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ARCHER DANIELS MIDLAND

New Barge Fleeting and Switching Operation in Cairo Harbor

 American River Transportation Company (ARTCO), a subsidiary of Archer Daniels Midland Company (ADM), today announced plans to launch new barge fleeting and switching operations in the Cairo, Illinois, harbor starting January 1, 2016.    The Cairo harbor is a vital hub in the inland waterway supply chain. The new operation will be based in Wickliffe, Kentucky, and will provide fleeting and switching operations from mile 948 on the Lower Mississippi River to mile 29 on the Upper Mississippi and mile 974 on the Ohio River.   “ARTCO is the only company in the inland waterway system that can provide a self-contained supply chain to our customers, which allows us to provide better, more efficient and cost-effective service,” said Jason Porter, vice president, ARTCO operations. “This new location provides strategic access to the Lower Mississippi, Upper Mississippi and Ohio Rivers and will allow ARTCO to directly provide a complete range of services in the Cairo market without relying on any third-party support, giving our customers a truly one-stop solution to meet their worldwide transportation demands.” 


Cargill to Build Grain Terminal in West Memphis

U.S. agribusiness Cargill Inc said it will build a grain handling facility in West Memphis, Arkansas, to purchase corn, sorghum, soybeans and wheat that the company could ship down the Mississippi River to U.S. Gulf Coast export terminals. Minneapolis-based Cargill, one of the world's largest private companies, said on Thursday it will invest $45 million in the terminal in West Memphis, located on the western bank of the Mississippi


Seminole Chooses L&R Midland to Sell Fleet

Tampa-based Seminole Electric Cooperative, Inc. has chosen L&R Midland, Inc., Houston, as its exclusive broker for sale or lease of vessels from Seminole's marine fleet. Seminole's fleet consists of 14 towboats and 111 superjumbo open hopper barges. The vessels are available due to Seminole's move to an all-rail system for transporting coal to its generating station in Putnam County, Fla. The vessels are fleeted in several locations


First Bulk Carrier Delivered to ADM of US

Newly developed bulk carrier with MALS

  The first unit of a new bulk carrier developed by Mitsubishi Heavy Industries, Ltd. (MHI), a vessel offering superlative energy efficiency and environmental performance, was delivered today to Archer Daniels Midland Company (ADM) of the U.S., one of the world's foremost grain processors, following its completion at Oshima Shipbuilding Co., Ltd. of Nagasaki, an MHI licensing partner. The incorporation of a wide spectrum of innovative technologies - including MHI's proprietary Mitsubishi


South Carolina Container Volume Up 7%

New economic study attributes 1 in 12 Midlands jobs to Port operations   The South Carolina Ports Authority announced a fiscal year-to-date container volume increase of seven percent, with 678,033 twenty-foot equivalent units (TEUs) handled since July.   SCPA moved 164,734 TEUs in October. From a calendar year-to-date perspective, SCPA has seen container volume increase 11 percent over last year with 1,674,891 TEUs handled since January.   


Atwood Delays Drillship duo by Two Years

Rob Saltiel, President and Chief Executive Officer Photo Atwood Oceanics

Atwood Oceanics, Inc. announced today that it has agreed with Daewoo Shipbuilding & Marine Engineering Co. ("DSME") to delay the requirement to take delivery of Atwood's two newbuild ultra-deepwater drillships, the Atwood Admiral and the Atwood Archer, by two years to September 30, 2019 and June 30, 2020, respectively. In connection with the delay, Atwood will make a payment of $125 million for the Atwood Archer on or before December 15, 2016


This Day in Naval History - May 06

1909 - Great White Fleet anchors in San Francisco. 1916 - First ship-to-shore radio telephone voice conversation from USS New Hampshire off Virginia Capes to SECNAV Josephus Daniels in Washington, DC. 1942 - CAPT Milton Miles arrives in Chungking, China, to begin building an intelligence and guerilla training organization, Naval Group China. 1945 - Naval landing force evacuates 500 Marshallese from Jaluit Atoll, Marshall Islands. (Source: Navy News Service)


This Day in Naval History – May 6

1909 - Great White Fleet anchors in San Francisco 1916 - First ship-to-shore radio telephone voice conversation from USS New Hampshire off Virginia Capes to SECNAV Josephus Daniels in Washington, DC 1942 - CAPT Milton Miles arrives in Chungking, China, to begin building an intelligence and guerilla training organization, Naval Group China 1945 - Naval landing force evacuates 500 Marshallese from Jaluit Atoll, Marshall Islands


This Day in Navy History

September 19 1915 - SECNAV Josephus Daniels organizes the Naval Consulting Board to mobilize the scientific resources of U.S. for national defense. 1957 - Bathyscaph Trieste, in a dive sponsored by the Office of Naval Research in the Mediterranean, reaches record depth of 2 miles 1992 - Joint Task Force Marianas stands down after providing assistance to Guam after Typhoon Omar September 20 1911 - Navigational instruments first requested for naval aircraft.


Ariel Adds New Sales/Marketing Staff

Anil Sethi, Managing Director of Ariel Maritime and Ariel Global Logistics welcomed a new member of their Manchester based Sales and Marketing staff: Nigel Huntington joined their Sales Team in January 2014 and will be working out of the company’s Manchester head office. Huntington joins Ariel Maritime to spearhead their Business Development Dept. and boost sales in the Northeast and Midlands. arielmaritime.com


This Day In Naval History: August 12

Ticonderoga-class guided missile cruiser USS Lake Champlain (CG 57) (U.S. Navy photo  by Christopher Ware)

 1898 - USS Mohican and USS Philadelphia (C 4) crew members take part in official ceremonies marking the assumption of sovereignty of the Hawaiian Islands by the United States.   1918 - The Secretary of the Navy Josephus Daniels approves the acceptance of women in the Marine Corps


Northwest Seaport Alliance Extends Peak Season Gate Hours

Photo: Don Wilson / Port of Seattle

The Northwest Seaport Alliance said it will reimburse up to $2 million to extend gate hours at its international container terminals during peak season.   With a 3 to 5 percent increase in cargo volume forecasted during peak season, which will start in late August and continue through early


Holcomb to Speak at Indiana Logistics Summit

Newly-elected Indiana Governor Eric Holcomb Photo  Ports of Indiana

Newly-elected Indiana Governor Eric Holcomb will provide special keynote remarks at next week's Indiana Logistics Summit.  The two-day event is scheduled for Nov. 16-17 at the Indiana Convention Center and the Governor-elect will speak at 9 a.m. in the Sagamore Ballroom on Thursday, Nov. 17


Steel Handling Facility for London Thamesport

London Thamesport and the Armitt Group have signed an agreement for a purpose-built, 120,000 square feet specialist steel handling facility. Pictured at the signing are (l to r) Nicholas Marshall, Commercial Director Armitt, Clemence Cheng, Managing Director Hutchison Ports Europe (seated), Allan Seedhouse, Director Armitt, Charles Gray, Managing Director Armitt (seated), Mark Taylor, Director, Hutchison Logistics (UK) Photo  Hutchison Ports)

London Thamesport has signed an agreement with UK shipping agent and logistics company The Armitt Group for a purpose-built, 120,000 square feet specialist steel handling facility at the Kent port.   Construction of the first phase of 60,000 square feet is well underway


Grounded Tanker May Siphon LNG to Break Free

A fully loaded liquefied natural gas (LNG) tanker grounded off Nigeria last week may siphon its cargo to another ship after tugs failed to pull it free, owner Teekay LNG Partners said on Tuesday.   The Magellan Spirit tanker, carrying a full load of 165,000 cubic metres


Cummins' Carter to Retire

Pamela Carter (Photo courtesy: Cummins)

Cummins Inc. announced that Distribution Business President Pamela Carter, the first woman to lead one of the company's four main business units, will retire April 1. Carter, who became Indiana's first African American woman Attorney General in 1993, has been with Cummins since 1997


ADM to Sell 50% Stake in Brazil Export Terminal to Glencore

U.S. agribusiness company Archer Daniels Midland Co has agreed to sell a 50-percent stake in its Barcarena grain export terminal in northern Brazil to commodities trader Glencore PLC, the company said during an analyst call on Tuesday.  


Blocked Entrance to Santos Port to Open Overnight

Trucks will be able to access a blocked entrance at Santos, Brazil's largest port, at night while firefighters finish extinguishing a blaze at a nearby fuel-storage facility, city and port authorities said.   The more flexible rules will provide some relief for grain exports that have


Peel Ports Welcomes 3 Queens

Three of the world’s largest and grandest ocean liners - the Queen Mary 2, the Queen Elizabeth and the Queen Victoria  - paid a historic visit to salute the city of Liverpool, the original home of their owners, cruise-line

  Three of the world’s largest and grandest ocean liners - the Queen Mary 2, the Queen Elizabeth and the Queen Victoria  - paid a historic visit to salute the city of Liverpool, the original home of their owners, cruise-line company Cunard


Dun & Bradstreet to Focus on Core Commercial Strategy

  Dun & Bradstreet will acquire the entirety of Dun & Bradstreet’s ANZ business, including consumer risk and debt collection, and commercial solutions, for AUD $220 million. As part of the agreement, pending regulatory approval


ADM Joint Venture Acquires Brazilian Shipping Agency

Archer Daniels Midland Company (ADM) and Norton Lilly International announced that their steamship agency joint venture, Agri Port Services LLC, has acquired Brazilian port and shipping agency Blue Ocean Agencia Maritima Ltda. ADM was previously a part owner in Blue Ocean.  


Brazil Tarriff Hike to Impede U.S. Ethanol Exports

Brazil was due to publish a tariff increase of 11.75 percent on imported ethanol on Monday, and the traders in U.S. ethanol, which makes up the bulk of imports to Brazil, were concerned about the move, expected to benefit local mills. In late May, the Senate passed Bill 668


USN, RSN Achieve New Milestones During CARAT 2015

A Sikorsky S-70B Seahawk helicopter from the Republic of Singapore navy lands aboard the littoral combat ship USS Fort Worth (LCS 3) during deck landing qualifications as part of Cooperation Afloat Readiness and Training

  The U.S. Navy and Republic of Singapore Navy completed the 21st annual Cooperation Afloat Readiness and Training (CARAT) Singapore after 11 days of comprehensive training both at sea and ashore, July 24. CARAT Singapore featured a series of dynamic training engagements including a


Edison Chouest Opening Mississippi Shipyard

Gary Chouest, CEO, Edison Chouest Offshore

Edison Chouest Offshore locating shipbuilding operations, TopShip, LLC, in Gulfport, Miss.   Gov. Phil Bryant and officials from Edison Chouest Offshore, an offshore energy service and supply company, officially announced today the company is locating shipbuilding operations at the Port of


Giant Cranes Arrive at Port of Gulfport

Image: Mississippi State Port Authority

 Three new ship-to-shore gantry cranes for the Port of Gulfport are arrivined by ship and the port took delivery.   Manufactured in China at a cost of $30 million, the equipment is designed to meet the port's needs for the next 40 years.  






 
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