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

Ship Sales

ASL Bags New Shipbuilding Contract

Singapore’s ASL Marine Holdings Ltd said that its wholly-owned subsidiary, ASL Shipyard Pte Ltd  has clinched shipbuilding contracts worth approximately SGD140m

Clipper to Take Delivery of 2 Ultramax Newbuilds

Clipper Group announced it will take delivery of two SDARI64 newbuilding bulk carriers during the coming months from Sainty Shipbuilding in Yangzhou, China. The vessels,

Japan Woos Australia in bid for Sub Deal

Japanese delegation tries to make case for submarine contract. Japan's effort to charm Australian politicians and the public over its bid for a A$50 billion ($35.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Ship Simulators Sonar 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: 0.2101 sec (5 req/sec)