Eastern Shipbuilding Group Announces Contract With IWL River

Eastern Shipbuilding is pleased to announce that on, May 20, 2015, IWL River, Inc. (an affiliate of Impala Terminals Colombia) and Eastern Shipbuilding Group, Inc. (ESG) signed a contract to construct four 134 ft. ABS Classed Inland River, Triple Screw Towboats each with a Retractable Pilothouse (ESG Hulls 243-246). This inland towboat design and detailed engineering is being provided by CT Marine of Portland, Maine.

IWL River, Inc. is one of Eastern’s newest clients. These towboats will service the inland waterways of Latin America for Impala Terminals. Impala owns and operates a network of terminals that facilitate global trade flows, specializing in warehousing, multi-modal logistics and related port services for essential commodities worldwide. Impala connects its customers to the global commodities market.

This new construction inland towboat contract continues Eastern’s commitment to the inland maritime industry and long history of being a successful diversified US Shipbuilder. Looking forward, Eastern will continue to grow its facilities along with its strong workforce of men and women who are always eager for the next new construction, conversion or repair challenge.