
Seaspan Marine finalized the sale of its legacy wood chip, hog fuel, chemical and railcar barging operations to Hodder Tugboat Co. Ltd., of Richmond, Friday. The sale is inclusive of customer contracts and key assets such as tugboats and barges. It is expected that current customers will remain unaffected by the sale. Hodder has also assumed the use of many tie-ups leased from the Vancouver Fraser Port Authority. “Hodder has a strong track record and shared union representation with our mariners — I am confident they are the right long-term owner of this division,” Jordan Pechie, President of Seaspan Marine Transportation, said. “As Seaspan moves forward, our focus remains on safe, reliable operations and consistent service.” Seaspan Marine’s reputation as a reliable partner in a competitive marketplace remains central to its operations going forward. …Hodder Tugboat Co. Ltd. maintains a modern fleet and team of experienced marine professionals committed to safety, reliability and customer service.