Edoc'sHELM Selected by Penn Maritime
Connecticut-based Penn Maritime Inc. (Penn) has selected Edoc’s HELM Marine Operations Software to replace their existing scheduling and invoicing system. Penn’s current fleet of 19 barges and 13 tugs that operate along the east coast, gulf coast and west coast of the United States will have their voyages scheduled, tracked, and invoiced through HELM. Since Penn’s business is focused on bulk tanker barging it presented a unique situation for which HELM was adapted. HELM will solve many problems users face in Penn’s current system. HELM’s flexibility makes it perfect for Penn’s high volume of business and constantly changing business requirements. By providing a graphical user interface to plot the vessel’s voyages, the system provides another tool for users to efficiently plan schedules.
Kirby to Acquire Barge & Tankship Operator Penn Maritime
Kirby Corporation (Kirby) has signed an agreement to acquire Penn Maritime Inc. (Penn) and Maritime Investments LLC. Penn Maritime is an operator of tank barges and tugboats participating in the coastal transportation of primarily black oil products in the United States. The total value of the transaction is approximately $295 million (before post-closing adjustments and transaction fees) and will consist of cash, Kirby common stock and the retirement of Penn's debt. Penn operates a fleet of 18 heated, double-hulled tank barges, with a capacity of 1.9 million barrels, and 16 tugboats along the East Coast and Gulf Coast of the United States.
Conrad Adds to Backlog
Conrad Industries, Inc. won contracts totaling $13.5 million to build two 300 x 60 x 24-ft. 35,000 Barrel Double Hulled Oil Tank Barges for Penn Maritime, Inc., and to repair, renovate and perform hull modifications to a riverboat casino to be operated in Mississippi. excess capacity at our Deepwater facility which helps us capitalize on our investment there. currently owns and operates 20 barges and 14 tugboats making Penn one of the largest U.S. transporters of residual oil and heated asphalt products. Subchapter D cargoes. Hancock County, Mississippi.
Skipjack En Route to West Coast
Penn Maritime's newest vessel, Skipjack, is currently en-route from the builder, Thoma-Sea Boatbuilder, on the Gulf coast to the west coast. It is pushing a new 90,000 barrel tank-barge. A sister ship is expected to deliver from the same yard in October this year. These are a part of Penn's five boat order from the yard.
Unified Command Responds to NY Oil Spill
A Unified Command comprised of the U.S. Coast Guard, the New York State Department of Environmental Conservation (NYSDEC), and Penn Maritime Inc. continue to respond to a #6 fuel oil spill that occurred Oct. 14, 2006. The amount of oil spilled is unknown but is estimated to be as much as 800 gallons. The spill occurred on the deck of the barge P-120 owned by Penn Maritime Inc. berthed on the south side of the ConocoPhillips offshore platform located approximately one mile from the north shore of Long Island. The spill was stopped and containment boom was immediately deployed around the barge upon discovery. Adverse weather conditions are believed to have contributed to the impact of the oil spill. Penn Maritime Inc. and ConocoPhillips are fully cooperating with the U.S.
Changes to Kirby Corp. Board
C. Berdon Lawrence retires from Board after 13 years of service, William M. Waterman, former President of Penn Maritime, elected to Board. Kirby Corporation, based in Houston, Texas, is the nation's largest domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii. Mr. Lawrence is retiring to devote more time to family and other business interests, having served as Chairman of the Board of Kirby from October 1999 to April 2010 and has served as Chairman Emeritus of the Kirby Board since April 2010. Mr. Lawrence was the founder and former President of Hollywood Marine, Inc. an inland tank barge company acquired by Kirby in October 1999.
TransCoastal Signs Contracts Totaling $22M
TransCoastal Marine Services Inc. has signed contracts with a subsidiary of Penn Maritime Inc. for the modification and double-hull conversion of two barges. The work on the two barges will be carried out by TransCoastal's Fabrication and Offshore Group for more than $22 million. The project will begin in July and will extend into the fourth quarter of 2000.
First of Five ATBs Nearing Completion at Penn Maritime
With delays in getting parts for the assembly there was a hold up in the delivery of the first of Penn Maritime’s new tugs from Thoma-Sea Boatbuilders. Now the first of five, M/V Skipjack, is nearing completion and will deliver in May. In a near assembly-line production process the second vessel, M/V Coho, will launch sometime in May and deliver in August. The other tugs are already taking shape and will follow on a regular schedule. Following its delivery the Skipjack will travel to New Orleans to meet up with a 90,000-barrel barge that will come down from its builders at Corn Island Shipyard on the Ohio River in Indiana. Cummins QSK60 engines turning 104 by 112-inch skewed props in Nautican Nozzles with shutter rudders power the 4000 hp Penn tugs. The coupling system is a JAK-400.
Manitowoc Gets Hot Oil Tug Barge Contract
The Manitwoc Company, Inc. and its subsidiary, Bay Shipbuilding Co., part of Manitowoc’s Marine Group, has been granted a contract from Penn Maritime, Inc. to build an ocean-class tug and a 140,000-barrel, double-hull hot oil barge. The contract also permits Penn to purchase a second tug/barge combination within 120 days. With the barge to measure 480 x 78 x 36.5 ft. (146.3 x 23.7 x 11.1 m) and equipped with a system of heating coils to maintain cargo temperatures at or above 135 degrees F, the 6,000-hp tug will boast measurements of 123 x 38 ft. An Intercon coupler will link both vessels into a 564-ft. overall length unit that will be ABS, U.S. Coast Guard and OPA-90 compliant. The unit is scheduled for delivery by December 2004.
Kirby Complete Penn Maritime Takeover
Kirby Corporation completes the acquisition of Penn Maritime Inc. & Maritime Investments LLC, US operators of tank barges and tugboats. Penn's fleet, comprised of 18 double-hulled tank barges with a capacity of 1.9 million barrels and 16 tugboats, operates along the East Coast and Gulf Coast of the United States. Penn's tank barge fleet has an average age of approximately 13 years with a product mix that consists primarily of refinery feedstocks, asphalt and crude oil. Penn's customers include major oil companies and refiners, nearly all of whom are current Kirby customers for inland tank barge services. Kirby Corporation, based in Houston…
Baltic Exchange Names Jackson as CEO
Baltic Exchange on Monday named Mark Jackson, a former Chairman and Director, to replace Chief Executive Officer Jeremy Penn. Baltic Exchange shareholders earlier approved an 87 million pound ($112 million) takeover by Singapore Exchange for one of London's oldest institutions, in a deal that will give SGX access to the multi-billion-dollar freight derivatives market. Jackson, Chief Commercial Officer of AM Nomikos Group, is expected to take up his appointment early in 2017. Penn announced his intention to stand down last year, the Exchange said in a statement.
Unified Command Ends Cleanup of NY Spill
The unified command responding to the spill of approximately 800 gallons of oil in Riverhead, N.Y., Oct. 14, including the Coast Guard, New York State Department of Environmental Conservation (NYSDEC) and Penn Maritime Inc., with assistance from the National Oceanic and Atmospheric Administration, ended active cleanup operations here today. Representatives from the towns of Riverhead and Southold inspected the beach with members of the unified command here today also. Crews removed 30 20-cubic-yard dumpsters, approximately 360 tons, of oil-soaked debris. Over 120 workers from Miller Environmental Group responded to the spill at the height of operations utilizing backhoes, front loaders and other heavy equipment.
Coastal Marine Awarded Contract
Coastal Marine Equipment Inc. has been awarded a contract to provide the deck machinery for the Penn Maritime ATB (tug & barge) being constructed at Bay Shipbuilding (Manitowoc Marine Group) in Sturgeon Bay, Wis. Equipment for the 140,000 barrel barge includes the 2-3/16 in. stud link anchor windlass with soft rope mooring drum; three double drum wire rope mooring winches; and three 24 in. mooring capstans. All equipment is electrically driven and provided with variable frequency drives for multiple speed operation. The tug will be fitted with a 36" hydraulic capstan and 60 HP electro-hydraulic power unit.
Markey Ready for Another 30 Years
On June 15th, 2006 a Markey TDSD-32 Towing Winch originally built in 1973 arrived at the Markey Shop for a complete rebuild so that its owner, Penn Maritime, could get another 30+ years of service out of it. Eleven months later it left the Markey Shop as good as new and ready to go back to work. This Markey Double-Drum Towing Winch is rated for 2,200 ft. of 2 in. wire rope on each drum, and features a line-pull of up to 135,000 lbs. via its diesel engine power.
Bay Shipbuilding Picks ATB Design
Stamford, CT. Tug/Barge design. 12-710G main engines, for a total of 6,000 BHP. barges. Robert P. any connection system, yet was simple to build and outfit. smaller, and able to be built in fewer man-hours. issues. about to be contracted. Two others are to be built overseas. Transportation of Norfolk, VA, and Exxon-Mobil Corp. through monitoring the operation of the parent design. systems. Hill. Lakes AT/B tug "DOROTHY ANN" with Bay. Exxon-Mobil unit, designed by CT Marine, was also built there. customers and vendors. have one of our new designs in their fleet.", said Hill. back in 1994.
Bollinger Converts Barge to ATB
Bollinger Gulf Repair L.L.C., (BGR), a Bollinger Shipyards, Inc., facility, has completed the retrofit and modifications of a Penn Maritime Inc. oceans tank barge to an OPA ‘90 compliant articulated unit. The 360-foot, 66,500 barrel black oil Barge POTOMAC arrived at Bollinger's New Orleans east facility and began the transformation from a single sided hull to double hull vessel with a new outer skin to meet the requirements of OPA '90. Her stern was modified and outfitted with the Beacon JAK connection system. The barges heating system received additional heating coils and a new 12 million BTU Vapower unit. A ballast system and a twelve-foot bow plug, along with an updated electrical system, were part of the conversions.
News: Bay Shipbuilding Picks ATB Design
Ocean Tug & Barge Engineering Corp.'s new Atlantic III ATB ocean tugboat design was selected by Bay Shipbuilding Corp., a unit of Manitowoc Corp., for construction as the powered portion of a new articulated tug barge (ATB) the yard will build for Penn Maritime, of Stamford, Conn. The 140,000 bbl capacity heated ocean tank barge, will be handled by the latest tug design from Ocean Tug & Barge Engineering Corp., a long established firm whose focus is ATB design. The new tug, equipped with the Intercon connection system, measures 123 x 38-ft., and is powered by twin EMD 12-710G main engines, for a total of 6,000 bhp. The tug will also be built to fit the notches of Penn's other Intercon ATB barges. Robert P.
Thoma-Sea Tug For Penn ATB
Thoma-Sea Boatbuilders in Lockport La., is building an Entech-designed tug for Penn Maritime’s latest ATB. The 4000-horsepower 116 x 36-ft. tug will be mated to a 14,000-ton 90,000-barrel barge currently building at Corn Island Shipyard in Indiana. The coupling will be a JAK-400 model pin and socket system with eight sockets in each wing of the barge notch to accommodate varying drafts of the barge. The pneumatically operated pins are 16 inches in diameter. Frank Basile explains that the tug design has evolved from earlier designs that he has done of a similar size but this is the first configured as an ATB. The hull, with a molded depth of 17 feet…
MarAd Approves Four Applications
The Maritime Administration (MARAD) has approved four applications under Section 9 of the Shipping Act, 1916, as amended. Ø U.S. Bank National Association, Owner Trustee, Hartford, CT, has received approval to transfer the 57,075-gross-ton container vessel SEA-LAND INTEGRITY to Marshall Islands registry and flag without change in the ownership of said Vessel. The vessel was built in 1984 in Koje, Korea. Ø Penn Maritime, Inc., Stamford, CT, has received approval to sell the 1,542-gross-ton tank barge CHESAPEAKE to Maingral Investment, S.A., a British Virgin Island corporation, and transfer said Vessel to St. Kitts and Nevis registry and flag. The vessel was built in 1964 in Baltimore, MD.
Edoc Systems Remains Healthy in Sour Economy
For Victoria marine enterprise software developers Edoc Systems Group, the past years economic storm has been more about riding calm winds and following seas. They are expanding and hiring while others in the software industry have been retrenching and shedding staff. Edoc moved into their current location in the heritage Hartwig Court two years ago and have already outgrown the current space. On the strength of new business, they are in the last stages of hiring additional software developers to join the team of 18 Victoria and Vancouver based existing staff. In the past month, they have hired a new marketing and communications coordinator, and are in the process of renovating additional space, taking over an adjacent 600 sq ft store-front.
Profile: Company Focus: Staying Connected with INTERCON
The Intercon Coupler System is designed to provide a safe and efficient solution to the problems of connecting tugs and barges in ocean and coastwise pushing operations. Principal benefits include the ability to push in the widest range of sea states; the complete elimination of hull contact; fail-safe mechanical connection with redundant controls, and elimination of the expense and hazards of towing lines and related equipment. In simplest form, the patented Intercon System provides a single degree of freedom allowing the tug to pitch about a transverse connection between the tug and barge. All other motions are restrained so that tug motions match barge motions in roll and heave.
Manitowoc to Build Oil Barges for Moran
The Manitowoc Company, Inc. through its subsidiary, Bay Shipbuilding Co., part of Manitowoc's Marine Group, has been awarded a contract from Moran Towing Corporation to build two ocean-class, double-hull, hot oil tank barges. The first barge is scheduled for delivery in the fourth quarter of 2004, and the second in the second quarter of 2005. Other contract terms were not disclosed. Each of the 110,000-barrel capacity barges will measure 425 feet in length by 78 feet in width and will be configured with 10 cargo compartments serviced by three diesel-driven, deep-well cargo pumps. The barges will also feature a stern notch and an Intercon coupling system, which will link the units to customer-supplied tugs.
Maritrans Reports 2Q Earnings
Maritrans Inc. announced its second quarter financial results and declared its quarterly dividend. Net income for the quarter ended June 30, 2006 was $3.6m, or $0.30 diluted earnings per share, on revenues of $43.9m. This compares with net income of $7.2m, or $0.84 diluted earnings per share, on revenues of $46.3m for the quarter ended June 30, 2005, which included $4m received in connection with the settlement of the company's lawsuit with Penn Maritime, which was equivalent to approximately $0.30 diluted earnings per share, net of tax. Diluted earnings per share for the quarter ended June 30, 2006 includes a $0.01 increase as a result…