en.Wedoany.com Reported - Seaspan Marine has sold its traditional business segment, which involves the barge transportation of wood chips, bark fuel, chemicals, and railcars, to Richmond-based Hodder Tugboat Co. Ltd.

The transaction was completed on June 19, 2026, in North Vancouver, British Columbia, and includes customer contracts and key assets such as tugboats and barges. Seaspan stated that existing customers are not expected to be affected by the change in ownership.

Hodder has also taken over the rights to several mooring facilities leased from the Vancouver Fraser Port Authority.

Jordan Pechie, President of Seaspan Marine Transportation, said that Hodder has a strong track record and shares union representation with Seaspan's mariners, making them a suitable long-term owner for this business segment. As Seaspan moves forward, the company remains focused on safe, reliable operations and consistent service.

This sale divests the traditional barge business from Seaspan Marine's portfolio, allowing the company to continue focusing on ship berthing, unberthing, and escort operations in the Port of Vancouver.

Headquartered in North Vancouver, Seaspan Marine has operated in the Port of Vancouver for over 130 years, providing ship berthing, unberthing, and escort services, with 24/7 crew availability, on-site training facilities, ISO-certified systems, and simulator-based training.

Hodder Tugboat Co. Ltd. is a marine transportation and barge company based in Richmond, British Columbia, operating tugboats and barges in the province and staffing maritime personnel.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com