This dredging project is in the New River channel which exits the Waterway/Inlet intersection to the northwest. The Channel Light 12 is part of the New River markers and not the ICW Marker #12 further south. The dredging essentially crosses the Waterway into New River.

NC ‘“ NEW RIVER – CAMP LEJEUNE – DREDGING
The Cottrell Contracting Corporation of Chesapeake, Virginia advises that the Dredge Marion will be conducting dredging operations in the New River Channel. Starting at a point approximately 1 mile from New River Inlet Channel/AIWW Intersection, New River Channel Light 12 (LLNR 29735) in an approximate half mile cut towards the inlet into the Atlantic. The submerged pipeline will be located behind the dredge and will be present along the west side of New River Inlet and run ashore on the northeastern corner of North Topsail Beach. The dredge will begin operation
on or about April 13, 2016 and will be completed by April 30, 2016. All Mariners are requested to stay clear of the dredge, pipelines, barges, derricks, buoys and operating wires about the dredge. Dredge will monitor VHF channels 13 and 16. All vessels are requested to contact the dredge prior to passing. Dredging operations will be conducted on a 24 hour, 7 day a week schedule.
Contractor, Marion & Cottrell, vessels MARION, SAXON, and BLACKHAWK will be conducting dredging operations in the vicinity of the New River and AICWW intersection to Cedar Bush Cut Channel until approximately April 30th, 2016.
Chart 11541 LNM 16/16

Click Here To Open A Chart View Window, Zoomed To the Location of New River Inlet