Seabulk Intl. Finalizes Sale of Inland Barge and Towboat Fleet

Monday, April 01, 2002
Seabulk International has completed the sale of the inland barge and towboat fleet of its Sun State Marine Services, Inc. subsidiary to Colonial Towing, which is a subsidiary of Colonial Group, Inc. of Savannah, Ga. The proceeds from this sale, which amount to approximately $3.8-million will be used by Seabulk to pay down debt.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Sales

India: Negative Outlook on Shipping Sector

India Ratings and Research (Ind-Ra) has maintained a negative-to-stable outlook for the shipping sector for the current financial year.   The agency expects

Nantong Tongbao Bags Order for 8 Chemical Tankers

Nantong Tongbao Shipbuilding has signed shipbuilding agreements with joint buyers, Shanghai Dingheng Shipping and Xiamen Xiangyu Group, for the construction of

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Ship Electronics Ship Repair 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: 0.1189 sec (8 req/sec)