How have major events such as the U.S./China trade war, oil price fall and COVID-19 impacted Twin Disc’s commercial marine business to date, and what adjustments have you made in response?These are the three things that I’ve been highlighting in employee communications and with investors over the last few months. For us, COVID was just the third punch after the other two.
The Great Lakes Shipyard on Wednesday launched the new tug Wisconsin, the fifth in a series of 64-foot Damen Stan tug 1907 Ice design harbor tugs that the Cleveland, Ohio shipyard is building for The Great Lakes Towing Company.Wisconsin, like its sister tugs, is powered by two 1,000-horsepower MTU 8V4000 Tier III diesel engines, and generates over 30-tons of bollard pull.
The Great Lakes Towing Company and Great Lakes Shipyard christened the newly built tugs Pennsylvania and Wisconsin at the company’s Cleveland facilities on Wednesday.“Amid the COVID-19 pandemic, it is remarkable that the Towing Company has persevered with the successful completion of these two new tugs, despite the adversity the pandemic brought to bear, not only on us, but the industry