The U.S. Kirby Corporation, a company that deals with the transport of bulk liquids on the system of the Mississippi river system and Gulf of USA, has completed the acquisition of fellow K-Sea Transportation Partners, a company that operates shipping services and logistics for the transport cabotiero bulk liquid along the west coast and the eastern United States and the U.S. Gulf and in Alaska and Hawaii, with a fleet of tugs and barges. The transaction is valued at 604 million dollars, of which 228 million in cash.
K-Sea's fleet consists of 58 barges with a total capacity of 3.8 million barrels and 63 tugs.
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