Norfolk Tug acquires startup James River Barge Line

(NORFOLK, Va.) — Norfolk Tug Co. bought James River Barge Line Inc. for an undisclosed price, the Daily Press of Newport News, Va., reported. T. Parker Host Inc. sold off the container cargo line because of the weak economy. The federally subsidized barge line’s maiden voyage between Richmond and Hampton Roads is scheduled for just a few days from now.
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By Professional Mariner Staff