Norshipco To Complete O c e a n Barge For CCT

The U.S. Maritime Administration and Seatrain Shipbuilding Corporation have arranged for Norfolk Shipbuilding and Drydock Corporation, Norfolk, Va., to complete the barge portion of an oceangoing tug-barge unit that is scheduled to be placed in service this fall by Coordinated Caribbean Transport, Inc. (CCT), a subsidiary of Transway International Corporation.

Total cost to CCT, payable on delivery, is $11,882,000. CCT plans to place the tug-barge unit in service between Miami, Fla., and Ecuador, operating under the U.S.

flag.

Seatrain had been building two of the tug-barge units under construction differential subsidy from MarAd when the shipyard ceased shipbuilding activities in May 1979. By that time, CCT had taken delivery of both tugs from Marinette Marine Corporation, which built them under subcontract from Seatrain.

As part of the arrangement, CCT sold one of the tugs to Seatrain at cost, and was relieved of its obligation to take delivery of the other barge.

The barge being completed by Norshipco will have four cargo decks for roll-on/roll-off service, and be capable of carrying 166 wheeled highway trailers and 120 automobiles.

Maritime Reporter Magazine, page 24,  May 1980

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Maritime Reporter

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