American Commercial Lines to Begin Transporting Canadian Crude Oil by
Inland Barge for MEG Energy
JEFFERSONVILLE, IN -- (Marketwire) -- 12/19/12 -- American
Commercial Lines (ACL) is pleased to announce that it will begin
transporting crude oil by barge on the U.S. inland waterways for MEG
Energy (U.S.) Inc. (MEG Energy), a subsidiary of the Canadian oil
company MEG Energy Corp. Crude oil will arrive primarily via pipeline
and will be transferred to barges at storage terminals located on the
inland waterways for transport by ACL to the Gulf Coast.
ACL is dedicating new tank barges built by its manufacturing division
Jeffboat into service for MEG Energy, as well as towboats newly
repowered and refurbished for maximum efficiency and reliability.
"We are committed to providing MEG Energy with the highest quality
equipment and the highest level of service by our team of experienced
and dedicated maritime professionals," Mark Knoy, President and Chief
Executive Officer of ACL, stated. "Our investment underscores the
value we place on MEG Energy's business. They are an excellent
addition to ACL's portfolio as we advance our strategy of
diversifying our business mix with a focus on liquids."
Dan Jaworski, ACL's Vice President Liquids Sales, added, "Our ACL
team is proud to provide the significant economic and environmental
benefits of inland barge transportation for our new, valued customer
Barges are an efficient, economical, and environmentally friendly
mode of transportation. One tank barge has the cargo capacity of 46
rail cars or 144 trucks, an incredible economy of scale that provides
significant economic savings. Towboats also consume less fuel and
emit far less pollutants than locomotives or trucks, providing clean
and green transportation of liquid cargo.
American Commercial Lines Inc. is an integrated marine transportation
service company owned by Platinum Equity and operating in the United
States Jones Act trades. The Company is headquartered in
Jeffersonville, IN, has approximately 2,200 employees and operates a
fleet of approximately 120 tow boats and 2,300 barges. The Company is
the direct parent of Commercial Barge Line Company. For more
information about American Commercial Lines Inc., visit
Manager Corporate Communications
American Commercial Lines
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