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Terral RiverService Inc. Renews and Extends Agreement with Savage/CLECO

Terral RiverService Inc. is proud to announce the renewal of their vessel charter agreement with Savage/CLECO. The agreement is for the charter of three vessels to move petroleum coke to the CLECO Power Plant Facility on the Red River. The boats chartered for this job will run between New Orleans, LA and Boyce, LA. This renewal will extend the charter from 5 years to 10 years.

CLECO’s current power generation operations use a mix of coal, petroleum coke and natural gas. The electricity produced and transmitted by CLECO is provided to customers in 23 of Louisiana’s 64 parishes.

Currently, the M/V Johnny M, M/V Christy T and M/V Amy T all service Savage/CLECO in moving petroleum coke, a byproduct of refining oil and is used to fuel power plants.

The M/V Christy T was the first of 3 vessels built to service CLECO. She is 92’ by 30’, has 2,000 horsepower and has Caterpillar 3508 diesel engines.

Named after Johnny Martin, COO of Terral RiverService Inc., the M/V Johnny M has 2,000 horsepower, Cat 3508 electronic engines and was built by New South Marine in 2009.

The M/V Amy T was built in 2010, and is the sister boat to the M/V Johnny M and M/V Christy T. She was the final boat to be built and placed into service for this charter agreement.

Discussions resulting in the renewal and expansion of the Terral and Savage/CLECO agreement were led by Terral RiverService’s Vice President of Transportation Gabe Gattle.

M/V Christy T.

M/V Johnny M.