Kirby further expands its inland marine fleet with the purchase of Cenac Marine Services’ transportation fleet
In March, Kirby acquired the marine transportation fleet of Cenac Marine Services, LLC for approximately $244 million including 63 inland tank barges with approximately 1.8 million barrels of capacity, 34 inland towboats and 2 offshore tugboats. Cenac transported petrochemicals, refined products, and black oil, including crude oil, residual fuels, feedstocks and lubricants on the lower Mississippi River, its tributaries, and Gulf Intracoastal Waterway for major oil companies and refineries.