Marine Towing of Tampa Buys Seabulk Towing Assets from Bisso

Newly named company ‘Marine Towing of Port Canaveral’ acquired assets from New Orleans-based E.N. Bisso and Son, and Seabulk Towing Holdings.

Marine Towing of Tampa and E.N. Bisso & Son have executed and closed on an asset purchase deal to which Marine Towing of port Canaveral, acquired the port Canaveral operations and assets associated with Bisso’s acquisition of Seabulk Towing Holdings, ship assist operations in Florida.

To remind, E.N. Bisso & Son closed a deal last September to acquire Seabulk Towing from Seabulk Towing Holdings, which is a subsidiary of Seacor Holdings.

The transaction included 12 harbor towing vessels, five of which are advanced rotor tugs.

Under a recently executed asset purchase agreement Marine Towing of Tampa extends fleet operations to serve as tug operator at port Canaveral.

Capt. John Murray, chief executive of port Canaveral, said: “Marine Towing is a highly regarded provider of ship assist services in the industry.”

Steve Swindal, principal owner and chairman, noted: “Port Canaveral, is home to some of the world’s biggest and most popular cruise vessels, and a growing hub for petroleum products, bulk, and breakbulk cargo business.

“This strategically positions us to cater to the logistical needs of central Florida, one of the fastest-growing regions in the United States. Furthermore, the port plays a vital role in the aerospace industry with its close proximity to the Cape Canaveral Space Force Station and NASA’s Kennedy Space Center.”