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Bollinger Delivers First of Four 28,000 BBL Double Hull OPA-90 Tank Barges to K-Sea. Bollinger and K-Sea Sign for Four Additional Sister Ships - Thursday, June 08, 2006

Lockport, LA., June 8, 2006 - Bollinger Marine Fabricators, LLC, (BMF) Amelia, La., a Bollinger Shipyards, Inc. company, has delivered the DBL 28, a double hull, oil tank barge built to meet the requirements of the Oil Pollution Act of 1990 (OPA’90), to K-Sea Transportation Partners L.P, Staten Island, N.Y. Following the delivery of the DBL 28, Bollinger announced the signing of four sister ships. Terms of the contract were not disclosed.

"Our BMF facility has had great success with K-Sea's barge building programs over the last several years. We recently expanded our capacity at the facility with hopes of including other types of vessels, but demand for our various classes of barges has taken up most all of the capacity.” said Chris Bollinger, executive vice president new construction of Bollinger Shipyards. "K-Sea and Bollinger have worked very closely on the development of this 28,000 BBL class of barge. The signing of the additional four units confirms K-Sea's dedication and confidence in our workforce to deliver a superior barge that will play a key role in their future.”

The 28,000 BBL capacity DBL 28 measures 297.6-feet in length, with a 54-foot beam and 13-foot depth.  The DBL 28 is the first of a series of eight units currently in production at BMF for K-Sea. DBL 28 is coupled with an existing K-Sea tug using the state-of-the-art Beacon JAK 200 tug/barge Push-Pin coupler system, which is designed to increase operating efficiency and enhance safety and reliability by operating as a dual mode ITB. The series of barges are manned, non self-propelled, double hulled with a raked shaped bow, with six cargo tanks. The barges are classed Lakes, Bays & Sound (Inland) Tank Barges, ABS +A1 Oil Tank Barge, and USCG certified. The barges are being constructed primarily for bunkering and harbor service in ports on the U.S. East Coast.

President and CEO of K-Sea, Timothy J. Casey, said, "With the delivery of the DBL 28 Bollinger has again demonstrated their ability to produce a high-quality barge that meets our precise scheduling and contract terms. This new series of barges represents the next exciting step in our barge building program and we look forward to providing our customers with state-of-the-art double hull service in both the coastwise and local markets.”

K-Sea Transportation Partners L.P. (www.k-sea.com) provides refined petroleum products marine transportation, distribution and logistics services in the northeastern United States and the Gulf of Mexico.

Bollinger Shipyards, Inc., is a leading provider of offshore oil field support vessels, OPA'90 tank barges, tugs, drilling rigs, liftboats, fast patrol boats and other steel and aluminum products from its three new construction shipyards. Bollinger has 13 shipyards and all are strategically located between New Orleans and Houston with direct access to the Gulf of Mexico, Mississippi River and Intracoastal Waterway. Bollinger is the largest vessel repair company in the Gulf of Mexico region with a total of 40 dry-docks in Louisiana and Texas.


 

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