Logistic Services Inc. (LSI) announced the acquisition of all assets of Five Rivers Distribution, LLC (Five Rivers) June 2, strengthening LSI’s inland waterways operations and expanding its presence on… Read More
Mergers and Acquisitions
Saltchuk Resources Inc. completed its acquisition of Great Lakes Dredge & Dock Corporation on April 1. The transaction closed for a purchase price of $17 per share in cash… Read More
Nashville, Tenn.-based Hines Furlong Line (HFL) has closed on its acquisition of the river division of Campbell Transportation Company (CTC). HFL announced completion of the acquisition on January 30,… Read More
Following the completed acquisition of Gulf Copper & Manufacturing’s shipbuilding assets by Davie Defense, Houston-based Sabine Surveyors Ltd. has announced reorganization moves aimed at strengthening the company’s position as a… Read More
Nashville, Tenn.-based Hines Furlong Line Inc. (HFL) announced December 3 that it has entered into a definitive agreement to acquire the river division of Campbell Transportation Company (CTC). The transaction… Read More
Baton Rouge, La.-based Shamrock Marine has been serving river pilots, towing companies and tug operators on the Lower Mississippi River for more than two decades. What started in 2004 as… Read More
Convent, La.-based Turn Services, a provider of barge fleeting, shifting, cleaning and repair services on the Lower Mississippi River, Gulf Intracoastal Waterway, Houston Ship Channel and Sabine-Neches Waterway, has… Read More
As first announced in June, investment firm Redwood Holdings successfully completed its acquisition of New Orleans-based Canal Barge Company in early September. The acquisition of Canal Barge and all… Read More
Moran Towing Corporation announced October 2 that it has acquired Bisso Towboat Company as a long-term investment in the ongoing growth of New Orleans and the Lower Mississippi River… Read More
Metairie, La.-based Maritime Partners, a leading provider of maritime solutions primarily focused on Jones Act vessels, has announced the recent purchase of West Gulf Marine, a family-owned shipyard in Galveston,… Read More
