Kirby to purchase CGBM’s inland tank barge fleet
Save to read list
Alex Hithersay Editorial Assistant
Tanks and Terminals,
Tuesday, 13 November 2018 10:00
Kirby Corp. has announced the signing of an agreement to acquire substantially all of CGBM 100 LLC's inland marine tank barge fleet for an undisclosed amount.
Under the terms of the agreement, Kirby will acquire 27 of CGBM's 10 000 bbls inland marine tank barges which have a total capacity of approximately 270 000 bbls.
The closing of the acquisition is expected to occur in 4Q18 and is subject to customary closing conditions.
Read the article online at: https://www.tanksterminals.com/storage-tanks/13112018/kirby-to-purchase-cgbms-inland-tank-barge-fleet/
You might also like
Catalysts 2019 is an online conference for professionals in the downstream sector. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free.
Register for free today »
Friday 19 July 2019 09:45
Venture Global has secured binding commitments of over US$10 billion for its US$5.8 billion Calcasieu Pass LNG construction financing.