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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


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


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


Hammond New International Sales Manager, Fairline Yachts

Robert Hammond

British luxury motor yacht manufacturer, Fairline Yachts, announces Robert Hammond as its new International Sales Manager. Robert will be responsible for Fairline's global sales operations and managing its worldwide dealer network.   A former military pilot, Robert


New Offshore Gangway Launched at ONS

Image: Bosch Rexroth

The new Barge Master Gangway will be presented at the joint booth of Barge Master and Bosch Rexroth during the international offshore trade exhibition ONS (Offshore Northern Seas) in Stavanger.   The next generation gangway, a result of cooperation between Bosch Rexroth and Barge Master


Advent Hires Banks to Sell Control of Brazil Port

Buyout firm Advent International Corp has hired Morgan Stanley & Co and Grupo BTG Pactual SA to advise on the sale of a controlling stake in TCP Terminal de Contêineres de Paranaguá SA, Brazil's second-busiest container port


MN100: SENNEBOGEN LLC

Photo: SENNEBOGEN LLC

The Company: SENNEBOGEN has been a leading name in global material handling for over 60 years. Stanley, North Carolina-based SENNEBOGEN LLC offers a complete range of purpose-built machines to suit virtually any material handling application


MN100: Kirby Inland Marine

Photo: Kirby Inland Marine

The Company: Kirby Corporation is a premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii


BAE Systems Delivers Tug to Seabulk Tankers

Sea Power (Photo: BAE Systems)

Built at BAE Systems’ Jacksonville, Fla. shipyard, the new tug Sea Power has delivered the tug Sea Power to Seabulk Tankers, Inc. to be used to enhance the shipper’s Jones Act coastal operation, powering barges that transport chemical and petroleum products between U.S. ports. 


Focus on Safety, Future Drive Operator Success

Barge No. 272, looking back towards M/V Donna J. Bouchard during the Christening Ceremony in New Orleans, LA, February, 2016. (Photo: Bouchard)

The Right Stuff: Innovation, Customer Service, Crew Welfare    The hallmarks of a successful vessel operator are the same whether they are carrying liquid, physical or human cargo: A laser focus on safety, a twin commitment to customers and crew


USCG Aiding Preparation for Subchapter M

Marine Inspectors from MSU Portland conduct a field dry dock examination to educate and train the towing vessel community on new regulatory standards that will come into force in the summer of 2018. The information session held at MSU Portland was the second in a series of national outreach forums designed to educate towing vessel operators on the new Subchapter M regulations. (Photo: U.S. Coast Guard)

U.S. Coast Guard, industry working together in preparation for the implementation of inspected towing vessel regulations   Marine Inspectors from Marine Safety Unit (MSU) Portland conducted a field dry dock examination, Wednesday, to educate and train the towing vessel community on new


MN100: Eastern Shipbuilding Group, Inc.

(Photo: Eastern Shipbuilding Group, Inc.)

The Company: Eastern’s original shipyard was established in 1976 for the purpose of constructing commercial fishing boats for the company’s founder and President, Brian R. D’Isernia. By 1980, 26 commercial fishing vessels had been constructed and delivered


Investors to Acquire $1.5 bln Shipping Portfolio from NORD/LB

NORDLB Hanover

NORD/LB Norddeutsche Landesbank and KKR Credit have reached an agreement by which, subject to completion of certain conditions precedents, KKR Credit, together with a sovereign wealth fund (the “Investors”), will acquire a portfolio of performing and non-performing shipping loans


European Owners Lead in Buying Up Secondhand Tonnage

Graph: Clarkson Research Services

 With European owners leading the pack in buying up vessels, the sale and purchase market appears to have been notably active in recent years, reveals Clarkson Research Services Limited.   While Europe has been the main buyer region


US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper


MN100: McDonough Marine Service

(Photo: McDonough Marine Service)

The Company: Bernard P. McDonough created the company in 1945 by leasing barges from his construction company into the marketplace. Through a series of new and used barge additions, McDonough forged his company, expanding from the Ohio River to the Gulf of Mexico and eventually to the East Coast


MN100: R.W. Fernstrum & Company

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

The Company: R.W. Fernstrum & Company set the standard in marine heat exchangers over 65 years ago, building a reputation focused on innovation. Today, its commitment is to continual improvement, ensuring that customers have quality, reliability


Damen Trading Sale hits 500th Vessel

Damen Trading 30 years

30 years and 500 vessels later, Damen Trading is just getting started. Damen Trading’s story begins in 1986, with Damen Shipyards Group responding to growing market demand for used vessels. Since then, Damen Trading has gone on to sell over 500 used vessels, right across the maritime spectrum






 
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