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
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 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
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
Nakilat Damen Shipyards Qatar (NDSQ) has delivered two new Qatari-built mooring tugs to towage operator Nakilat SvitzerWijsmuller (NSW). The delivery of the two ASD 2810 tugs is part of a seven-vessel order that the yard is currently working on for NSW
The MSC Oscar arrived on Tuesday (yesterday) at the APM1 terminal in Rotterdam. With a capacity of 19,224 TEU (20-foot containers), the 396 meters long and 59 meters wide ship is the largest container ship in the world. The MSC Oscar arrived from Algeciras and will leave for Bremerhaven
Best known for modern, innovative passenger catamarans, Astilleros Unidelta SA of Buenos Aires is currently building an innovative tug. The aziumthing stern-drive (ASD) ship-handling tug is now being built at the Argentinian yard. The first, in an anticipated series
Stornoway Coastguard was contacted this morning by the general cargo vessel LYSBLINK SEAWAYS reporting that they had gone aground north of the Isle of Mull, near Kilchoan, at approximately 1.50am. She has 9 people on board and the Tobermory RNLI lifeboat has been standing by the vessel on scene
Nigerian maritime industry has hailed President Goodluck Jonathan over what they called the "giant strides" he has made in the sector and lauded him for the steps it has taken to tackle the challenges. The Legal Adviser/General Secretary, MWN, Mr
A settlement between the U.S. Coast Guard (USCG) and the operator of the tug Shannon was approved Tuesday by a U.S. Federal Administrative Law Judge. The settlement calls for a two month suspension of Merchant Mariner’s Credentials
Damen Shipyards Group has delivered the first vessel in its new ASD Tug 2913 class. According to Damen, the 2913 has been developed in response to demand from operators for more powerful tugs capable of handling today’s larger vessels
A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as "pirate alley".
Astilleros Gondan awarded a contract to build three escort tugs for North Sea operation Gondan Shipyard has signed a new contract with the Norwegian shipowner Østensjø Rederi AS for the construction of three tugboats that will join its fleet in Melkøya terminal of the
The United States Army Corps of Engineers (USACE) Buffalo District has awarded a repair contract to Great Lakes Shipyard for two tugs and two barges from the Corps’ Cleveland Field Station. The shipyard said it has been contracted to perform drydocking
Three large new escort tugs contracted by Norwegian operator Østensjø Rederi, will feature Wärtsilä dual-fuel (DF) engines integrated with a customized gas storage and supply system also supplied by Wärtsilä
CORIMA, part of the Italian Gesmar Group, has ordered a Damen ASD Tug 2810. The Damen ASD Tug 2810, which has a 60 metric tons bollard pull, will be deployed in the port of Ancona. With the official signing ceremony taking place on January 12
There will be a dead ship tow of the Dive Support Vessel UNCLE JOHN from the Mobile Sea Buoy to BAE Shipyard starting at approximately 0600 today. The 253 feet long, 173 feet wide rig will be towed by the tugs FINN FALGOUT and WILKEN FALGOUT with assist tugs provided by Crescent Towing.
Chesapeake Shipbuilding has signed a contract with Vane Brothers to build two new tugs, marking the 13th and 14th tugs that Chesapeake will have built for Vane Brothers in the last several years. The two new tugs will fit into Chesapeake’s existing order book
Chinese authorities have confirmed that 21 people were killed and one is still missing after a tug boat undergoing sea trials sank in the Yangtze River, the state-run Xinhua news agency reported on Saturday. The boat had 25 people on board when it sank on Thursday and three were rescued