JANUARY 17, 2019– Anchorage, AK, headquartered Cook Inlet Tug & & Barge( CITB), a separately handled subsidiary of Foss Maritime Company, records” that it has actually become part of a property acquisition arrangement with Crowley Vessel Sales Group as well as finished the acquisition of every one of Crowley’s Prudhoe Bay, Alaska possessions– consisting of yanks, barges, hefty equipment as well as various other cars as well as devices.
“These assets are already positioned on the North Slope,” stated John Parrott, President as well as Chief Executive Officer ofFoss “They are operationally ready to perform shallow draft tug and barge services and offer us the opportunity to expand our Alaska operations.”
“The vessels and marine assets have spent their entire operating years on the North Slope. “The shallow draft design of the vessels makes them ideal to service the North Slope and Western Alaska Markets,” stated CITBSenior Business Development Director, Mike O’Shea “In addition, the vessels are all in excellent condition.”
Cook Inlet Tug & & Barge prepares to enhance its procedure by concentrating on aquatic devices as well as partnering with recognized coast side provider inPrudhoe Bay
“CITB is excited about the addition of this fleet. We look forward to working with companies on the North Slope, and providing leaner options to the oil and gas industry,” stated Parrott.