Halter launches barge
Halter Marine has launched the Capella,an 80,000-barrel tank barge for J&L, Inc. The barge, the first project Halter has undertaken for J&L, was built at Halter's Gulfport (Ms.) yard. Delivery is planned for August 30.
The facility, technical, managerial and manpower assets of Halter Marine are in the process of being transferred to VT Kinetics, a subsidiary of Singapore Technologies Engineering. After the closing, which is expected to take place no later than the end of August 2002, the company will become VT Halter Marine, Inc.