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If you're transporting refined petroleum products, it's OK to go by K-Sea. K-Sea Transportation operates a fleet of about 75 tank barges and about 65 tugboats to propel them. Overall, the company's fleet has a carrying capacity of about 4.4 million barrels. K-Sea serves major oil companies, refiners, and oil traders, primarily along the east and west coasts of the US. About 80% of its business comes from one-year or longer contracts; major customers include BP, Chevron, ConocoPhillips, Exxon Mobil, and Tesoro. Investment funds managed by Jefferies Capital Partners, an affiliate of Jefferies Group, own K-Sea's general partner, which manages the company's operations.
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| | | Contact Information | |
Address: |
1 Tower Center Blvd., 17th Fl.
East Brunswick, NJ 08816
| | Phone: | 732-565-3818 | | Fax: | |
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| Financial
Highlights | | Fiscal Year End: | June | | Revenue (2009): | 330.50 M | | Revenue Growth (1 yr): | 1.30% | | Employees (2009): | 992 | | Employee Growth (1 yr): | (-5.00%) |
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Key People
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Chairman:
James J. Dowling
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President, CEO, and Director:
Timothy J. Casey
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VP Operations:
Thomas M. Sullivan
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