Marine Link
Tuesday, January 16, 2018

Tankering News

IMS Launches Tankering and Plant Service Company

Dave Hammond (Photo: IMS)

Inland Marine Service, Inc. (IMS) has partnered with Shawn Hantz of Third Coast Tankering, LLC to launch a new tankering and plant service division called Inland Marine Tankering, LLC (IMT), announced IMS president, Dave Hammond. IMS is a marine management company employing more than 700 professional mariners annually. The company is based in Hebron, Ky., with operations in Paducah, Ky.; St. Louis; New Orleans and Houston. “Two years ago, IMS began diversifying into other marine related business segments.

MN100: Inland Marine Service, Inc. (IMS)

Dave Hammond (Photo: IMS)

As one of the largest inland vessel management companies in the United States, Inland Marine Service (IMS) offers services to keep vessels crewed with seasoned, highly skilled mariners. With over 700 employees, IMS is able to serve customers across the Western Rivers, East Coast, and the Gulf Intracoastal Waterways. These crews enjoy a reputation for getting the job done on time and within budget. With 30 years of experience on the river, dedicated safety practices, and highly trained crews, IMS is committed to providing customers with secure, reliable, timely and cost effective solutions.

Inland Marine Service Appoints New Leadership

Kristina Luna (Photo: IMS)

Four corporate professionals have recently joined Inland Marine Service (IMS), announced Dave Hammond, President of Inland Marine Service. The new hires are Kristina Luna, HR Manager; Moses Garza, Tankerman Supervisor; Caleb King, Manager SHEQ/Compliance Director; and Brian Howell, Assistant Port Engineer. Reporting to Jason Adams, Luna will be based out of the Hebron office and will be responsible for all of the company’s human relations needs. Luna has 20 years of experience in employee management, human resources, event planning, marketing, and sales.

Lack of Shuttle Tankers: Problem for GOM?

Shuttle tankers meeting rigorous federal safety and environmental standards will be ready to begin transporting crude oil to U.S. ports whenever the first Floating Production, Storage and Offloading (FPSO) vessel is deployed in the Gulf of Mexico, Houston-based American Shuttle Tankers L.L.C. (AST) said today. "In the weeks since the Minerals Management Service (MMS) approved the use of FPSOs in the Gulf of Mexico, companies evaluating development options for deepwater oil discoveries in the U.S. solutions", said Oyvind Jordanger, president of AST. American Shuttle Tankers, which was formed last year by the top crude oil lightering company in the Gulf of Mexico and the leading shuttle tanker service provider in the North Sea…

Philippine Govt Eyes Sale of PNOC Tankers Anew

According to reports, the Philippine government has revived plans to dispose its interest in the shipping and transport arm of Philippine National Oil Co. (PNOC) as part of aggressive privatization efforts. The government is inviting prospective financial advisors to submit their offers for the sale of PNOC Shipping and Transport Corp. (PSTC). Interested bidders have until Dec. 12 to submit their offers. The financial advisor will be tasked to advise, guide, and assist in the design, planning, preparation, and implementation of the program for the privatization of the wholly-owned subsidiary of PNOC. Bidders should have Philippine and Asian experience as financial advisors to governments on privatization and knowledge in the shipping and maritime sector.

OPEC Set To Slash Production

OPEC's president said on Monday a likely cut in oil supply by the exporting cartel was no threat to global economic growth, but aimed at avoiding a price collapse in the second quarter of the year. Chakib Khelil, who is also Algerian Energy and Mining Minister, told Reuters Television that current OPEC exports were 1.5 million barrels per day (bpd) above forecast world demand this year, but that some members wanted to reduce by as much as two million to safeguard revenues. "We don't see oil having a tremendous impact on inflation. There may be more risk in Asia... but in Europe, the United States and Japan I do not see much impact on inflation and growth," Khelil said.

OPEC Set To Slash Production

OPEC's president said on Monday a likely cut in oil supply by the exporting cartel was no threat to global economic growth, but aimed at avoiding a price collapse in the second quarter of the year. Chakib Khelil, who is also Algerian Energy and Mining Minister, told Reuters Television that current OPEC exports were 1.5 million barrels per day (bpd) above forecast world demand this year, but that some members wanted to reduce by as much as two million to safeguard revenues. "We don't see oil having a tremendous impact on inflation. There may be more risk in Asia... but in Europe, the United States and Japan I do not see much impact on inflation and growth," Khelil said.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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