Cashman Equipment Corp. (CEC) based in Boston, Massachusetts, USA, has a rich history dating back to 1995 when it started as a barge rental and marine contracting company. Over the years, the company has significantly expanded its fleet to over 120 vessels, including inland and ocean barges, accommodation barges, and specialized oil spill recovery barges and cranes. The company’s global presence is evident through its offices and fleets in the United States, Mexico, South America, Singapore/Australia, the Persian Gulf, West Africa, and the Caspian Sea. CEC’s affiliate companies, Servicio Marina Superior (SMS) and CHM Maritime SAPI DE C.V. (CHM), further expand its scope by operating tugs and barges in international markets and the Bay of Campeche, Mexico. Furthermore, CEC offers a diverse range of marine services, encompassing marine construction and general contracting, marine transportation, project cargo services, oil spill response services, marine accommodation services, and salvage and wreck removal support services. With its claim as the owner/operator of the world's largest fleet of ocean-going deck barges, CEC is well-positioned to cater to diverse marine support needs globally. The company's focus on Energy and Renewable Energy industries aligns with the increasing demand in these sectors. As of the latest available data, there is no information regarding recent investments or investors. However, given its extensive fleet and global reach, CEC presents an intriguing opportunity for potential investors seeking exposure to the marine and energy sectors.
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