SEACOR Holdings sells US towage business
Fort Lauderdale, Florida-based SEACOR Holdings has confirmed the sale of its US harbour towing operations and assets from its Seabulk Towing Holdings subsidiary to two parties, E N Bisso and Son and Bay-Houston Towing Company.
The E N Bisso transaction includes 12 harbour towing vessels across ports in Florida and Alabama. Bay-Houston is acquiring eight vessels operating in Texas along the Sabine Neches Navigation District and in the Port of Lake Charles, Louisiana.
Seabulk will continue to own and operate a fleet of tugs and barges in support of its Caribbean terminal and bunkering operations, including the KSM joint venture with partner KOTUG International.