Inside Cruise Shipping s Fight For Survival marinelink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marinelink.com Daily Mail and Mail on Sunday newspapers.
Southern Towing Company Acquires Devall Towing
Maritime Activity Reports, Inc.
MV Laura Tamble. Photo: Southern Towing Company
Memphis, Tenn.-based Southern Towing Company (STC) said Tuesday it has acquired family-owned Devall Towing, in a deal that expands STC’s towing operations into specialty chemical products.
Headquartered in Sulphur, La., Devall is a towboat and barge operator for specialty chemicals along the Gulf Intracoastal Waterway and Lower Mississippi River, operating 36 towboats and 125 liquid tank barges.
The combination of Devall’s operations with STC’s upriver capabilities allows Devall and STC to provide integrated marine transportation solutions across the Gulf Intracoastal and U.S. inland waterways.
MISC Takes Delivery Of Seri Erlang -Its Second Very Large Ethane Carrier
MISC Berhad (MISC) has taken delivery of Seri Erlang, its second Very Large Ethane Carrier (VLEC) at the Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea. Purchased by MISC in July 2020, this VLEC is the second of the six contracted VLECs, purpose-built for long-term charter to Zhejiang Satellite Petrochemical Co. Ltd. (STL).
Seri Erlang will join her sister vessel -Seri Everest to safely transport ethane from U.S to China to support STL’s ethane cracker facility in China. Both VLECs are managed by MISC’s shipmanagement arm, Eaglestar Shipmanagement Gas (S) Pte. Ltd.