Harley Marine Services Inc.

• Private
• US

Dow Jones Description

In early 1987, Harley Marine's Founder and current Chairman, Harley Franco, recognized the need for customer oriented marine transportation company in Pudget sound. Mr. Franco started his business with one leased tug and barge under the name Olympic Tug & Barge, Inc. and slowly built the company by instituting, and, in some cases, pioneering quality operating, procedures and safety and evironmental protection standards. In 1992, Olympic Tug expanded its fleet to four tugs and three barges operating inside Puget Sound. At that time, it decided to obtain the most modern fleet possible by utilizing barges built after 1980. In 1994, Olympic Tug expanded again, this time to providing bunkering and lube oil services in the Columbia and Willamette Rivers outside of Portland, Oregon. After acquiring a deck barge in 1995, Olympic Tug further expanded into dry bulk transportation and deck barge services. Also in 1995, the business received two awards: "Excellence in Customer Service" from Texaco and the Seattle Mayor's "Small Business of the Year" award. In 1997, Olympic Tug entered into a major petroleum transportation contract with British Petroleum, which made it the largest supplier of petroleum transportation services in the Pacific Northwest. Later that year, Olympic Tug entered into a joint venture, Westoil Marine Transport (Bermuda) Ltd., with Chauvco, a large Canadian oil company, to operate three tankers in the West Africa. This joint venture was sold at a substantial...

Founder, Chairman, Chief Executive Officer, and President

Number of Employees 200

Contact Information

Peer Companies

• SMIT Internationale N.V.
• K-Sea Transportation Partners LP
• Teekay LNG Partners LP
• Omega Navigation Enterprises Inc.
• Rutter Inc.
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