Liquid Petroleum Products News

KOTUG International, a marine services and towage provider based in the Netherlands, announced on Thursday it has concluded its acquisition of Kotug Seabulk Maritime (KSM), taking full ownership of the Caribbean marine towage business.KOTUG said it has acquired the interest of its joint venture partner, Fort Lauderdale, Fla.-based SEACOR Holdings via its Seabulk subsidiary KS Maritime Holdings, owner of the 50% share in KSM.Founded in 2017, KSM acts as the exclusive provider of maritime terminal support services for Buckeye Partners’ Bahamas Hub…

The ocean-going petroleum barge company Bouchard Transportation said that ATB tug M/V Evening Breeze was launched at US-based medium-sized ships builder VT Halter Marine's Pascagoula shipyard.The launch of the M/V Evening Breeze marks a milestone achievement in Bouchard’s most recent expansion efforts; with the launch of sister ATB tug M/V Evening Stroll not far behind.Bouchard’s Safety First philosophy remains at the forefront of their operation, and is powerfully supported through VT Halter Marine, Inc.’s ability to help advance their fleet with the most innovative technologies.Bouchard is dedicated to offering a safe work environment for their crew and a reliable service to their customers…

Mississippi shipbuilder VT Halter Marine, Inc. said it has secured a new contract to build an articulated tug barge (ATB) tug with an option for a second vessel for Bouchard Transportation Co., Inc.Construction of the new vessel, M/V Evening Stroll, begins immediately at the builder’s Pascagoula, Miss. shipyard, with delivery scheduled for December 2019. This vessel will enter into Bouchard’s fleet service in New York, N.Y to transport liquid petroleum products throughout the…

Bouchard Transportation Co., Inc. announced the new construction of ATB unit M/V Evening Breeze and Barge B. No. 252, which adds to the company’s fleet expansion plan that began in 2012. The M/V Evening Breeze is being constructed in Pascagoula, Miss. by VT Halter Marine, Inc., and is the sister vessel to ATB tugs M/V Denise A. Bouchard and M/V Evening Star. The Evening Breeze will be 4,000hp meeting U.S. EPA-Tier 4 requirements, measuring 112 feet by 35 feet by 17 feet, and equipped with an Intercon Coupler System. The B. No.

In 2018 one of the U.S. premier vessel owners – Bouchard Transportation Co., Inc. (BTC) – celebrates its 100th year in business. Maritime Reporter looks at BTC’s evolution through the years. The year 2018 is a celebration year for the Bouchard Transportation Co., Inc., which was founded in 1918 in New York Harbor by Capt. Frederick Bouchard, and will next year celebrate a century in business. The company’s first cargo was a shipment of coal, and its first oil barge was acquired in 1931.

Cenac Towing Company (Cenac Towing), a third-generation owned global marine transportation company, announced continued growth despite the oil and gas industry’s downturn. Recently, Cenac Towing acquired Main Iron Works, a tug construction company, and this week, Cenac Towing will christen its brand new 2000 Hp Twin Screw Conventional Tug, The Jean Pierre Cenac. The innovative marine transportation company, run by industry veteran Arlen “Benny” Cenac, attributes the growth to continued innovation, quality service and the unique familial culture that is experienced not only by employees but also by customers and partners. “The importance of hospitality in everyday life is too often overlooked.

Buckeye Partners, L.P. signed a definitive agreement with Hess Corporation and its subsidiaries to acquire 20 liquid petroleum products terminals with total storage capacity of approximately 39 million barrels for $850 million. The 19 domestic terminals are located primarily in major metropolitan locations along the U.S. East Coast and have approximately 29 million barrels of refined petroleum products storage capacity, including approximately 15 million barrels of capacity strategically located in New York Harbor. The terminal on St. Lucia in the Caribbean has approximately 10 million barrels of crude oil and refined petroleum products storage capacity and has deep-water access.

Buckeye Partners, sign a multi-year agreement with an Irving Oil subsidiary for multi-million barrel storage facility in Port of Albany on the Hudson River. The approximately 1.8-million barrel storage facility located within the Port of Albany along the Hudson River is expected to begin handling crude oil on November 1, 2012. Buckeye plans to make modifications to the Albany terminal that, once completed, will allow the terminal to handle both crude oil and ethanol unit-trains with a total capacity in excess of 135,000 barrels per day. "Rail transport has become a critical component of the logistics chain as domestic crude oil production has increased significantly," said Clark C. Smith, Buckeye's President and Chief Executive Officer.

United States Navy. accordance with the Oil Pollution Act of 1990. States Coast Guard. the total cumulative value of the contract to $18,886,414. Troutdale, Ore., and is expected to be completed by November 2003. will not expire at the end of the current fiscal year. received.

Bender Shipbuilding & Repair Co. Inc. will build three tug barges worth $232.5 million for Maritrans Inc. Each articulated tug barge unit, a powerful 12,000-hp workboat, will be worth $77.5 million and able to carry 335,000 barrels of liquid petroleum products. The first unit should be delivered in October 2007, and the others will follow in May and December 2008, according to Maritrans, a Tampa-based marine petroleum transportation company. Each of the units include a tug and barge joined by a pin system that allows the connection to stay intact even in rough seas. Bender's shipyard was up and running at full capacity Tuesday after sustaining "little damage" from Hurricane Katrina.