U.S. Shipping Company Description
U.S. Shipping Partners (USSP) cruises coastwise between US ports, delivering refined and specialty petroleum and chemical products. The company operates a fleet of about a dozen vessels, including tug-barge units and tankers. USSP's main customers are major oil and chemical companies. BP, SeaRiver Maritime (a unit of Exxon Mobil), and Shell together account for about half of the company's sales; other customers have included Dow Chemical and Hess, . An investment group led by private equity firm Sterling Investment Partners owns about 40% of USSP, plus a general partner interest that gives it control of the company.
View the Comprehensive Company Description for U.S. Shipping
The Company Description provides a historical perspective of U.S. Shipping's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of U.S. Shipping's evolution in the marketplace.
