Fincantieri Bay Shipbuilding, Sturgeon Bay, Wis., has been awarded a contract to build a new 340’x66’x32’10”, 5,400-cubic-meter tank barge for Polaris New Energy (PNG). The contract includes options to build two sister barges, The barge will be used for the coastwise transportation of liquefied natural gas (LNG).
NorthStar Midstream, a portfolio company of funds managed by Oaktree Capital Management LP, recently formed Polaris New Energy, a marine transportation company focused on the...