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Marine Log

December 19, 2007

R&R Marine to build barges for Blessey

R&R Marine Shipbuilding, Inc. confirmed today it has entered into a multi-year contract with Blessey Enterprises, Inc. of New Orleans for the construction of up to eighteen inland tank barges. Blessey currently operates a fleet of 100 inland tank barges along the Gulf Intracoastal Waterway and inland rivers of the United States.

The barges will be built at R&R's new construction facility in Port Arthur, Texas. The first barge is scheduled for delivery in July, 2008 with subsequent barges being delivered every 2 1/2 months. When completed, each barge will measure 297.5 feet long by 54 feet wide and 13 feet deep. The contract calls for the construction of both clean and black-oil barges.

According to R&R owners Ricky Martinez, Tommy Nugier and Keal Woodruff "we are very pleased to partner with Blessey for the construction of their new barges and to have the opportunity to work with Walter Blessey and his team. We enjoy our current relationship for maintenance and repair of their fleet and look forward to a long relationship for their fleet expansion."

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