Orion Marine Group (OMGI) Announces a Contract Award of Approximately $16 Million

May 12, 2009 8:37 AM EDT

Orion Marine Group, Inc. (Nasdaq: OMGI) announced a contract award of approximately $16 million.

Orion Marine Group's wholly owned subsidiary, Misener Marine Construction, Inc. was recently awarded a contract by a private customer to design and build a new container terminal in the Caribbean. The project consists of constructing a new 300 meter terminal, including roll on and roll off ramps, and a separate 50 meter tug berth. The dock will be supported by a steel sheet pile tie back wall and be protected by a new fendering system.

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