Ingram Barge Acquires 92 Barges from Investment Fund

Tuesday, August 17, 2010

Ingram Barge Company announced the acquisition of 92 barges, including 17 tank barges with 10,000 barrel capacity, 62 jumbo covered hopper barges with fiber lift covers, and 13 jumbo open hopper barges from an affiliate of Ospraie Special Opportunities Fund.  All of the acquired barges were built between 2004 and 2008. Ingram’s plans for the tank barges include deployment for use in a variety of liquid trades and plans for the hopper barges include deployment in the grain, utility, and various other dry cargo trades.

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