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
Boxco Logistics has set the bar high yet again, by moving the LONGEST COLUMN EVER that was transported in and out of Mumbai Port. It all started in the industrial township of Dahej in the state of Gujarat at ISGEC Heavy Engineering’s manufacturing plant
Multraship and Damen Shipyards Group agreed on three new ASD (Azimuth Stern Drive) Tugs, all for delivery to Multraship in 2015. After delivery in Vietnam, scheduled for the end of first-quarter 2015, two state-of-the-art ASD Tugs 3212 will operate for Multraship as sister vessels to the 83-ton
The Nicaraguan port authority Empresa Portuaria Nacional (EPN) is set to take delivery of two newbuilds from Damen Shipyards Group. Damen built both vessels, a Damen Stan Tug 2608 and a Cutter Suction Dredger CSD350, at its yards in the Netherlands, and they are completed and underway.
The U.S. Maritime Administration (MARAD) released what it is calling a first-of-its-kind public database that chronicles U.S.-flagged, privately owned domestic articulated tug-barge (ATB) and integrated tug-barge (ITB) vessels. In the report
The Bureau of Safety and Environmental Enforcement (BSEE) is responding to an explosion at West Delta 105 in the Gulf of Mexico, approximately 12 miles off the coast of New Orleans. The offshore oil and gas operator, Fieldwood Energy
JonRie Marine Winches supplied its fifth ship set of full bollard pull winches to New York’s McAllister Towing for installation on its new tug, Tate McAllister. The 92-foot x 32-foot Z-Drive tug was designed and built by Washburn & Doughty of East Boothbay, Maine
Cvitanovic towing of Belle Chasse, Louisiana has taken delivery of a fourth vessel for its fleet of highly efficient Lugger-style tugs. Built at the Rodriguez yard in Bayou LaBatre, Alabama, the 65 by 26-foot, Andrew C, is slightly smaller than the 67.5 by 26-foot Pere C (2011) and George C (2012)
The tug Falcon was built by Modern Marine Inc. in 1978. In the intervening years, companies that employed her have changed hands a number of times until 2013 when Vane Line Bunkering of Baltimore, Maryland purchased Kirby Marine’s Philadelphia bunkering division.
150 Years Young, the 5th Generation Plots the Future Course McAllister Towing In 1864 Abraham Lincoln was president, and the U.S. was embroiled in the midst of civil war. In 1864, McAllister Towing was established (originally as the Greenpoint Lighterage Co.) in New York City
RWE Dea doubled its oil and gas production in Egypt and drawn up expansion plans. North Africa is a strategic core region for Dea. The company is one of the leading foreign investors in Egypt and produces oil and gas in the country for 30 years by now
Sharjah Ports Authority and Damen Shipyards celebrate keel laying of two new vessels Sharjah Ports Authority and Damen Shipyards officially celebrated the keel laying of two new vessels on December 11 at Damen Shipyards Sharjah, the Dutch group’s new facility
Second of 14 tugs on order for the Kuwait Oil Company at Damen Shipyards Galaţi A naming ceremony for the Kuwait Oil Company’s (KOC) new ASD 3212 tug vessel, KOC Shahem, was held October 30 at Damen Shipyards Galaţi. The KOC Shahem is the second in a series of 14 tugs that Damen is
On 30 October Kuwait Oil Company (KOC) CEO Mr Hashem Sayed Hashem attended the naming ceremony of the ASD 3212 tug vessel KOC Shahem at Damen Shipyards Galati. The KOC Shahem is the second in a series of 14 tugs that Damen is building for KOC
Kompania di Tou Korsou places an order for two tug vessels from Damen On December 9, five years after the delivery of two ASD Tugs 2810 KTK Tribon and KTK Barakuda, Damen Shipyards Group and Kompania di Tou Korsou (KTK) signed an agreement for the delivery of two Stan Tugs 1205.
Safely, efficiently lifting and handling increasingly heavy loads takes a hefty dose of the latest heavy lift products and systems. Rolls-Royce is a ubiquitous and growing force in all matters maritime, inching toward the one-stop-shop premise