January 4, 1982 - Maritime Reporter and Engineering News

Peterson Builders Awarded $70-Million Contract For Two ARS-50 Vessels

Ellsworth L. Peterson, president of Peterson Builders, Inc.

(PBI) of Sturgeon Bay, Wi., recently reported two more ARSclass, heavy-duty rescue/salvage vessel contracts valued at $70 million have been awarded to PBI by the U.S. Navy.

This brings the total to three of the 255-foot steel ships PBI is designing and building for the Navy, with options for a fourth and fifth vessel in this series.

(See Oct. 1, 1981 MR/EN for profile & specs of ARS-50) In addition to the increased backlog the second and third contracted ARS vessels have given PBI, the company is completing work on several complex projects scheduled for summer '82 delivery.

These include four 190-foot high-speed aluminum PGG gunboats for the Navy and two steel 225-foot, 1,200-ton-capacity tuna superseiners for the commercial fishing industry.

Also underway is a designreview contract with the Naval Sea Systems Command to assist in the development of a new class of large, wooden mine countermeasure vessels. PBI claims to be the only U.S. shipyard capable of building nonmagnetic wooden minesweepers, having built more than 40 of them in the past.

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