to the Galveston Island, at which time Great Lakes will have the largest and most modern hopper fleet in the US.
Laid-up from end of 2022.
Technical files and data sheets
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