Capital Access Group (CAG) says that its $10.4 Million 504 Loan has enabled the acquisition of a powerful, 85-ton tractor tugboat for San Francisco Bay – Baydelta Maritime's 'Delta Audrey'. Capital Access Group is a commercial real estate lender specializing in U.S. Small Business Administration 504 financing for growing businesses. CAG explain that the Delta Audrey features the most modern design, engines, and equipment to increase safety, reduce fuel consumption and carbon emissions, and provide increased capability to stop or redirect a tanker in shorter distances. “Our customers, the ship owners, continually demand more powerful tugs that can stop or redirect a tanker in a shorter distance, so we’ve been revamping our fleet since 2007 to build this class of tug—the most powerful on the West Coast for the work we’re doing,” said Shawn Bennett, General Manager, Baydelta Maritime. “The whole purpose is to increase safety by improving our ability to maneuver in case of an emergency, which is exactly what this tug is designed to do.” “The SBA 504 loan program is a great fit for Baydelta Maritime,” said Jacklyn Jordan, President and CEO of Capital Access Group. “The 504 program provides access to low down payment, fixed-rate, long-term financing, which freed up capital for Baydelta to use for other purposes
Hercules Offshore, Inc. has appointed Larry Francois as Chief Executive Officer and President of Delta Towing effective August 20. Delta Towing, a subsidiary of Hercules Offshore, operates a fleet of 96 marine vessels, including 42 inland tugs, 18 offshore tugs and 36 crew boats, as well as 60 barges, including 30 deck barges, 17 shale barges, four spud barges and one offshore barge in the Gulf of Mexico. Larry has over 30 years of industry experience, most recently serving as Sr
Intermarine of Savannah, Ga., has joined the number of yacht builders who are taking advantage of the new corporate alliance program offered by Delta "T" Systems of Jupiter, Fla. As an alliance member, Intermarine will receive quicker, easier and more cost-efficient access to Delta "T" Systems' engine room ventilation products. The company's products manage airflow through the engine room to optimize engine performance and service life
The National Historic Landmark Delta Queen will be inducted into the National Maritime Hall of Fame at a January 24 ceremony at the U.S. Merchant Marine Academy in Kings Point, N.Y. A national committee of museum directors and maritime historians selected the Delta Queen for this honor. The legendary Delta Queen -- an American treasure since 1927 and the last operational steam paddlewheeler that has overnight accommodations -- is the only National Maritime Hall of Fame boat still plying
The Coast Guard rescued four people from a liferaft after their tugboat sank. The Coast Guard received a distress called from the tug Delta Captain at 2:55 p.m. Saturday and immediately launched rescue crews; a 47-foot Motor Life Boat from Coast Guard Station Monterey, the Coast Guard Cutter Sockeye — an 87-foot Coastal Patrol Boat homeported in Bodega Bay — and an HH-65 Dolphin rescue helicopter from Coast Guard Air Station San Francisco.
Victaulic introduces the Style DLY Delta-Y assembly, a combination of preassembled Victaulic cast grooved fittings, rigid couplings and butterfly valves. The Delta-Y assembly is designed specifically for bulk cement/barite systems on offshore oil platforms and is also ideal for drilling mud and other associated systems. The Delta-Y assembly offers quick and simple installation, space and weight savings, efficient operation and reduced maintenance downtime.
While consolidations and closures continue to reshape the ship and boatbuilding industry worldwide, 1999 ended on some positive notes, particularly for ship and boat building companies in the United States. U.S. builders, who have watched U.S. Navy business dwindle for more than a decade, have – with the help of the U.S. Maritime Administration – invested hundreds of millions of dollars and an endless amount of effort to restructure their shipyard’s structures, machinery and work flows
The Delta Queen Steamboat Company (a Delaware North Company) will celebrate the return of the American Queen in 2007 with several advance purchase offers. All three boats will steam from their home port in New Orleans, beginning their season in the Spring of 2007. Following her charters to energy companies in support of disaster relief efforts in the Gulf Coast area and an extended lay-up, the grand American Queen, will join the National Historic Landmark Delta Queen, and
Samson, provider of performance cordage announced that the prototype BRAtt, is equipped with Quantum-12, one of Samson’s most popular towing lines. BRAtt, which is the acronym for Burchett Robert Allen training tug, is scheduled to debut at the International Tug and Salvage Convention and Exhibition in Vancouver, B.C. this month. The result of collaboration between Ron Burchett and Robert Allen Ltd, the BRAtt answers the global need for cost-effective azmuthing-stern-drive training
Delta Rigging & Tools, Inc., a provider of lifting and rigging products and related services in the United States, announced the acquisition of Morgan City Rentals, a provider of offshore rental equipment and rigging supply in the Gulf of Mexico. Established in 1970, Morgan City Rentals is headquartered in Morgan City, La., with additional locations in Golden Meadow and Broussard, La. Morgan City Rentals provides a wide range of offshore rental equipment, wire rope
Sharjah Ports Authority, has taken delivery of a Damen ASD Tug 2411, named Al Luolo’ Aya. His Excellency Sheikh Khaled bin Abdullah bin Sultan Al Qasimi, Chairman of the Department of Seaports and Customs at the Hamriyah Free Zone Authority and Sharjah Airport International Free Zone
Sweden-based BogserTeam Ӧresund (BTӦ), part of MarCon gruppen, recently signed a contract with the Damen Shipyards Group for the delivery of a Damen ASD Tug 2810. MarCon gruppen is currently experiencing growth and is undertaking a program of renewal and expansion to its fleets.
Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities. The two B.Delta26LNG vessels will be constructed for the Finnish shipowner ESL Shipping Ltd by the
Eastern Shipbuilding Group, Inc. announced the launch of the Escort Tug H. DOUGLAS M (Hull 236) for Bay-Houston Towing Company on November 17, 2015. This series of Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs is currently under construction at Eastern’s
KOTUG Asia Sdn. Bhd. has commenced towage activities with its Rotortugs in the port of Tanjung Pelapas (PTP) Malaysia, with effect from November 1, 2015, the operator and owner announced today. KOTUG Asia said it started its operations with two 65 tons bollard pull Rotortugs
Towage and salvage specialist Multraship, through its 100-percent-owned subsidiary Novatug BV, has commissioned the construction of two Carrousel Rave Tugs (CRTs) as well as a new ASD 3212 tug from Damen Shipyards Group. Officially ordered today at a signing ceremony at
Shipbuilder VT Halter Marine, Inc. and Bouchard Transportation Co. Inc. announced the launch of M/V Morton S. Bouchard Jr., a 6,000hp Twin Screw Articulated Tug Barge (ATB) tug, on October 29, 2015. The M/V Morton S. Bouchard Jr. is part of a two-vessel contract awarded to the shipyard
Clyde Marine Services has taken delivery of its first Damen ASD Tug, the shipbuilder announced today. The Damen ASD 2310 has been named CMS Warrior, and she will join a 12-strong fleet of tugs and crew tenders at the Scottish company.
Chilean maritime services and logistics company SAAM S.A. has signed a contract with naval architecture firm Robert Allan Ltd. for a new generation of RAmparts 2400-W Class tugs. The first two boats for SAAM’s Peruvian affiliate TRAMARSA, named Chincha and Tupac
Transnet National Ports Authority announced a milestone in its $98 million tug building contract when the first of its nine new tugboats was launched at the Durban premises of contractor, Southern African Shipyards. “This is the largest single contract TNPA has ever
Some 200 delegates from all around Turkey attended the Pilotage & Towage Services Technologies Congress in Izmir, an event supported by shipbuilder Sanmar, whose Projects Director Ali Gurun presented a paper about technical specification of modern harbor and terminal tug boats outside of
The car carrier Viking Emerald got steering gear failure and ran aground off Woodland, Washington. The vessel, owned by Norway’s Gram Car Carriers and managed by OSM Ship Management in Singapore, was refloated several hours later with the help of tugs, and resumed voyage
TRIYARDS Holdings Limited has extended its product range to escort tugs for new client Greenbay Marine Pte Ltd, a Singapore-based international specialist marine craft group, demonstrating the Group’s established versatile engineering capabilities which have driven its continued
Chesapeake Shipbuilding Corp. signed another contract with Vane Brothers of Baltimore to build three more ocean going tugs. This new contract marks the 15, 16 and 17th tugboats built for Vane Brothers by Chesapeake Shipbuilding since 2008. Construction on the first new tug has already begun in one
P&O Maritime has announced the rebranding of its joint venture company Repasa, the Spanish operator of offshore support vessels for the energy industry. P&O Repasa will become the official brand of the joint venture which has expanded its fleet in the offshore towage