Home About UsPublicationsForumsConsultingContact Us
Back to Earlier Search Results New Search Logout

Links

CMA Shipping 2011

Marine Money Forums

Marine Money Asia Week

Freshly Minted Newsletter

Marine Finance Dashboard

Kirby Expands & Consolidates

Last week, Kirby Corporation announced that it had acquired the coastwise tank barge fleet of Seaboats Inc. consisting of three 80,000 barrel tank barges and tug units for $42.3 million in cash. With an average age of five years, the barges, which are sisters to the four Kirby currently operates, and the tugs currently operate along the East Coast. Kirby financed the purchase by drawing down on its $250 million credit facility.

This is only an excerpt of Kirby Expands & Consolidates

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login

Username
Password
 


Related Archive Files

  • No Related Post

Written by: | Categories: Freshly Minted, The Week in Review | December 22nd, 2011 |

Tags: · ,

Leave a Reply

You must be logged in to post a comment.

Copyright 2008. Marine Money. All Rights Reserved.