Crosby Marine Transportation, LLC has sought Chapter 11 protection. The marine towing and support services provider, associated with other entities under the Crosby name, hopes to reorganize its finances through the process. Operations are expected to continue as normal under the guidance of the court.
Crosby Marine Transportation, LLC Files for Chapter 11
Court filings state that the company made a voluntary filing on March 23, 2026. Case details can be found on PACER. This Chapter 11 process is underway in the U.S. Bankruptcy Court for the Eastern District of Louisiana.
Filing details add that attorney Benjamin W. Kadden of Lugenbuhl, Wheaton, Peck, Rankin & Hubbard is offering legal representation to the company. It further notes that Lawrence Perkins is the chief restructuring officer who signed the petition before its submission.
Three affiliates of Crosby Marine Transportation, LLC, also filed for bankruptcy on March 23, court filings available on RK Consultants show. These include Crosby Dredging, LLC, Bertucci Contracting Company, LLC, and Crosby Tugs, L.L.C.
Company Background
As one of the Crosby-branded entities, the debtor company has been offering maritime support services for years. Services include assisting oil tankers through shipping channels, responding to fuel spills and vessel fires, and towing ships and vessels.
According to the official website, based in Galliano, Louisiana, Crosby has been serving since its establishment in 1977. It currently has 130 tugboats and 850 employees who deliver solutions to more than 300 clients.
Case Related Details
As of now, Crosby Marine Transportation, LLC owes roughly 100 to 199 creditors in total. Court filings indicate that funds will be available for distribution to the unsecured creditors.
Further information listed in the Chapter 11 petition is:
- Filing Date: March 23, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Eastern District of Louisiana
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 26-10678
- Estimated Assets: $100,000,001-$500 million
- Estimated Liabilities: $100,000,001-$500 million
- Reason for Filing: Restructure business under court supervision
The company submitted a list of creditors who have the 20 largest unsecured claims and are not insiders. According to filing details, these creditors are Kirby Inland Marine Inc, Masse Contracting Inc, Retif Oil & Fuel LLC, and Diesel Source, Inc.
Crosby Marine Transportation, LLC’s bankruptcy filing marks a notable step as it readjusts its finances while maintaining its role in offering marine services.
