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Thu 3 Feb 2011, 13:06 GMT

Harley Marine acquires MGI


Twelve barges are added to Harley Marine's fleet in the US Gulf.

Marine transportation firm Harley Marine Services has expanded its service in the US Gulf by acquiring MGI Inc. of Houston, Texas.

Formed in 1976, MGI has eight vessels on long term charter but operate twelve double hull barges in all. Four of the barges transfer product between terminals, and eight are bunker barges that work in the Houston, Galveston and Lake Charles areas with two stationed in New Orleans.

"This business will be operated under Harley Marine Gulf incorporating all of the quality and safety procedures established within the Harley Marine family of companies," Harley Marine said in a statement.

"MGI has positioned itself well in the Gulf market and by adding equipment, Harley Marine will surpass its commitment, providing superior petroleum transportation and bunker services to its customer base," the company added.

Commenting on the acquisition, Harley Franco, Chairman and CEO of Harley Marine Services commented: “MGI will be a welcomed addition to the Harley Marine Family of Companies. HMS has always focused on safety, environmental stewardship, and customer service. MGI will strengthen our position in the Gulf region and move us toward our goal in becoming the leading provider of petroleum services nationally.”

"The transaction extends Harley Marine’s geographical presence to the Gulf Coast and will open the door to new opportunities to excel in the marine transportation industry," the company added.

Seatle-headquartered Harley Marine Services is a full service marine transportation company providing services along the United States West Coast, Alaska, New York/New Jersey Harbor and Gulf Coast including the transportation and storage of petroleum products, ship assist and escort, and the transportation of general cargo.

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