Moran Towing Corporation

Moran Towing Corporation is a trusted name in marine logistics services, boasting a history of over 160 years. The company stands out as a leading provider of various maritime activities, including ship docking, marine transportation, and LNG operations, as well as contract, specialty, and general towing services. It has an extensive tug fleet that services the most ports in the United States, as well as LNG terminals along the U.S. east and Gulf coasts, and the west coast of Mexico. Additionally, their barge fleet covers the U.S. Gulf and Atlantic Coasts, Puerto Rico, and the inland waters of the U.S. eastern seaboard. Moran Towing operates within three primary areas of business activity, including ship docking, LNG activities, and general towing, marine transportation of petroleum and dry bulk products, as well as contract and specialty towing. The company currently owns and operates 100 tugs and 30 barges, continually investing in advanced vessel construction to ensure fleet efficiency and growth. Moran's commitment to using state-of-the-art propulsion technology and vessel architecture contributes to enhanced performance and safety. With localized management, dispatch, and engineering functions in 17 ports, Moran ensures operational readiness 24/7. The company's strong reputation for successfully planning and executing large, complex, or demanding special projects stems from its vast experience, technical expertise, and good standing with government and regulatory agencies. Moran's emphasis on double-hull barge design and construction, particularly in its fleet of petroleum tank barges, underscores its commitment to safety and environmental responsibility. As of now, there is no publicly disclosed information available regarding Moran Towing Corporation's last investment or the involved investors. However, given the company's extensive presence and track record in the logistics and transportation industries, it remains an important player in the maritime sector, poised to attract potential investments in the future.