Louisiana’s Crosby Tugs invests in green shipping start-up

(Courtesy Float Freight)

Galliano-based Crosby Tugs has invested in green shipping start-up Float Freight, a sustainability-focused barge transportation company that harnesses the industry’s latest technology to provide carbon-neutral inland marine transportation solutions.

In an announcement made last week, the companies say that Float Freight will work with the Crosby Group’s existing marine asset network along with a team of dedicated engineering, operational, and commercial support staff.

Starting immediately, Float Freight will offer multiple weekly sailings on fixed schedules and what it calls “friendly” booking terms. Based in Houston and Galliano, the company will initially offer direct service from New Orleans, Mobile, and Cameron, as well as Mexico.

“We aim to make the U.S. Marine Highway system accessible for any size company by providing low cost and predictable inland marine solutions,” Float Freight Managing Director Mike Little said in a statement.

Float Freight’s services include low-cost transshipment and direct discharge options for the project, heavy lift, bulk, breakbulk, and container sectors. The company also has the ability to support clients that need more of a “just in time” arrival schedule, or clients that require dedicated assets for their cargo.

Read the full announcement.