Marcon Announces Sale of 175-ft. Diving and Maintenance Vessel

Tuesday, February 20, 2001
Marcon International, Inc. of Coupeville, Wash. reported that the Estates of TransCoastal Marine Services of Houston, Texas have sold the 4-point mooring vessel Sea Level 21 to Professional Divers, Inc. of New Orleans, La.

The 175- x 38-ft., ABS-classed former supply boat was originally built in 1980 by Universal Iron Works and was converted several years ago to support hydrostatic pipe testing and commissioning, jetting, diving, and coring service. Professional Divers has renamed her 4 Point Pony, and with assistance from Bollinger's Lockport shipyard, are refurbishing the vessel and expect to have her ready for service by early March.

Last year the TransCoastal divisions HBH, Inc., Woodson Construction Company and the Kori Corporation were sold to Sunland Construction, Inc., of Eunice, La. Additionally, CSI Hydrostatic Testers of Lafayette, La. was sold to Weatherford International of Houston, Texas. A total of 40 vessels and barges were included in the sale of the divisions.

Since the 1960's, TransCoastal's pipeline and marine group specialized in the installation, repair and rehabilitation of pipelines both on and offshore worldwide plus hydrostatically tested pipelines and provided construction support services through marsh and swamp environments to onshore facilities.

Major assets remaining include the 270-ft. dynamically positioned multi-service construction/bury vessel Discovery; the 350-x 60-ft. pipelay barge Vermillion Bay; the 260- x 72-ft. pipelay/bury barge BH-400; the 256- x 72-ft. bury barge Atchafalaya Bay; and a 3400-ton floating drydock.

Marcon was retained as exclusive broker by the Bankruptcy Trustee in June 2000 to assist in the disposal of the marine assets.

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Sales

Impact of Financial Crisis on Greek Shipping

Though international analysts like Morgan Stanley said that the Greek crisis will not have a direct impact on shipping companies, Greek shipping companies listed on U.

Research Vessel Concept a First for Voith

The new fisheries research vessel of the Shanghai Ocean University will be a first for Voith in several respects.   It is the first fisheries research vessel

Shipping Gloomiest Since 2009

The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according to a survey by law firm Norton Rose Fulbright, says a report in Reuters.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1521 sec (7 req/sec)