New Contracts for Friede Goldman Halter
 
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New Contracts for Friede Goldman Halter

      6/13/2000

Friede Goldman Halter, Inc. (USA) announced that it has finalized contracts totaling $82 million. The contracts call for the construction of a $70 million cargo vessel and the design and construction of 22 shipboard cargo cranes. Halter Marine, the vessel construction division of Friede Goldman Halter (FGH), will build a $70 million car carrier for Pasha Hawaii Transport Lines. Another FGH subsidiary, Brissonneau & Lotz Marine (Nantes, France), will design and build a total of 22 cargo-handling cranes with a total value of approximately $12 million.

The 579-foot Pure Truck Car Carrier will transport more than 4,000 automobiles between destinations on the Pacific coast. Delivery is slated for Spring 2002 with construction taking place at Halterís Pascagoula, MS shipyard. The vessel is a proven design. A European shipyard has already delivered two with three additional vessels under construction.

The first order for cranes include 18 all-electric 45-ton cranes that will be installed on container ships under construction in China, and the second order is for four 30-ton electro-hydraulic cranes to be installed on ships under construction in Russia. BLM, which is part of the FGH Engineered Products Group, has had success in the non-energy segments with its cargo cranes and its popular line of deck machinery for the cruiseship industry.


Friede Goldman Halter, Inc  


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