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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 Promotes Greer, Handin & Vorst

Tidewater Inc. (NYSE: TDW) announced the promotions of Nelson Greer, Mark Handin and Darren Vorst to Vice Presidents of Tidewater companies, effective April 1, 2011.   Greer joined Tidewater in 1982, after completing 13 years in the British Merchant Marine. He completed the Harvard Business School General Management Program in 2006, and holds a Chief Engineer Unlimited Class 1 Engineering License. In his various management positions with Tidewater, he has been based in Angola, Nigeria


Former ‘Google Barge’ Sold

Photo: Marcon International

After concluding two 3,500HP tug sales on December 30, Marcon International Inc. has started 2015 with three ocean barge sales, and hopes to report on several additional sales before the end of this month. Five 4,500-6,000HP tugs, one 5,150BHP AHTS and two 3,200 – 5


Webinar to Demonstrate Barge Emissions Tool

Matthew Payne, Team Leader at SmartWay Transport Partnership, will lead the webinar.

The U.S. Environmental Protection Agency (EPA) and SmartWay will host a webinar for barge carriers and other interested stakeholders to demonstrate Barge Tool, designed to help companies calculate carbon, NOx and PM emissions from barge freight movement.  


Port of Redwood City Sees Cargo Increase

Photo courtesy of the Port of Redwood City

The Port of Redwood City experienced a five percent increase in cargo movement across its docks for the first half of fiscal year 2014/2015 that ended December 31, 2015.   Imported sand and aggregates accounted for 691,276 metric tons (MT)


LEEVAC Launches First PSV for Tidewater

LEEVAC Shipyards launched hull 367 for Tidewater Marine on Tuesday, January 27 (Photo courtesy of LEEVAC Shipyards)

On Tuesday, January 27, LEEVAC Shipyards Jennings, LLC launched hull 367, a platform supply vessel (PSV) designed by LEEVAC Design Services, LLC (300 DE-52 HAB PSV).   Hull 367, the first of a two-vessel newbuild program for Tidewater Marine, is LEEVAC’s first launch in 2015


USCG Respond to Ohio River Barge Collision

Barge on the Ohio river

  The Coast Guard is responding to a barge collision on the Ohio River near Joppa, Illinois, Wednesday. Coast Guard Sector Ohio Valley watchstanders were notified a collision took place between the towing vessel Christina Belcher, pushing two crude oil barges


Seawall Reinstatement at Royal Hong Kong Yacht Club

    For approximately four months, seawall reinstatement works will be carried out at the Yacht Club inside Causeway Bay Typhoon Shelter within the area bounded by straight lines joining the following coordinates (WGS 84 Datum) from (A) to (D) and the adjacent shoreline:


R.W. Fernstrum: Keeping it Cool

“Overall, 2014 has been a positive year for Fernstrum,” said Sean Fernstrum. “There is still growth in the U.S. offshore market; a positive for many in the industry. We have seen growth in other segments as well, tank barges and alternative energy.”  Sean Fernstrum President & Owner

Founded by Robert W. Fernstrum 65 years ago, R.W. Fernstrum & Company is now run by the third generation of Fernstrums who continue to build and extend its commercial marine heat exchanger business. Sean Fernstrum, President & Owner discusses the future.


Moran Sells Deck Barge to Private Buyers

U.S. flag, ocean deck barge “Norfolk” (ex-Columbia Norfolk, Ponce Trader, UMTB 331, MLC-331) (Image courtsy Marcon International)

Moran Towing Corporation of New Canaan, Connecticut have sold their U.S. flag, ocean deck barge “Norfolk” (ex-Columbia Norfolk, Ponce Trader, UMTB 331, MLC-331) to a private buyers on the U.S. East Coast who specialize in the transport of aggregates.


Antwerp Port Promoting Barge Projects

Instream campaign

Antwerp is the leading barge port in Europe. Now with its Instream campaign it is showcasing its barge facilities. Each week more than 915 barges call at the port of Antwerp carrying project cargo, containers and dry and liquid bulk to and from northern France, the Netherlands, Germany


Floating Production: What’s New in January?

Photo: Petrobras

  2014 Floater Orders – We thought it would be useful to provide a summary of floater orders placed last year. As listed below, 25 units were ordered during the year - 10 FPSOs, one Barge, four FLNGs, seven FSRUs and three FSOs.    FPSOs (10) • Kaombo CLM


New Barge for US Army Corps of Engineers

Photo courtesy of Steelways Inc.

Steelways, Inc. announced the departure of a U.S. Army Corps of Engineers Crane Barge, Snag Barge 1401.   Snag Barge 1401, a heavy duty crane barge built by Steelways Inc. in Newburgh, N.Y. for the Army Corp of Engineers for work on the Mississippi River


‘Securing’ the Inland Markets with Innovative Standardization

(All images courtesy of Patterson Manufacturing)

Patterson Manufacturing follows its substantial success in the barge winch markets with an equally impressive boat-to-barge coupling system.  In 2008, Pittsburgh-based Patterson Manufacturing Company developed the YoYo Barge Winch, a revolutionary design that reflected a total re-thinking


Largest Cargo Year Ever for Port of Indiana-Burns Harbor

Photo: Port of Indiana-Burns Harbor

Port of Indiana-Burns Harbor records 2014 as highest shipment year in its 44-year history   The Port of Indiana-Burns Harbor handled more shipments in 2014 than any year since the port opened in 1970. Total tonnage was up 30 percent over 2013 driven by strong shipments of steel


Sea Star Line Barges to Serve Puerto Rico Trade

Finalizing an agreement to service Puerto Rico trade, Sea Star Line, LLC will lease two barges with combined additional capacity of 800 forty-foot equivalent units (FEUS).   The weekly barge service, with a barge departing both San Juan and Jacksonville every Thursday


Sea Star’s Puerto Rico Service Start Date Advanced

After announcing last week a new weekly barge service from Jacksonville to Puerto Rico intended to commence on January 29, Sea Star Line has restructured assets and plans to move the start of the new service forward to January 22.   Sea Star is in the process of on-hiring 2






 
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