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

Shipbuilding

Lamprell First Half Results Beat Expectations

Lamprell today announced its financial results for the first half of 2014, reporting results ahead of expectations due to strong operational performance and early results from savings initiatives,

HMS Prince of Wales Hull Departs for Rosyth

A huge section of hull for HMS Prince of Wales, the second Queen Elizabeth Class aircraft carrier, has today begun its delivery voyage from HM Naval Base Portsmouth

SHIPPINGInsight Extends Early-bird Registration

SHIPPINGInsight 2014 is extending the deadline for early-bird registration to Sept. 15. Attendees registering online at www.shippinginsight.com/choose-event prior to midnight Sept.

Workboats

Tugboat Capsizes Near 106th Bridge, Chicago

The Coast Guard informs it is responding to the capsize of a tug on the Calumet River near the 106th St. Bridge in Chicago, in which the two crew members were able

Van Oord Dredger Returns to Gibdock

Part of the Van Oord fleet, the 137-meter-long trailing suction hopper dredger, Lelystad, has been through an extensive program of works at Gibdock in Gibraltar.

MN 100: Crowley

9487 Regency Square Boulevard Jacksonville, FL 32225 Tel: (800) 276-9539 Email: corpcomm@crowley.com  Website: www.crowley.com Chairman & CEO: Thomas B.

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.0759 sec (13 req/sec)