Young Brothers to Invest in Boats, Barges

Friday, April 07, 2006
Hawaii's largest provider of interisland cargo transportation is planning a major multi million-dollar upgrade. Young Brothers Ltd. said it will invest $186m over the next 10 years on everything from new barges and tugboats to a revamped information system that will allow customers to book online and track their cargo. Young Brothers said the investment is needed because of the company's aging fleet and because increased demand has the cargo company stretched to capacity right now. The investment includes eight new barges that can carry 40 percent more cargo and six new tugboats that are faster than the current fleet and use less fuel. (Source: Hawaii Channel.com)
Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Airbus May Sell Stake in Submarine Supplier

Airbus is considering a sale of its 49 percent stake in submarine supplier Atlas Elektronik as part of a reshuffle of its military business, German newspaper Die

Roll-iT Reacts to Growing Demand

Roll-iT reaches new peaks with SCHEUERLE Self-Propelled Modular Transporters Roll-iT from Stabroek, Belgium is a co-partnership of Aertssen Kranen (Aertssen

Ferguson Norge Unveils New NORSOK Workshops

As a result of market demand for NORSOK workspace modules, Ferguson Norge, specialists in the rental of DNV 2.7-1 / EN 12079 certified offshore containers, refrigeration/freezer modules,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Repair 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: 0.2845 sec (4 req/sec)