R Galena Bay News

The contract for a new double-ended ferry that will operate on the Upper Arrow Lake in British Columbia, Canada, has been awarded to Waterbridge Steel Inc. As of 2014, the new vessel is to replace two ferries built in the 1960's which are equipped with Voith Schneider Propellers (VSP). The vessels' Voith Schneider propulsion systems have proven their worth under the specific application conditions and were therefore again chosen as propulsion system for the new ferry. Since 1968…

Overseas Shipholding Group, Inc. has purchased and taken delivery of two 50,000-deadweight ton U.S. Flag product tankers from Attransco, Inc. The two double bottom vessels, the S/R Galena Bay and the S/R Puget Sound, were built in 1982 and 1983, respectively, and currently are on bareboat charter to SeaRiver Maritime, Inc., a subsidiary of ExxonMobil. "This acquisition demonstrates OSG's commitment to expand its U.S. Flag business. In light of the anticipated decline in Jones Act product tanker tonnage expected over the next few years, OSG continues to explore various options to increase its participation in this trade," said Morten Arntzen, OSG's President and Chief Executive Officer.