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 November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Duffy Named President of Carnival Cruise Line

Christine Duffy has been named president of Carnival Cruise Line, Carnival Corporation & plc. announced today.   Duffy, currently president and CEO of Cruise Lines International Association (CLIA),

NASSCO Opens New Facility for Naval Repair

General Dynamics NASSCO opened a new location yesterday in Bremerton, Wash. to support the company’s recently-awarded contract to repair and maintain U.S. Navy

Obama Urged to Help Resolve Port Negotiations

In a letter today to President Barack Obama, the American Association of Port Authorities (AAPA) urged the president to take the necessary steps to assign federal

Naval Architecture

Damen Delivers Survey Vessel to Fugro

Fugro Frontier is the third vessel in a series received by Fugro during 2014   Three months after its last delivery, Fugro has received the third of a series

Vard Wins Farstad's OSCV Contract

Vard Holdings Limited (“VARD”) has secured a contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for Farstad Shipping (“Farstad”).

Higgins Named CEO of Nichols Brothers Boat Builders

Gavin Higgins has been appointed Chief Executive Officer of Ice Floe LLC dba Nichols Brothers Boat Builders (NBBB), the company announced today.   Effective immediately,

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1244 sec (8 req/sec)