Bouchard Opts for Articulated Tug Barge

Press Release
Friday, March 22, 2013

ST Engineering’s U.S. shipyard, VT Halter Marine, Inc. (VT Halter Marine) announced that Bouchard Transportation Co., Inc. (Bouchard) has exercised its option for an additional Articulated Tug Barge (ATB) unit that was announced on February 15, 2013. The value of this ATB unit is in the region of $100 million.

Both barges will measure 625 x 91 x 47 feet and each will have a 250,000-barrel capacity. They will be used to transport liquid petroleum. The barges will be American Bureau of Shipping (ABS) and United States Coast Guard (USCG) certified for Jones Act service. The 10,000hp twin screw ATB tug, classed by ABS as XA1 Towing Vessel, Dual Mode, USCG Sub-chapter M, will be equipped with an Interconnected Coupler System.

The construction of the first barge will begin in April 2013 at VT Halter Marine’s Pascagoula facility, with delivery scheduled in mid 2015. Construction of the second barge will begin in 4Q2013 with delivery scheduled in 1Q2016.

This contract is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.

www.stengg.com

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Navios Announces VLCC Delivery

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has announced that the Nave Electron, a 2002-built VLCC of 305,178 dwt, was delivered

VIDEO: HMS Queen Elizabeth Floats Out

A timelapse video of HMS Queen Elizabeth floating out of her dock for the first time is now available at http://www.youtube.com/watch?v=P0ZjQz9vEKw. The float out of the 65,

GE, LR Study Gas Turbines for Commercial Ships

GE Marine and Lloyd’s Register Sign Memorandum of Understanding to Collaborate on Applying Gas Turbines to Power Commercial Ships GE Marine and Lloyd’s Register

Workboats

Bouchard Hire Brian Hall as Southern Port Captain

Tugboat and barge owners Bouchard Transportation says that retired active duty U.S. Coast Guard Commanding Officer Brian Hall has joined the company as Southern Port Captain / Vetting Manager.

Third RAmparts 2500 Tug for SMIT-Rebras

Keppel Singmarine BrasilLtda. (KSMB), of Navegantes, Brazil has recently completed the construction of the SMIT Panará, the third of a series of six Robert Allan Ltd.

Smit Lamnalco Aids Transfer of Largest HVDC Platform

Five vessels of Smit Lamnalco, the global marine service provider, played the key role in the unberthing and float-over of the world's largest high voltage direct current (HVDC) platform,

Barges

Bouchard Hire Brian Hall as Southern Port Captain

Tugboat and barge owners Bouchard Transportation says that retired active duty U.S. Coast Guard Commanding Officer Brian Hall has joined the company as Southern Port Captain / Vetting Manager.

Pier Damaged at Port Canaveral

Undergoing Repairs While Coast Guard Investigates   The U.S. Coast Guard is investigating a weekend incident that caused pier damage and scattered concrete debris in the harbor on Sunday.

Greenbrier Condoles the Passing of Emeritus Board Member Atiyeh

The Greenbrier Companies, Inc. says it joins all of Oregon in expressing its condolences to the family of Victor G. (“Vic”) Atiyeh, former Governor and past member of Greenbrier’s board of directors.

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1588 sec (6 req/sec)