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

People & Company News

Henderson, Hanes & Associates Opens Doors in Miami

Ocean Engineering/ Naval Architecture Firm Brings Innovation to the Mega Yacht Community The Miami-based ocean engineering and naval architecture firm of Henderson & Associates, Inc.

DOF Installer Sells Offshore Vessel

DOF Subsea AS subsidiary, DOF Installer ASA, reported the sale of one of its three sister ships, an anchor handling tug supply (AHTS) vessel, to an international buyer.

Scanjet Secures 30-ship Tank Management Order

Scanjet Group has followed up its Tank Management order from Stolt-Nielsen with a series of contracts for its ITAMA Intelligent Tank Management concept including Tankcleaning,

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pod Propulsion Ship Repair 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: 0.1179 sec (8 req/sec)