OSG Orders New Jones Act Tank Barge at Gunderson Marine
U.S.-flag vessel firm Overseas Shipholding Group revealed Tuesday it has actually authorized a shipbuilding agreement Gunderson Marine for the building and construction of one 204,000 barrel ability oil and also chemical storage tank barge.
The barge will certainly be built at Gunderson’s Portland, Oregon structure centers and also will certainly be constructed to abide by MARPOL Annex VI Regulation 13 Tier III criteria concerning nitrogen oxide discharges within exhaust control locations.
The modern 581′ storage tank barge will certainly be amongst the biggest ever before constructed by Gunderson Marine, with beginnings on the Willamette River in Portland dating to 1919.
Delivery of the barge is prepared for throughout the 2nd quarter of 2020.
Following shipment, OSG means to signed up the vessel under the united state Flag with a coastwise recommendation, enabling it to be used in Jones Act professions.
The barge will certainly be built to couple with existing pulls within OSG’s existing fleet for procedure as a verbalized pull barge or ATB device. The arrangement with Gunderson Marine likewise gives OSG with an alternative to build a 2nd sis barge which would certainly have a set up shipment day throughout the fourth quarter of 2020.
“The Gunderson Marine contract for construction of a new barge is an exciting development for OSG,” stated Sam Norton, OSG’s President and also chief executive officer. “This transaction represents the first significant new capital investment into our Jones Act businesses in nearly a decade and is an affirmation of our commitment to operate ATBs, as well as tankers, within this market. Following on from the two tanker contracts announced earlier this month, this additional newbuild initiative underscores our leading presence in the U.S. Flag petroleum transportation sector. We look forward to the contribution that this effort will make to our long-term success.”