Insights: Jennifer Carpenter, AWO President & CEO
Jennifer A. Carpenter serves as President & CEO of The American Waterways Operators (AWO), the national trade association representing the inland and coastal tugboat, towboat and barge industry. Carpenter joined AWO in August 1990 and became President & CEO in January 2020. Before assuming her current position, she worked her way up the hawsepipe from Government Affairs Assistant to Executive Vice President & Chief Operating Officer, holding a series of progressively responsible positions including Manager-Regulatory Issues…
Interview: Ed Grimm, CEO, Southern Towing Company
“In God we trust. All others must have data.”When Ed Grimm took the helm of Southern Towing Company (STC)as President and CEO, he inherited an enviable team of leaders, engineers, mentors, communicators and analysts. Today STC is a clear leader on the inland waterways, pioneering and proving the business and safety value of Z-Drives on the river towboats.How did you come to the top spot at Southern Towing Company?I started in the energy industry at 16 working at an oil storage depot in New York Harbor, working there through high school and putting myself through college.
SHORTSEA SHIPPING: All the Right Moves (Finally)
Marine Highways Gain Traction in the Intermodal Supply Chain.In the United States, landside infrastructure is at a crisis point. Congestion at the big hub ports, exacerbated by imperfect intermodal interfaces with surface transport serving cargo hinterlands is at the heart of the matter. As politicians bicker over a possible infrastructure package, the Highway Trust Fund, funded by taxes on gasoline and diesel fuel, has continued its downward journey towards further deficits (now $144 billion). And, where countless U.S.
Cleancor's LNG Supply Push Via Mississipi River
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.
New Ethanol Terminal Inaugurated in Columbia
In Washington state, Tidewater Transportation and Terminals inaugurated a $12.5 million ethanol unloading and storage site in Pasco to serve the Columbia and Snake River regions.On Tuesday, August 27, more than 60 area notables, members of the business community, and terminal personnel gathered mid-afternoon for a ribbon cutting ceremony and celebration of the company’s state-of-the-art, onsite ethanol unloading and storage facility in Pasco.The facility consists of a 24-hour ethanol unit train railcar unloading rack with 24 new unloading stations and associated rail spurs.
INSIGHTS: Peter Stephaich
Chairman & CEO, Campbell Transportation Company.Peter H. Stephaich is Chairman and CEO of Blue Danube Incorporated and Campbell Transportation Company. Currently, he is also Chairman of the Board of the Waterways Council, Inc. (WCI). Peter also serves on the Board of Directors of Blue Danube, a position that he has held since 1982. Serving the barge industry for over 30 years in a number of key roles, he also counts among his many qualifications his tenure(s) as Past Chairman and Past Treasurer of the American Waterways Operators (AWO)…
Kirby Closes Cenac Fleet Acquisition
Kirby Corporation announced the completion of the acquisition of the marine transportation fleet of Cenac Marine Services, LLC, an operator of tank barges and towboats participating in the inland tank barge transportation industry in the United States. The total value of the transaction was approximately $244 million and was financed with additional borrowings. Cenac’s fleet consists of 63 30,000-barrel inland tank barges with approximately 1.9 million barrels of capacity, 34 inland towboats, and 2 offshore tugboats.
Port of Everett Earns Marad Short Sea Shipping Designation
The Port of Everett has achieved another vital step in reducing congestion on the I-5 corridor while moving more freight in the region. The Port was notified this month that it received designation by the U.S. Secretary of Transportation as a Federal Maritime Administration Marine Highway Project for the Puget Sound Container on Barge Service under the America’s Marine Highway Program.The Port is one of 25 marine highway projects in the nation, and the only marine project designation on the West Coast.
Crounse Corporation Chooses MobileOps
MobileOps, Inc. said it has recently signed a term contract with inland river transportation company Crounse Corporation.Crounse provides full service barge transportation as well as harbor and fleeting services. MobileOps software will assist Crounse with vessel and safety management, as well as auditing processes.“The MobileOps team is very excited and grateful to have the opportunity to work with such a high caliber company like Crounse Corporation”, said Vice President of business development Greg Armfield.MobileOps is a cloud-based subscription solution that includes Vessel Management…
By the Numbers: Barge Transportation Market
Barge transportation comprises an extensive network, ideal for carrying seaborne cargo to inland destinations and exports alike. Responsible, in part, for the worldwide trade of bulk transport, the industry is of great significance to the agricultural sector. In North America, The Army Corps of Engineers maintains and operates over 12,000 miles of canals, rivers, and inland waterways. The Illinois Waterway and Mississippi River are the major waterways in the region that are responsible for moving agricultural and farm products through barges.
Kirby Closes Acquisition of Higman Marine
Kirby Corporation has announced the completion of the acquisition of Higman Marine, Inc. and its affiliated companies (“Higman”), an operator of tank barges and towboats participating in the inland tank barge transportation industry in the United States. The total value of the transaction was approximately $419 million in cash before post-closing adjustments and transaction fees. issuance of senior notes, which closed on February 12, 2018. The new senior notes provided for $500 million in fixed rate debt at 4.2% with a 10-year maturity on March 1, 2028.
Campbell CEO Stephaich Weighs in on All Things Inland
Peter H. Stephaich is Chairman and CEO of Blue Danube Incorporated and Campbell Transportation Company. Peter is also on the Board of Directors of Blue Danube, a position that he has held since 1982. If today he isn’t the most familiar name on the domestic waterfront, then perhaps, he should be. Serving the barge industry for over 30 years in a number of key roles, he also counts among his many qualifications his tenure(s) as Past Chairman and Past Treasurer of the American Waterways Operators (AWO)…
Kirby Announces 2Q Results
Kirby Corporation (NYSE: KEX) has announced net earnings attributable to Kirby for the second quarter ended June 30, 2017 of $25.8 million, or $0.48 per share, compared with $38.9 million, or $0.72 per share, for the 2016 second quarter. Second quarter net earnings includes pre-tax expenses of $0.7 million, or approximately $0.01 per share, related to the pending acquisition of Stewart & Stevenson LLC (“S&S”). Consolidated revenues for the 2017 second quarter were $473.3 million compared with $441.6 million reported for the 2016 second quarter.
MN100: Tidewater Transportation and Terminals
Nearly 85 years ago, Tidewater pioneered commercial transportation on the upper Columbia Snake River system and opened up one of the nation’s most isolated regions to global markets. Today, Tidewater Holdings is comprised of Tidewater Barge Lines, Tidewater Terminal Company, and since 2014, Tidewater Environmental Services, Incorporated. Tidewater Terminal Company works in conjunction with its Barge Lines, using key intermodal connections to railroads, highways and pipelines.
American Waterways Operators Elects Chairman
The members of the American Waterways Operators, the national trade association representing the tugboat, towboat and barge industry, elected a new slate of leaders during AWO's Spring Convention held recently in Washington, D.C. James F. Farley, Corporate Vice President – Industry Relations, Kirby Corporation, was elected Chairman. Edward J. "Ted" Tregurtha, President of Moran Towing Corporation, was elected Vice Chairman. Mr. Farley succeeds outgoing Chairman David G. Sehrt, Senior Vice President and Chief Engineering Officer of Ingram Barge Company.
Waterways Are the Greenest Way to Go
In celebration of Earth Day 2016, The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI) released a fact sheet highlighting the many environmental and energy efficiency benefits of our nation’s waterways. Among them, Did You Know... Barge transportation of commodities on our nation’s waterways is the greenest way to move bulk freight. In 2014, 604 million tons of cargo valued at $232 billion moved on the inland waterways system with the lowest environmental impact among surface transportation modes.
West Calcasieu Port to Undergo Waterfront Upgrade
West Calcasieu Port officials have awarded a $1.6 million construction contract to Orion Marine Construction, Inc. for the replacement of bulkheading along the port’s waterfront on the Gulf Intracoastal Waterway. “The West Cal Port Board of Commissioners was impressed with the strong interest and participation in the highly competitive bidding process on the part of the marine construction industry,” said West Calcasieu Port Director Lynn Hohensee. The bids were formally opened during a special port board meeting earlier in March. “Incorporated in the construction project plan is the replacement of aged, deteriorated bulkhead with new steel bulkhead,” Hohensee explained.
AWO Hails DHS Subchapter M Approval
Regulations Now in Final Stage of Administration Review. The American Waterways Operators, the national trade association for the tugboat, towboat and barge industry, hailed the Department of Homeland Security’s approval of the U.S. Coast Guard’s rule to establish an inspection regime for towing vessels at 46 CFR Subchapter M. The Subchapter M rule is now under review at the White House Office of Management and Budget, which is the final stage in the Administration review process and typically takes about 90 days.
AEP to Sell AEP River Ops To ACL
American Electric Power (AEP) has signed an agreement to sell its commercial barge transportation subsidiary, AEP River Operations LLC, to American Commercial Lines (ACL), owned by Platinum Equity, for approximately $550 million. AEP River Operations is a commercial inland barge company delivering about 45 million tons of products annually, including 10 million tons of coal. AEP River Operations has 56 towboats, 2,301 barges and 1,090 employees. The company is headquartered in Chesterfield, Missouri, with operations in Paducah, Kentucky, and Convent, Algiers and Belle Chasse, Louisiana.
MN 100: AEP River Operations
AEP River Operations offers the largest covered hopper fleet of any carrier. Complementing its barge operations is a fleet of over 80 boats ranging in power from 1,550 to 11,000 hp. Headquartered in St. Louis, Missouri, AEP River Operations is a barge company offering service in the transportation of dry bulk commodities – grain, project cargo, coal, steel, ores and other bulk products – throughout the inland river system. AEP River Operations offers the largest covered hopper fleet of any carrier.
The ‘Greening’ of America’s Marine Highways
Ingram Barge Company sees two kinds of green in their newest venture on the inland rivers. In late March, the Paducah-McCracken County Riverport Authority and Ingram Barge Company announced plans to assess the viability of Intermodal River Transportation, utilizing the largest flat-top crane in North America and Ingram’s towboats and barges. On March 27th, that plan came to life as the Paducah Riverport Authority’s 200-ton crane lifted 54 empty containers and stacked them neatly on an Ingram-owned barge. An Ingram towboat then transported the container laden barge to the port of St.
Ingram to Build 20 Tank Barges in 2015
Ingram Barge Company announced that it will build 20 tank barges in 2015 to meet growing demand for chemical shipments. While most of the company’s recent tank barges have come through acquisitions, this continued expansion in their barge fleet coincides with a 10-year plan that began in 2007 to build barges with Trinity Industries. With this building strategy, Ingram has been able to maintain its fleet size as barges reach retirement age. Ingram said today’s announcement demonstrates…
MN 100: Robert Allan Ltd.
Executive Chairman of the Board: Robert G. Robert Allan Ltd. is Canada’s oldest private consulting Naval Architectural firm. Established in Vancouver in 1930, the company first produced designs for the British Columbia fishing fleet and coastal ferry services, among others. The company was restructured in 2008 to become employee owned with the firm’s senior leadership becoming shareholders in the business. In addition to ship design, Robert Allan Ltd. offers a range of marine engineering analysis services…