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TIDEWATER BARGE LINES

Foss Tugboats Leave Columbia River

Foss Maritime Co. will lay off its 60 workers and leave the Columbia River, OregonLive.com reported. OregonLive said the Seattle company will sell its Columbia River business to Tidewater Barge Lines, which moves grain and other cargo along the Columbia-Snake river system, pitting Tidewater against Shaver Transportation Co. in another line of business, transporting river pilots and maneuvering large cargo vessels in and out of ports. OregonLive.com  


Tidewater Elects President

Tidewater Barge Lines, headquartered in Vancouver, Wash., has appointed Stephen A. Frasher as president and COO. Frasher, who holds an MBA from New York University, has 27 years of experience in the transportation industry, including time with Burlington Northern and Conrail.


Tidewater To Build New Vessels For $300M

Tidewater Inc. will build new vessels for a total of about $300 million. The company plans to fund the program using its current cash balances, which exceed $150 million, its projected cash flow and its existing $200 million line of credit. Currently, Tidewater is debt-free. The new vessels will include large Anchor Handling Towing Supply vessels and large Platform Supply vessels, company officials said. The company expects delivery of the new vessels to begin in two years


Tidewater To Build 12 New Vessels

Tidewater Inc. signed contracts to build a total of 12 new vessels for $305 million, electing to build eight vessels at two Far East shipyards and four at its subsidiary, Quality Shipyard L.L.C. The $305 million in new build commitments - which fulfills its January 2000-announced plan to spend $300 million upgrading its fleet - falls on the heels of Tidewater's recent purchase of eight similar vessels from The Sanko Steamship Co., Ltd.


Tidewater CEO Taylor to Retire

(Image: Courtesy Tidewater Inc. www.tdw.com)

Tidewater Inc. (NYSE:TDW) announced today that Dean Taylor, its President and CEO since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors, and serve as Tidewater’s non-executive Chairman of the Board.  Jeffrey M. Platt will become Tidewater’s new President and CEO effective June 1, 2012


Tidewater Orders Two LEEVAC Platform Supply Vessels

Photo: LEEVAC

LEEVAC Shipyards Jennings LLC, Jennings, LA, announced it has signed contracts with Tidewater Marine, LLC of New Orleans, LA to build two LEEVAC Design Services “LDS ” Platform Supply Vessel (PSV), a 300’ x 62’ x 24’ diesel electric PSV with options for two additional vessels. The LDS 300 DE PSV will have a deadweight capacity of 5400 LTs and will carry more than 17,600 barrels of liquid mud


International Markets Keep Tidewater Earnings Strong

New Orleans-based Tidewater Inc. reported its second quarter earnings recently, citing improving rental rates throughout international markets. During the quarter that ended Sept. 30, Tidewater posted net earnings of $86.5m, or $1.56 per share. In the same period a year ago, the company reported net earnings of $104.2m, or $1.86 per share. The higher earnings a year ago were boosted by the sale of 11 vessels. Tidewater officials said improving rental rates are keeping the company on a


Tidewater CFO To Retire

Tidewater has noted that its executive vice president and CFO, Ken C. Tamblyn will retire on August 31. Following a 20-year career as a partner with the accounting firm KPMG, Tamblyn joined the company as CFO in 1986. J. Keith Lousteau, Tidewater's senior vice president and treasurer was appointed Tamblyn's successor. A 23-year veteran of the company, Lousteau will assume the position of CFO. Tidewater also promoted Joseph M


Tidewater CFO To Retire

Tidewater has noted that its executive vice president and CFO, Ken C. Tamblyn, will retire on August 31. Following a 20-year career as a partner with the accounting firm KPMG, Tamblyn joined the company as CFO in 1986. J. Keith Lousteau, Tidewater's senior vice president and treasurer was appointed Tamblyn's successor. A 23-year veteran of the company, Lousteau will assume the position of CFO. Tidewater also promoted Joseph M


Tidewater’s O'Malley Officially Steps Down

Tidewater Inc. (NYSE:TDW) announced on March 28 that William C. O'Malley, the company's Chairman, President and CEO for most of the past eight years, has officially stepped down as Tidewater's CEO, handing over the reins of leadership to Dean E. Taylor. Taylor, 53, has served as President of Tidewater since October 2001 when O'Malley, 65, announced his impending retirement at the end of March 2002. Taylor's career with Tidewater started in 1978 where he served as an assistant manager in the


Great Lakes Shipyard Performs USCG Drydocking

Photo: Great Lakes Shipyard

On April 25, Great Lakes Shipyard hauled out the U.S. Coast Guard’s 125’ x 52’ Aids to Navigation Barge (12001). Using the Shipyard’s 770-ton Marine Travelift, the yard lifted the 620-ton AToN barge quickly and easily, and placed it on drydocking blocks.  


Damen Starts Building Two Transshipment Crane Barges

DAMEN Transshipment Crane Barge for Agribulk handling Photo Damen

Damen has commenced construction of two identical Crane Barge 6324 vessels. Designed as a particularly cost effective transshipment platform, the barges are being built on a speculative basis in response to client demands to ensure short delivery times.


Port of Little Rock Reports Strong May Volumes

Photo: Little Rock Port Authority

The Port of Little Rock has reported 73,000 net tons of total barge tonnage in May. Dock activities compared favorably over the previous year with Logistic Services, Inc. (LSI) handling 228 barges during the first five months of the year. 350


Tidewater Christens 2 New Towboats

Photo: Tidewater Transportation and Terminals

The two newest inland river towboats in Tidewater Transportation and Terminals’ fleet, Granite Point and Ryan Point, were christened during a late afternoon ceremony Saturday, June 11 at Vancouver Landing in Vancouver, Wash.   After Deacon Tim Dooley from Portland’s Holy Family


Barge, Tug Refloated near Absecon Inlet

Refloating of a barge and tugboat Courtesy USCG

The Coast Guard oversaw the refloating of a barge and tugboat Sunday near Absecon Inlet. The 77-foot Miss Katie experienced a loss of power Saturday and ran aground north of the Absecon Inlet, and the 135-foot barge drifted and ran aground on the south side of the north jetty.


Kirby Buys Seacor’s Inland Tank Barge Fleet

Photo: Kirby Corporation

 Kirby Corporation has agreed to purchase the inland tank barge fleet of SEACOR Holdings Inc. from subsidiaries of Seacor for approximately $88 million in cash. The asset purchase will consist of 27 inland 30,000 barrel tank barges and 13 inland towboats, plus one 30


Rodriguez Towboat For Mid-River

Dianna Lynn (Photo courtesy of Rodriguez Boat Builders)

Over the years, Rodriguez triple-screw shallow-draft towboats have won a following in the shallow waters of the Mississippi River estuary. Many of these boats are the distinctive aft-cabin Lugger-type of vessel. Recently Mid-River Terminals of Osceola, Ark


Foss Maritime Sells U.S. Flag Tug

Sale of “Benjamin Foss” by Foss Maritime Company of Seattle Photo Marcon International

Marcon International, Inc. of Coupeville, Washington informed the sale of the 1,700BHP “Benjamin Foss” by Foss Maritime Company of Seattle, Washington to private U.S. interests.   The 78.0’ x 26.3’ x 11.0’ depth x 9


Barge Breakaway on the Mississippi River

The U.S. Coast Guard said it is responding to an allision and barge breakaway on the Mississippi River at mile marker 43.7 near Thebes, Ill., Wednesday.   Tow vessel Michael G. Morris allided with the Thebes Railroad Bridge at mile marker 43


Response to Barge Breakaway Continues on the Mississippi

The U.S. Coast Guard continues to respond to an allision which occurred April 6 and resulted in a multiple-barge breakaway and two sunken barges on the Mississippi River near Thebes, Ill.   The Army Corps of Engineers completed a survey of the navigational channel and reports the channel is


JonRie Debuts Container Master Winches

Mardi Gras (Photo: JonRie)

JonRie Marine Winches has introduced its new Container Master Series of winches, featured on the new Crescent 92-foot ASD Mardi Gras. The new winch was designed with increased braking capability and rope capacity to handle the 8,000 TEU containerships calling on the Port of New Orleans


14 Appointed to NOIA Board

Logo

The National Ocean Industries Association (NOIA) elected 14 industry leaders to its Board of Directors on April 21, 2016 during its Annual Meeting in Washington, DC.   Appointed to first term on the Board of Directors: Galen Cobb, Vice President Industry Relations, Halliburton


New Tank Barge Delivered to Harley Marine

Fight A.L.S., a tank barge designed by EBDG and built by Vigor Fab, was delivered to Harley Marine Services in February (Photo: EBDG)

The newly built tank barge, the Fight A.L.S., was delivered to Harley Marine Services on February 19, 2016.   Designed by Elliott Bay Design Group (EBDG) and constructed at Vigor Fab in Portland, Ore., the 83,000 bbl tank barge joins Harley’s offshore fleet working the Gulf and East


USCG Uses Skiff Ice Boat to Rescue Injured Man

A Coast Guard rescue crew from Coast Guard Station Marblehead, Ohio, aboard a skiff ice, medically evacuates a man from a dredging barge in Lake Erie near Sandusky, Ohio, April 27, 2016. The crew used the skiff ice to remove the man because the water was too shallow for a boat. (U.S. Coast Guard photo by Station Marblehead)

The U.S. Coast Guard medically evacuated a man off of a dredging barge in Lake Erie near Sandusky, Ohio, Wednesday evening. At approximately 5:45 p.m., a good Samaritan called Coast Guard Station Marblehead, Ohio, to report two men on a dredging barge who needed help due to injuries.


Barge Master Wins Innovation Award at OTC

Photo: Barge Master

The Barge Master T40 motion compensated knuckle boom crane has been recognized for technological innovation, winning the Spotlight on New Technology Small Business Award at this year’s Offshore Technology Conference (OTC) in Houston.  






 
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