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
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.
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
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
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
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
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
Royal Dutch Shell has resumed crude exports from the Forcados terminal in Nigeria's restive Niger Delta following repairs after a militant attack, the Nigerian presidency said on Tuesday. "The Shell Director, Mr. Andrew Brown, informed the President of the resumption of oil
The first four of 15 Impala Terminals Colombia-operated tug/tow boats have been converted from oil to water-lubricated tailshaft bearings. Impala Zambrano, the first of 15 triple-screw and twin-screw push boats scheduled for oil-to-water conversion
Rolls-Royce has signed a contract with Edison Chouest Offshore (ECO) worth more than $41 million to deliver propulsion and deck machinery for 13 new tugs, including five which will have a direct bollard pull of around 150 metric tons.
Smith Berger Marine, Inc. said it has been selected by Edison Chouest Offshore to design and manufacture the Tow Pin Stern Roller units required on its nine new vessels, including five escort tugs and four docking tugs. Edison Chouest is building the new tugs in order to execute a 10-year
Marine transportation provider and the United States’ largest operator of OSVs, Edison Chouest Offshore (ECO), has teamed up with Damen to build 13 heavy duty mooring assistance and escort tugs. The vessels will be built in the U.S. using ECO’s network of five shipyards with support
Despite a decline of piracy activity in several high-risk areas, a high threat of crew kidnapping and hijacking remains in Southeast Asia and West Africa, according to a recent report from specialist crisis prevention and response consultancy NYA International.
The ITB Marine Group Ltd. (ITB) is currently well into construction of the first of two, twin Z-drive, ATB pusher tugs for service on the West Coast of North America. The tugs are being built at their Annacis Island Shipyard near Vancouver. The tugs will be connected by an articulating pin system
Two local contractors in Nigeria recently took delivery of 10-inch Wolverine Class Dredges, designed and manufactured by DSC Dredge at its facility in Greenbush, Mich. As the political capital of Delta State, Asaba is a rapidly expanding city along the banks of the Niger River Delta
The ocean carrier APL has announced three additional ports of call for the weekly Asia Latin America Service (ALX). Including Callao, Da Chan Bay and Valparaiso, the expanded ALX service will offer a more comprehensive coverage across Asia, Manzanillo in Mexico
Keppel Offshore & Marine (Keppel O&M) announced it has secured contracts to build its first two dual-fuel diesel liquefied natural gas (LNG) harbor tugs, and signed a Memorandum of Understanding (MOU) with Keppel-Royal Dutch Shell plc (Shell) to jointly explore opportunities in using LNG
Royal Boskalis Westminster (Boskalis) joint ventures Keppel Smit Towage and Maju Maritime have ordered two innovative LNG dual-fuel harbor tugs, which marks a breakthrough for realizing clean environmentally friendly harbor towage services in the Singapore port
As the oil industry awaits a much-needed rebound, Foss Maritime’s robust presence in the Arctic region underscores its commitment to the region, the environment, and a business plan that looks ahead to the next chapter. Reports of the death of commercial Arctic activities have been
Great Lakes Dredge & Dock Corporation announced today the successful launch of the Ellis Island, the barge component of its Articulated Tug & Barge (ATB) hopper dredge currently under construction. The launch occurred on September 30
Vane Brothers said it has taken delivery of its newest tugboat, Baltimore, named for the city in which the marine transportation provider is headquartered. The Baltimore is the third of eight vessels in Vane’s Elizabeth Anne Class of 4,200-horsepower tugboats contracted through St
Steady, smooth, powerful, highly maneuverable: these were comments from mariners on board for sea trials of Jones Marine Group’s new tractor tug, David J. The new workboat was put through its paces in fine form. The boat is an A.G. McIlwain-designed 53 by 26