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Thursday, August 16, 2018

Gatx Corporation News

American Steamship Charters ATB

American Steamship Compnay charter New Articulated Tug Barge American Steamship Company (“ASC”), a subsidiary of GATX Corporation (NYSE:GMT), announced its charter of a newly constructed Articulated Tug Barge (“ATB”). David W. Foster, president of ASC, said, “We are very pleased to add this new ATB, designed to transport dry-bulk commodities, to our fleet and look forward to commencing its operation on the Great Lakes during the upcoming sailing season. This U.S.-flagged 10,700 horsepower tug and 740 foot self-unloading barge with a cargo capacity of 34,000 tons, constructed by Donjon Shipbuilding and Repair, LLC of Erie, PA, will allow ASC to more efficiently serve our customers.”

Companies Partner to Protect the Great Lakes

Photo: GATX

American Steamship Company (ASC), a subsidiary of GATX Corporation, and Chicago’s John G. Shedd Aquarium are working collaboratively in pursuit of their common goal of protecting the Great Lakes, and now they’re taking that message to communities along the shores. One of ASC’s 1,000-foot vessels, the MV Indiana Harbor, is displaying each organization’s logo along with the slogan “Working Together to Keep the Lakes Great.” The vessel travels throughout the Great Lakes region including ports in western Lake Superior, southern Lake Michigan, Detroit and Cleveland.

Oglebay Norton Sells Six Vessels

Steamship Company, a wholly-owned subsidiary of GATX Corporation. Middletown, S/S Courtney Burton, and M/V Fred R. White. progressing with its negotiations for the sale of the M/V David Z. Earl W. Oglebay to an unidentified purchaser. Great Lakes through a favorable, long-term contract of affreightment.

Maritime Reporter Magazine Cover Aug 2018 - The Shipyard Edition

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