ACL to Haul for SeaRiver Maritime

press release
Thursday, January 31, 2013

American Commercial Lines Will Transport Petroleum Products by Inland Barge for SeaRiver Maritime Inc.

 

American Commercial Lines (ACL) is pleased to announce that it has entered into an agreement with SeaRiver Maritime Inc., a marine affiliate of Exxon Mobil Corporation, to provide petroleum barge transportation services on the U.S. inland waterways.

 

As of January 1, 2013, ACL has entered into a multi-year agreement with SeaRiver to transport liquid cargoes via its mainline service and in unit tows.

 

"We look forward to partnering with SeaRiver to transport ExxonMobil cargoes on the inland waterways," Mark Knoy, President and Chief Executive Officer of ACL, stated. "This is an exciting opportunity as we continue to diversify our business mix with a focus on liquid cargoes and add the highest caliber shippers to our customer portfolio. To meet the needs of SeaRiver and all of our valued customers, we have condensed our traffic patterns for maximum efficiency, refurbished our boat fleet for improved reliability, and are adding liquid capacity with new 30,000-barrel tank barges built with the highest quality craftsmanship by our manufacturing division Jeffboat."

 

Dan Jaworski, ACL's Vice President Liquids Sales, added, "ACL's team of experienced and dedicated maritime professionals is proud to provide SeaRiver with the highest level of service, as well as the significant economic and environmental benefits of inland barge transportation."

 

Barges are an efficient, economical, and environmentally friendly mode of transportation. One tank barge has the cargo capacity of 46 rail cars or 144 trucks, an incredible economy of scale that provides significant economic savings. Towboats also consume less fuel and emit far less pollutants than locomotives or trucks, providing clean and green transportation of liquid cargo.

 

American Commercial Lines Inc. is an integrated marine transportation service company owned by Platinum Equity which operates in the United States Jones Act trades. The Company is headquartered in Jeffersonville, IN, has approximately 2,300 employees and operates a fleet of approximately 100 tow boats and 2,000 barges. The Company is the direct parent of Commercial Barge Line Company. For more information about American Commercial Lines Inc., visit www.aclines.com.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

WSC CEO Koch to Retire in 2015

Chris Koch, current president and CEO of the World Shipping Council (WSC), will retire from his position on July 31, 2015, and WSC Senior Vice-President and General Counsel,

Cecon Secures Finances to Complete Newbuild

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors,

HII Board of Directors Elects Two VPs

Huntington Ingalls Industries’ (HII) board of directors has elected Kellye Walker to serve as corporate vice president and general counsel and Charles R. “Chuck” Monroe Jr.

Contracts

Port of Galveston to Repair Public Pier

Galveston Wharves’ board of trustees today unanimously approved a project to repair pilings and pier deck in the Pier 19 area of the port. The board awarded the contract,

NASSCO Cuts Steel on APT "ECO Tanker"

General Dynamics NASSCO started construction of another ship in its commercial shipbuilding backlog, starting construction of a second “ECO” tanker to be built

Multraship Buys Three More Tugboats from Damen

Multraship and Damen Shipyards Group agreed on three new ASD (Azimuth Stern Drive) Tugs, all for delivery to Multraship in 2015. After delivery in Vietnam, scheduled

Bulk Carrier Trends

Great Lakes Coal Trade Slows in November

Coal shipments on the Great Lakes totaled 2.6 million tons in November, a decrease of 3 percent from a year ago, as shipments were affected by weather-related delays,

Bulker Chief Engineer Convicted of Environmental Crimes

A chief engineer from the M/V Trident Navigator was convicted by a federal jury in New Orleans late yesterday after a week-long trial, of knowingly falsifying the

Wrecked Bulker’s Bow Refloated, Scuttled off S.Africa

TITAN Salvage, Crowley Maritime Corp.'s Houston-based marine salvage, emergency response and wreck removal company, has refloated and scuttled the largest section of the wrecked bulk carrier, Smart.

Finance

Cecon Secures Finances to Complete Newbuild

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors,

BP Faces Heavy Hit from Former Prized Asset Rosneft

BP faces a first and heavy loss from its stake in Russia's Rosneft due to plummeting oil prices and a crumbling rouble, potentially forcing it to write down the value of its once-prized asset.

Libyan State Oil Firm NOC Will Remain Independent

Libya's Tripoli-based state firm National Oil Corp (NOC) will remain independent, it said on Thursday, in an apparent attempt to reassure foreign oil buyers it will stay out of the country's conflict.

Barges

Becker Marine Delivers Rudder for Largest Containership

Becker Marine Systems delivers rudder for the largest container ship in the world   At 19,000 TEU, the largest container ship in the world is now picking up speed

Port of Amsterdam to Reward Green Barges

The cleaner the vessels, the larger the discount on Inland Harbour Dues. Port of Amsterdam will be joining the Green Award program for inland barges on January 1,

WCI Applauds Barge Diesel Fuel User Fee Increase

Waterways Council, Inc. (WCI) and its members and stakeholders applauded the Senate’s passage, by a vote of 76 to16, of a 9-cent increase to the barge diesel fuel user fee.

Logistics

WSC CEO Koch to Retire in 2015

Chris Koch, current president and CEO of the World Shipping Council (WSC), will retire from his position on July 31, 2015, and WSC Senior Vice-President and General Counsel,

US Shippers, West Coast Dockworkers Union Resume Contract Talks

Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports resumed contract talks with the union for dockworkers on Thursday, as cargo backups continued at the ports,

Great Lakes Coal Trade Slows in November

Coal shipments on the Great Lakes totaled 2.6 million tons in November, a decrease of 3 percent from a year ago, as shipments were affected by weather-related delays,

 
 
Maritime Contracts Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1903 sec (5 req/sec)