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American Commercial Lines Inc. ("ACL" or the "Company") (Nasdaq: ACLI | Quote | Chart | News | PowerRating) today announced that it has entered into a long-term industrial development lease agreement with O'Rourke Marine Services, LP of Houston, TX. Under the lease agreement, O'Rourke will provide full-service towboat fueling and lubricant services to the inland marine industry from ACL's property in Channelview, TX. The agreement provides O'Rourke with a strategic operating location in the Houston ship channel. In addition to fueling and lubricant services, O'Rourke will collect used oil and bilge discharge at their new facility. "This partnership is a win for both ACL and O'Rourke," Dan Jaworski, General Sales Manager of Liquids for ACL, stated. "Having O'Rourke as a tenant at our Channelview facility will enable us to more efficiently fuel our towboats, and, as part of the agreement, O'Rourke will utilize ACL's towing and barge services as the need arises." American Commercial Lines Inc., headquartered in Jeffersonville, Indiana, is an integrated marine transportation and service company operating in the United States Jones Act trades, with approximately $1.2 billion in revenues and approximately 3,400 employees as of December 31, 2008. For more information about American Commercial Lines Inc., visit www.aclines.com. SOURCE American Commercial Lines Inc. http://www.aclines.com For full details on American Commercial Lines Inc (ACLI) click here. American Commercial Lines Inc (ACLI) has Short Term PowerRatings of 10. Details on American Commercial Lines Inc (ACLI) Short Term PowerRatings is available at This Link.
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