Parker Towing Promotes Three
Parker Towing, a barging company in the southeastern U.S., announced it has promoted three employees.Jeremy Headley has been promoted to Director of Sales. Prior to Parker Towing, he worked in barge sales and logistics in the marine industry and as Operations Manager and then General Manager for an environmental services company in Birmingham, Ala. He joined the Parker Towing Company sales team in 2016. As Director of Sales, Headley will continue to work closely with our sales…
Former ‘Google Barge’ Sold
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 – 5,500dwt ocean barges continue to be fixed on previously arranged long-term charters. The most recent transaction is the purchase by private U.S. West Coast Buyers of the former “Google barge JMC 262” (ex-BAL0001, CIB 721) from Cashman Equipment Corp.
ACL 3Q Results
American Commercial Lines Inc. (Nasdaq: ACLI) ("ACL" or the "Company") announced results for the three and nine months ended September 30, 2008. Revenues for the quarter were $313.7 million, a 21% increase compared with $258.4 million for the third quarter of 2007. Income from continuing operations for the quarter was $18.4 million or $0.36 per diluted share, compared to $15.9 million or $0.30 per diluted share for the third quarter of 2007. Michael P. Ryan, President and Chief Executive Officer, stated, "The third quarter presented us with both challenges and opportunities. We again had multiple significant weather events, including two hurricanes, which limited our operating capabilities throughout the quarter.
TOP NEWS: Trinity in Legal Mess over Barge Corrosion
Florida Marine Transportation Inc., New Orleans, La. filed the charges in Louisiana State Court claiming the coating material inside the barge hull voids was a food source for bacteria that was causing the premature deterioration of the steel. There has been no reported problem with the tank holding the petroleum. The barge company said they had taken three of the 18 barges out of service due to the corrosion problem and they were working with the U.S. Coast Guard inspection department in New Orleans to investigate the problem. "We are working with the Coast Guard and the preeminent scientist in the country on this problem", said Jason Belcher, Florida Marine president. "We think this is an industry problem that will impact other carriers", Belcher added.
