Seattle-based maritime transport company, Centerline Logistics, on Monday (28 December) acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company.
Centerline said this acquisition brings together the combined capabilities of two of the nation’s leaders in petroleum transportation, strengthening its position as a best-in-class provider of around the clock bunkering (ship refueling) services.
Through this expansion, Centerline will acquire Foss’s six bunker barges as well as its established customer contracts in the California market.
Centerline currently operates eight bunker barges in the ports of Los Angeles and San Francisco, part of a national fleet of marine transportation vessels serving customers along the West Coast, Gulf Coast and East Coast.
“Safe and versatile ship refueling is essential to keeping vessels and trade moving through American ports. As one of the largest bunkering operators in the United States, we are excited about the synergies this acquisition will deliver to our customers,” said Matt Godden, President and CEO of Centerline
“With Foss’s California bunker barges joining Centerline’s fleet, we will be in an even stronger position to provide our full suite of industry-leading maritime refueling services — from small vessels to the world’s largest ships.”
Over the course of 2020, Centerline has made the decision to pursue a strategy focused on strengthening its premier service offering – safe petroleum transportation.
Centerline and Foss noted there will be a short transition period during which Foss will continue to operate the bunker barges before Centerline takes operational control of the vessels.
Both companies added they look forward to partnering together during this transition to provide continuity of services.
Photo credit: Port of Los Angeles
Published: 31 December, 2020
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