Totem Enters Into Agreement With NASSCO

Monday, December 06, 1999
Totem Ocean Trailer Express (TOTE) of Anchorage, Alaska, has come to an agreement with National Steel and Shipbuilding Company (NASSCO) for the construction of two RoRo vessels for its Alaska service. Measuring 839 ft. (255.7 m), the vessels are scheduled for delivery during late 2002. According to Robert P. Magee, TOTE's president and CEO, "This $300 million private investment will further commitment to Alaskans well into the next century by enhancing Alaskan job opportunities on our vessels and shoreside." "These ships, which carry more than 50 percent more cargo than our present ships, are designed specifically to endure the harsh conditions of the Alaska trade," Magee added. The new vessels will be the same size as TOTE's existing three ships, "while remaining extra capacity to fulfill any surge cargo needs and allow for seamless service during dry docks," Magee furthered.

Maritime Today


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

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

People & Company News

NORDEN’s Dry Cargo Head Bonderup Resigns

Ejner Bonderup, Executive Vice President and member of the Executive Management in Dampskibsselskabet NORDEN A/S, has resigned from his position to take up a position in another shipping company.

Baltic Index Up for Eighth Straight Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, continued its rise on Friday, for an eighth consecutive session,

Asia Tankers-VLCC Rates Expected to Soften

MidEast rates slip from two-week high on June 28; raft of new ships and repaired vessels weigh on rates. Freight rates for very large crude carriers (VLCCs)

Contracts

Swiftships to Procure Patrol Craft Kits for Egyptian Navy

Naval Sea Systems Command (NAVSEA) awards contract to Swiftships for four 28-meter KITs for the Egyptian Navy   On June 28, 2016 Louisiana-based Swiftships, LLC,

Ingalls to Build US Warship LH8

Huntington Ingalls Industries (HII) announced that its Ingalls Shipbuilding division has been selected to build the U.S. Navy’s next large-deck amphibious assault warship, LHA 8.

Asia Tankers-VLCC Rates Expected to Soften

MidEast rates slip from two-week high on June 28; raft of new ships and repaired vessels weigh on rates. Freight rates for very large crude carriers (VLCCs)

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators 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: 0.0820 sec (12 req/sec)