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Barge Sales

Tank Barge Report

Currently, Marcon International, Inc., the ship sale & chartering firm, has 62 inland tank barges available for sale, down from 124 in June 1996. Most of these are typical U.S. inland river units of approximately 30 years of age (vs. an average active U.S. inland fleet age of 24 years). Marcon also has listed and available for sale a total of 41 ocean and coastwise barges compared with 50 in June 1996. Most of these are older single skin units. Even with OPA 90 retirement dates approaching and double skins being built, the firm reports not seeing any great numbers of U.S. single hull tank barges coming on the market - especially from the ocean and coastal fleets. There is a wide split in price ranges for those vessels for sale. Older charter-free units, either out of certificate or coming up on drydocking and internal structural inspections, are being offered out at prices as low as $3.50-5.50 per BBL for inland units, $10-15 per BBL for mid-size ocean units and even as low as $3.70-4.70 for larger ocean units. Barges with both active certificates and actively trading are maintaining their higher price levels based more on the value of that trade than the bare barge itself. Asking prices for these range above $10 per BBL for inland units, $40-50 per BBL for mid-size ocean barges and $17-30 per BBL for the larger units above 16,000dwt.


Tank Barge Report

Currently, Marcon International, Inc., the ship sale & chartering firm, has 62 inland tank barges available for sale, down from 124 in June 1996. Most of these are typical U.S. inland river units of approximately 30 years of age (vs. an average active U.S. inland fleet age of 24 years). Marcon also has listed and available for sale a total of 41 ocean and coastwise barges compared with 50 in June 1996. Most of these are older single skin units.


ACL Buys ConAgra Barge Fleet

ConAgra Inc., the second largest U.S. food manufacturer, said last week it agreed to sell American Commercial Lines LLC (ACL) its large U.S. inland barge fleet and operations. Financial terms of the deal, which ConAgra said was part of ongoing series of strategic divestments, were not announced. But ACL will acquire 930 owned and chartered barges, nine chartered towboats and one dry dock, the companies said in a joint statement. The deal includes Peavey Barge Lines, Brown Water Towing Inc


300th Tug Brokered by Marcon Int'l

Marcon International, Inc. of Coupeville, Washington reported the sale of the U.S. flag, twin screw tug “Pacific Patriot” (ex-Pacific King) from Kirby Marine Offshore to U.S. West Coast buyers on private terms.   This was the 300th tug brokered by Marcon and 1,351st sale or charter since the sale of the vintage and some would say very “classic” 1950s built, 135’ supply boat “Low Tide” from Tidewater in the early 1980s.


Bouchard Wins Industry Safety Award

Bouchard Transportation Co., Inc. Vice President of Operations & Sales Morty Bouchard IV accepts the AMS Tug & Barge Safety Award from AMS President Lee Seham at the American Maritime Safety 25th Annual Membership Meeting on Thursday, October 23, 2014 (Photo: AMS)

Bouchard Transportation Co., Inc., an independently-owned oceangoing petroleum barge company, received the 2014 AMS Tug & Barge Safety Award from the American Maritime Safety, Inc. (AMS) on Thursday, October 23. The award, accepted by Morty Bouchard IV, Vice President of Operations & Sales, recognizes the implementation of outstanding compliance programs that serve to enhance crewmember efficiency and the safe operation of tug and barge vessels in the U.S. coastal waters


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 9.7’ draft, tug was built in 1980 by Main Iron Works of Houma, Louisiana as Hull 352 - the first in a series of seven “Super D” class, advanced, medium size tugs contracted in 1979


Conrad Industries 2010 Results and New Business

Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced its fourth quarter and twelve months 2010 results and the addition of new business during the first quarter totaling $75.2 million. For the quarter ended December 31, 2010, Conrad had net income of $3.3 million and earnings per diluted share of $0.51 compared to net income of $2.8 million and earnings per diluted share of $0.43 during the fourth quarter of 2009. The company had net income of $10


10,000dwt Ocean Deck Barge Sold

Marcon_Sale.jpg

The 10,000dwt, Vanuatu flagged ocean flat deck barge "DRC/Blake 1" (ex- Eide Barge 35, Pacific Horizon, MB-100, SLB-1 and SLB-2) was sold to private South American buyers, marking the second time that Marcon International, Inc. of Coupeville, Washington has sold this heavily-built unit.   Marcon previously sold her from Horizon Offshore of Houston, Texas to Eide Marine Services of Norway in 2004. "DRC/Blake 1's" dimensions are 100m x 30m x 7


U.S.-based Hercules Offshore Sells Most of Inland Fleet

Hercules Offshore agrees sale of 11 inland barge rigs, which includes three active rigs, eight cold stacked rigs and related assets  (Inland Asset Package) for cash proceeds of approximately $45 million. Excluded from the 'Inland Asset Package' are the Hercules 27, for which the Company has a separate agreement to sell the rig to a third party for $5 million, the Hercules 52, and the Hercules 9.  The Company will also retain existing working capital within the Inland segment


Marcon Broker Crowley Push-Tug Sale

ex-PT Barrow push-tug: Photo credit Marcon International

Marcon International, Inc. has brokered the sale of another tug from Crowley Marine Services, Inc. to Island Tug & Barge Co., of Seattle, Washington. Marcon inform thatt the sale of the ABS +A1, Towing, +AMS classed, 2,100BHP shallow draft ocean towing / push tug "Pt. Barrow" closed during the 3rd week of July, 2013, adding that the tug is already getting a fresh paint job with ITB's colors with her new name "Island Wind", and she will promptly be again underway


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


POSCO Production at Indiana Ports to start in 2017

The fifth largest steel producer in the world, South Korea’s POSCO, announced it will build a wire rod processing center at the Port of Indiana-Jeffersonville. Left to right Woon Hyun Yeo, Sales Director, POSCO; Kyu Tae Kim, Finance Director, POSCO; Kenny Hwang (sitting), President, POSCO-AAPC; Rob Waiz, Economic and Re-development Director, City of Jeffersonville; Mike Moore, Mayor, City of Jeffersonville; Scott Stewart, Port Director, Port of Indiana-Jeffersonville; Wendy Dant Chesser, CEO, On

Officials from POSCO, the Ports of Indiana and community leaders gathered to break ground today on POSCO's new wire rod processing center at the Port of Indiana-Jeffersonville. POSCO is a multinational company headquartered in Pohang, South Korea


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.


Cargotec Logs Higher Profits

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Cargotec's January-March 2016 interim report: Profitability improved according to target   * Strong order intake in Kalmar and Hiab   * MacGregor profitability satisfactory considering current market situation   * Strategy execution proceeding as planned  


West Calcasieu Port to Undergo Waterfront Upgrade

West Calcasieu Port officials have awarded a $1.6 million construction contract to Orion Marine Construction, Inc. for the replacement of bulkheading along the port’s waterfront on the Gulf Intracoastal Waterway.   “The West Cal Port Board of Commissioners was impressed with the


Venezuelan Crude Sales to US Declined 7% in March

Exports of Venezuelan crude to the United States fell almost 7 percent in March versus the same month of 2015 to 793,581 barrels per day (bpd), according to Thomson Reuters Trade Flows data, affected by delays at the country's main oil port.  


Otto Marine Offloads Support Vessel for $38mln

SOC ENDEAVOUR. Pic: Otto Marine Limited

 Singapore-based Otto Marine Limited has signed a  Memorandum of Agreement to sell a Work Maintenance Vessel known as SOC  ENDEAVOUR to an unspecified party through  its wholly owned subsidiary,  Koi  Marine Limited.   


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 on the Mississippi Ongoing

The U.S. Coast Guard siad it is continuing its response to an allision resulting in a barge breakaway on the Mississippi River near Thebes, Ill., Wednesday.   An Incident Command Post has been established at Marine Safety Unit Paducah. Lt. Cmdr. Heather Stratton is the Incident Commander.


Barge-Rail Effective, Draws Additional Trains to Portland Port

Courtesy Port of Portland

Coordinated efforts create outlet for Oregon agricultural producers Piggybacking on the success of the Upriver Container Barge-Rail Shuttle program, Northwest Container Service announced they would increase rail service from twice a month to weekly starting in April


Norwegian Archipelago Orders ProZero Workboat

Image: Tuco Marine

Norwegian Archipelago Services purchases another ProZero 10.5 meter workboat; Holmestrand Municipality commissions the vessel for the Archipelago services   Norwegian Archipelago Services has bought a second ProZero workboat. The vessel was sold by Tuco Marine in Denmark in close


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


Navios Sells 2 Chemical Tankers for $72.9 Mln

Navios Maritime Acquisition Corporation has agreed to sell two chemical tankers to an unaffiliated third party for a sale price of $74.6 million, resulting in an expected book gain of approximately $11.7 million, the company announced today.


Waterways Are the Greenest Way to Go

Photo courtesy of AWO

In celebration of Earth Day 2016, The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI) released a fact sheet highlighting the many environmental and energy efficiency benefits of our nation’s waterways.    Among them, Did You Know...  


AWO, Stakeholders 'Barge In' at Capitol Hill

American Waterways Operators discuss U.S. jobs, vessel discharges and national security with members of Congress during annual Barge-In. (PRNewsFoto/American Waterways Operators)

American Tugboat, Towboat and Barge Industry Urged Support for American Jobs, Vessel Discharge Reform, and Waterways Infrastructure.   Members of the American Waterways Operators, the national trade association representing the tugboat, towboat and barge industry






 
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