Page 21: of Marine News Magazine (August 2020)

MN 100 Market Leaders

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Halter Marine experience and a strong track record in both the commercial and defense industry segments with several new and note- worthy projects underway. In 2019 it emerged as the victor in the race for one of the most coveted and long-awaited shipbuilding contracts in recent memory, a $746 million deal to build the U.S. Coast Guard’s lead Polar Security Cut- ter – Americas ? rst new heavy icebreaker in nearly half a cen- tury. Options for two additional PSCs could bring the total deal near the $2 billion mark. Construction on the ? rst PSC is planned to begin in 2021 with delivery planned for 2024.

Among other notable projects, Halter Marine has built and launched the QLNG 4000 and its tug, the Q-Ocean

Services, which together form an industry-? rst offshore lique? ed natural gas bunker articulated tug and barge for owner Q-LNG and under long-term contract with Shell to deliver LNG fuel for various ports in Florida and the

Caribbean. The barge is designed to carry 4,000 cubic me- ters of LNG, with dimensions of 324’ x 64’ x 32’.6”. The 5,100 horsepower is 128’ x 42’ x 21’.

Lake Assault Boats

Lake Assault Boats, part of Fraser Industries, builds alumi- num ? reboats, patrol craft and various workboats, offering a wide range of custom hull designs and con? gurations suit- able for use on inland lakes and rivers, and inter-coastal and offshore waters. Among several notable contracts in 2020,

Lake Assault Boats has been chosen to supply up to 119

Force Protection-Medium (FP-M) patrol boats to the U.S.

Navy. The ? ve-year Inde? nite Delivery Inde? nite Quantity (IDIQ) contract carries a maximum value of $56 million, and the ? rst deliveries will begin in November 2020.

In the past ? ve years, the company has invested ap-

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