ACL Acquires EBDG

Friday, September 07, 2007
American Commercial Lines Inc has signed an agreement to acquire the assets of Elliott Bay Design Group, Ltd. (EBDG) a naval architecture and marine engineering firm. EBDG is located in Seattle, Wash., and has recently opened a second office in New Orleans, Louisiana. The financial terms of the investment were not disclosed but are not material to the Company. The new company, Elliott Bay Design Group LLC, will continue to provide naval architecture, marine engineering and production support to its many customers in the commercial marine industry, while providing ACL with capability supporting its transportation and Jeffboat shipyard businesses.

EBDG was formed in 1987 and has grown to more than 60 architects, engineers, designers, and support personnel. Over the last 20 years, EBDG has established itself as an industry leader and an innovative company offering state of the art engineering services backed by extensive experience in vessel design, shipyard level engineering, production planning and quality control. The transaction is expected to close in the 4th Quarter of 2007.

Maritime Reporter October 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Foss Hires VP, General Counsel & Chief Ethics Officer

Foss Maritime announced that Lam Q. Nguyen-Bull has joined the company as the Vice President, General Counsel and Chief Ethics Officer.   Based in Seattle, Nguyen-Bull

French President Inaugurates CMA CGM’s New Mega Ship

The CMA CGM Bougainville, the largest containership sailing under French flag, was inaugurated Tuesday by French President François Hollande in Le Havre.   Other

Teekay Veteran Glendinning to Retire

Long-time Teekay leader David Glendinning, president of Teekay Gas Services, will retire December 17, 2015, after more than 28 years at Teekay. Stepping up to replace Glendinning is Mark Kremin,

Naval Architecture

Webinar: Autodesk Licensing Changes

The way in which users will be able to buy and access Autodesk software is changing.   To help users better understand these changes and their implications, software

Royal Thai Navy Orders Harbor Tug

The Royal Thai Navy has ordered a new 32-meter tug from shipbuilder Italthai Marine Limited of Thailand, announced the vessel’s designer, Robert Allan Ltd.   Italthai Marine,

Eastern Launches Tug for Suderman & Young

Eastern Shipbuilding Group, Inc. announced it has launched escort tug Triton for Suderman & Young Towing Company on September 11, 2015.   The launch ceremony

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pod Propulsion Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3101 sec (3 req/sec)