Tugz Florida Franchise Is Pending

Friday, December 22, 2000
Following months of intense scrutiny, financial due diligence, background checks and equipment review, Ronald C. Rasmus, president of TUGZ International, LLC, is confident his firm meets or exceeds all requirements for securing a franchise permit to provide tugboat and towing services at Port Everglades, Fla. If the franchise is awarded, TUGZ will be the first tug company to compete against Hvide Marine at the Fort Lauderdale port, one of the busiest ports on the eastern seaboard.

"Despite its size as Florida's largest port and 5,809 ship calls a year, Port Everglades remains the only major, diversified port in the United States that limits its tug service, by government franchise, to a single tug company," says Mr. Rasmus. "We look forward to creating a healthy competitive environment for the ship owners and operators who use the Port and to providing vital services that are essential to port safety and efficiency."

TUGZ is planning to invest more than $15 million worth of state-of-the-art tug equipment in its move to Port Everglades, including its proprietary "Z-Class" design and another class of tractor tug designed specifically for Port Everglades.

In addition, TUGZ will use Port Everglades as a base of operations for other marine operations, bringing money and jobs into the Fort Lauderdale area. The Board of County Commissioners of Broward County will decide on the TUGZ's application in a public hearing now scheduled for some time in January 2001 at the Broward County Governmental Center, 115 St. Andrews Avenue in Fort Lauderdale.

TUGZ - a wholly owned subsidiary of The Great Lakes Towing Company and Admiral Towing and Barge Company - provides towing, docking and undocking assistance for all types of vessels, including U.S. Naval vessels. The Group owns and operates a fleet of over 50 tugboats in 37 ports on the Great Lakes, the East Coast, the Caribbean and in Hawaii, and operates its own shipyard and dry-dock repair facility.

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Workboats

New Survey Vessel Ordered for the Port of London

The Port of London Authority (PLA) has ordered a new purpose-built survey catamaran, a CTruk MPC19, due to enter service on the river Thames later this year.   The

Marquette Transportation Reportedly for Sale

Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of

Kirby Reports Record Earnings

Kirby Corporation announced record net earnings of $68.1 million, or $1.19 per share, for the fourth quarter 2014 (ended December 31). The results bested 2013’s fourth quarter figures of $64.

Finance

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

PHA Budgets $ 275 mi for Capital Improvements

In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container

Shippers Must Monitor Greek Government Changes

Moore Stephens says shipping must monitor developments in wake of Greek government change   International accountant and shipping adviser Moore Stephens says

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics 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: 0.1266 sec (8 req/sec)