Operator
Thank you, and good morning, everyone. We appreciate you joining us for the FTS International Conference Call and Webcast to review Fourth Quarter and Full Year 2020 Results. [Operator Instructions] Presenting today s prepared remarks is FTSI s Chief Executive Officer, Michael Doss.
Before we begin, I would like to remind everyone that comments made on today s call that include management s plans, intentions, beliefs, expectations, anticipations or predictions for the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause the Company s actual results to differ materially from those expressed in any forward-looking statements. These risks and uncertainties are discussed in the Company s annual report on Form 10-K and in other reports the Company files with the SEC. Except as required by law, the Company does not undertake any ob
Photo Credit: Dakota Creek Industries Inc.
The U.S. Navy’s new fleet of six 90 foot by 38 foot 3 inch YT 808-class tugs are its first built to meet the EPA Tier 4 Final diesel engine emission regulations. Each is powered by twin Cat 3512E marine engines, each rated at 1,810 horsepower. The engines drive two Schottel SRP 340 fixed-pitch Z-drive thrusters providing a top speed of 12.5 knots and an expected bollard pull of 40 metric tons.
The tugs are being built by the Dakota Creek Industries shipyard in Anacortes, Wash. The first was launched earlier this year in October after completing the last construction phase.