KOTUG Takes Full Ownership of Its Bahamas Towage JV with SEACOR
KOTUG International, a marine services and towage provider based in the Netherlands, announced on Thursday it has concluded its acquisition of Kotug Seabulk Maritime (KSM), taking full ownership of the Caribbean marine towage business.KOTUG said it has acquired the interest of its joint venture partner, Fort Lauderdale, Fla.-based SEACOR Holdings via its Seabulk subsidiary KS Maritime Holdings, owner of the 50% share in KSM.Founded in 2017, KSM acts as the exclusive provider of maritime terminal support services for Buckeye Partners’ Bahamas Hub…
SEACOR Acquires USSC
SEACOR Holdings Inc. completed its acquisition of U.S. Shipping Corp (USSC), a privately owned provider of long-haul marine transportation for chemical and petroleum cargoes in the U.S. coastwise trade, operating under the Jones Act.
NASSCO Christens LNG-ready Tanker Constitution
On Saturday, August 27, shipbuilders at General Dynamics NASSCO celebrated the christening and launch of the Constitution, the sixth ship in a series of eight eco-friendly tankers constructed or under construction at the company’s San Diego-based shipyard. The ship, the Constitution, is a 610-foot, 50,000 deadweight-ton, and LNG-conversion-ready ECO Class product tanker with a 330,000 barrel cargo capacity. As part of the ceremony, the ship’s sponsor, Cristin Thorogood – wife of Dan Thorogood…
Murray & Associates Hosts 4th Fishing Challenge
A group of industry professionals from the commercial maritime sector gathered in Fort Lauderdale, Fla. on March 28 to participate in Murray & Associates LLC’s 2015 Fishing Challenge. The naval architect and marine engineering group hosted the tournament for the fourth consecutive year as a way to gather clients and maritime business professionals for a day of fishing on Florida’s beautiful waters, while also collecting money for charity. This year’s event raised more than $5,000 for the Seafarers House.
