Signal Awarded Contract to Build Power Barges

MOBILE, AL – 10 MAY 2022 - Signal International announced today that it has been awarded $30M contract by Waller Marine Inc. of Houston, Texas. Under the contract Signal will build and support the outfitting of two 300 ft X 100 ft power barges. Each barge will have a single GE 7FA Gas Turbine and 171 MW generator. Upon completion of the barges Waller Marine will install and operate the units in Venezuela.

The barges will be built to ABS classification at Signal’s shipyard in Orange, Texas. Signal recently concluded a three-year transformation of the Orange fabrication facility and shipyard. Nearly $40M has been invested in process improvements and continuous flow manufacturing methods. Implementation of modular construction and pre-outfitting techniques will facilitate production of the power barges with delivery slated for August 17, 2010.

Dick Marler, Signal’s president and chief executive officer commented, “We are pleased to be working with Waller Marine on this significant power barge project. Our investment in Signal’s Orange facility to restore its capability as a shipyard is paying off.”

Marler also observed that, “Signal’s quality and safety are unparalleled in the US Marine and heavy fabrication industry. The improvements we have made at Orange will be enhanced by a new side launch capability this year. We are entering the shipbuilding market with all of the resources necessary to be competitive with regard to cost and schedule for a variety of ship and vessel designs.”


 

About Signal International:

Signal International, Inc., is an integrated company providing global services to the offshore, marine and naval industries. As a leading supplier of marine and fabrication services, the core business is overhaul, repair, and upgrade of offshore drilling rigs, ships and vessels. The company utilizes world-class continuous flow manufacturing processes for new construction of heavy-duty ocean deck barges and heavy fabrication services. Recognized as one of the “Best Large Shipyards” for excellence in safety, Signal is known for quality workmanship, on time and on budget. Headquartered in Mobile, Alabama, Signal currently employs over 700 workers in its five production facilities in Alabama, Mississippi and Texas.

For more information, contact:
Joe Roche
+1-281-899-2121
jroche@signalint.com