Acadian Supply Files Amended Application For Towing Vessels

Acadian Supply Ships Associates, Suite 1515, 225 Baronne Street, New Orleans, La., has filed an amended application for a Title XI guarantee to aid in financing the construction of six towing vessels. Acadian's original application, dated July 1,1976, was for two oceangoing tug/supply vessels.

The six towing vessels will be used in the coastwise trade in the support of the petroleum industry's offshore exploration and production of oil and gas fields. Each of the vessels will measure 217 feet in length and 44 feet in breadth.

Three of the vessels will be constructed in the standard towing mode, and will be capable of handling smaller semisubmersible drilling rigs, heavy construction barges, and jackup drilling rigs in the 8,000-ton range. The other three vessels will be in the heavy duty towing mode, and will be capable of handling semisubmersible rigs in the 15,000-ton range.

Halter Marine, Inc., New Orleans, La., has been designated as the shipbuilder for the six towing vessels.

The combined estimated cost of the six vessels is approximately $20.2 million. If approved, they would be eligible for guarantees of up to 87i/2 percent of the actual cost.

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