Signal Awarded Contract to Build Power Barges

May 12, 2010

Signal International has been awarded $30m contract by Waller Marine Inc. of Houston, Texas. Under the contract Signal will build and support the outfitting of two 300 ft X 100 ft power barges.  Each barge will have a single GE 7FA Gas Turbine and 171 MW generator. Upon completion of the barges Waller Marine will install and operate the units in Venezuela.

The barges will be built to ABS classification at Signal’s shipyard in Orange, Texas. Signal recently concluded a three-year transformation of the Orange fabrication facility and shipyard. Nearly $40m has been invested in process improvements and continuous flow manufacturing methods. Implementation of modular construction and pre-outfitting techniques will facilitate production of the power barges with delivery slated for August 17, 2010.

Logistics News

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russia Grain Exports Plummet 63%

Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Singapore Ship Bunker Sales hit 16-month High

Unresolved Issues Plague Vietnam-US Trade Talks

Unresolved Issues Plague Vietnam-US Trade Talks

Subscribe for Maritime Logistics Professional E‑News

Middle East conflict slows bookings and increases rates
US aircraft carrier heading west from S.China Sea amid Middle East Tensions
UN Ocean Conference announces financial deals