Kirby purchases barge fleet from Seaboats
by MBJ Staff Published: December 22,2011
Tags: barges, mergers and acquisitions, river, tugs
GREENVILLE — Kirby Corporation has purchased the coastwise tank barge fleet of Seaboats Inc. and affiliated companies consisting of three 80,000-barrel coastwise tank barge and tug units for $42.3 million in cash. The three coastwise tank barge and tug units currently operate along the East Coast and have an average age of five years. Financing [...] [...]
