Great Lakes Shipyards Lands Tug Construction Contracts

Mike Schuler
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September 22, 2011


Great Lakes Shipyard of Cleveland, OH has landed $23 million in construction contracts from an affiliate of SEACOR Holdings to build two new state-of-the-art 50-ton bollard pull ASD tugboats. Both vessels will be used for ship docking and escort operations at the Hovensa Oil Refinery located in St. Croix, U.S. Virgin Islands.

Designed by Jensen Maritime Consultants, a Crowley-owned naval architecture firm located in Seattle, WA, the new tugs will be built to the highest standards of U.S. classifaction society, American Bureau of Shipping. The 92-foot, 4640HP tugs are purpose-built for ship assist, escort, and firefighting services, and will be uniquely constructed to meet the wide range operations typical of the Caribbean and the Gulf of Mexico.

Caribbean Tugz, LLC, a new affiliate of SEACOR Holdings, is the buyer of the new tugs and will charter them to Hovensa, currently the eighth largest oil refinery in the world, under a long-term bareboat charter contract.

Great Lakes Shipyard recently finished a major $24.5 million expansion project at its Cleveland location making the yard the largest on the Great Lakes, second largest in the Western Hemisphere, and the third largest in the World.

Design and construction of the vessels are to start immediately, and the tugs are scheduled for completion in early 2013.

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