{{ The ship was towed into the river initially, but the tugboats did not accompany the ship all the way to the bridge, said John Konrad, a retired ship captain who runs the gCaptain maritime news website and co-authored a book on the Deepwater Horizon oil spill.
“The safe thing to do is keep the tugs,” Konrad said. “Moving forward, I think that’s going to happen. The Coast Guard is going to say you’ve got to keep the tugs tied up until you pass the bridge.” }}
You pay for tug boats by the hour. If you can cut them loose 15 minutes early, the savings goes right to Private Equity’s bottom line.
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