Thursday, February 7, 2013

MCKEE SONS DRYDOCKING CANCELLED

Rand Logistics Inc., parent of Grand River Navigation, announced during a quarterly earnings conference call that the planned drydocking of tug INVINCIBLE/barge MCKEE SONS at Donjon Shipbuilding & Repair has been put off for the time being, and the duo is expected to sit out the 2013 shipping season.

Grand River Navigation is expected to continue to monitor market conditions and will do the survey if demand warrants sailing the duo in 2013. For the time being, the duo remains laid up in Erie, and it's unknown if the vessel will stay here or move to another port for the season. However, it's likely they will remain here if Donjon allows.

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