Dick Wells News

Atlantic Marine, Inc. has received a contract for a second state-of-the-art articulated tug and barge (ATB) vessel to be built at its Alabama Shipyard facility in Mobile, according to Dick Wells, President. This will be the second ATB to be supplied to Reinauer Transportation Companies headquartered in Staten Island, New York. "We were awarded this contract to build a second ATB for the Reinauer Transportation Companies for three reasons. First, the performance of the first ATB has been excellent, fully meeting the requirements of Reinauer's customers. Second, Alabama Shipyard has worked hard to support the first ATB to ensure that Reinauer is a fully satisfied customer.

Atlantic Marine, Inc. has signed a contract with Hornbeck Offshore Services, Inc. of Mandeville, Louisiana to build two (2) large, high capacity, Offshore Supply Vessels (OSVs) to serve the deepwater offshore oil industry in the Gulf of Mexico and worldwide. These two vessels will be built at Atlantic's Alabama Shipyard Division in Mobile, Alabama. Both vessels are scheduled for delivery in the first quarter of 2002. The contract includes options for two additional vessels. The vessels are state-of-the-art OSVs, each equipped with dynamic positioning capability. The vessels will be U.S. flagged and ABS Classed with dual U.S. Coast Guard certificates for both subchapter I and L. The vessels are 260 ft.

Alabama Shipyard has signed a contract to build an articulated tug and barge (ATB) vessel for Allied Transportation Company of Norfolk, Va. Both vessels will be designed and built to ABS classification standards. "This is our third major contract award during the last four months of 2000," said Dick Wells, the yard's president. "The total value of these contracts is greater than $65 million. Alabama Shipyard designed the 129,000-barrel, 450-ft. (137.1 m) barge in compliance with the Oil Pollution Act of 1990 ("OPA 90"), which requires vessels to have a "double-hull" in order to provide greater safeguards to the marine environment. OPA 90 requires most large coastal barges operating in the petroleum and chemical trade to have double hulls by 2005. Measuring 124 ft.

Atlantic Marine, Inc. signed a contract with Hornbeck Offshore Services, Inc. of Mandeville, La., to build two large, high capacity, Offshore Supply Vessels (OSVs) to serve the deepwater offshore oil industry in the Gulf of Mexico and worldwide. These two vessels will be built at Atlantic's Alabama Shipyard Division in Mobile, Ala. Both vessels are scheduled for delivery in the first quarter of 2002. The contract includes options for two additional vessels. The vessels are state-of-the-art OSVs, each equipped with dynamic positioning capability. The vessels will be U.S. flagged and ABS Classed with dual U.S. Coast Guard certificates for both subchapter I and L. The vessels are 260 ft.

Alabama Shipyard has signed a contract to build an articulated tug and barge (ATB) vessel for Allied Transportation Company of Norfolk, Va. Both vessels will be designed and built to ABS classification standards. "This is our third major contract award during the last four months of 2000," said Dick Wells, the yard's president. "The total value of these contracts is greater than $65 million. Alabama Shipyard designed the 129,000-barrel, 450-ft. (137.1 m) barge in compliance with the Oil Pollution Act of 1990 ("OPA 90"), which requires vessels to have a "double-hull" in order to provide greater safeguards to the marine environment. OPA 90 requires most large coastal barges operating in the petroleum and chemical trade to have double hulls by 2005. Measuring 124 ft.

Alabama Shipyard has signed a contract to build an articulated tug and barge (ATB) vessel for Allied Transportation Company of Norfolk, Va. "This is our third major contract award during the last four months of 2000," noted Alabama Shipyard president Dick Wells. "We have several pending contracts that will help us create a stable workforce here in Mobile," Wells stated. Alabama Shipyard designed the 129,000-bbl, 450-ft. barge in compliance with the OPA 90, which requires vessels to have a double-hull in order to provide greater safeguards to the marine environment. OPA 90 requires most large coastal barges operating in the petroleum and chemical trade to have double hulls by 2005.