Donjon sells interest in Hudson River stevedore
Marine services provider Donjon Marine Co. Inc. said it has solid its half interest in Port Albany Ventures, a 28-acre mixed-use bulk material stevedoring operation located on the Hudson River in Bethlehem, N.Y., south of the state capital.
Donjon’s interest was sold to the other partner, Sims Metal Management, a metal and electronics recycling company.
Donjon, based in Hillside, N.J., said the sale would facilitate its expansion into other marine markets.
Donjon will retain DMC Marine, which owns and operates the tugs and barges previously owned and operated by Port Albany Ventures.
Donjon sells interest in Hudson River stevedore