Savannah Machine And Shipyard Awarded $2.6-Million Contract
Deputy Assistant Secretary Samuel B. Nemirow, U.S. Department of Commerce, Maritime Administration, has approved in principle the application by Allied Barge, Inc., P.O. Box 717, Norfolk, Va., for a Title XI guarantee to aid in financing the reconstruction of two flat-deck barges. The two oceangoing vessels, ATC-781 (ex-Cindy F), and ATC-12000 (ex- Susan F) were purchased from Bulk Food Carriers, Inc., on September 28, 1978.
The ATC-781 will be reconstructed to carry clean petroleum products. The barge will have an overall length of 302 feet 9 inches, a molded beam of 90 feet, and a fully loaded displacement of 16 feet. The 78,100-barrel vessel will be used to carry petroleum products from Yorktown, Va., to various Northeast ports.
Reconstruction of the ATC- 12000 will enable the barge to transport liquid and dry cargoes between the East and Gulf Coasts. It will have the same dimensions as the ATC-781, but will have a capacity of 85,000 barrels, or a dry cargo capacity of 12,000 short tons.
Both barges will be bareboat chartered to Allied Towing Corporation, the applicant's parent company.
The reconstruction work will be performed by Savannah Machine and Shipyard Company, Savannah, Ga. The estimated actual cost of reconstructing the two vessels is approximately $2.6 million.