Marine link
 

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 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


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 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


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’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


Vinalines, Vinacomin Sign MoU

Photo: Vietnam National Shipping Lines

 Vietnam National Shipping Lines (Vinalines) and Vietnam National Coal - Mineral Industries Group (Vinacomin - TKV) signed a memorandum of understanding (MoU) for a strategic co-operation agreement, Viet Nam News reported.   As per the agreement


Moose Boats Bags Order from Westar Marine

Image: Moose Boats

San Francisco Bay boat designer and manufacturer Moose Boats said it has been awarded a contract to construct multiple 75-foot semi-displacement USCG Subchapter-T passenger catamarans for Westar Marine Services in San Francisco, Calif. The first vessel will commence production in the spring of 2017


New Tug for Vane Brothers

Fishing Creek (Photo: Vane Brothers)

Vane Brothers has taken delivery of the 3,000‐horsepower Fishing Creek, the 13th Maryland-built tugboat to join the Baltimore-based company’s expanding fleet in the last 10 years.   Designed by Frank Basile, P.E., of Entech Designs, LLC


VT Halter Marine Names Socha Senior VP

Robert A. Socha (Photo: VT Halter Marine)

U.S. shipbuilder VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has appointed Robert A. Socha as Senior Vice President of Business Development and Estimating, effective January 30, 2017.   In his role


Harley’s Latest tug begins service

MV Earl W Redd, Photo Harley Marine 2017

The latest addition to the Harley Marine fleet is now completing sea trials and preparing to enter service. The “M/V Earl W. Redd” will be operated under the flag of the Olympic Tug & Barge unit of Harley. The 120 foot tractor tug, built by Diversified Marine Inc


Richmond Express Starts Operation at RMT

Barge Photo Virginia Port Authority

The Port of Virginia’s new barge – the Richmond Express arrived in the Norfolk Harbor and scheduled to sail Sunday and be at Richmond Marine Terminal (RMT) Monday, Feb. 6. This new barge helps reduce congestion on I-64 and wear-and-tear on the road by taking trucks off of that


Marcon Sells Ocean-going Tank Barge

Photo source:Marcon International PR

Marcon International, Inc. of Coupeville, Washington started out the New Year right with the sale of the ocean-going, combo deck / tank barge “PCC Provider” on 3rd January to Alaskan buyers.   The 5,451 mtdw, 250’ x 74’ x 19’ depth barge was specifically


Innovative Boats: Marine News' Best of 2016

Image: Vard Marine

Marine News looks back at the past 12 months and showcases the best of North America’s workboat design shop and shipyard output.   In a year where some stakeholders might not rank 2016 as the best of years in the shipyard or on the waterfront, we might disagree


R.W. Fernstrum: Keeping Things Cool for 67 Years

Sean Fernstrum (Photo: R.W. Fernstrum & Company)

Founded by Robert W. Fernstrum 67 years ago, R.W. Fernstrum & Company is currently run by its third generation of Fernstrum. This long-tenured maritime staple has seen its fair share of maritime cycles, and in today’s challenging market it is not standing still


Crane Barge Drydocked at Great Lakes Shipyard

Photo: Great Lakes Shipyard

Ryba Marine’s crane barge CT-150 (150’ x 50’ x 10’) was recently in drydock at Great Lakes Shipyard for maintenance and repairs.   Great Lakes Shipyard’s contract, awarded by Ryba Marine on October 28, 2016, included drydocking


Crowley Sells Ice-breaking Cargo Barge to Tagiuk

Crowley Marine Services has sold a 205’ x 90’ x 15’ former ice-strengthened, icebreaker / cargo barge, Arctic Endeavor, to Tagiuk LLC., the ship broker Marcon International, Inc. reported.   The 3,029mtdw barge was built in 1982 by Gunderson Bros


Mississippi River Reopened after Barge Breakaway

The Mississippi River has been reopened for restricted vessel traffic after a barge breakaway on Saturday lead the U.S. Coast Guard to close the section from mile marker 771 to mile marker 750 approximately 20 miles north of Memphis, Tenn.  


US Awards $4.85 Mln for Waterways Projects

U.S. Transportation Secretary Anthony Foxx today announced $4.85 million in grants to six Marine Highway projects along the waterways of 17 states and the District of Columbia. The goal of the Maritime Administration’s Marine Highway Program is to expand the use of U.S


C&C Marine and Repair Delivers Double Skin Tank Barge

Photo: TSGI

The Shearer Group, Inc. (TSGI) announced the completion of a 200’ x 35’ x 12’ double skin tank barge.    TSGI was contracted by C&C Marine and Repair, LLC to provide contract design services. The barge is the first of a series of double skin tank barges that will


Towing Industry Safety: AWO & USCG Joint Analysis … By the Numbers

Source: USCG

For 16 years, the National Quality Steering Committee has used three measures to track overall trends in safety and environmental protection. While not all-encompassing, the measures are considered to be useful indicators of towing industry trends. The measures are:






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright