Marine link
 

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.


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


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.


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


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


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


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


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


Marcon Reports Sale of Tugs and Barges

After the earlier sale of the U.S. flag, ocean single skin petroleum tank barges "B No. 120" and "B No. 130" from Bouchard Transportation of New York and the Marshal Islands flag "450-2" from Crowley Maritime of Seattle earlier in the year to overseas interests, Marcon International, Inc. of Coupeville, WA is pleased to report the further sale of three additional large tank barges and three ocean-going tugs. All nine of


Total Eyes Sale of its Fuel Retailing Business in Turkey

Total aims to exit its fuel distribution business in Turkey and has asked Societe Generale to lead the sale, sources said on Friday, as the French oil producer looks to scale back in a highly competitive and regulated market. Turkey has some of the steepest fuel prices in Europe but heavy taxes


ConocoPhillips Weighs Sale of North Sea Assets in Norway

ConocoPhillips Inc is weighing sale of some of its North Sea assets in Norway which may fetch as much as $1 billion, Bloomberg reported, citing sources familiar with the matter.   The largest independent producer of oil and natural gas may sell assets that are operated by others including


Towboat Delivered to Tidewater Transportation & Terminals

Crown Point (Photo courtesy of Tidewater Transportation & Terminals)

Tidewater Transportation & Terminals takes delivery of new towboat Crown Point from Vigor Industrial to be deployed in Tidewater’s Columbia and Snake River service mid-April   Tidewater Transportation and Terminals, headquartered in Vancouver, Washington


Chevron Hires Norce Endeavour for Thailand Ops

Norce Endeavour. Pic courtesy: Solstad Offshore ASA

 Solstad Offshore ASA (SOFF) has fixed the 2011-built 18,000 dwt crane barge Norce Endeavour to Chevron for work in Thailand next year for around 200 days.   Solstad has received confirmation from Chevron in Thailand for the 2016 Offshore Installation Campaign utilizing its Derrick Lay


Vigor’s Tacoma Yard Delivers Breasting Barges to Foss

Photo courtesy of Vigor Industrial

Vigor Industrial expands its newbuild capacity in Washington; Tacoma yard delivers three breasting barges   Fabrication teams at Vigor Industrial’s Tacoma, Wash. shipyard have delivered three 60’ x 24’ x 15.5’ breasting barges to Foss Maritime


Solving the LNG Propulsion Puzzle

GTT’s membrane technology is Class certified by all major regulatory agencies and has been in service since 1967, encompassing over 300 LNG ships to date.

The last piece of the LNG infrastructure puzzle, in the form of North America’s first LNG bunker barge, falls into place at Conrad’s Orange, Texas Shipyard. With continued debate over new emissions standards and compliance dates hanging over the heads of operators in the Emission


Krill Systems Partners with Six Maritime

In recognition of the growing demand for Krill Vessel Fuel Management Systems (VFMMS) worldwide, including certain regions that are currently experiencing political instability, Krill Systems Inc. announced the signing of a general partnership agreement with Six Maritime to perform sales and


Design Standards for US Barges Carrying LNG

The U.S. Coast Guard’s (USCG) Office of Design and Engineering Standards released CG-ENG Policy Letter 02-15 to provide interim guidance for the design standards for barges carrying liquefied natural gas in bulk.   As interest in the use of LNG as a maritime fuel has increased


AWO Urges for Congressional Support

At the Annual Barge-In, members of the American Waterways Operators discuss economic, environmental and commercial issues with members of Congress. (Photo: American Waterways Operators)

Nation's Tugboat, Towboat and Barge Industry to Call on Congress: Urge Support for Vessel Discharge Reforms, American Jobs and Waterways Reliability   The American Waterways Operators (AWO), the national trade association representing the tugboat, towboat and barge industry


Singapore Registers Double-Digit Bunker Fuel Sales Growth

Photo source: Maritime and Port Authority of Singapore

 Maritime and Port Authority (MPA) of Singapore said that Singapore bunker fuel sales rose 5.34% month on month and up 12.33% year on year, to 3.58 million mt in March reports Platts.   The vessel arrivals in Singapore for bunker fuel rose to 3,295 in March, up 9


Spotlight on Intermodal River Transport

Photo: Ingram Barge Company

Ingram Barge Company’s towboat, the M/V Miss Shirley, arrived at America’s Central Port in Granite City, Illinois, transporting containers via barge as part of a demonstration to show the viability of intermodal river transportation.  


LNG Barge: Conrad to Build Historic First

The first 2,200cbm LNG Barge for North America will deliver in 2016. Image: GTT

WesPac Midstream LLC (WesPac) and its affiliate Clean Marine Energy LLC (CME), announced a construction contract with Conrad Orange Shipyard, Inc., a division of Conrad Shipyard, LLC, to build the first dedicated LNG bunker barge for the marine market in North America. The first 2,200 cu. m


US Tank Barge Regs Loom, Laborde Presses Mitsubishi’s 'Mechanical Advantage'

Martin Mitsubishi-Nov 2015 WEB.jpg

Owners of tank barges eye November 15, 2015 with trepidation, as by then they must ensure that tank barge power units meet USCG Class 1, Division 1 requirements for non-sparking machinery in a hazardous environment. Laborde Products – with the “mechanical advantage of the


River Dance: Grounding Launches Runaway Barges, Coast Guard Investigation

Randy Oneill.jpg

It has been said that the vast majorities of collisions at sea occur in near perfect weather conditions. That trend can also be applied to the inland river system. Not too long ago, it was a beautiful mid-summer afternoon in the nation’s heartland


Great Lakes Shipyard Awarded Contract for Work Barges by USACE

 Newbuilding at the Great Lakes Shipyard in Cleveland, OH (photo courtesy of Great Lakes Shipyard)

  Great Lakes Shipyard in Cleveland has been awarded a new construction contract by the United States Army Corps of Engineers for two 38-foot work barges, the company announced today.    The two new steel work barges will be used by USACE Rock Island District as a working






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