September 3, 2004

Cianbro eyes tanker job

According to a story in the Portland Press Herald, construction company Cianbro is close to landing a job that involves two weeks of completion work on an unfinished oil tanker.

Cianbro is the company that completed two oil rigs for Pride International at its Portland, Maine, facility after the original contract with Friede Goldman Halter went wrong.

The Press Herald story quotes Cianbro President and Chief Executive Officer Peter Vigue as saying that the job now being pursued involves a 900-foot-long vessel. It would require welding, mechanical cabling and electrical wiring--enough work for as many as 100 people.

If Cianbro beats out two shipyards that are in contention, Vigue is quoted as saying, the tanker could arrive in Portland as early as this weekend and dock at the Portland Ocean Terminal, where the two rigs were completed.

"This company that we're dealing with has multiple ships and hopefully this will not be the last time that we work with them," the newspaper quotes Vigue as saying.

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