ARCHER DANIELS MIDLAND
American River Transportation Company (ARTCO), a subsidiary of Archer Daniels Midland Company (ADM), today announced plans to launch new barge fleeting and switching operations in the Cairo, Illinois, harbor starting January 1, 2016. The Cairo harbor is a vital hub in the inland waterway supply chain. The new operation will be based in Wickliffe, Kentucky, and will provide fleeting and switching operations from mile 948 on the Lower Mississippi River to mile 29 on the Upper Mississippi and mile 974 on the Ohio River. “ARTCO is the only company in the inland waterway system that can provide a self-contained supply chain to our customers, which allows us to provide better, more efficient and cost-effective service,” said Jason Porter, vice president, ARTCO operations. “This new location provides strategic access to the Lower Mississippi, Upper Mississippi and Ohio Rivers and will allow ARTCO to directly provide a complete range of services in the Cairo market without relying on any third-party support, giving our customers a truly one-stop solution to meet their worldwide transportation demands.”
U.S. agribusiness Cargill Inc said it will build a grain handling facility in West Memphis, Arkansas, to purchase corn, sorghum, soybeans and wheat that the company could ship down the Mississippi River to U.S. Gulf Coast export terminals. Minneapolis-based Cargill, one of the world's largest private companies, said on Thursday it will invest $45 million in the terminal in West Memphis, located on the western bank of the Mississippi
Tampa-based Seminole Electric Cooperative, Inc. has chosen L&R Midland, Inc., Houston, as its exclusive broker for sale or lease of vessels from Seminole's marine fleet. Seminole's fleet consists of 14 towboats and 111 superjumbo open hopper barges. The vessels are available due to Seminole's move to an all-rail system for transporting coal to its generating station in Putnam County, Fla. The vessels are fleeted in several locations
The first unit of a new bulk carrier developed by Mitsubishi Heavy Industries, Ltd. (MHI), a vessel offering superlative energy efficiency and environmental performance, was delivered today to Archer Daniels Midland Company (ADM) of the U.S., one of the world's foremost grain processors, following its completion at Oshima Shipbuilding Co., Ltd. of Nagasaki, an MHI licensing partner. The incorporation of a wide spectrum of innovative technologies - including MHI's proprietary Mitsubishi
New economic study attributes 1 in 12 Midlands jobs to Port operations The South Carolina Ports Authority announced a fiscal year-to-date container volume increase of seven percent, with 678,033 twenty-foot equivalent units (TEUs) handled since July. SCPA moved 164,734 TEUs in October. From a calendar year-to-date perspective, SCPA has seen container volume increase 11 percent over last year with 1,674,891 TEUs handled since January.
Atwood Oceanics, Inc. announced today that it has agreed with Daewoo Shipbuilding & Marine Engineering Co. ("DSME") to delay the requirement to take delivery of Atwood's two newbuild ultra-deepwater drillships, the Atwood Admiral and the Atwood Archer, by two years to September 30, 2019 and June 30, 2020, respectively. In connection with the delay, Atwood will make a payment of $125 million for the Atwood Archer on or before December 15, 2016
1909 - Great White Fleet anchors in San Francisco. 1916 - First ship-to-shore radio telephone voice conversation from USS New Hampshire off Virginia Capes to SECNAV Josephus Daniels in Washington, DC. 1942 - CAPT Milton Miles arrives in Chungking, China, to begin building an intelligence and guerilla training organization, Naval Group China. 1945 - Naval landing force evacuates 500 Marshallese from Jaluit Atoll, Marshall Islands. (Source: Navy News Service)
1909 - Great White Fleet anchors in San Francisco 1916 - First ship-to-shore radio telephone voice conversation from USS New Hampshire off Virginia Capes to SECNAV Josephus Daniels in Washington, DC 1942 - CAPT Milton Miles arrives in Chungking, China, to begin building an intelligence and guerilla training organization, Naval Group China 1945 - Naval landing force evacuates 500 Marshallese from Jaluit Atoll, Marshall Islands
September 19 1915 - SECNAV Josephus Daniels organizes the Naval Consulting Board to mobilize the scientific resources of U.S. for national defense. 1957 - Bathyscaph Trieste, in a dive sponsored by the Office of Naval Research in the Mediterranean, reaches record depth of 2 miles 1992 - Joint Task Force Marianas stands down after providing assistance to Guam after Typhoon Omar September 20 1911 - Navigational instruments first requested for naval aircraft.
Anil Sethi, Managing Director of Ariel Maritime and Ariel Global Logistics welcomed a new member of their Manchester based Sales and Marketing staff: Nigel Huntington joined their Sales Team in January 2014 and will be working out of the company’s Manchester head office. Huntington joins Ariel Maritime to spearhead their Business Development Dept. and boost sales in the Northeast and Midlands. arielmaritime.com
Newly-elected Indiana Governor Eric Holcomb will provide special keynote remarks at next week's Indiana Logistics Summit. The two-day event is scheduled for Nov. 16-17 at the Indiana Convention Center and the Governor-elect will speak at 9 a.m. in the Sagamore Ballroom on Thursday, Nov. 17
London Thamesport has signed an agreement with UK shipping agent and logistics company The Armitt Group for a purpose-built, 120,000 square feet specialist steel handling facility at the Kent port. Construction of the first phase of 60,000 square feet is well underway
Canadian ship owners and the St. Lawrence Seaway have spent an estimated $160 million on repair and infrastructure projects this winter, boosting the economic fortunes of communities throughout the Great Lakes, the St. Lawrence and east coast, according to the Chamber of Marine Commerce.
South Korean utilities jointly bought a total of 1.5 million tonnes of coal from the United States to arrive from the third quarter, a spokesman at one of the utilities said on Tuesday. The purchase comes as South Korea, the world's fourth-largest coal importer
U.S. agribusiness company Archer Daniels Midland Co has agreed to sell a 50-percent stake in its Barcarena grain export terminal in northern Brazil to commodities trader Glencore PLC, the company said during an analyst call on Tuesday.
Trucks will be able to access a blocked entrance at Santos, Brazil's largest port, at night while firefighters finish extinguishing a blaze at a nearby fuel-storage facility, city and port authorities said. The more flexible rules will provide some relief for grain exports that have
Three of the world’s largest and grandest ocean liners - the Queen Mary 2, the Queen Elizabeth and the Queen Victoria - paid a historic visit to salute the city of Liverpool, the original home of their owners, cruise-line company Cunard
Dun & Bradstreet will acquire the entirety of Dun & Bradstreet’s ANZ business, including consumer risk and debt collection, and commercial solutions, for AUD $220 million. As part of the agreement, pending regulatory approval
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.
Brazil was due to publish a tariff increase of 11.75 percent on imported ethanol on Monday, and the traders in U.S. ethanol, which makes up the bulk of imports to Brazil, were concerned about the move, expected to benefit local mills. In late May, the Senate passed Bill 668
The U.S. Navy and Republic of Singapore Navy completed the 21st annual Cooperation Afloat Readiness and Training (CARAT) Singapore after 11 days of comprehensive training both at sea and ashore, July 24. CARAT Singapore featured a series of dynamic training engagements including a
Edison Chouest Offshore locating shipbuilding operations, TopShip, LLC, in Gulfport, Miss. Gov. Phil Bryant and officials from Edison Chouest Offshore, an offshore energy service and supply company, officially announced today the company is locating shipbuilding operations at the Port of
Three new ship-to-shore gantry cranes for the Port of Gulfport are arrivined by ship and the port took delivery. Manufactured in China at a cost of $30 million, the equipment is designed to meet the port's needs for the next 40 years.
1898 - USS Mohican and USS Philadelphia (C 4) crew members take part in official ceremonies marking the assumption of sovereignty of the Hawaiian Islands by the United States. 1918 - The Secretary of the Navy Josephus Daniels approves the acceptance of women in the Marine Corps
The Northwest Seaport Alliance said it will reimburse up to $2 million to extend gate hours at its international container terminals during peak season. With a 3 to 5 percent increase in cargo volume forecasted during peak season, which will start in late August and continue through early