E.N. Bisso & Son Inc. has acquired Port Canaveral, Fla.-based tug operator Petchem Inc. The sale was finalized on June 27.

New Orleans-based E.N. Bisso, with a fleet of 16 tugs, is a leading provider of ship-assist tug service at New Orleans, on the Lower Mississippi River and Gulfport, Miss. 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.

The Christine works a ship assist at Port Canveral. E.N. Bisso photo

The Christine works a ship assist at Port Canaveral. E.N. Bisso photo

“We are excited about this expansion opportunity as we believe Petchem provides an excellent fit in our quest to expand our scope of operations and develop a presence on another coast," Matt Holzhalb, Bisso president and CEO said in a statement. "We are grateful to (Petchem president) Tony Savas for placing his confidence in our ability to maintain his legacy and provide dedicated stewardship of his former company as we move forward”.

“We are pleased to conclude a sale of Petchem to E.N. Bisso," said Savas. "We are confident that our customers and employees are in safe hands with E.N. Bisso as we have experienced an amicable and efficient handling of this transaction.”

Petchem's fleet is comprised of the 5,000-hp tractor tug Christine, built in 2016; the 2,000-hp Stephanie S., built in 1986; and the 3,500-hp Elizabeth S., built in 2004.

David Krapf retired in 2024 after serving as editor of WorkBoat, the nation’s leading trade magazine for the inland and coastal waterways industry, since 1999. During his tenure, Krapf oversaw the editorial direction of the publication, shaping its reputation as an industry leader. Krapf's career in publishing began in 1987 as a reporter and editor for daily and weekly newspapers in the Houston area. He also served as the editor of a transportation industry daily in New Orleans before joining WorkBoat as a contributing editor in 1992. With a career spanning decades, Krapf has been covering the transportation industry since 1989. He holds a degree in business administration from the State University of New York at Oswego and studied journalism at the University of Houston.