American Commercial Lines Will Transport Petroleum Products by Inland Barge for
SeaRiver Maritime Inc.
JEFFERSONVILLE, IN -- (Marketwire) -- 01/30/13 -- American
Commercial Lines (ACL) is pleased to announce that it has entered
into an agreement with SeaRiver Maritime Inc., a marine affiliate of
Exxon Mobil Corporation, to provide petroleum barge transportation
services on the U.S. inland waterways.
As of January 1, 2013, ACL has entered into a multi-year agreement
with SeaRiver to transport liquid cargoes via its mainline service
and in unit tows.
"We look forward to partnering with SeaRiver to transport ExxonMobil
cargoes on the inland waterways," Mark Knoy, President and Chief
Executive Officer of ACL, stated. "This is an exciting opportunity as
we continue to diversify our business mix with a focus on liquid
cargoes and add the highest caliber shippers to our customer
portfolio. To meet the needs of SeaRiver and all of our valued
customers, we have condensed our traffic patterns for maximum
efficiency, refurbished our boat fleet for improved reliability, and
are adding liquid capacity with new 30,000-barrel tank barges built
with the highest quality craftsmanship by our manufacturing division
Dan Jaworski, ACL's Vice President Liquids Sales, added, "ACL's team
of experienced and dedicated maritime professionals is proud to
provide SeaRiver with the highest level of service, as well as the
significant economic and environmental benefits of inland barge
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 which operates in the United
States Jones Act trades. The Company is headquartered in
Jeffersonville, IN, has approximately 2,300 employees and operates a
fleet of approximately 100 tow boats and 2,000 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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