GATX Subsidiary Orders Second Coal Carrier From Bay Shipbuilding

American Steamship Company, Buffalo, N.Y., a subsidiary of General American Transportation Corporation (GATX), has ordered construction of a second new Great Lakes coal carrier.

The $22-million 770-foot selfunloading motor vessel is scheduled for delivery in 1977. It will be a sister ship to a coal carrier ordered by ASC in October for delivery in April 1976. Contracts for both were awarded to Bay Shipbuilding Corporation, Sturgeon Bay, Wis., a subsidiary of the Manitowoc Company, Inc.

The freighter will have a capacity of 42,000 tons and will be able to carry between 1.8-million to 2- million tons of coal during the Great Lakes shipping season.

Twin diesel engines will move the vessel at 16 miles per hour, and a 1,000-horsepower bow thruster will provide added maneuverability.

GATX provides major financial services worldwide, including the leasing of aircraft, railcars, barges and other capital equipment; construction and real estate financing; insurance and banking; owns and operates fleets of oceangoing and Great Lakes vessels, as well as onshore terminal facilities, and manufactures heavy industrial and transportation equipment.

Maritime Reporter Magazine, page 26,  Jan 15, 1974

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.