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Centerline Logistics provides marine transportation services across the United States, including the West Coast (and Alaska), New York Harbor, and the Gulf Coast. Its offerings cover the transportation and storage of petroleum products, ship assist and escort, transportation of general cargo, and rescue towing. The company relies on its experienced, valued employees and a strong focus on customer service to execute these operations and meet obligations to shareholders, the community, and the environment. Its goal is to deliver reliable, quality marine logistics services while maintaining a commitment to people, safety, and responsible operations.
Industries
Automotive & Transportation
Energy
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Seattle, Washington
Founded
1987
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Health Insurance
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Health Savings Account/Flexible Spending Account
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Paid Sick Leave
Paid Holidays
Health Savings Account/Flexible Spending Account
NEW ORLEANS, June 26, 2025 /PRNewswire/ -- Maritime Partners, LLC ("Maritime Partners"), a leading provider of maritime financing solutions primarily focused on Jones Act vessels, announces that on June 24, 2025, an entity controlled by one of its managed funds entered into a definitive agreement to acquire premier marine transportation company Centerline Logistics ("Centerline") from its principal investors, which include Macquarie Capital and Silverbox Capital co-founder and managing partner, Steve Kadenacy."Along with our outstanding partners at Macquarie Capital, we have supported Centerline's transformative acquisitions and expansion in recent years," said Centerline board member Steve Kadenacy. "We are proud of Centerline's unwavering commitment to safety, excellence and operational performance under our stewardship. Macquarie Capital's strategic vision and collaborative approach have been instrumental in driving Centerline's progress. We are confident that Maritime Partners is the ideal partner to continue this culture of excellence."Larry Handen, senior managing director at Macquarie Capital, added, "Macquarie Capital has been privileged to partner with Centerline's outstanding management team, particularly Matt Godden, the company's CEO, and his exceptional leadership team, who have consistently delivered superior results. We are confident the company will continue to thrive under Maritime Partners' deep expertise and proven track record in the maritime sector."Centerline – a leading maritime transportation provider and vital component of the United States' energy and shipping supply chain – operates one of the larger fleets of Jones Act-qualified liquid petroleum barges. As an essential service provider to its customers, Centerline has steadily grown in recent years to expand its fleet and service offerings."We want to invest in high-quality assets, companies and teams over the long run," said Bick Brooks, co-founder and CEO of Maritime Partners
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Industries
Automotive & Transportation
Energy
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Seattle, Washington
Founded
1987
Find jobs on Simplify and start your career today