Intracoastal Marine INC

What Intracoastal Marine INC does

Intracoastal Marine, LLC is a privately held marine services company headquartered at 500 Barnes Road, Chesapeake, Virginia, on the Southern Branch of the Elizabeth River within the Port of Hampton Roads. Founded by Gregory Conn in 2001 after a 1995 partnership venture, the company operates a diversified fleet of tugs (800–2,000 HP), pushboats, truckable tugs (550–610 HP), and inland hopper barges (1,650–1,750 ton capacity) to serve maritime customers primarily in the U.S. East Coast and Gulf regions. The company maintains USCG Subchapter M compliance and operates from a 6+ acre facility with 400 feet of waterfront bulkhead. It is a subsidiary of Intra Marine Group.

The company's core product is marine towing and vessel support — docking assistance, pushboat services, barge transportation, and quick-response truckable tug work — supplemented by stevedoring and materials-handling services. Stevedoring operations use a Liebherr LH-60 material handler and Liebherr loaders to offload barges carrying grain, dredge spoils, recycled glass, and agricultural lime, with stated throughput of thousands of tons per day. A secondary product line is bulk agricultural lime (AgLime) sourced from Texas Quarry in Maryland, sold year-round from the Chesapeake facility.

The revenue model is multi-stream: professional services fees for towing and stevedoring, barge rental income, and product sales for AgLime. Go-to-market is direct, B2B, relationship-led sales within the maritime industry, with services delivered on-site at customer vessels and barges. Customer segments are maritime industry operators (primary) and bulk materials handlers (secondary). Pricing is not publicly disclosed and is quote-based given the customized nature of each engagement. No public pricing, customer logos beyond a single testimonial, or revenue figures are disclosed.

Name

Intracoastal Marine INC

Legal name

Intracoastal Marine, LLC

Website

https://icmtugs.com

Company type

Private

Founded year

2001

Operating status

Operating

Ownership category

akta.pro rank

Product category

Marine Towing and Stevedoring Services

NAICS

Deep Sea, Coastal, and Great Lakes Water Transportation (48311), Marine Cargo Handling (488320)

SIC

Water Transportation (4400)

akta.pro primary industry

Terminal & Shipyard Towage (Intra-Port/Facility Moves) (TLAHAHAI)

akta.pro secondary industries

Stevedoring & Vessel Loading/Discharging (Ship-to-Shore Operations) (TLAHALAA), Coastal/Sea Towage (Long-Distance Towing of Vessels/Barges) (TLAHAHAE), Harbor & Terminal Tugs (ASD/Voith, Escort Tugs) (IMAJADAA)

Keywords

• Marine towing services
• Tugboat and barge operations
• Stevedoring and offloading
• Bulk material handling
• Agricultural lime supply

Headquarters

HQ city

Chesapeake

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Marine Towing Services: Marine towing services including tugboat and pushboat operations for vessel assistance, docking, and transportation support in the Port of Hampton Roads.
2. Stevedoring and Offloading Services: Offloading, logistics support, and materials handling services for barges containing materials such as grain, dredge spoils, recycled glass, and agricultural lime.
3. Barge Rental: Rental of inland open hopper barges and covered hopper barges for transportation support, with carrying capacities of 1,650-1,750 tons.
4. Agricultural Lime Sales: Sale of Agricultural Lime (AgLime) in bulk, sourced from Texas Quarry in Maryland, received by barge and available for purchase year-round.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Intracoastal Marine provides marine towing, barge and truckable tug support, stevedoring services, and bulk agricultural lime sales. Services are delivered through a diversified fleet of tugs, pushboats, truckable tugs, and barges combined with Liebherr material handling equipment for offloading bulk materials such as grain, dredge spoils, recycled glass, and agricultural lime.

Product overview

Intracoastal Marine operates as a marine towing services company offering a unified suite of maritime support services centered around vessel operations (tugs, pushboats, truckable tugs, and barges) combined with stevedoring/offloading capabilities. The core product is marine towing services, which is supported by the company's vessel fleet product lines (Tugs & Pushboats, Truckable Tugs, Barge Transportation Services). Additional revenue streams include Stevedoring Services using Liebherr material handling equipment and Agricultural Lime sales. The company operates from a 6+ acre facility with 400 feet of bulkhead on the Southern Branch of the Elizabeth River in Chesapeake, VA.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Towing Services Core marine towing services delivered with tugs, pushboats, truckable tugs, and barges for vessel assistance, docking, and transportation support in the Port of Hampton Roads region. The fleet ranges from 550 HP truckable tugs to 2,000 HP tugs and pushboats.
• Barge Transportation Services Barge transportation and rental services using 195'x35' Inland Open Hopper Barges (1,650 ton capacity) and 200'x35' Inland Covered Hopper Barges (1,750 ton capacity) for bulk material transport.
• Stevedoring Services Offloading, logistics support, and materials handling services using a Liebherr LH-60 material handler and Liebherr loaders, capable of processing grain, dredge spoils, recycled glass, and agricultural lime with throughput of thousands of tons per day, working with local trucking companies for onward transport.
• Agricultural Lime (AgLime) Bulk agricultural lime product with 85% calcium carbonate equivalent (CCE) and 59% effective neutral value (ENV), sourced from Texas Quarry in Maryland, received by barge and stockpiled on-site, available for year-round purchase.

Quantifiable outcome

• Thousands of tons of material moved per day
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Ports America: Largest U.S. marine terminal operator providing stevedoring, cargo handling, and terminal management across major ports. Overlaps with Intracoastal Marine's stevedoring/offloading service line, though at much larger scale and with a broader port network.
• SEACOR Marine Holdings: Publicly traded provider of marine support services including harbor and offshore towing, platform supply, and specialty marine logistics. Comparable harbor towage segment but operates globally with significantly larger scale and capital base.

Direct peers

• Dann Ocean Towing: Operator of ocean-going tugboats and tank barges providing coastal and harbor transportation services, primarily along the U.S. East and Gulf Coasts. Comparable coastal tug/barge transportation profile to Intracoastal Marine's barge trading business.
• Vane Brothers Company: Mid-Atlantic tug and barge operator providing harbor towing and bulk barge transportation, including refined petroleum and aggregate products. Direct overlap with Intracoastal Marine's Mid-Atlantic barge transportation and terminal towage activities.
• Crescent Towing & Salvage Co. Gulf Coast tug and salvage operator with harbor towing, ocean towing, and emergency response services. Comparable service portfolio and regulatory positioning, with geographic overlap on the Gulf end of Intracoastal Marine's Maine-to-Gulf range.
• Bouchard Transportation Co. Independently owned tug and barge operator with a fleet of harbor tugs and ocean-going tug/barge units along the U.S. East Coast and Gulf. Similar combination of harbor towage and bulk barge transportation to Intracoastal Marine's offering.
• McAllister Towing & Salvage: One of the oldest and largest tug and barge operators on the U.S. East Coast, providing harbor towing, offshore towing, and salvage services. Highly comparable to Intracoastal Marine in service mix, customer base (port operators and shipping lines), and regulatory profile (Subchapter M compliant).
• Moran Towing Corporation: Established U.S. tug operator providing harbor towing, ship docking, and barge transportation along the East and Gulf Coasts. Comparable fleet composition, port-services business model, and customer overlap with shipping lines and terminal operators.

Emerging players

• Ceres Marine Terminals: Operator of marine terminals handling bulk commodities with stevedoring and terminal services. Comparable in commodity-grade stevedoring (grain, bulk materials), though with a broader commodity-trading overlay that Intracoastal Marine does not have.

Regional players

• Bay Houston Towing Co. Houston-based harbor towing company serving the Port of Houston and Gulf Coast. Comparable harbor towage and barge-assist service model but primarily competes in Gulf of Mexico ports rather than the Mid-Atlantic.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/icmtugs

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Intracoastal Marine INC