Maritime Partners LLC reports that its flagship fund has acquired Centerline Logistics Corporation a leading marine transportation company operating along the West Coast, East Coast and Gulf Coast of the United States.
Maritime Partners LLC reports that its flagship fund has acquired Centerline Logistics Corporation a leading marine transportation company operating along the West Coast, East Coast and Gulf Coast of the United States. The transaction, which was first announced on June 24, 2025, closed on August 28, 2025.
The transaction incorporates Centerline into Maritime Partners’ growing portfolio of diversified marine assets, with Centerline’s highly experienced and dedicated management team remaining in place. In particular, Centerline’s CEO Matt Godden, will continue to lead the company as CEO and as a minority investor in Centerline, as the transaction seeks to ensure continuity of both leadership and Centerline’s longstanding reputation for operational excellence, safety, and customer service.
“We are thrilled to complete this acquisition and welcome Centerline into our growing portfolio of proven industry leaders and innovators,” said Maritime Partners CEO Bick Brooks. “Centerline’s position as one of the nation’s largest operators of Jones Act-qualified liquid petroleum barges, their best-in-class leadership team,
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