Macquarie Weighs $600 Million Sale of Centerline Logistics

Macquarie Group Ltd. is exploring a sale of Centerline Logistics, a provider of marine petroleum transportation services, according to people with knowledge of the matter.

The Australian firm is working with Evercore Inc. to solicit interest from potential suitors including pension funds and infrastructure-focused investment firms, some of the people said. Centerline could fetch about $600 million, including debt, in a sale, the people said.