Kirby Excercises ATB Option with Signal

Monday, August 08, 2011

Signal International announced the option to build the second articulated tug/barge (AT/B) vessel has been exercised by Kirby Ocean Transport Company of Houston, Texas. Signal’s state-of-the-art continuous flow manufacturing facility in Orange, Texas now has a backlog of nearly $100M.
Engineering, planning and material procurement for the first AT/B is on schedule for manufacturing work to begin in the fourth quarter of this year.  Simultaneously, fabrication of the second unit is also slated to get underway before year’s end.
The AT/B vessels are comprised of a 20,000 DWT ocean bulk barge with a 6,000 BHP AT/B ocean tug. Each barge measures 480 ft x 90 ft x 36 ft and will be outfitted with Ocean Tug & Barge Engineering’s Articouple connection. The 6,000 HP tugboat will be 125 ft x 42 ft x 22 ft built and classed to ABS Maltese Cross, +A1 Ocean Towing Service standards. The AT/B’s will transport dry-bulk commodities in United States coastwise trade.
“We will begin hiring in August, primarily in the fitter and welder trades,” said Dick Marler, Chairman and CEO of Signal International. Signal anticipates bringing on four hundred craftsmen to their Orange shipyard.  Marler added, “In terms of job creation, with this contract our employment level will peak around 500 craft personnel.”
“The building of the two Kirby AT/B’s is ideal for our Orange shipyard which has 450,000 sq. ft. of covered fabrication area, a proven CFM strategy and an experienced management team,” stated Marler, noting the contract puts Signal squarely back into shipbuilding. “With this accomplished, Signal is now bidding on a variety of ship and vessel designs offering competitive pricing and schedules.”


Contracts

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

J.F. Lehman Acquires Heavy Equipment Group of Oldenburg Group

J.F. Lehman & Company (“JFLCO”) has signed a definitive agreement with Oldenburg Group Incorporated to acquire its Heavy Equipment Group, including both its defense and mining business units.

25 Kalmar Forklifts for Algerian Port

Kalmar, part of Cargotec, has received an order for 25 forklift trucks from the Algerian port procurement company, Groupement D'Interêt Commun Des Entreprises Portuaires (GICEP).

Shipbuilding

COSCO Delivers PSV and Two Jack-up Rigs

Cosco (Dalian) Shipyard Co., Ltd., a subsidiary of its 51 percent owned Cosco Shipyard Group Co., Ltd., has delivered two jackups to the Foresight Group of companies

MN100: All American Marine, Inc.

The Company: All American Marine Inc. was founded in 1987 and specializes in the construction of custom tailored aluminum boats from 30 to 150 feet LOA. Today,

ACE Winches Bags Order from Vard

Deck machinery specialist ACE Winches said it has been awarded a spooling contract with Vard Group AS for Norway’s largest construction vessel.   The scope of work includes the spooling of two 3,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction 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: 0.0833 sec (12 req/sec)