Company Purpose and Objectives
The investment objective of Chouteau Marine Investors, LLC is
to maximize total return by making investments in covered hopper barges employed in the transportation of dry bulk cargo
on the inland waterways of the United States.
The Company
took delivery on July 3, 2012 of seven new covered hopper barges built by Trinity Marine Products in Caruthersville,
Missouri. The barges have been placed with Heartland Barge Management of Columbia, Illinois to be managed in a pool
of similar barges from other owners under a Barge Management Agreement. A summary of the terms of the Barge Management
Agreement is provided in the "Members Only" section of this website.
The Company's seven
barges will be named AJS 101 through AJS 107, derived from the fact that the two Chouteau
brothers, Auguste and Jean-Pierre, played an important role in the founding of St.
Louis as a port on the Mississippi River. Their story is told in the book, The First Chouteaus: River Barons
of Early St. Louis, which is available on Amazon.com.