TransCoastal Signs Contracts Totaling $22M
August 18, 1999
TransCoastal Marine Services Inc. has signed contracts with a subsidiary of Penn Maritime Inc. for the modification and double-hull conversion of two barges. The work on the two barges will be carried out by TransCoastal's Fabrication and Offshore Group for more than $22 million.
The project will begin in July and will extend into the fourth quarter of 2000.
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