ACL to transport Canadian crude on U.S. waterways

DECEMBER 19, 2012 — American Commercial Lines (ACL) reports that it will begin transporting crude oil by barge on the U.S. inland waterways for MEG Energy (U.S.) Inc. (MEG Energy), a subsidiary of the Canadian oil company MEG Energy Corp. Crude oil will arrive primarily via pipeline and will be transferred to barges at storage terminals located on the inland waterways for transport by ACL to the Gulf Coast.

ACL is dedicating new tank barges built by its Jeffboat shipyard into service for MEG Energy, as well as using towboats newly repowered and refurbished for maximum efficiency and reliability.

“We are committed to providing MEG Energy with the highest quality equipment and the highest level of service by our team of experienced and dedicated maritime professionals,” said Mark Knoy, President and Chief Executive Officer of ACL. “Our investment underscores the value we place on MEG Energy’s business. They are an excellent addition to ACL’s portfolio as we advance our strategy of diversifying our business mix with a focus on liquids.”

Dan Jaworski, ACL’s Vice President Liquids Sales, added, “Our ACL team is proud to provide the significant economic and environmental benefits of inland barge transportation for our new, valued customer MEG Energy.”