On April 5, 2025, Moran Towing celebrated the christening of the Mary Jane Moran with their crews, customers, port partners, and the family of the namesake in Port Arthur, TX. The event marked the arrival of a powerful new tug and honored a family who have been a part of our story for decades.
Gulf LNG Tugs of Port Arthur on Thursday announced it has placed orders for four new escort tugs to serve the Port Arthur LNG export facility in Texas. Two will be constructed by Master Boat Builders in Coden, Ala., and two by Sterling Shipyard in Port Neches, Texas. Gulf LNG Tugs—a joint venture comprised of Bay-Houston Towing
Master Boat Builders has launched Patricia B. Moran, a new tugboat it is building for Moran Towing Corporation, based in New Canaan, Conn.The newbuild is one of two 86-foot (LOA) tugs the Coden, Ala. shipbuilder is building for Moran. Ordered in 2022, the tugs were designed by Crowley Engineering Services and will produce a bollard pull of over 55 metric tons.
Electric motor startup H3X on Tuesday announced it has raised $20 million through an oversubscribed Series A round led by Infinite Capital, with participation from Hanwha Asset Management, Cubit Capital, Origin Ventures, Industrious Ventures, Venn10 Capital, and follow-on investors that include Lockheed Martin Ventures, Metaplanet, Liquid 2 Ventures and TechNexus.