River Services News

Northstar Marine, Inc. has finalized the integration of River Services (wholly owned by Northstar Marine, Inc.) a Philadelphia based marine service provider. River Services is now a new division of Northstar, and will operate as Northstar River Services.River Services was founded in 2013 to provide professional marine services in and around the Port of Philadelphia which includes launch, crew boat, and tug and barge operations.Phillip Risko, is the President and CEO of Northstar Marine, Inc., a marine services company that has been operating in the tri-state area since 1990.

The inland waterway system, flowing through the United States heartland, is a microcosm of all that has been happening in 2020: trade tensions, infrastructure issues, shifting trends in fuel consumption and the pandemic that has gripped us since the winter months. Shortly after the initial coronavirus outbreak here in the U.S., maritime workers were deemed to be “essential”, paving the way for cargo flows to recover from their springtime nadir. As COVID-19 infections turned up on U.S. shores, the boats continued plying the waterways, albeit with reduced volumes in some cases.

Among a string of new eco-friendly initiatives, the Marseille Fos port authority is to spend $22 million over the next six years to extend shoreside electrical connections for berthed vessels to every ferry, cruiseship and repair quay within the Marseille eastern harbor.Already available on the Corsica ferry quays, the network will be expanded in two phases to cover North Africa ferry quays and the shiprepair hub by 2022 and the cruise terminal between 2022 and 2025. The zero…

The Port of Dunkerque, France's biggest harbour on the North Sea in terms of the total traffic throughput, is continuing to develop its combined transport plan with the implementation of the Flandres Express (FLEX) rail service to the East of France.Created in 2013, Nord Port Shuttle (NPS), has gradually developed a network of containerized river services between Dunkerque and the main inland ports of the Hauts-de-France Region.With the setting-up of a rail service between Dunkerque and Metz, the operator has integrated a new mode of high-volume transport into its services accessing a major economic area.The FLEX service will offer a weekly round trip during the start-up phase with Metz…

The ideal solution for the tightening regulatory noose also brings a different (and welcome) shade of ‘green’ for workboat operators.As the US Environmental Protection Agency (EPA ramps up enforcement of regulations that mandate that all vessels over 24 meters (78 feet) operating in US waters must switch over to EALs in all oil-to-sea interfaces before their next drydocking, it is an arguably good time to be in the lubricants business. At the same time, Thordon Bearings, a manufacturer of seawater lubricated bearings for the marine industry has its own thoughts on that very topic. Specifically, Craig Carter, Thordon Bearings’ Director of Marketing and Customer Service, asks, “What is the point in shipowners investing in costly bio-lubricants when seawater is widely available and 100% free?

The Energy Independence and Security Act of 2007 (the 2007 Act) authorized a Short Sea Transportation (SST) Program. As passed by the House, the legislation would have authorized $2 billion for the Maritime Administration (MARAD) Title XI Program and have extended the Capital Construction Fund Program (CCF or Program) to shipyards and operators building and operating vessels in SST services nationwide. Mr. Oberstar and his Congressional co-sponsors were confident that with their proposals in place, the much-discussed use of U.S.

The first four of 15 Impala Terminals Colombia-operated tug/tow boats have been converted from oil to water-lubricated tailshaft bearings. Impala Zambrano, the first of 15 triple-screw and twin-screw push boats scheduled for oil-to-water conversion, was retrofitted in July 2015 with a Thordon RiverTough bearing and TG100 shaft seal combination. Three triple-screw and one twin-screw pusher vessels have since been converted and Thordon’s Colombian distributor Delta Marine and River Services will now work on the next vessels in the series.

For the quarter ended June 30, 2016, net loss attributable to Seacor Holdings Inc. was $55.2 million ($3.26 per diluted share). For the six months ended June 30, 2016, net loss attributable to Seacor Holdings Inc. was $82.3 million ($4.88 per diluted share). For the quarter ended June 30, 2015, net income attributable to Seacor Holdings Inc. was $0.7 million ($0.04 per diluted share). For the six months ended June 30, 2015, net loss attributable to SEACOR Holdings Inc. was $18.9 million ($1.06 per diluted share). Offshore Marine Services - Operating loss was $34.5 million compared with $16.6 million in the preceding quarter. As a consequence of continuing difficult market conditions…

Members of the Towing Vessel Inspection Bureau (TVIB), the recognized professional trade organization of marine auditors, met on May 10, 2016 to elect a new slate of leaders for the 2016-2017 year, during TVIB’s Annual Membership Meeting and Spring Board of Directors Meeting. Lee Nelson, President of Upper River Services, was elected President, succeeding Ed Shearer, Principal Naval Architect of The Shearer Group. Captain David A. Foret, Jr., President of the ACTion group companies, was elected Vice President.

SEACOR Holdings Inc. today announced its results for its second quarter ended June 30, 2015. For the quarter ended June 30, 2015, net income attributable to SEACOR Holdings Inc. was $0.7 million, or $0.04 per diluted share. For the six months ended June 30, 2015, net loss attributable to SEACOR Holdings Inc. was $18.9 million, or $1.06 per diluted share. Results attributable to SEACOR Holdings Inc. for the quarter ended June 30, 2015 included a loss on the extinguishment of the Company's Title XI bonds of $9.6 million, net of noncontrolling interests and tax, or $0.53 per diluted share. See "Debt Extinguishment Losses" below. For the preceding quarter ended March 31, 2015, net loss attributable to SEACOR Holdings Inc. was $19.6 million, or $1.10 per diluted share.

Archer Daniels Midland Company (ADM) and Norton Lilly International announced that their steamship agency joint venture, Agri Port Services LLC, has acquired Brazilian port and shipping agency Blue Ocean Agencia Maritima Ltda. ADM was previously a part owner in Blue Ocean. Blue Ocean services oceangoing vessels at ports throughout Brazil and maintains offices in the strategic ports of Santos and Paranagua. The company serves as a shipping agent for both inbound and outbound vessels, coordinating vessel clearance, loading/discharging operations, vessel logistics and support, vessel resupply, and cargo and customs documentation. “ADM’s ability to offer logistics services and expertise throughout the value chain is one of the things that sets us apart…

A record 9.8 million passengers are using the River Thames‎, two years on from the launch of the Mayor's River Action Plan, it was announced today. The River Action Plan, launched in February 2013, details a host of measures designed to increase the number of river passengers to 12 million by 2020. Figures from January to December 2014 have shown very positive signs as passenger numbers on River Buses and River Tours increased to 9.8 million, compared to 8 million for the same period in 2013. The Mayor and Transport for London (TfL) have confirmed that a new developer led pier ‎will open at Plantation Wharf this year in order to meet the increased demand.

SEACOR Holdings Inc. has announced its results for its second quarter ended June 30, 2014. For the quarter ended June 30, 2014, net income attributable to SEACOR Holdings Inc. was $21.1 million, or $0.98 per diluted share. For the six months ended June 30, 2014, net income attributable to SEACOR Holdings Inc. was $32.6 million, or $1.58 per diluted share. For the preceding quarter ended March 31, 2014, the company reported net income attributable to SEACOR Holdings Inc. of $11.5 million, or $0.56 per diluted share. A comparison of results for the quarter ended June 30, 2014 with the preceding quarter ended March 31, 2014 is included in the "Highlights for the Quarter" discussion below. For the quarter ended June 30, 2013, net income attributable to SEACOR Holdings Inc.

SEACOR Holdings Inc. has announced its results for its year and fourth quarter ended December 31, 2013. •    For the year ended December 31, 2013, net income attributable to SEACOR Holdings Inc. from continuing operations was $47.2 million, or $2.32 per diluted share, compared with $25.3 million, or $1.22 per diluted share, from continuing operations in the preceding year. •    For the quarter ended December 31, 2013, net income attributable to SEACOR Holdings Inc. from continuing operations was $8.4 million, or $0.41 per diluted share, compared with $30.3 million, or $1.36 per diluted share, from continuing operations in the preceding quarter ended September 30, 2013.

MSC develops business with terminal operators Haropa, in the Port of Le Havre. with the launch of 3 new container feeder shipping services. MSC will start a significant phase of business development at their new terminal in the port of Le Havre, by receiving the first vessel for three new feeder services. By the end of January, 2013, MSC will offer three new weekly feeder services via Le Havre. Operated by vessels of a unit capacity of 1,600 TEU*, the services will raise the number of weekly maritime calls by the shipping company in Le Havre to 13.

UK marine contractor Briggs Marine wins 7-year contract worth over £50 million with Transport for London (TfL) to operate cross-Thames ferry. The contract will see Briggs Marine undertake operation and maintenance of the Woolwich Ferry service from 1st April 2013. Working with London River Services Limited (LRS), a subsidiary of TfL, Briggs Marine will be responsible for daily operation of the ferry service, which links Woolwich and North Woolwich and the north and south circular roads across the River Thames.

Edoc has confirmed  that SCF Liquids (SCF) has chosen Helm Marine Operations software (Helm) to run itsoperations. SCF Liquids is part of Seacor Holdings Inc.'s Inland River Services business segment and a sister company to SCF Marine Inc. Together, the business segment owns, operates, invests in and markets inland river transportation equipment. “We are thrilled to welcome SCF Liquids to the Helm family,” said Ron deBruyne, CEO and Founder of Edoc Systems Group, developers of Helm.

SEACOR Holdings Announces Results for the Second Quarter Ended June 30, 2012. SEACOR Holdings Inc. (NYSE: CKH) announced its results for the second quarter ended June 30, 2012. Net income attributable to SEACOR Holdings Inc. for the quarter ended June 30, 2012 was $11.2 million, or $0.54 per diluted share, including a net loss from discontinued operations of $0.4 million, or $0.02 per diluted share. For the six months ended June 30, 2012, net income attributable to SEACOR Holdings Inc. was $47.7 million, or $2.29 per diluted share, including net income from discontinued operations of $19.0 million, or $0.92 per diluted share. On March 16…

SEACOR Holdings Inc. (NYSE: CKH) announced its results for the fourth quarter of 2009. Net income attributable to SEACOR Holdings Inc. for the quarter ended December 31, 2009 was $22.2 million, or $1.04 per diluted share, on operating revenues of $476.5 million. During the fourth quarter, the Company called and settled all of its outstanding 2.875% Convertible Senior Debentures due 2024 resulting in a debt extinguishment loss of $6.1 million, net of tax, or $0.26 per diluted share. For the preceding quarter ended September 30, 2009, net income attributable to SEACOR Holdings Inc. was $26.3 million, or $1.23 per diluted share, on operating revenues of $446.1 million. For the twelve months ended December 31, 2009, net income attributable to SEACOR Holdings Inc.

Seacor Holdings Inc. (NYSE: CKH) announced net income attributable to its stockholders for the second quarter ended June 30, 2009 of $42.3 million, or $1.91 per diluted share, on operating revenues of $389.2 million. For the six months ended June 30, 2009, net income attributable to SEACOR Holdings Inc. was $95.3 million, or $4.27 per diluted share, on operating revenues of $788.7 million. For the quarter ended June 30, 2008, net income attributable to SEACOR Holdings Inc. was $37.1 million, or $1.57 per diluted share, on operating revenues of $409.0 million. For the six months ended June 30, 2008, net income attributable to SEACOR Holdings Inc. was $73.7 million, or $3.06 per diluted share, on operating revenues of $763.4 million.

Seacor Holdings Inc. announced net income attributable to its stockholders for the first quarter ended March 31, 2009 of $53 million, or $2.36 per diluted share, on operating revenues of $399.5 million. For the quarter ended March 31, 2008, net income attributable to SEACOR Holdings Inc. was $36.6 million, or $1.50 per diluted share, on operating revenues of $354.5 million. For the preceding quarter ended December 31, 2008, net income attributable to Seacor Holdings Inc. was $70.5 million, or $3.11 per diluted share, on operating revenues of $454.9 million. Comparison of results for the first quarter ended March 31, 2009 with the preceding quarter ended December 31, 2008 is included in the discussion below.

At the Annual Waterways Council, Inc. (WCI) Membership Meeting and Board of Directors Meeting held October 29 in St. Louis, the following officers and Executive Committee members were elected to serve or continue service for 2008-2009:  Dan Mecklenborg, Senior Vice President, HR & Chief Legal Officer, Ingram Barge Company, remains as Chairman of the Board; Cornel Martin, was elected President and CEO; Steve Little, President and CEO, Crounse Corporation, remains as General Counsel; Peter Stephaich, Chairman, Campbell Transportation Co., was re-elected Secretary; Cherrie Felder, Vice President, Channel Shipyard, remains as Treasurer. Former WCI President and CEO R. Barry Palmer was named President Emeritus. Also named to new terms as officers were Richard R.

For the quarter ended September 30, 2007, net income was $70.3 million, or $2.66 per diluted share, on operating revenues of $359.9 million. For the nine months ended September 30, 2007, net income was $173.7 million, or $6.44 per diluted share, on operating revenues of $996.1 million. Net income for the preceding quarter ended June 30, 2008 was $38.4 million, or $1.57 per diluted share, on operating revenues of $409.0 million. Comparison of results for the third quarter ended September 30, 2008 with the preceding quarter ended June 30, 2008 is included in the discussion below. Offshore Marine Services -- Operating income in the third…