NOLA tug operator buys Petchem

E.N. Bisso & Son Inc. of New Orleans has acquired Port Canaveral, Fla.-based tug operator Petchem Inc. The sale was finalized on June 27. E.N. Bisso, with a fleet of 16 tugs, is a provider of ship-assist tug service at New Orleans, on the Lower Mississippi River, and Gulfport, Miss., as Gulfport Towing Petchem, with a fleet of three tugs, has been providing harbor tug services at Port Canaveral since 1984. The company will continue to operate as Petchem with all staffing, personnel, equipment and service commitments unchanged. (Source: Work Boat 97/13/18) The monetary purchase of the deal was not disclosed.