When Edward Whitmore’s Virginia-based tug and barge company U.S. Waterways Transportation bought Buchanan Marine, the long-time shipyard at the base of the Ferry Street Bridge, not only was the yard a cluttered mess—so was the business plan.
In the past year, Whitmore’s U.S. Waterways Transportation has dispensed with barge building at the site, focusing instead on repair of the barges in his company’s fleet.
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.