Mississipi River News

Cleancor Energy Solutions, a unit of the the marine services company SEACOR Holdings, launched a joint initiative with the logistics and barge transportation company SCF Marine to increase the use and supply of LNG and CNG natural gas throughout the Mississippi River system.SCF’s in-depth knowledge of the U.S. Inland Waterways and its strategically located ports, terminals, barge fleets, and existing customer relationships provide Cleancor with a robust platform from which to deploy modern and mobile LNG and CNG equipment. In addition to bunkering towboats, LNG can serve as a viable and scalable alternative fueling solution for a variety of inland manufacturing…

The grounding of the oil tanker Westchester in the Mississippi river has had no immediate impact on the freight market but brokers say it could spark a longer term flight to quality, causing freight rates to rise further. "The Westchester was an 1981-built ship so there'll be a renewed focus on modern ships," said one Oslo-based tanker broker. Other sources talked of a self-imposed ban by charterers on single-hulled ships. "So far there's been no visible effect on rates," Reuters reported a U.S. The 83,000-ton Westchester ran aground on Tuesday close to the 38-mile mark of the Mississipi river as a result of losing power due to an engine failure.