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GATX Unit Buys Vessels
American Steamship, a unit of GATX (GMT Quote), said it acquired six vessels from Oglebay Norton Marine Services for $120 million.
Following the acquisition, American Steamship will operate a fleet of 18 vessels.
American Steamship has been operating on the Great Lakes since 1907 and was purchased by GATX in 1973. It transports a variety of dry bulk commodities including iron ore pellets, coal and limestone aggregates....
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