Profile: Orion Marine Group Inc (ORN.N)
11.01USD
4:05pm EDT
$-1.56 (-12.41%)
$12.57
$12.68
$13.42
$10.49
126,944
46,616
$13.52
$6.06
Orion Marine Group, Inc. (Orion), incorporated on October 12, 2004, is a marine specialty contractor serving the heavy civil marine infrastructure market. The Company provides a range of marine construction services on, over and under the water along the Gulf Coast, the Atlantic Seaboard, the West Coast, Canada, and in the Caribbean Basin. Orion also provides dredging, repair and maintenance, and other specialty services. Its customers are federal, state and municipal governments, as well as private commercial and industrial enterprises.
Marine Construction Services
The marine construction services include construction of marine transportation facilities, marine pipelines, bridges and causeways, and marine environmental structures. Marine transportation facility construction projects include public port facilities for container ship loading and unloading; cruise ship port facilities; private terminals; special-use Navy terminals, recreational use marinas and docks, and other marine-based facilities. These projects consist of steel or concrete fabrication dock or mooring structures designed for durability and longevity, and involve driving piles of concrete, pipe or sheet pile to provide a foundation for the port facility that it subsequently construct on the piles. Orion also provides on-going maintenance and repair, inspection services, emergency repair, and demolition and salvage to such facilities.
The Company’s marine pipeline service projects generally include the installation and removal of underwater buried pipeline transmission lines; installation of pipeline intakes and outfalls for industrial facilities; construction of pipeline outfalls for wastewater and industrial discharges; river crossing and directional drilling; creation of hot taps and tie-ins, and inspection, maintenance and repair services. Orion’s bridge and causeway projects include the construction, repair and maintenance of types of bridges and causeways, as well as the development of fendering systems in marine environments. These projects involve fabricating steel or concrete structures. It also provides ongoing maintenance and repair, as well as emergency repair, to bridges, pile supports, and fendering systems for bridges. Marine environmental structure projects include the installation of concrete mattresses; construction of levees, and the installation of geotubes for wetlands and island creation. Such structures are used for erosion control, wetlands creation and environmental remediation.
Dredging Services
Dredging involves removing mud and silt from the channel floor by means of a mechanical backhoe, crane and bucket or cutter suction dredge and pipeline systems. Dredging is integral to capital and maintenance projects, including maintenance for previously deepened waterways and harbors to remove silt, sand and other accumulated sediments; construction of breakwaters, jetties, canals and other marine structures; deepening ship channels and wharves to accommodate larger and deeper draft ships; containing erosion of wetlands and coastal marshes; land reclamation; and beach nourishment and creation of wildlife refuges. The Company maintains multiple dredges of various sizes and specifications to meet customer needs.
Specialty Services
The Company’s specialty services include salvage, demolition, surveying, towing, diving and underwater inspection, excavation and repair. Orion’s diving services are largely performed in shallow water and include inspections, salvage and pile restoration and encapsulation. Its survey services include surveying pipelines and performing hydrographic surveys, which determine the configuration of the floors of bodies of water and detect and identify wrecks and obstructions.
Company Address
Orion Marine Group Inc
Suite 300, 12000 Aerospace Avenu
HOUSTON TX 77034
P: +1713.8526500
F: +1713.8526530
Company Web Links
| Name | Compensation |
|---|---|
Richard Daerr |
-- |
J. Michael Pearson |
1,542,250 |
Mark Stauffer |
368,453 |
Peter Buchler |
254,055 |
James Rose |
281,747 |

