CONVENT, La.--(BUSINESS WIRE)--Turn Services is proud to announce its plans to acquire Marine Fueling Service, Inc. (MFS), a distinguished company with 65 years of service in the Golden Triangle area and the Intracoastal Waterway (ICWW) in Texas. Owned by the Bean family for over six decades, the company’s commitment to its people, safety, excellence and customer satisfaction aligns perfectly with Turn Services' core values.
MFS has built a strong reputation providing fleeting, shifting, towing, boat charter, fuel, and lube services, both dockside and midstream. Strategically located at the intersection of the ICWW, Neches, and Sabine Rivers, this expansion strengthens Turn Services’ operational capabilities and service offerings. The location can accommodate 140 barges, including dry, liquid, pressure, CDC, deck, and oversize barges. The acquisition includes eight motor vessels with 1000 to 2000 horsepower.
Christopher L. Bean, President of MFS, expressed his sentiments on the acquisition: "For over 65 years, our family has dedicated itself to building Marine Fueling Service into a trusted and reliable provider in the marine industry. This journey would not have been possible without the hard work and dedication of our exceptional employees and numerous others. We are happy that Turn Services wants to continue our dedication to our employees and commitment to quality of service.”
Mario Muñoz, President of Turn Services, added, "The acquisition of Marine Fueling Service marks a significant milestone for Turn Services. We are excited to expand our capabilities and continue delivering top-notch services to our clients in the Golden Triangle area and beyond. The acquisition of MFS is the latest step in our strategy to expand our footprint along the Gulf Coast shipping corridor. Like Turn Services, MFS has a long and storied history of providing safe and efficient marine transportation services to barge line customers. Therefore, the acquisition is a perfect fit as we continue focusing on our core business services. I'd like to thank the Bean family for entrusting us to carry forward the business they built spanning several generations."
The acquisition is expected to close by mid-August 2024.
Turn Services, founded in 1990 and headquartered in New Orleans, Louisiana, is one of the largest independent fleeting and shifting companies in the United States. We offer a broad range of barge related resources including cleaning, repair and vessel services along the Lower Mississippi River from Baton Rouge to the mouth of the river. We also offer towing services on the Gulf Intracoastal Waterway from Texas to Florida.
Marine Fueling Service, Inc. provides marine support services. The company offers fleeting, shifting, towing, boat charter, fuel and lubricant supplies, dry cargo barge cleaning, potable water delivery by barge and, and crane services. Marine Fueling Service serves customers in the State of Texas.
