Long-term investment in growth of the region unites two historic, family-owned maritime leaders
October 2, 2025 – Moran Towing Corporation announced today that it has acquired Bisso Towboat Co., Inc, as a long-term investment in the ongoing growth of New Orleans and the lower Mississippi River region.
Moran was founded in 1860 and is privately owned and operated. It offers ship assist services in 17 ports along the U.S. East and Gulf Coasts and has operated in New Orleans since 2006. In addition to its ship assist business, Moran also services LNG terminals, and transports liquid and dry bulk cargo with its fleet of liquid and dry bulk barges.
Bisso was founded in 1890 in New Orleans, and its headquarters remain in the area to this day. It is known in the region for its well-maintained, modern fleet of ASD tractor tugs, and its focus on reliable operations for its customers. Like Moran, it is also privately owned and operated.
“Bisso has deservedly earned a reputation as a high-quality operator who deeply values its long-term customer relationships, and treats its employees with respect,” said Ted Tregurtha, CEO & President of Moran Towing Corporation. “We are thrilled to welcome Bisso to the Moran team. This acquisition reflects our commitment to serve the growing needs of New Orleans and the Lower Mississippi River communities where we operate for decades to come.”
Both Bisso and Moran have long histories of family-run ownership and longstanding partnerships with like-minded customers. Scott Slatten, President of Bisso, added, “when we first explored this opportunity with Moran, we were struck by our many shared values: prioritizing our employees, providing safe and reliable operations to customers and partners, and continuous investing in the long-term health and growth of the business.”
About Moran Towing Corporation
Moran Towing Corporation was founded in 1860, and is headquartered in New Canaan, CT. Originally founded as a towing provider in New York City, Moran has evolved over the decades into a leading marine service provider in the United States. Today, Moran’s fleet of barges and tugboats operate in 17 ports along the U.S. East and Gulf Coast, and 7 LNG terminals. In addition to its maritime services, Moran offers complementary capabilities in environmental and industrial services, commercial diving, and marine construction.
About Bisso Towboat Co., Inc.
Since 1890, Bisso Towboat Company has been committed to delivering exceptional equipment and services for ships navigating between the mouth of the Mississippi River and Baton Rouge. Specializing in the assisting and docking of vessels, Bisso is dedicated to providing efficient, reliable, and top-quality solutions for its clients.
Bisso Towboat was represented by Legacy Capital LLC and Phelps, Dunbar in the transaction.
Media Contact:
Katie Jacobs
media@morantug.com