Southern Towing Company Acquires Of Devall Towing
Southern Towing Company Acquires Devall Towing Maritime Activity Reports, Inc. MV Laura Tamble. Photo: Southern Towing Company Memphis, Tenn.-based Southern Towing Company (STC) said Tuesday it has acquired family-owned Devall Towing, in a deal that expands STC’s towing operations into specialty chemical products. Headquartered in Sulphur, La., Devall is a towboat and barge operator for specialty chemicals along the Gulf Intracoastal Waterway and Lower Mississippi River, operating 36 towboats and 125 liquid tank barges. The combination of Devall’s operations with STC’s upriver capabilit...