Seminole Chooses L&R Midland to Sell Fleet

Tampa-based Seminole Electric Cooperative, Inc. has chosen L&R Midland, Inc., Houston, as its exclusive broker for sale or lease of vessels from Seminole's marine fleet. Seminole's fleet consists of 14 towboats and 111 superjumbo open hopper barges. The vessels are available due to Seminole's move to an all-rail system for transporting coal to its generating station in Putnam County, Fla. The vessels are fleeted in several locations. Interested parties should contact L&R Midland at tel: 713-316-2062; fax: 713-680-9704 or email: [email protected] for additional information and bid procedure packages. Proposal openings are scheduled for December 1. Final contracts are expected to be negotiated in January 2000.