Eastern to build four new CARB-compliant escort tugs for Saltchuk

Panama City, Fla., based Eastern Shipbuilding Group (ESG) reports that it has been awarded a contract to construct four new Robert Allan Ltd. RApport 2600 escort tugs for Saltchuk Marine. They will be built at ESG’s Allanton and Port St. Joe shipyards, with delivery expected in 2026.

The Saltchuk Marine family includes Foss Maritime, Young Brothers, Cook Inlet Tug & Barge, AmNav Maritime, and Foss Offshore Wind. The four-tug contract marks the beginning of Saltchuk Marine’s long-term fleet...

https://www.marinelog.com/inland-coastal/coastal/eastern-to-build-four-new-carb-compliant-escort-tugs-for-saltchuk/

OSG set to be acquired by Saltchuk

Shares in NYSE-listed U.S.-flag tanker and ATB operator Overseas Shipholding Group Inc. (OSG) were trading up this morning on news that it has entered into a definitive merger agreement that will see it acquired by Saltchuk Resources Inc. Saltchuk first made an offer for OSG in 2021, then made a new offer in January of this year.

Under the terms of the merger agreement, family-owned Saltchuk will commence a tender offer to acquire all outstanding shares of OSG it does not already own for $8.50...

https://www.marinelog.com/legal/shipping/osg-set-to-be-acquired-by-saltchuk/