Ocean Group Inks 10-year Towage Deal with Port of Vancouver
Ocean Group announced it has signed a 10-year agreement with the Port of Vancouver to provide port towing services at the two Roberts Bank terminals, Deltaport and Westshore Terminals. Starting July 19, Ocean Group will mobilize two Damen ASD Tug 2813 tugs equipped with fire fighting systems and IMO Tier III engines.Ocean Group began operations in the Port of Vancouver in March 2020 with two tugs. Since then, the company has increased the number of its tugs present in this territory with the arrival of new tugs, and then with the acquisition of Samson Tugboats.
Great Lakes Group: Venerable & Versatile
“…We have built our reputation job by job, boat by boat, and tow by tow, and we intend to continue to do so.”The Great Lakes Towing Company (GLT) and the Great Lakes Shipyard are core businesses within The Great Lakes Group of Companies, based in Cleveland, on the Old River, a shipping channel that runs west from where the Cuyahoga River meets Lake Erie. Company towing operations extend from Buffalo, N.Y. in the east to Duluth, Minn. in the west. Great Lakes Towing owns and operates the largest U.S.-flagged tugboat fleet on the Great Lakes, serving more than 35 ports in all eight U.S.
Underwriting Workboats
Moving 30 barges at once takes the sure hand of a tugboat pilot who knows how to maneuver a flotilla through the twists and turns of the Mississippi River. Lashed together, three across and 10 long, the barges cover more than twice the surface area of a modern aircraft carrier. Most would agree that the best river pilots are artisans, deeply skilled in methods to meet the challenges of that particular job. Equally skilled, however, are the tugboat captains in a crowded ocean harbor…
An Argentinian Shipbuilding Revival
According to a blog on the Bulletin Panama (http://thebulletinpanama.com), there is a boatbuilding revival happening in Argentina. The plant, near the city of Rosario, on the Rio de la Plata, is equipped with the latest naval processes using national steel for the construction of boats. The story reports that to date, 21 double-hulled tank barges of 3,000 cubic meters capacity have been delivered and another 21 of 2,500 tons each, for the transport of bulk and dry cargoes. The latest delivery was for the reported to be for the Ultrapetrol group…
BOURBON Announces Quarterly Financial Results
Third quarter 2007 revenues for BOURBON rose 35% over the same period in 2006 to total $294.3m. This growth was driven by higher revenues in all BOURBON divisions. Over the first 9 months of this year, revenues were up 31.5% at current exchange rates (40.2% at constant exchange rates). Over the third quarter of 2007, revenues generated by the Offshore Division rose 24.3% over the same period in 2006 (31.1% at constant exchange rates). This growth is explained by the integration over the last 12 months of 32 new vessels in the Bourbon Offshore fleet, 8 of which were delivered in the third quarter. Revenues recorded by vessels operating under external charters totaled $19.7m for this quarter. These vessels traditionally generate lower margins than owned vessels.
