American Steamship Compnay charter New Articulated Tug Barge
American Steamship Company (“ASC”), a subsidiary of GATX Corporation (NYSE:GMT), announced its charter of a newly constructed Articulated Tug Barge (“ATB”). David W. Foster, president of ASC, said, “We are very pleased to add this new ATB, designed to transport dry-bulk commodities, to our fleet and look forward to commencing its operation on the Great Lakes during the upcoming sailing season. This U.S.-flagged 10,700 horsepower tug and 740 foot self-unloading barge with a cargo capacity of 34,000 tons, constructed by Donjon Shipbuilding and Repair, LLC of Erie, PA, will allow ASC to more efficiently serve our customers.”