Sunday, October 25, 2009

Atlantic Marine to work on oiler

MOBILE, Ala. - A Navy oiler not used for more than a dozen years has been handed over to the Chilean government, and Mobile's Atlantic Marine will play a key role in its $30 million revitalization. Chile acquired the vessel in May under a foreign military sales agreement, where it pays the U.S. government a reactivation fee and the government handles the work. In this deal, the price tag was $29.95 million, which includes repairing or replacing equipment and training the sailors. (Source: Mobile Press-Register, 10/25/09)