Updated at 11:03 a.m., Wednesday, August 15, 2007
Purchase of Honolulu's Smith Maritime completed
Advertiser StaffThe acquisition of Honolulu's Smith Maritime Ltd. by K-Sea Transportation Partners L.P. has been completed, giving the Seattle-based company a presence in Hawai'i. K-Sea said it also closed its purchase of Sirius Maritime LLC of Seattle.
"These transactions strengthen our operations on the West Coast and also expand our geographical presence to Hawaii, thus providing a further platform for future growth. We have also enhanced our ability to service those of our customers who have marine transportation requirements in more than one U.S. coastal market," said K-Sea President and Chief Executive Officer Timothy Casey in a news release.