Finn Dixon & Herling LLP served as legal counsel to Moran Towing Corporation in its acquisition of Bisso Towboat Co., Inc. Terms of the transaction were not disclosed.
Moran Towing Corporation, founded in 1860, is a privately owned marine service provider operating in 17 ports along the U.S. East and Gulf Coasts, offering ship assist, LNG terminal support, and cargo transport services.
Bisso Towboat Co., founded in 1890 and based in the New Orleans area, is a well-established provider of ship assist and towing services along the Lower Mississippi River. Known for its modern fleet and reliable operations, Bisso has a strong regional reputation.
This acquisition strengthens Moran’s capabilities in a key strategic market and supports its growth across the Gulf Coast and beyond.
The FDH deal team included Corporate partner Colin S. McKeon and associates Jeffrey Regester, Kendall Kirk, and Mike Papaleo. The Debt Finance team included counsel Thomas A. Aragona and associate Lucy Isaev.