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TIDEWATER BARGE LINES

Foss Tugboats Leave Columbia River

Foss Maritime Co. will lay off its 60 workers and leave the Columbia River, OregonLive.com reported. OregonLive said the Seattle company will sell its Columbia River business to Tidewater Barge Lines, which moves grain and other cargo along the Columbia-Snake river system, pitting Tidewater against Shaver Transportation Co. in another line of business, transporting river pilots and maneuvering large cargo vessels in and out of ports. OregonLive.com  


Tidewater Elects President

Tidewater Barge Lines, headquartered in Vancouver, Wash., has appointed Stephen A. Frasher as president and COO. Frasher, who holds an MBA from New York University, has 27 years of experience in the transportation industry, including time with Burlington Northern and Conrail.


Tidewater To Build New Vessels For $300M

Tidewater Inc. will build new vessels for a total of about $300 million. The company plans to fund the program using its current cash balances, which exceed $150 million, its projected cash flow and its existing $200 million line of credit. Currently, Tidewater is debt-free. The new vessels will include large Anchor Handling Towing Supply vessels and large Platform Supply vessels, company officials said. The company expects delivery of the new vessels to begin in two years


Tidewater To Build 12 New Vessels

Tidewater Inc. signed contracts to build a total of 12 new vessels for $305 million, electing to build eight vessels at two Far East shipyards and four at its subsidiary, Quality Shipyard L.L.C. The $305 million in new build commitments - which fulfills its January 2000-announced plan to spend $300 million upgrading its fleet - falls on the heels of Tidewater's recent purchase of eight similar vessels from The Sanko Steamship Co., Ltd.


Tidewater Orders Two LEEVAC Platform Supply Vessels

Photo: LEEVAC

LEEVAC Shipyards Jennings LLC, Jennings, LA, announced it has signed contracts with Tidewater Marine, LLC of New Orleans, LA to build two LEEVAC Design Services “LDS ” Platform Supply Vessel (PSV), a 300’ x 62’ x 24’ diesel electric PSV with options for two additional vessels. The LDS 300 DE PSV will have a deadweight capacity of 5400 LTs and will carry more than 17,600 barrels of liquid mud


Tidewater CEO Taylor to Retire

(Image: Courtesy Tidewater Inc. www.tdw.com)

Tidewater Inc. (NYSE:TDW) announced today that Dean Taylor, its President and CEO since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors, and serve as Tidewater’s non-executive Chairman of the Board.  Jeffrey M. Platt will become Tidewater’s new President and CEO effective June 1, 2012


Tidewater’s O'Malley Officially Steps Down

Tidewater Inc. (NYSE:TDW) announced on March 28 that William C. O'Malley, the company's Chairman, President and CEO for most of the past eight years, has officially stepped down as Tidewater's CEO, handing over the reins of leadership to Dean E. Taylor. Taylor, 53, has served as President of Tidewater since October 2001 when O'Malley, 65, announced his impending retirement at the end of March 2002. Taylor's career with Tidewater started in 1978 where he served as an assistant manager in the


Tidewater CFO To Retire

Tidewater has noted that its executive vice president and CFO, Ken C. Tamblyn will retire on August 31. Following a 20-year career as a partner with the accounting firm KPMG, Tamblyn joined the company as CFO in 1986. J. Keith Lousteau, Tidewater's senior vice president and treasurer was appointed Tamblyn's successor. A 23-year veteran of the company, Lousteau will assume the position of CFO. Tidewater also promoted Joseph M


Tidewater CFO To Retire

Tidewater has noted that its executive vice president and CFO, Ken C. Tamblyn, will retire on August 31. Following a 20-year career as a partner with the accounting firm KPMG, Tamblyn joined the company as CFO in 1986. J. Keith Lousteau, Tidewater's senior vice president and treasurer was appointed Tamblyn's successor. A 23-year veteran of the company, Lousteau will assume the position of CFO. Tidewater also promoted Joseph M


International Markets Keep Tidewater Earnings Strong

New Orleans-based Tidewater Inc. reported its second quarter earnings recently, citing improving rental rates throughout international markets. During the quarter that ended Sept. 30, Tidewater posted net earnings of $86.5m, or $1.56 per share. In the same period a year ago, the company reported net earnings of $104.2m, or $1.86 per share. The higher earnings a year ago were boosted by the sale of 11 vessels. Tidewater officials said improving rental rates are keeping the company on a


Liquid Services Celebrates 25th Anniversary

Regional tankerman service Liquid Services, LLC, is celebrating 25 years of operation on the inland waterways.   In what started as a mom and pop shop in Paducah, Ky., in 1992, has flourished into a fully licensed, bonded, and dangerous liquid endorsed tankerman service specializing in safe


Tidewater Reorganization Gets Court's Okay

Tidewater Logo by Tidewater Inc

 Tidewater, one of the world's largest offshore vessel owners, said that a court in Delaware approved the company's plans for a restructuring has, which would eliminate $1.6B in debt.  The US-based owner of one of the world’s largest fleets of OSVs will be able to recapitalise and


IMS Announces New Client: Campbell Transportation

Dave Hammond (Photo: IMS)

U.S. inland vessel management company Inland Marine Service (IMS) said it has taken on Campbell Transportation Company as its latest client.   A fully integrated marine services company, Campbell is currently undergoing an acquisition with American Commercial Barge Line


Campbell Acquires ACBL Assets

Marine services company Campbell Transportation Company, Inc. (CTC) said it has completed the acquisition of certain affreightment contracts along with 155 barges and four towboats from American Commercial Barge Line LLC that will operate on the Ohio River system.  


Hatenboer-Water Reverse Osmosis Units For Diving Support Barges

Photo courtesy of Hatenboer-Water

Holland Shipyards has asked Hatenboer-Water to supply two Tethys reverse osmosis (RO) water treatment  units for diving support barges scheduled to be deployed along the Gabon coast. The order marks the first project for Tethys, the new Hatenboer-Water standard water maker series for


Geo Gradel Tug and Barge Enter Drydock

Photo: Great Lakes Shipyard

Great Lakes Shipyard said it was awarded a contract for drydocking and repairs by Geo Gradel & Co. for tug George Gradel  and barge Moby Dick.   The contract for the 2,400 HP tug George Gradel includes steel repairs, keel cooler repairs


Damen Stan Pontoon Delivered to Norway

Damen Sales Manager Norway Remko Hottentot, with Torgeir Vareberg and Lisa Chaparian of SkyssbĂĄtservice on the occasion of the contract signing for a Damen Stan Pontoon 4512.   (Photo: Damen)

Norwegian maritime transport company Skyssbåtservice has taken delivery of a Stan Pontoon 4512 from the Damen Shipyards Group. The 45-meter barge will be capable of fulfilling a variety of roles in both the general maritime transport sector projects and the oil and gas industry.  


Foss Enlists ABS for Sub M Compliance Service

(Photo: Foss Maritime)

Seattle based Foss Maritime, owner and operator of a fleet of tugs offering maritime transportation and logistics services, has awarded a contract to classification society ABS to support compliance with U.S. Coast Guard (USCG) Subchapter M requirements.  


The Many Missions (and Capabilities) of Weeks Marine

(Photo: Weeks Marine)

The almost 100-year old firm has many specialties, including the ability to construct innovative, complicated tonnage for its own purposes.   The slowdown in barge construction in some sectors hasn’t dampened the need for specialty barges in other areas


First Bunker Supply by Barge at Paradip

Manan Goel (Photo: Gulf Petrochem)

Gulf Petrochem Group, the UAE based global bunker supplier, has set another milestone in its operations with the first-ever bunker supply by barge at the non-conventional port of Paradip in Odisa, India’s east coast in a joint effort with Indian Oil Corporation Limited (IOCL).   


Campbell Acquires Barges, Towboats from ACBL

Photo: Campbell Transportation Company, Inc.

Campbell Transportation Company, Inc. said it has signed an agreement with American Commercial Barge Line LLC (ACBL) to acquire certain affreightment contracts along with 155 barges and four towboats that will operate on the Ohio River system.


U.S. FMC Unanimously Rejects Proposed Tripartite Pact

U.S. Federal Maritime Commissioner William P. Doyle

U.S. Federal Maritime Commissioner William P. Doyle issued the following statement regarding the FMC Decision:     Yesterday, I voted to reject the Tripartite Agreement proposed by Kawasaki Kisen Kaisha, Ltd. (K Line); Mitsui O.S.K. Lines Ltd. (MOL); and Nippon Yusen Kaisha (NYK)


Tug and Barge Disabled near Galveston

Photo: USCG

Emergency responders are working to keep a disabled tug and barge from running aground off of Texas.   U.S. Coast Guard response and incident management teams are coordinating with G & H Towing and T & T Marine Salvage to prevent a disabled tug and barge from running aground on


New Tug, Barge Enter Service for Vane Brothers

Photo: Vane Brothers Company

Marine transportation provider Vane Brothers has added two newly constructed vessels to the company’s growing fleet: the 4,200-horsepower tugboat Philadelphia and the purpose-built asphalt barge Double Skin 510A.   Primarily tasked with towing petroleum barges engaged in the North


AWO, ACC Renew Chemical Shipping Agreement

The American Waterways Operators (AWO) and The American Chemistry Council (ACC) have renewed for three years a Memorandum of Agreement to promote environmental, health, safety and security performance through ACC's Responsible Care and AWO's Responsible Carrier Program






 
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