The Atlantic Lifeboat Company By The Red Hook WaterStories team The Atlantic Lifeboat Company, located at Richards and Delevan Streets, was founded in 1914. In addition to making lifeboats—important safety equipment on ships—the company made speedy powerboats. Tags: Atlantic Lifeboat Company, Delavan Street /Deleven Street, lifeboat, Richards Street Subjects: Maritime--Shipbuilding, Erie Basin