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PARKER TOWING

Parker Reports Loss For Quarter

Parker Drilling Company reported unaudited revenue of $105 million and a net loss of $7.7 million or a $.10 loss per diluted share for the three months ended November 30, 1998. The prior year's results for the same quarter reflect total revenue of $109.9 million and net income of $10.7 million or $.14 per diluted share. "The industry continues to experience the effects of the most dramatic drop in energy prices since the 1980s," said Robert L. Parker Jr., president and CEO. "Parker's strategy is to curtail costs and concentrate our marketing efforts in areas showing greatest potential," he added.


Guilty Plea for Price-Fixing Conspiracy

An Italian subsidiary of a U.S.-based company has agreed to plead guilty and to pay a $2.29m criminal fine for participating in a conspiracy to rig bids, fix prices and allocate market shares of marine hose sold in the United States and elsewhere, the Department of Justice announced. A one-count felony charge was filed on Feb. 16 in U.S. District Court in Houston, against Parker ITR S.r.l., a manufacturer of marine hose, headquartered in Veniano, Italy


Frink Retires From Parker Drilling

Shelby Frink, vice-president of operations support, retired from Parker Drilling Company after 43 years of service with the company. He began his career with Parker in 1956 as a roughneck working in Texas and New Mexico. He worked his way through the ranks of the company by holding several international field and management positions. In 1975, Frink assumed the role of Western Hemisphere operations manager and in 1978 moved to Easstern Hemisphere operations manager


Collapsed Mississippi Gulf Rig Leaves 8 Injured

A Coast Guardsman and a Gulfport Fire Department paramedic aboard a Coast Guard helicopter tend to an injured worker from the jack-up rig Parker 14 J that collapsed off the Mississippi-Louisiana coast yesterday. (U.S. Coast Guard photo). The 41 people aboard an offshore drilling rig that collapsed off the Mississippi-Louisiana coast yesterday afternoon have been rescued. Eight people were injured in the accident and were taken by New Orleans-based Coast Guard helicopters to


Spill Control Association Names New Directors

From left to right: John Allen, SCAA Executive Director; Mike Gallagher, Harry Bedrossian, Devon Grennan and Andrew Altendorf, SCAA President (Photo: SCAA).

The Spill Control Association of America (SCAA), a professional association representing oil spill removal organizations (OSRO), spill managers, qualified individuals, consultants, equipment and material manufacturers, distributors, insurers, and educational and governmental organizations, announced the appointment of three new SCAA Directors and the renewal of a fourth Director for another two-year term.  The appointments were announced at the Annual Meeting on March 8 in Alexandria


US Flies Italian Exec to Florida in Extradition

The United States has extradited a former executive of an Italian marine hose manufacturer to face price-fixing charges in what the Justice Department said was its first extradition on antitrust charges. Romano Pisciotti, a former executive with Italy's Parker ITR SRL, was extradited from Germany and arrived in Miami on Thursday to face a single count of rigging bids and allocating market share in the marine hose industry, the department said.


Osprey Chooses White Water Marine

White Water Marine, of Sayville, N.Y., has been named the nation's newest dealer for Osprey Boat Company. The Silvana, Wash. builder selected White Water to represent them exclusively in New York. That decision was based on White Water's outstanding reputation and extensive experience with pilothouse-style boats, including Albin and Parker. Osprey builds boats from 21 to 29 ft. The Fisherman series, available in 22, 24 and 26 ft. lengths all share the same 8.5 ft


Metropolitan Stevedore Restructures

Metropolitan Stevedore, west coast stevedore and terminal operating company, has restructured with several promotions. Albert J. Garnier was appointed vice president in charge of the company's operations; Timothy J. Parker was elected vice president overseeing business development; and Albert B. Roach was named vice president overseeing equipment, labor relations and special projects. Promoted to the position of assistant vice president are Leonard W


Three Companies Form Subsea Global Solutions

The Subsea Solutions Alliance between three underwater service companies – Miami Diver LLC, Parker Diving Service and Trident BV – formed one corporate entity, Subsea Global Solutions. The company performs complex underwater ship repair for major ship equipment Manufacturers, commercial marine, cruise and offshore oil and gas vessel operators. Rick Shilling, Chief Operating Officer, for Subsea Global Solutions said “We continue to expand our global presence


Mercy Ships in National Volunteer Week

Dr. Gary Parker (right) & Daughter, Susan: Photo credit Mercy Ships

Mercy Ships pauses during National Volunteer Week (April 21-27, 2013) to salute its volunteer crew on behalf of the more than 2.42 million direct beneficiaries. These beneficiearies have received curative surgical interventions, health care training, dental procedures and community development projects in more than 70 countries. As Scott Pelley of CBS 60 Minutes recently said, “Spend a few days as we did aboard the Africa Mercy


Concordia Expected to Reach Genoa Saturday

The Costa Concordia wreck is expected to reach Genoa Saturday (Photo courtesy of Titan Salvage)

The Crowley Maritime Corp. subsidiary TITAN Salvage and partner Micoperi have confirmed that the Costa Concordia – the Concordia class cruise ship that wrecked along shores of Giglio Island, Italy, in January 2012 – has been refloated and has begun its final voyage to an assigned berth


Upcoming Maritime Recruitment Fair at CMTI

Maritime Studyies Lecture: Image courtesy of CMTI

Chesapeake Marine Training Institute (CMTI) says that Norfolk Tug will be among the maritime companies recruiting new talent at its professional mariner job fair August 13, 2014, from 9 a.m. to 3 p.m. at the CMTI campus in Hayes, Va. CMTI adds that Vane Brothers will also be on hand


MTU Powers Fleet of Inland Waterway Towboats

Installing new MTU engines has improved Southern Towing’s fuel consumption and maneuverability.

Industry-leading Ironmen diesel engines power four new builds and two repowers in Southern Towing’s inland waterway fleet MTU, the specialist for propulsion and power systems for ships and commercial marine equipment, has been selected by Memphis-based Southern Towing Company to power six


Crowley Christens New DP2 Tugboat

Jennifer Legg christens Ocean Sky: Photo Crowley Maritime

Crowley Maritime Corp. said that the third of four tugboats in the Ocean-class series, Ocean Sky, has been christened in Houston. The ceremony served to formally welcome the third dynamic positioning (DP) tugboat to the company’s expanded ocean towing fleet


Costa Concordia Refloating Begins

Refloating Costa Condordia: From Parbuckling Project video

The Concordia refloating operation has started informs the 'Parbuckling Project' web site. At 6 am Monday,  the Senior Salvage Master, Nick Sloane, reached the Remote Operations Center located on the Concordia with the rest of the team, having been given the green light by the Italian


MT Bison Delivered to Buksér og Berging

MT Bison. Image courtesy of Sanmar Marine

Turkish shipbuilder Sanmar Marine announced the recent delivery of the Robert Allan Ltd. designed FiFi1 escort tug Bison to Norwegian owner Buksér og Berging AS. In essence, Bison is a RAstar 2800/80 escort/terminal ASD tug measuring 28.2m x 12


Costa Concordia Salvage: Day 1 Timeline

Salvor aboard Costa Concordia Day 1: Photo Parbuckling Project

The first day of the refloating operation of the Costa Concordia has concluded successfully. Confirming technician’s estimations, the wreck is now afloat thanks to the buoyancy given by sponsons, 2.2 meters off the false sea bed, and  has been towed for about 30 meters eastwards


Changes in Towage Charges at Hay Point Port, Australia

Effective from 1 August 2014, there will be a single towage charge of $49634.20 (excl GST) - $55497.62 (incl GST) for all vessels calling at the port of Hay Point. In relation to towage charges for the services to the BMA Hay Point Coal Terminal


Engineers Attach Final Tow Chains to Costa Concordia

Salvage going to plan, hulk due to depart July 21. Engineers were securing the final chains to the Costa Concordia on Tuesday, preparing the wrecked luxury liner to be towed away from the Italian island where it sank two and half years ago, killing 32 people.


Dutch Crane Barge Assists Concordia Refloat

Dutch crane barge Conquest MB1 assists salvage operations for the refloat of Costa Concordia (Photo courtesy of Conquest Offshore)

Costa Concordia floats again; Dutch Crane barge Conquest MB1 stays around for assistance. The disaster cruise ship Costa Concordia floats again, and Dutch company Conquest Offshore reported that the work of its Conquest MB1 crane ship and her crew is almost done


USCG Responds to Disabled Duck Boat

Image

  Coast Guard watchstanders coordinated a tow of a disabled tour boat near McCovey Cove in the San Francisco Bay, Tuesday afternoon.  At approximately 12:30 p.m., Coast Guard Sector San Francisco watchstanders received a report from a *local tour boat, Ride the Duck


Great Lakes Towing Hosts Networking Event

Photo: The Great Lakes Towing Company

The Great Lakes Towing Company hosted a WIRE-Net networking event at Great Lakes Shipyard in order to celebrate manufacturing and innovation in Cleveland and Northeast Ohio. More than 100 attendees gathered on the banks of the Cuyahoga River to connect with other manufacturing professionals


Costa Concordia almost Ready for Final Voyage

Costa Concordia

  The massive hulk of the Costa Concordia is nearly ready to be towed away from the Italian island where it struck a rock and capsized two-and-a-half years ago, killing 32 people, officials said on Sunday. The rusting prow of the once-gleaming white luxury liner was due to emerge fully from


Third RAmparts 2500 Tug for SMIT-Rebras

SMIT Panará (Photo: Robert Allen Ltd.)

Keppel Singmarine BrasilLtda. (KSMB), of Navegantes, Brazil has recently completed the construction of the SMIT Panará, the third of a series of six Robert Allan Ltd. designed RAmparts 2500 tugs, for SMIT Rebocadores do Brasil (Rebras), of Rio de Janeiro


Eastern to Build Offshore Vessel for Harvey Gulf

Image: Eastern Shipbuilding

Eastern Shipbuilding announced that on, Wednesday July 16, 2014, Harvey Gulf International Marine, Inc. (HGIM) and Eastern Shipbuilding Group, Inc. (ESG) entered into a contract to construct a new Robert Allan, LTD. (RAL) RAmpage 6400 Multipurpose Field Support Vessel (MPFSV) at Eastern’s






 
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