Crescent Shipyard

Bethlehem Steel leased the yard to John W. Sullivan and part to New Jersey Dry Dock & Transportation Company.

[5] Busch, as this shipyard's superintendent, supervised several classes of naval ships, including gunboats, monitors, and cruisers in addition to the first commissioned submarine of the United States Navy, USS Holland (SS-1).

Internationally, many "advanced" industrialized nations around the world took note – almost immediately – and some acquired the rights to build them soon after the purchase of the Holland VI on 11 April 1900.

[6][7] Busch, as shipyard construction chief and naval architect for Lewis Nixon, went on to supervise the building of the prototype "Fulton", which followed the USS Holland and was used as an example and template in development of America's A-class or Adder-class submarines.

Work on these submarines began at this shipyard in the late fall of 1896 with the keel to the Holland VI being laid down by early December of that year.

Japan's first five submarines were developed under Busch's direction while working at Fore River Ship and Engine Company in Quincy, Massachutsetts for Electric Boat and Admiral Francis T. Bowles, President of the shipyard in 1904.