Magnolia Marine adds new towboats, plans further expansion
Published: August 13,2013
VICKSBURG — Magnolia Marine Transport Co. has added two new towboats to its fleet and is planning for additional expansion.
Vice president of operations Roger Harris tells The Vicksburg Post the vessels Miles Madison and Anna Elise were christened on June 29.
Magnolia already has 19 towboats and 68 barges in service, Harris says.
The company’s clients include its parent, Ergon as well as petroleum companies ConocoPhillips, Exxon-Mobil, Shell and Marathon.
The two vessels were built in Greenville by Nichols Shipyard at a cost of $6.5 million each.
More boats and barges are expected to join the fleet, Harris said.
“The company has at least five more vessels planned for construction over the next four years,” Harris said.
The Miles Madison is a 3,000-horsepower fixed-wheelhouse towboat and will be used to push petroleum barges on the Mississippi River and its tributaries, Harris said.
The Ann Elise used a retractable wheelhouse for increased navigational efficiency, allowing it to slip under low bridges in the Chicago, Pittsburgh and Houston areas, Harris said.
The vessels are named in honor of two of Ergon CEO Leslie Lampton’s great-grand-daughters, Miles Madison Roberts and Ann Elise Walker.
Magnolia is the second Vicksburg river transport company to expand this year.
In May, Golding Barge Line christened the 2,600-horsepower Pat Golding and announced plans for an additional towboat and a new office building.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Ridgeland property rights tussle is expected to have wide impact
- Host families prepare for Mississippi Braves’ season
- JOSH MABUS — Mississippi’s Healthcare: Not a quality problem, a marketing problem
- Mississippi takes an incentives licking, keeps on ticking
- Investors in Northbrook complex say Ridgeland targeting its own collateral for demolition
- AWAITING ITS FATE: Gables complex may have to shrink to meet law
- PHIL HARDWICK: When will Mississippi change its culture?
- HUNTER ARNOLD: Mississippi, Gulf Coast states focus on global business markets
- Mississippi furniture makers on rebound with more exports