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Tag Archives: Tug Conversion

THE SEAWOLF: Converting a tug boat into a luxury yacht

PortandTerminal.com, July 13, 2019 In 2007, IBM acquired Canadian Mike Potter’s software business for $4.9 billion. With that kind of money in the bank, you might expect Potter to have purchased a “conventional” billionaire’s yacht. Instead, he purchased the 58.8-meter Seawolf, a converted ocean-going tug with its original 1956 engines. Seawolf’s bridge Potter says though when he saw the Seawolf …

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