Kirby Corporation announced November 12 that it has signed an agreement to acquire substantially all of CGBM 100, LLC’s inland marine tank barge fleet for an undisclosed amount. Read More
Mergers and Acquisitions
Parker Towing Company Inc., Tuscaloosa, Ala., “one of the oldest, most respected barge lines in the country,” as its literature states, recently expanded its marine and terminal… Read More
A well-known marine electronics firm that has served the Lower Mississippi River and the Gulf Intracoastal Waterway for more than 3-1/2 decades has changed hands. Paul Mustacchia, owner,… Read More
Ocean Tug & Barge Engineering Corporation (OT&BE), a naval architecture and marine engineering firm specializing in articulated tug/barge (ATB) design, announced October 11 that it is now a member… Read More
Louisiana Gov. John Bel Edwards and a host of elected officials, economic development experts and business leaders gathered October 4 at the site of Avondale Shipyard, located on the… Read More
Leading marine operations software company Helm Operations announced September 20 that it has been acquired by Toronto-based Volaris Group Inc. Volaris specializes in strengthening and growing technology companies and… Read More
Schoellhorn-Albrecht, a St. Louis, Mo.-based manufacturer of marine deck equipment, has recently acquired Jones & Lockhart Welding Company. Brian Pavlisin, president of Schoellhorn-Albrecht, said the new facility is… Read More
Peabody Energy Inc., the St. Louis, Mo.-based thermal and metallurgical coal producer, announced September 21 that the company has signed a definitive agreement with Drummond Company Inc. to purchase… Read More
Callan Marine, Ltd. acquired the assets of Bean Coastal, LLC, a subsidiary of CF Bean, LLC, at the end of 2017. The reason for the purchase was to acquire… Read More
In July 2018, JT Cleary officially became part of the Tully Group, a construction company located in New York City. The Tully Group is one of the largest… Read More
