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March, 2008 Moran Tug Service Signs Contract with Cameron LNG January, 2008 Moran Commences Operations in Two North Carolina Ports January, 2008 Moran Acquires a Tugboat Simulator from MarineSafety International April, 2007 Once Again, Moran Towing of Texas Receives the OSPRA Award January, 2007 Continued Growth for Moran LNG ship-docking services December, 2006 Moran Towing and Compania Maritima Pacifico Sign Long Term Marine Services Agreement November, 2006 Paul R. Tregurtha Voted "Maritime Man of the Year" by Massachusetts Maritime Academy November, 2006 Moran's Participation in U.S. Coast Guard Demonstration Earns Citation for Merit October, 2006 Expansive Tugs Area Maritime Company Adds Boats to its Fleet News Article Archive |
August, 2005 New Canaan Shipping Firm Doubles Up On Barges By Richard Lee Assistant Business Editor Stamford Advocate Moran Towing Corp. in New Canaan has made a significant investment in its fleet with the launch of three double-hull petroleum barges, including the Georgia this week in Sturgeon Bay, Wisc., on Lake Michigan. Constructed by Bay Shipbuilding for $20 million, the 427-foot, double-hulled Georgia is on its way to New York Harbor, where it will be under contract to ConocoPhillips. Moran is on track to achieve its goal of operating a full double-hull fleet by the end of next year, Chairman Paul Tregurtha said. Besides the Georgia, the New Hampshire, a sister double-hull petroleum barge built at Bay Shipbuilding, will be christened next month. The Massachusetts has been converted into a double-hulled barge by Gulf Marine Repair in Florida. The three barges have been matched with Moran's ocean tugs, all with systems that allow the tug to remain permanently in the barge notch when underway. The new barges mark Moran's first use of the articulated coupler systems. The New Hampshire and Georgia, each with a capacity of 110,000 barrels, are matched with the refurbished 5,100-horsepower tugs Scott Turecamo and Barney Turecamo, respectively. The tugs each were refurbished for about $4 million. The 415-foot Massachusetts, carrying 140,000 barrels, is paired with the 7,200-horsepower tug Paul T. Moran. Like the Georgia, the New Hampshire is under contract to ConocoPhillips; the Massachusetts is under contract to Westport Petroleum and will typically travel from refineries along the Gulf Coast to Northeast distribution terminals, said Bruce Richards, Moran's vice president of marine transportation. "They carry mostly heavy fuel oil for power plants," Richards said, and deliver oil to power producers and petroleum companies that include NRG, ConEd, Greenwich-based Premcor, Westport Petroleum, Amerada Hess, British Petroleum and Shell. Founded 145 years ago, Moran is a global company with 82 tugs and 30 barges. The barges have the latest in high-level monitoring and alarm systems, according to the company. Cargo tanks are monitored by a radar gauging system, while ballast and fuel tanks are monitored by internal tank pressure systems. "It's all integrated so that the tankermen can monitor the level of any tank on the barge from any location out on deck or inside the barge office," said Dave Beardsley, Moran's vice president of construction and repair. While the barge operation is not the major portion of Moran's business, it is a participant in a highly regulated shipping category, said Paul Leand, chief executive officer of AMA Capital Partners, a maritime industry investment bank. "In this market, everyone is held to high standards," Leand said, commenting that Moran has developed a solid reputation. "It's a well-regarded company." Moran seems to be well positioned in its effort to meet federal Oil Pollution Act standards to replace its fleet with double-hulled vessels, he said. Copyright (c) 2005, Southern Connecticut Newspapers, Inc. |
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50 Locust Avenue | New Canaan, CT 06840-4737 USA | Tel: 203.442.2800 |
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