Founded in 1860, by Michael Moran as a towing and brokerage firm, the Moran Towing and Transportation Company of New York, New York. In 1863, the company transitioned from a brokerage firm to an owner/operator of towing vessels when the company acquired a one-half interest in the tugboat Ida Miller for $2,700. In 1880, Michael Moran painted the first white "M" on the stack of a Moran tugboat.
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The Susan Rose has been raised and is presently at a dock in Point Pleasant. Hopefully it will be sunk on a New York reef, for all to use.
Dragger Susan Rose Raised One Year After Sinking
National Fisherman Staff
Mid-Atlantic Northeast News
November 22, 2024
The Rhode Island steel trawler Susan Rose was raised from the sea floor this week a year after sinking off Point Pleasant Beach, N.J., removed as a hazard to navigation.
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