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Gunderson Signs Duo Barge Contract

Maritime Activity Reports, Inc.

November 11, 1999

Gunderson, Inc. a subsidiary of The Greenbrier Companies has received two new barge orders to be built at the company's Portland, Ore. facility for a 2000 delivery. The larger of the two hulls, a giant ocean-going barge is being constructed for Alaska Railbelt Marine, a subsidiary of Lynden Inc. The largest vessel to be built by Gunderson in two decades, it will combine a railcar and deck cargo barge measuring 400 x 100 x 24 ft. (121.9 x 30.4 x 7.3 m) with a deck load capacity of 3,350 lbs. per sq. ft. The barge will be utilized in dredging service along the Pacific Coast from California to Alaska.

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