Colle Maritime Company News

Signet Maritime Corporation, a marine transportation and logistics company, continues to grow with their recent purchase of Colle Towing Company’s assets and business operations. Since 1878, Colle Towing Company Inc., Pasacagoula MS has been providing offshore, harbor and intracoastal marine towing on the Mississippi Gulf Coast. Assets and personnel in Pascagoula will begin operations immediately under the new name, Colle Maritime Company, a Division of Signet Maritime Corporation.

Colle Maritime Company of Pascagoula Miss., a joint venture between Signet Maritime Corporation and Colle Towing Company, has been awarded a twenty-year contract to provide marine services to Angola LNG Supply Services LLC (ALSS) in the Port of Pascagoula, Miss. The agreement, to commence third quarter 2011, includes options to extend for up to ten additional years. Utilizing their combined expertise, the joint venture between Colle and Signet will construct two highly specialized terminal support/escort tugs that will each provide 80 metric tonnes of bollard pull.

Colle Maritime Company, a joint venture between Signet Maritime Corporation and Colle Towing Company, has been awarded a twenty-year contract to provide marine support services to Angola LNG Supply Services (ALSS) in the Port of Pascagoula, Mississippi. The Signet/Colle joint venture will construct two RAstar 3100 Class Terminal Support/Escort Tugs to fulfill this important contract. The tugs, designed by Robert Allan Ltd. of Vancouver, BC, will each provide 80 metric tonnes of bollard pull.