Donjon Sells Interest in Port Albany Ventures

Thursday, November 19, 2009

Donjon Marine, Co., Inc., a provider of multi-faceted marine services including marine salvage, heavy lift, dredging and related emergency response services, has sold its 50% interest in Port Albany Ventures, LLC (PAV), a 28-acre mixed-use bulk material stevedoring operation located on the Hudson River Ind., Bethlehem, N.Y., to its Joint Venture Partner, Sims Metal Management Limited (ASX: SGM; NYSE: SMS), a metal and electronics recycling company. 
 
The sale of the terminal interest will facilitate Donjon’s further expansion into other marine markets.  Donjon will retain DMC Marine, which owns and operates the tugs and barges previously owned and operated by PAV. 
 
(www.donjon.com)

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

People & Company News

Bouchard Vessels Honored by SCA

Forty-three Bouchard Transportation Co., Inc. vessels have been honored by The Chamber of Shipping America (CSA) with Certificates of Environmental Achievement.

Deepwater Semi-Sub COSL Prospector Delivered

COSLProspector, the fourth deep-water semi-submersible drilling rig built by CIMC Raffles for China Oilfield Services Limited (COSL), has been delivered in Yantai, Shandong Province.

Trelleborg Invests in High-Speed Fender Test Rig

Trelleborg’s marine operation is in the process of building and installing a custom-made high-speed test rig, capable of testing both rubber and foam fenders.   The

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics 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: 0.1233 sec (8 req/sec)