VT Halter Marine Wins Ferry Contract

Thursday, May 15, 2003
VT Halter Marine Inc., a subsidiary of Vision Technologies Systems Inc., announced today that it was selected by the Puerto Rico Port Authority (PRPA) to design and build a $2.8 million sea-going passenger ferry. The 95-ft., all-aluminum vessel, with a 24-ft. beam, and five foot, six-inch draft will be U.S. Coast Guard classed sub-chapter “K” and U.S. flagged. The U.S. Department of Transportation Federal Transit Administration will provide financial aid to the Puerto Rico Highway and Transportation Authority. Construction will take place at VT Halter Marine’s Pascagoula Operation located in Pascagoula, Mississippi. Delivery of the ferry is expected to be in the second quarter of 2004. The inter-island transportation ferry will operate and service the Fajardo-Vieques-Culebra Ferry Line. VT Halter Marine's CEO, Boyd E. (Butch) King said, “We are pleased that the Puerto Rico Port Authority has selected VT Halter Marine for this project and believe that it will prove to be a mutually beneficial partnership. VT Halter Marine is particularly qualified to design and build this type of shallow draft, sea-going vessel. This project is in line with our strategy of pursuing multi-market sectors that accommodate our plans to “grow” the business. ” Gen. (Ret.) John G. Coburn, Chairman and CEO of Virginia-based Vision Technologies Systems said, “This ferry construction is another example of our workforce’s ability to fulfill the design and technological requirements of our customers. This project is indicative of VT Halter Marine’s success in maintaining its reputation in the commercial and defense industries as a premier ship builder."
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

Environmental

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Years After BP U.S.Oil Spill: Compensation Battle Rages

Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.

When Will Deep Sea Mining Commence? The Robot is Ready

The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Port Authority Salvage Ship Electronics Ship Simulators Sonar
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: 0.1451 sec (7 req/sec)