Trinity Wins $120-Million Contract For Two Vessels
President Clinton announces contract award; Title XI financing plan helps secure order A direct beneficiary of the Title XI financing guarantees was Trinity Marine Group (TMG), a subsidiary of Trinity Industries, Inc., which includes 15 shipyards.
The company has been selected to build two, 720-ft.(219.5-m) catamaran RoRo barges for approximately $ 120 million for Coastal Ship Inc. of New York, N.Y.
It is the second largest single commercial contract in the history of TMG.
The barges, expected to take 30 months to build, will each have a capacity to carry up to 1,068, 48-ft. (14.6-m) over-the-road trailers. The barges will be operated under charter by Allen Freight Trailer Bridge Inc. between the mainland U.S. and Puerto Rico.
"We are doubly pleased to win this contract because it will provide work for many employees in four of our shipyards for 2.5 years, and we are happy because Trinity was selected in an intense competition..." said John Dane III, president of TMG.
Both barges will have a 59-ft. (18- m) molded beam for each catamaran hull. Overall beam of the entire barge with the two hulls joined together will be 194.5 ft. (59.3-m).
Design draft will be 27 ft. (8.2 m) and each barge will displace 50,225 long tons.
Designed by C.R. Cushing & Co., Inc. of New York, they will have five level decks for accommodating 102, 220, 242, 252 and 252 trailers in 18 curbed lanes per deck, set on Pullman type stands also built by a Trinity division.
The barges are designed for unstaffed operations and have many features to achieve the maximum extended drydocking intervals permitted by regulatory bodies.
They will be built to the requirements and recommendations of ABS for unrestricted ocean service and will be classed Maltese Cross, Circle E, Maltese Cross AMS Deck Barge. For more information on Trinity Marine Group