Barge-Builder Sold

Published in the New Haven Independent 

A local shipyard has a new owner—and maybe a new name and a new future.

A national outfit called U.S. Waterways Transportation LLC has purchased the shipyard, Buchanan Marine, at the base of the Ferry Street Bridge on the Q Avenue side for an undisclosed sum. The local shipyard employs 32 people.

U.S. Waterways owner Edward Whitmore said those jobs are safe, for now, as he oversees the “greening” of the facility and turns it into a repair shop for the eight tugboats his company owns and the barges they pull.