Kirby Complete Penn Maritime Takeover
Kirby Corporation completes the acquisition of Penn Maritime Inc. & Maritime Investments LLC, US operators of tank barges and tugboats. Penn's fleet, comprised of 18 double-hulled tank barges with a capacity of 1.9 million barrels and 16 tugboats, operates along the East Coast and Gulf Coast of the United States. Penn's tank barge fleet has an average age of approximately 13 years with a product mix that consists primarily of refinery feedstocks, asphalt and crude oil. Penn's customers include major oil companies and refiners, nearly all of whom are current Kirby customers for inland tank barge services. Kirby Corporation, based in Houston…
The Landing School Names Schuhmann President
The Landing School’s Board of Trustees is pleased to announce that it has named the 4th President of the Landing School. Richard J. Schuhmann, Ph.D., a former student at The Landing School and currently a Senior Lecturer and Program Manager at MIT, will begin as The Landing School’s next President on September 1, 2014. After an exhaustive search, Dr. Schuhmann was appointed on the unanimous recommendation of the Board of Trustees. He will succeed Bob DeColfmacker, who intends to retire while continuing to advise the school on strategy and major Projects. Dr.
USCG Photo: Cutter Eagle in Philadelphia
The crew of the Coast Guard Cutter Cleat, homeported in Philadelphia, escorts the cutter Eagle and its crew to Penn's Landing in Philadelphia, March 18, 2011. The Eagle, homeported in New London, Conn., is the only active sailing square-rigger in U.S. government service and is celebrating the 75th anniversary of its construction. U.S. Coast Guard photo by Petty Officer 1st Class Mike Lutz.
Edoc'sHELM Selected by Penn Maritime
Connecticut-based Penn Maritime Inc. (Penn) has selected Edoc’s HELM Marine Operations Software to replace their existing scheduling and invoicing system. Penn’s current fleet of 19 barges and 13 tugs that operate along the east coast, gulf coast and west coast of the United States will have their voyages scheduled, tracked, and invoiced through HELM. Since Penn’s business is focused on bulk tanker barging it presented a unique situation for which HELM was adapted. HELM will solve many problems users face in Penn’s current system. HELM’s flexibility makes it perfect for Penn’s high volume of business and constantly changing business requirements. By providing a graphical user interface to plot the vessel’s voyages, the system provides another tool for users to efficiently plan schedules.
LR, Penn Oak Energy Partner for LNG Retrofit Service
Lloyd’s Register North America, Inc. (LR) has teamed with Penn Oak Energy Corp to help companies raise capital and mitigate the technical risks associated with retrofitting ships fuelled by liquid natural gas (LNG), by providing a one-stop-shop solution to the industry. Ships that are fuelled by LNG can reduce operating costs while meeting stricter environmental regulations. LNG-fuelled ships have reduced emissions (nitrogen oxide, sulphur oxide and particulate matter) as compared with heavy bunker oil and even low-sulphur marine diesel. Historically, the leading expense for ship operators is fuel and personnel. The challenge to building these new ships has been that shipowners are unwilling to invest in LNG-fuelled ships if supplies of LNG bunker are difficult to obtain…
Kirby to Acquire Barge & Tankship Operator Penn Maritime
Kirby Corporation (Kirby) has signed an agreement to acquire Penn Maritime Inc. (Penn) and Maritime Investments LLC. Penn Maritime is an operator of tank barges and tugboats participating in the coastal transportation of primarily black oil products in the United States. The total value of the transaction is approximately $295 million (before post-closing adjustments and transaction fees) and will consist of cash, Kirby common stock and the retirement of Penn's debt. Penn operates a fleet of 18 heated, double-hulled tank barges, with a capacity of 1.9 million barrels, and 16 tugboats along the East Coast and Gulf Coast of the United States.
Penn Yan Boats Wins Contract
Penn Yan Boats has received its first municipal contract: Providing a new Pelican Bay brand patrol boat for New York's Chautauqua County Sheriff's Department. The boat contract is for a Pelican Bay model V-160 with a 70 hp Johnson outboard. Penn Yan acquired the Pelican Bay Boat company in early January 2000.
Baltic Exchange CEO Stepping Down
Jeremy Penn, chief executive of London's centuries old Baltic Exchange will step down next year, the exchange said on Friday. Penn, who took the helm as CEO in 2003 after previous top positions with international news agency Reuters, will leave next summer. "It has been a privilege to work for the interest of the Baltic, its members and shareholders for the last 12 years and in many ways I shall be sorry to go," Penn said in a statement. During his tenure, Penn rebuffed overtures in 2010 and 2013 from the London Metal Exchange (LME) over a potential tie-up and also faced heat from brokers over the launch in 2011 by the Baltic of the first central freight derivatives platform Baltex, fearing they would lose business. Reporting by Jonathan Saul
Two Missing After Boat, Barge Collision
Crews of the Coast Guard, Philadelphia fire and police, New Jersey police and others are searching for two people after a collision between a duck boat and a barge near Penn's Landing in Philadelphia. Ten of the passengers were taken to Hahnemann University Hospital. At 2:39 p.m. a collision occurred between a duck boat, with 35 passengers and two crewmen, and the 250-foot tug and barge Caribbean Sea on the Delaware River in about 10 feet of water. The Coast Guard launched boat crews from Station Philadelphia and Aids to Navigation Team Philadelphia and an MH-65C Dolphin helicopter crew from Air Station Atlantic City, N.J., to rescue those in distress.
Philadelphia Belle Interior by Directions In Design, Inc.
The marine interior planning team at Directions In Design, Inc. (DID) has completed the interior design for the total renovation of Philadelphia’s newest dining/entertainment venue, the Philadelphia Belle. DID provided theme development; space planning; and selections and specifications for floors, walls, lighting and furniture for all decks, including dining rooms bars, and live entertainment area. Window treatments, accessories and signage were also part of the comprehensive design package. All interior planning and selections meet U.S. Coastguard regulations.
Conrad Adds to Backlog
Conrad Industries, Inc. won contracts totaling $13.5 million to build two 300 x 60 x 24-ft. 35,000 Barrel Double Hulled Oil Tank Barges for Penn Maritime, Inc., and to repair, renovate and perform hull modifications to a riverboat casino to be operated in Mississippi. excess capacity at our Deepwater facility which helps us capitalize on our investment there. currently owns and operates 20 barges and 14 tugboats making Penn one of the largest U.S. transporters of residual oil and heated asphalt products. Subchapter D cargoes. Hancock County, Mississippi.
New York Thruway Contract Awarded
The New York State Thruway Authority has awarded a contract to Penn Yan Marine Manufacturing Corporation for construction of a custom work boat for inspection and maintenance in the Tappan Zee Bridge area of New York. The model selected is Penn Yan's 2001 Spector, which is 20.5 ft. long, with an eight ft. beam. The model features Penn Yan's new Center Console with a unique forward deck, making it especially suited to the requirements of the job, by providing a large lockable equipment locker, as well as a large work platform at the bow, leaving considerable uncluttered cockpit area available. Powered by a Johnson 115 hp OceanPro outboard motor, the vessel will attain speeds of 36-38 mph.
Photo: Launching of USNS Washington Chambers
USNS Washington Chambers, the Navy's newest ship in the Lewis and Clark-class of dry cargo/ammunition ships, was christened and launched Sept. 11, during a morning ceremony at the General Dynamics NASSCO shipyard in San Diego. The 689-ft Chambers, designated T-AKE 11, slid into the water for the first time as the ship's sponsor broke the traditional bottle of champagne against the bow. Chambers' sponsor is Loretta Penn, wife of former Assistant Secretary of the Navy for Installations and Environment and former Acting Secretary of the Navy, B.J. Penn.
Skipjack En Route to West Coast
Penn Maritime's newest vessel, Skipjack, is currently en-route from the builder, Thoma-Sea Boatbuilder, on the Gulf coast to the west coast. It is pushing a new 90,000 barrel tank-barge. A sister ship is expected to deliver from the same yard in October this year. These are a part of Penn's five boat order from the yard.
Hornbeck Offshore Announces Expansion of Its Board
Hornbeck Offshore Services, Inc. announced that it has expanded the size of its Board of Directors from seven to eight members. Steven W. Krablin has been elected to fill the newly created position and will serve as a Class II director. Class II directors will be up for re-election at the Company's 2006 Annual Meeting of Stockholders. Mr. Krablin meets the independence and financial expertise requirements of the New York Stock Exchange and has been appointed to serve on the Company's Audit and Compensation Committees. From January 1996 until April 2005, Mr. Krablin served as the Senior Vice President and Chief Financial Officer of National Oilwell, Inc.
Changes to Kirby Corp. Board
C. Berdon Lawrence retires from Board after 13 years of service, William M. Waterman, former President of Penn Maritime, elected to Board. Kirby Corporation, based in Houston, Texas, is the nation's largest domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii. Mr. Lawrence is retiring to devote more time to family and other business interests, having served as Chairman of the Board of Kirby from October 1999 to April 2010 and has served as Chairman Emeritus of the Kirby Board since April 2010. Mr. Lawrence was the founder and former President of Hollywood Marine, Inc. an inland tank barge company acquired by Kirby in October 1999.
Series to Feature Ships Lost at Sea
"Andrea Doria: Dive to Adventure and Danger" is the first in a three-part lecture series, "Lost at Sea," that highlights Penn State research on shipwrecks. The "Andrea Doria" presentation will take place at April 13 in 26 Hosler Building on the Penn State University Park campus. David Bright, Penn State alumnus and president of Nautical Research Group Inc. of New Jersey, will present a multifaceted view of the Andrea Doria from her initial planning and construction to salvage dives in the 260 feet of cold North Atlantic waters. The Andrea Doria was an Italian steamship with 1,705 passengers and crew on board that was struck in fog off the coast of Rhode Island by the Swedish-American liner Stockholm. The ship was traveling from Genoa, Italy, to New York City in 1956.
Bollinger Converts Barge to ATB
Bollinger Gulf Repair L.L.C., (BGR), a Bollinger Shipyards, Inc., facility, has completed the retrofit and modifications of a Penn Maritime Inc. oceans tank barge to an OPA ‘90 compliant articulated unit. The 360-foot, 66,500 barrel black oil Barge POTOMAC arrived at Bollinger's New Orleans east facility and began the transformation from a single sided hull to double hull vessel with a new outer skin to meet the requirements of OPA '90. Her stern was modified and outfitted with the Beacon JAK connection system. The barges heating system received additional heating coils and a new 12 million BTU Vapower unit. A ballast system and a twelve-foot bow plug, along with an updated electrical system, were part of the conversions.
JLG and Penn State Form JLG University
JLG Industries, Inc. has formed a corporate university called JLG University. Additionally, an alliance with Penn State University has been created to help accomplish the University's goals. The new University represents the company's proactive approach to providing the skills needed to maintain leadership in world markets. While many aerial work platform companies provide short-term proprietary courses, JLG University is the industry's first training alliance between a major university and a corporation. The curriculum at the new JLG University will include workshops, seminars, credit and non-credit courses, certificate programs and both undergraduate and graduate degree programs.
Bay Shipbuilding Picks ATB Design
Stamford, CT. Tug/Barge design. 12-710G main engines, for a total of 6,000 BHP. barges. Robert P. any connection system, yet was simple to build and outfit. smaller, and able to be built in fewer man-hours. issues. about to be contracted. Two others are to be built overseas. Transportation of Norfolk, VA, and Exxon-Mobil Corp. through monitoring the operation of the parent design. systems. Hill. Lakes AT/B tug "DOROTHY ANN" with Bay. Exxon-Mobil unit, designed by CT Marine, was also built there. customers and vendors. have one of our new designs in their fleet.", said Hill. back in 1994.
Manitowoc Gets Hot Oil Tug Barge Contract
The Manitwoc Company, Inc. and its subsidiary, Bay Shipbuilding Co., part of Manitowoc’s Marine Group, has been granted a contract from Penn Maritime, Inc. to build an ocean-class tug and a 140,000-barrel, double-hull hot oil barge. The contract also permits Penn to purchase a second tug/barge combination within 120 days. With the barge to measure 480 x 78 x 36.5 ft. (146.3 x 23.7 x 11.1 m) and equipped with a system of heating coils to maintain cargo temperatures at or above 135 degrees F, the 6,000-hp tug will boast measurements of 123 x 38 ft. An Intercon coupler will link both vessels into a 564-ft. overall length unit that will be ABS, U.S. Coast Guard and OPA-90 compliant. The unit is scheduled for delivery by December 2004.
First of Five ATBs Nearing Completion at Penn Maritime
With delays in getting parts for the assembly there was a hold up in the delivery of the first of Penn Maritime’s new tugs from Thoma-Sea Boatbuilders. Now the first of five, M/V Skipjack, is nearing completion and will deliver in May. In a near assembly-line production process the second vessel, M/V Coho, will launch sometime in May and deliver in August. The other tugs are already taking shape and will follow on a regular schedule. Following its delivery the Skipjack will travel to New Orleans to meet up with a 90,000-barrel barge that will come down from its builders at Corn Island Shipyard on the Ohio River in Indiana. Cummins QSK60 engines turning 104 by 112-inch skewed props in Nautican Nozzles with shutter rudders power the 4000 hp Penn tugs. The coupling system is a JAK-400.
Retlif Promotes Reitz to Director of Engineering
Independent EMC and environmental testing organization Retlif Testing Laboratories has promoted Richard Reitz to the position of Director of Engineering. Reitz has been with Retlif since 1985, serving in several capacities. As Director of Engineering, he will now oversee testing and staff engineers at all the Retlif testing facilities including Ronkonkoma, N.Y. headquarters and Plainview, N.Y. composite laboratory, as well as the Harleysville, Penn., Charlotte, N.C. and Goffstown, N.H. laboratories. Reitz will be based in Harleysville, Penn.