M a r a t h o n M a r i n e A w a r ds Contracts For 2 Barges —Will Purchase 2 Tugs

Marathon Oil Company, Findlay, Ohio, announced recently that its newly formed subsidiary, Marathon Marine Inc., has awarded contracts to Galveston Shipbuilding Company of Galveston, Texas for the construction of two deepnotch oceangoing barges. The barges, which are scheduled for delivery in 1981 and 1982, are part of a $38-miIlion commitment by Marathon to supply bunker fuel to ships arriving at the Louisiana Offshore Oil Port (LOOP).

As part of this project, Marathon Marine will also purchase two oceangoing tugboats. Each tug/ barge unit will be equipped with the latest safety and navigational equipment and will meet U.S.

Coast Guard and LOOP specifications.

Each barge will have a capacity of approximately 20,000 metric tons (125,000 b a r r e l s ) . These barges will give Marathon Marine Inc. sufficient capacity to transport the bunker fuel requirement for tankers arriving at LOOP. The barges will also have the ability to deliver fresh water and dry stores.

Marathon Oil Company intends to market fuels ranging from marine diesel oil to high viscosity bunker fuel using components provided by Marathon's Garyville Refinery. The barge design will incorporate sophisticated onboard blending equipment for custom blending to meet individual tanker fuel requirements.

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