Houston Natural Gas Corporation (HNG) has announced completion of the transaction to acquire the Alamo Barge group of companies. The operating name of the new HNG subsidiary is Alamo Barge Lines, Inc. The previously announced acquisition agreement,
In a major expansion move intended to consolidate towing and barging operations under unified management, Mon River Towing, Inc. of Belle Vernon, Pa., has acquired Hillman T r a n s p o r t a t i o n Company's fleet of coal barges and its coal transportation contracts.
Richard N. Weeks, president of Weeks Stevedoring Co., Inc., 216 North Avenue East, Cranford, N.J. 07016, has announced the recent acquisition of two barge-mounted cranes to complement their fleet of floating cranes now numbering 18. Formerly owned and operated by Prolerized Schiabo Neu Co.
Houston barge company Kirby Corp. recently announced that it signed an agreement to purchase the assets of Sabine Towing & Transportation Co. from Sequa Corp., New York-based parent of Sabine, for $37.25 million. Kirby plans to pay for the purchase with