Three ex-TransCoastal Divisions Sold To Sunland Construction

Wednesday, November 22, 2000
HBH, Inc., Woodson Construction Company and the Kori Corporation were recently sold to Sunland Construction, Inc., of Eunice, LA. The three Louisiana based divisions were involved in transitional zone pipe lay and construction work, with the Kori Corp. being the manufacturing arm building undercarriages and assembling marsh buggies for their worldwide market. The sale included all of the division's assets except real property at the Delcambre, and Lafayette facilities. Also excluded from the sale is the 1995 built 260 x 72-ft. pipelay / bury barge "BH-400", which remains available for sale. Sunland Construction, Inc. is a pipeline construction company serving the needs of major oil and gas companies throughout the Southeast, Central and Rocky Mountain regions of the United States. Incorporated in Louisiana in 1974, it has grown into one of the largest pipeline contractors in the U.S. employing an average of 500 people with a peak workforce of over 1,200 employees. By acquisition of the three ex-TransCoastal divisions, Sunland will expand their pipelay capability to include work in marsh, swamp and coastal inshore areas. Excess of 40 items of floating equipment were included in the sale including lay, spud, jetting and crane barges, small tugs, crewboats, skiffs, marsh buggies, and work

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Great Lakes Inks M.E., N.C. Coastal Protection Project Deals

Great Lakes Announces $55 Million in Subcontract Work in the Middle East and Award of $38 Million for a Domestic Coastal Protection Project Great Lakes Dredge

Olympic Subsea Vessel Bags Contract

Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client  to work on a renewable energy project.

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Port Authority Salvage Shipbuilding / Vessel Construction 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: 0.1032 sec (10 req/sec)