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Gulf Intracoastal and U.S. inland waterways towboat and barge operator The Southern Devall Group announced it has appointed…
February 5, 2021 By Waterways Journal Southern Towing Company (STC), an affiliate of CC Industries (CCI), announced February 2 it has acquired Devall Towing from the Devall family. Devall Towing is a towboat and barge operator for specialty chemicals along the Gulf Intracoastal Waterway and Lower Mississippi River. The company operates a fleet of 36 towboats and 125 liquid tank barges, as well as fleeting locations in Lake Charles, La., and Victoria, Texas, with combined capacity for up to 175 barges. Devall Diesel Services provi...
Press release content from Business Wire. The AP news staff was not involved in its creation. Southern Towing Company Announces Acquisition of Devall February 2, 2021 GMT CHICAGO--(BUSINESS WIRE)--Feb 2, 2021-- Southern Towing Company (“STC”), an affiliate of CC Industries (“CCI”), announced today it acquired Devall Towing (“Devall” or the “Company”) from the Devall family. Founded in 1952, Devall is a towboat and barge operator for specialty chemicals along the Gulf Intracoastal Waterway and Lower Mississippi River. The acquisition expands STC’s operations into specialty ch...
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...