Texas-based Genesis Energy, a company that deals with the supply and transportation of crude oil and petroleum products in the U.S. Gulf region, bought for $ 141 million of the fleet of fellow Florida Marine Transporters (FMT) and its subsidiaries. It is 30 barges for the transportation of crude oil and 14 tugs and pushers who will support the fleet of DG Marine Transportation (Grifco), a subsidiary of Genesis Energy, which consists of 20 barges and 10 tugs and pushers.
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