Foss Maritime Acquires Constellation Tug

Monday, July 17, 2006
Foss Maritime Company, the Seattle-based marine services company, announced that it is expanding into the American East Coast market with the acquisition of Constellation Tug Company of Charlestown, Mass. With the planned introduction of new, technologically advanced tractor tugs to the Constellation fleet, the company will increase its capacity and capabilities, and improve service for its Boston Harbor and Massachusetts Bay customers. Foss has agreed to acquire the equipment, assets and trade names of Constellation Tug Company of Charlestown, MA and will operate the company as a subsidiary under the name Constellation Maritime Company. The current leadership of Constellation will continue to manage the company when it becomes a subsidiary of Foss. Marc Villa, a partner at Constellation Tug, has been named President of the company, and the other partners at Constellation Tug – Conti Coluntino, Jeff Nichols and Bob Manning – have also accepted management positions. Constellation currently operates four tugs and three barges, providing ship assist and marine services in the ports of Boston, Quincy and Salem. In late 2006, two tractor tugs will join the Constellation fleet, including one of the Foss-built new DOLPHIN class ASD tractor tugs with 5000 hp and 65 short tons of Bollard pull.
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Enterprise Contracts to Boost U.S. Crude Exports

Enterprise bumps up exports through annual contracts; signs 2015 contracts with PDS, Vitol; seeks one more term buyer. U.S. exports of condensate have been given

Tighter Supertanker Market Impacts Asian Fuel Supplies

The window to sell Western fuel oil to Asia is starting to close as demand for a limited fleet of supertankers to store cheap crude pushes freight rates to multi-month highs,

Oil Tankers are Front Line of Libya's Struggles

Crew members killed in tanker attack this month; West fears worsening violence could lead to civil war. Oil shippers face higher costs and the possible loss of insurance cover on Libyan voyages,

Contracts

Enterprise Contracts to Boost U.S. Crude Exports

Enterprise bumps up exports through annual contracts; signs 2015 contracts with PDS, Vitol; seeks one more term buyer. U.S. exports of condensate have been given

Tighter Supertanker Market Impacts Asian Fuel Supplies

The window to sell Western fuel oil to Asia is starting to close as demand for a limited fleet of supertankers to store cheap crude pushes freight rates to multi-month highs,

CFE to Lift Eight LNG Cargoes

Mexican state-owned utility CFE has bought eight cargoes of liquefied natural gas (LNG), four traders said. Swiss trading house Trafigura was awarded the bulk of the volume,

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Sonar
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: 0.1711 sec (6 req/sec)