1322
Views

Harley Marine Services Acquires Offshore Assets from Enterprise Marine Services

Harley

Published Jan 7, 2016 5:53 PM by The Maritime Executive

Harley Marine Services, a full service marine transportation provider, has acquired certain offshore marine assets of Enterprise Marine Services LLC ("EMS), a subsidiary of Enterprise Products Partners, L.P. (NYSE: EPD)
 
The acquisition includes ten vessels: 6 double hull petroleum barges and 4 tugboats. Harley Marine will also acquire the expertise and knowledge of current Enterprise employees associated with these assets, making the transition smooth and seamless as the vessels are incorporated into the Harley Marine fleet and adapt to the company's policies and procedures. The acquired assets will be used in current operations to strengthen market presence and support long term customer demand and growth.
 
"Securing these assets supports our growth strategy and our focus on exceeding needs and expectations of our customers. The acquisition strengthens our market presence and allows us to grow with our customer's needs," Harley Franco, Chairman and CEO of Harley Marine Services. The company has maintained a steady growth record, both organically and through acquisitions, since inception, more apparent over the last few years with the adaptation of articulated tug barges (ATB's) to their fleet and the delivery of several new escort and assist tugs. Harley Marine Services remains resilient in the marketplace and delivers a quality program for their customers.

About Harley Marine Services

Harley Marine Services is a leading provider of marine transportation services in the United States, with operations along the West Coast (including Alaska), New York Harbor and the US Gulf Coast. Services provided include the transportation and storage of petroleum products, ship assist and escort, the transportation of general cargo and rescue towing. Harley Marine is dedicated to providing excellent customer service and maintaining our obligations to employees, shareholders, our community and the environment.

The products and services herein described in this press release are not endorsed by The Maritime Executive.