Bouchard Transportation Co. Inc., the nation’s largest independently-owned oceangoing petroleum barge company, announced yesterday that it has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of Texas.
Melville, N.Y.-based Bouchard said that it intends to fund the Chapter 11 process with debtor-in-possession financing, which will provide the company with the liquidity needed to maintain normal operations while it undertakes certain key operational...
https://www.workboat.com/news/coastal-inland-waterways/bouchard-files-for-bankruptcy/