Currently, Marcon International, Inc., the ship sale & chartering firm, has 62 inland tank barges available for sale, down from 124 in June 1996. Most of these are typical U.S. inland river units of approximately 30 years of age (vs. an average active U.S. inland fleet age of 24 years). Marcon also has listed and available for sale a total of 41 ocean and coastwise barges compared with 50 in June 1996. Most of these are older single skin units. Even with OPA 90 retirement dates approaching and double skins being built, the firm reports not seeing any great numbers of U.S. single hull tank barges coming on the market - especially from the ocean and coastal fleets. There is a wide split in price ranges for those vessels for sale. Older charter-free units, either out of certificate or coming up on drydocking and internal structural inspections, are being offered out at prices as low as $3.50-5.50 per BBL for inland units, $10-15 per BBL for mid-size ocean units and even as low as $3.70-4.70 for larger ocean units. Barges with both active certificates and actively trading are maintaining their higher price levels based more on the value of that trade than the bare barge itself. Asking prices for these range above $10 per BBL for inland units, $40-50 per BBL for mid-size ocean barges and $17-30 per BBL for the larger units above 16,000dwt.
Currently, Marcon International, Inc., the ship sale & chartering firm, has 62 inland tank barges available for sale, down from 124 in June 1996. Most of these are typical U.S. inland river units of approximately 30 years of age (vs. an average active U.S. inland fleet age of 24 years). Marcon also has listed and available for sale a total of 41 ocean and coastwise barges compared with 50 in June 1996. Most of these are older single skin units.
Bouchard Transportation Co., Inc., an independently-owned oceangoing petroleum barge company, received the 2014 AMS Tug & Barge Safety Award from the American Maritime Safety, Inc. (AMS) on Thursday, October 23. The award, accepted by Morty Bouchard IV, Vice President of Operations & Sales, recognizes the implementation of outstanding compliance programs that serve to enhance crewmember efficiency and the safe operation of tug and barge vessels in the U.S. coastal waters
Marcon International, Inc. of Coupeville, Washington informed the sale of the 1,700BHP “Benjamin Foss” by Foss Maritime Company of Seattle, Washington to private U.S. interests. The 78.0’ x 26.3’ x 11.0’ depth x 9.7’ draft, tug was built in 1980 by Main Iron Works of Houma, Louisiana as Hull 352 - the first in a series of seven “Super D” class, advanced, medium size tugs contracted in 1979
Crowley Marine Services has sold a 205’ x 90’ x 15’ former ice-strengthened, icebreaker / cargo barge, Arctic Endeavor, to Tagiuk LLC., the ship broker Marcon International, Inc. reported. The 3,029mtdw barge was built in 1982 by Gunderson Bros. to support resupply sailings to ports in the Arctic while being pushed by two 2,100HP Point-Class tugs. The barge was unique in having a wide spoon shaped bow tapering aft from 90’ at its widest point at frame 25
Marcon International, Inc. of Coupeville, Washington reported the sale of the U.S. flag, twin screw tug “Pacific Patriot” (ex-Pacific King) from Kirby Marine Offshore to U.S. West Coast buyers on private terms. This was the 300th tug brokered by Marcon and 1,351st sale or charter since the sale of the vintage and some would say very “classic” 1950s built, 135’ supply boat “Low Tide” from Tidewater in the early 1980s.
ConAgra Inc., the second largest U.S. food manufacturer, said last week it agreed to sell American Commercial Lines LLC (ACL) its large U.S. inland barge fleet and operations. Financial terms of the deal, which ConAgra said was part of ongoing series of strategic divestments, were not announced. But ACL will acquire 930 owned and chartered barges, nine chartered towboats and one dry dock, the companies said in a joint statement. The deal includes Peavey Barge Lines, Brown Water Towing Inc
The 10,000dwt, Vanuatu flagged ocean flat deck barge "DRC/Blake 1" (ex- Eide Barge 35, Pacific Horizon, MB-100, SLB-1 and SLB-2) was sold to private South American buyers, marking the second time that Marcon International, Inc. of Coupeville, Washington has sold this heavily-built unit. Marcon previously sold her from Horizon Offshore of Houston, Texas to Eide Marine Services of Norway in 2004. "DRC/Blake 1's" dimensions are 100m x 30m x 7
Marcon International, Inc. has brokered the sale of another tug from Crowley Marine Services, Inc. to Island Tug & Barge Co., of Seattle, Washington. Marcon inform thatt the sale of the ABS +A1, Towing, +AMS classed, 2,100BHP shallow draft ocean towing / push tug "Pt. Barrow" closed during the 3rd week of July, 2013, adding that the tug is already getting a fresh paint job with ITB's colors with her new name "Island Wind", and she will promptly be again underway
Hercules Offshore agrees sale of 11 inland barge rigs, which includes three active rigs, eight cold stacked rigs and related assets (Inland Asset Package) for cash proceeds of approximately $45 million. Excluded from the 'Inland Asset Package' are the Hercules 27, for which the Company has a separate agreement to sell the rig to a third party for $5 million, the Hercules 52, and the Hercules 9. The Company will also retain existing working capital within the Inland segment
dynaCERT Inc. has received CE certification for its HydraGEN technology. Specifically, the models HG1 (Class 6-8 trucks), HG2 (Class 2-5 trucks, refrigerated trailers and shipping containers) and HG3 (diesel-powered ocean ships
Wärtsilä and COSCO shipping Heavy Industry Co (CHI) have announced the joint development of a natural gas operating fleet concept, and this design has now obtained Lloyd's Register's (LR) Approval in Principle (AiP) certificate. The development project was carried out under the terms of
Professional captains and pilots in all sectors of the maritime industry confront daunting challenges and hazards every day on every trip. From piloting oceangoing ships into congested harbors and safely docking them, to navigating ferries, tourist vessels and water taxis through harbors and
The Bomin Group, a global physical supplier and trader of marine fuel oil, today reaffirmed its commitment to providing physical bunkering products and services in the Baltic, including Rostock, Germany’s largest Baltic port. In line with the company’s new regional hub structure
Marine stabilization company Seakeeper Inc. has promoted Andrew Semprevivo to Chief Operating Officer, effective April 10. A Seakeeper employee since the commercialization of the company in 2008, Semprevivo assumed various sales roles, culminating in his appointment as Vice President of Sales
T&T Marine Salvage, a member company of the Teichman Group, founded in 1957, received a new certification by the U.S. Coast Guard to detect and recover non-floating oils. T&T is the first Coast Guard recognized Salvage and Marine Firefighting service provider to receive this new Oil Spill
Three foreign investors have bid for the majority stake in Greece's Thessaloniki Port, reports Reuters. Phillipines-based International Container Terminal Services (ICTS), Dubai-based P&O Steam Navigation Company (DP World) and German private equity Deutsche Invest Equity
The National Air and Naval Service of Panama (Servicio Nacional Aeronaval - SENAN) has taken delivery of four Interceptor 1102 vessels from Damen Shipyards Group. The President of Panama, Juan Carlos Varela, performed the christening ceremonies of all four vessels on February 6, 2017.
Marcia Kull has been named President of Torqeedo Group, Inc., and will direct global sales and strategy for the electric and hybrid marine propulsion systems manufacturer. Kull will oversee Torqeedo’s growth activities in the Americas, EMEA and Asia-Pacific regions
Diana Containerships, a global shipping company specializing in the ownership of containerships, announced today that the Company has entered into a Securities Purchase Agreement with Kalani Investments, an entity organized in the British Virgin Islands (Kalani) that is not affiliated with
Lamor recently commissioned itsLSC 4C Side Collecting Oil Skimming System for Guam’s Oil Spill Response Operations Company (OSROCO) and T&T Marine Salvage (T&T) making it the largest skimming system in the region. OSROCO, a wholly owned subsidiary of Cabras Marine
Go east, young man, go east: Scania’s market reach grows with a key workboat contract. The reasons why are easy enough to see. When Scania announced its recent deal with Potomac Riverboat Company, part of the Entertainment Cruises family, to deliver eight, EPA Tier 3
Over the years Vancouver, BC based Island Tug and Barge (ITB) has refurbished and repowered older vessels and completed new vessels. The company is currently working on its most ambitious and innovative project to date. In its Annacis Island Shipyard
A new fleet of pusher tugs and barges for Louis Dreyfus Company have recently begun construction in Brazil, all to customized designs from Robert Allan Ltd. of Vancouver, Canada. The vessels will transport bulk grain products on the Amazon River system, with an expected delivery in 2017.
Hyundai Merchant Marine (HMM) has inked a memorandum of understanding (MoU) with state-backed Korea Shipping Company (KSC) for vessel sales worth up to Won850bn ($739.4m) book value, which will strengthen HMM's financial position.