Halter Marine Company News

FGH Announces Two New Contracts

Halter Marine, Inc. the vessel segment of Friede Goldman Halter, Inc. announced that it has signed a contract with an undisclosed customer to build a 332' x 74' x 25', double-skin, clean oil tank barge with an estimated 80,000 BBL capacity. This vessel meets the requirements of the Oil Pollution Act of 1990 (OPA 90). This barge is similar in design to one currently under construction at the Halter Gulfport, Miss. facility. Construction will begin at Halter's Gulfport, Miss. facility and take approximately 12 months. Although no new jobs will be created, the project is expected to sustain the facility's current workforce. In recent years, Halter has built 88 similar barges, and currently holds contracts and options for an additional 8 vessels.