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Investment firm Bochi acquires shipbuilder Diversified Marine

Eric Haun

July 9, 2025

Shipbuilder Diversified Marine Inc., Portland, Ore., has been acquired by private equity firm Bochi Investments LLC, Lake Oswego, Ore., in a deal that closed on July 3. Financial terms were not disclosed.

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Diversified Marine Inc. is a leading builder of tugboats on the West Coast. File photo courtesy Frank Manning / Diversified Marine Inc.

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Balcom Marine Contractors' infamous crane barge sank twice in Grand Traverse Bay, an arm of Lake Michigan. Shutterstock photo.

Twice-sunken Lake Michigan barge relocated after years of legal dispute

Eric Haun

July 9, 2025

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A years-long environmental saga has come to a close with the relocation of a barge that sank multiple times in Lake Michigan, according to an announcement by Michigan Attorney General Dana Nessel.

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Return On Investment will be operated out of the U.S. East Coast to support the delivery and return of Neutron rockets to its launch site on Wallops Island, Va. Rocket lab image

Bollinger Shipyards chosen to convert barge for Rocket Lab landings

Eric Haun

July 10, 2025

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Rocket Lab Corp., Long Beach, Calif., announced that it has selected Bollinger Shipyards, Lockport, La., to convert a deck barge for use as a specialized platform to catch at-sea rocket landings.

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Videos

The solar-powered catamaran Firefly is scheduled to be launched at Lyman-Morse Boatbuilding at the end of July. Lyman-Morse Boatbuilding photos.

Solar-powered vessel Firefly will bring students to water

The WorkBoat team recently visited Silver Ships in Theodore, Ala., to tour the aluminum boatyard and ride aboard three new vessels built for the U.S. Army Corps of Engineers, Savannah District. Doug Stewart photos.

Silver Ships delivers three survey vessels to Army Corps Savannah

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