Page 24: of Marine News Magazine (November 2013)

Fleet Optimization Roundtable

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Sula, Honduras, Central America. The tug is used for har- bor assist in Puerto Cortez, a principal port in Northern Honduras. Great Lakes Group: Impact, Reach & Endurance, too.The Great Lakes Group is a maritime story unto itself. The Company is more widely known just as ?The Towing Company.? Founded by oil magnate John D. Rockefeller, the Company is now celebrating its 115th year in continu- ous business. Not so widely known is that ?The Towing Company? is a full-service marine transportation company ? actually a ?Group? of companies engaged in marine-relat- ed businesses operating on the East, Gulf, and West Coasts of the United States, as well as in Puerto Rico, in the islands of the Caribbean, and internationally. The Group of Com- panies also includes: Tugz International LLC, specializing in vessel design, building and chartering; Admiral Towing & Barge Company, primarily engaged in government op- erations; Soo Line Handling Services, Inc., providing line handling services at the US Army Corps of Engineers at the Soo Locks, Sault Ste. Marie, Michigan; Puerto Rico Tow- ing & Barge Co., engaged in marine transportation services in San Juan, Puerto Rico and the islands of the Caribbean. The ? HandySize? tug has provided an additional bene t high paying skilled jobs. It is estimated that the economic ripple effect to Ohio businesses from the building of the tugs and additional shipyard activities is conservatively es- timated at $0.52 from every revenue $1.00 the company receives. From a national view, the economic ripple effect to other businesses and communities is conservatively es- timated at $0.39 from every revenue $1.00 the Company receives. Understandably, The Great Lakes Group is op- timistic about the future of HandySize class tug, and the future of the maritime industry serving the Great Lakes. www.thegreatlakesgroup.com WORKBOAT DESIGN November 201324 MNMN November2013 Layout 18-31.indd 24MN November2013 Layout 18-31.indd 2410/28/2013 3:14:30 PM10/28/2013 3:14:30 PM

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