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VT Halter Launches Tug for Bouchard

Denise A. Bouchard (Photo: VT Halter Marine)

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), today launched the oceangoing 112-foot Articulated Tug Barge (ATB) Tug, Denise A. Bouchard. Measuring 112 feet by 35 feet by 17 feet, the 4,000hp tug is classed by ABS as A1 Towing Vessel, Dual Mode, and is equipped with an Intercon Coupler System. Construction of the vessel began in March 2013, and the keel was laid in May 2013 at VT Halter Marine’s Moss Point Marine facility in Escatawpa, Miss. Upon delivery, the ATB Tug will be paired with Barge B.No.284 and enter into Bouchard’s fleet service in New York, N.Y. “VT Halter Marine is proud to share the launch of the ocean-going ATB Tug Denise A. Bouchard with our long-standing customer, the Bouchard Family. We look forward to a continued, strong partnership for many years to come,” said Bill SKINNER, Chief Executive Officer, VT Halter Marine. vthaltermarine.com  


Awarded: $17.1m in U.S. Shipyard Grants

The U.S. Department of Transportation’s Maritime Administration today announced $17.1 million in grants to 14 small shipyards in 10 states.  The grants are part of the Assistance to Small Shipyards program. “Small shipyards are vitally important for the health of the maritime industry, and for the nation’s economy,” said Secretary of Transportation Ray LaHood.  The purpose of the grants is to make capital and infrastructure improvements that facilitate the


Friede Goldman Halter Finalizes $40 Million In New Contracts

Friede Goldman Halter, Inc. announced that it has recently finalized six new contracts with a total value of approximately $40 million. The contracts are with the following customers: · The Venezuelan government for the construction of two 153-foot LCU-type logistics support vessels. Financing for the project has been secured through the Export-Import Bank and all guarantees have been obtained. Construction for the vessels is anticipated to begin during the second quarter at the company's


VT Halter Marine To Build Two Additional OSVs

VT Halter Marine To Build Two Additional Offshore Support Vessels VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems), today announced that Hornbeck Offshore Services, Inc. (NYSE: HOS) has exercised the options for two additional Offshore Supply Vessels (OSV), valued at a total of US$89m with deliveries expected in the fourth quarter of 2014 and first quarter of 2015. VT Halter Marine announced on 18 November last year that it had secured the contract


VT Halter Delivers ATB for Bouchard

VT Halter delivered an ATB for Bouchard Transportation.

VT Halter Marine, Inc. delivered the 112-ft. ATB Offshore Tug, Evening Star, for Bouchard Transportation Co., Inc., a tug similar to others built for Bouchard in previous years by Halter Marine. Measuring 112 x 35 x 17 ft., the 4,000-hp tug is classed by ABS as A1 Towing Vessel, Dual Mode, and is equipped with an Intercon Coupler System. Construction of the vessel began in June 2011 at VT Halter Marine’s Moss Point Marine facility in Escatawpa, Miss


VT Halter Marine Delivers Ocean-Going ATB Tug

Denise A. Bouchard: Photo VT Halter Marine

VT Systems subsidiary VT Halter Marine says it has constructed and delivered the ocean-going 112-ft Articulated Tug Barge (ATB) Tug, 'Denise A. Bouchard', for Bouchard Transportation Co., Inc (Bouchard). Measuring 112 feet by 35 feet by 17 feet, the 4,000hp tug is classed by ABS as A1 Towing Vessel, Dual Mode, and is equipped with an Intercon Coupler System. Construction of the vessel began in March 2013 and the tug was launched in February 2014


Bollinger to Acquire Halter Marine

In what amounts to what would be an amazing turn of fortune over a number of years, Bollinger Shipyards, Inc., Lockport, La., has signed a contract, pursuant to approval of the U.S. Bankruptcy Court, to acquire the assets and operations of Halter Marine from Friede Goldman Halter, Inc. Bollinger Shipyards has always been regarded as a well-run builder of quality vessels for the U.S. and foreign markets. However, less than a decade ago


Supply Boats Auctioned off

On a gray Wednesday morning, five supply and anchor handling tug supply boats were auctioned off on the U.S. Federal Courthouse steps in Lafayette, Louisiana. About 26 people attended the auction with ten registered bidders signing in and showing proof of deposit. At 10:00 o’clock a.m. after the Clerk of the Court read the court orders and terms and conditions of the sale, individual bidding started on the 180’ x 40’, 2700HP “Seacor Osprey” at $5,000


Bouchard Christens ATB

Photo: Bouchard Transportation Co.

Oceangoing petroleum barge company Bouchard Transportation Co. celebrated the christening of two new vessels, M/V Kim M. Bouchard and B. No. 270, in New Orleans. The B. No. 270 was launched at VT Halter Shipyard Operations in Pascagoula, Miss., earlier this year, and the tug Kim M. Bouchard was launched at the Moss Point Marine facility in Escatawpa, Mississippi. It is named after the older sister of Morton S. Bouchard III, President/CEO of Bouchard Transportation


VT Halter Launches Tug for Bouchard

Frederick E Bouchard launch Photo Courtesy VT Halter Marine

VT Halter Marine, Inc. (VT Halter Marine), a company of Vision Technologies Systems, Inc. (VT Systems), announces the launch of the M/V Frederick E. Bouchard, at its Moss Point Marine Shipyard Facility in Escatawpa, Mississippi on Thursday, March 31, 2016. M/V Frederick E. Bouchard is the second of two 6,000hp Twin Screw Articulated (ATB) tugs constructed for Bouchard Transportation Co. Inc. (Bouchard Transportation) under a two-vessel contract awarded to VT Halter Marine in August 2014.


Baltic Index Down For Sixth Straight Session

© Hellen Sergeyeva / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the sixth consecutive session on Tuesday on lower rates for larger vessel segments. The overall index, which factors in rates for capesize, panamax


Baltic Index Down on Weaker Rates

File Image: CREDIT FedNav

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday on weaker rates for panamaxes and smaller vessels, even as rates for capesizes rose.   The overall index, which factors in rates for capesize, panamax


Baltic Index Down for Eighth Straight Session

File Image (CREDIT: AdobeStock / (c) Lukasz Z)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for an eight straight session on Thursday as rates for panamaxes and smaller vessels slipped, even as capesize rates strengthened.  


Lower Rates for Bigger Vessels Drag Baltic Index Down

© Volodymyr Kyrylyuk / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the ninth consecutive session on Friday, weighed down by lower rates for larger vessel segments. The overall index — which factors in rates for capesize, panamax


Baltic Index Gains on Firmer Panamax Rates

© Eugene Sergeev / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose marginally on Monday supported by stronger rates for panamax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Strengthens on Broad Support

file Image (CREDIT: FedNav)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday on stronger rates across all vessel segments.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 31 points


Navios Selects Preferred Scrubber Supplier

 Navios Selects DuPont as Preferred Scrubber Supplier   Navios ShipManagement Inc., a member of Navios Group, has issued a letter of intent endorsing DuPont Clean Technologies as the preferred supplier of exhaust gas cleaning systems (EGCS) for its vessels


Baltic Index Rises as Panamax Rates Hits High

© fresh_water / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday as panamax rates surged to their highest in over three years and capesize activity firmed up. The overall index, which factors in rates for capesize, panamax


Smaller Bulkers Buoy Baltic Index

File Image: a smaller, modern bulk vessel underway (CREDIT: FedNav)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday, supported by stronger rates for smaller vessel segments even as capesize rates weakened.   The overall index, which factors in rates for capesize, panamax


Weaker Capesize Rates Weigh on Baltic Index

File Image (CREDIT: AdobeStock / (c) Lidian Neeleman)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday on weaker rates for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down two points, or 0


Baltic Index Down as Capesize Rates Sag

File Image (CREDIT: AdobeStock / (c) lidian neeleman)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday on weaker rates for larger vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 16 points, or 1


ABS CTO Weighs in on Smart Shipping

Howard Fireman (Photo: ABS)

ABS Chief Technology Officer and University of Michigan alumnus Howard Fireman addressed students, professors and guests at the university’s 2017 Naval Architecture and Marine Engineering Department’s Captain Ralph R. and Florence Peachman Lecture to share his vision of the future of


Falling Capesize Rates Weigh on Baltic Index

File Image (CREDIT: AdobeStock / (c) Lukasz Z)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday on sliding rates for capesize vessels, weighed further by weaker panamax demand.   The overall index, which factors in rates for capesize, panamax


Baltic Index Falls to Weakest Since Mid-December

© norinut / Adobe Stock

The Baltic Exchange's main sea freight index marked its biggest percentage decline since mid-December on Friday as rates for larger vessels dipped due to limited activity. The Baltic index, which tracks rates for ships carrying dry bulk commodities, was down 3.86 percent.


Baltic Index Down on Weaker Capesize Rates

File Image (CREDIT: AdobeStock) / (c) n neeleman)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday on weaker rates for large vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 25 points, or 2






 
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