Centerline Logistics gotten Saltchuk Marine Services’ California ship refueling organization, presently run by subsidiaryFoss Maritime Company
According to a news release from Centerline, this “major acquisition” unites the consolidated capacities of 2 of the country’s leaders in oil transport, reinforcing Centerline’s setting as a carrier of all the time bunkering (ship refueling) solutions.
Through this growth, Centerline will certainly “substantially grow” its existing California bunkering procedures with the purchase of Foss’s 6 shelter barges in addition to its well established client agreements in the California market. Centerline presently runs 8 shelter intrude the ports of Los Angeles as well as San Francisco, component of a nationwide fleet of aquatic transport vessels offering clients along theWest Coast, Gulf Coast as well as East Coast.
“Safe as well as functional ship refueling is necessary to maintaining vessels as well as profession relocating via American ports,” said Matt Godden, President and CEO of Centerline Logistics. “As among the biggest bunkering drivers in the United States, we are delighted concerning the harmonies this purchase will certainly supply to our clients.”
Centerline Logistics was established in 1987 as an oil transport organization concentrated mainly on offering ship refueling as well as basic oil transport. Today, the firm’s oil solutions fleet consists of dual hull barges outfitted with vapor healing tools, container tracking, alarm system as well as inert gas systems. Over the training course of 2020, Centerline has actually decided to seek an approach concentrated on reinforcing its top solution offering– risk-free oil transport.
Centerline was stood for by Orrick, Herrington & & Sutcliffe LLP on the deal as well as Saltchuk Marine was stood for by Foster Garvey COMPUTER.