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

People & Company News

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Chevron To Find Buyers for Hawaiian Refinery

Chevron Corp has hired an investment bank to identify potential buyers of its 54,000 barrel-a-day refinery in Kapolei on the Hawaiian island of Oahu, a company official said.

Rotterdam Integrates Safety Research with LNG Training Facility

The Dutch company Falck Risc is becoming the number one expert on LNG safety in Europe. Together with the Unified Fire Department, Falck Risc will draw up guidelines

Contracts

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pipelines Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.2171 sec (5 req/sec)