Recent months’ MGO activity has resembled a rollercoaster ride with all the ups and downs seen in all regions that we report on. When looking at the most recent months, July decreased across the board from June’s ending prices, but then by end of August, all regions were back up. Interestingly enough, despite the volatility seen, we have edged very close to where prices were one year ago end August, with three areas within 5% of last year’s prices.
Olympic Tug & Barge of Seattle, Washington has sold their harbor tug "Catherine Quigg" to U.S. East Coast buyers.
Marcon is pleased to announce the sale of a U.S. flag 52,000 barrel ocean tank barge on private terms.
The sale of the Marpol double-hull, product tanker "Tsemes" was recently concluded to direct Mexican buyers.
The U.S. flag, ABS coastal loadline, deck barge "Islander" was sold.
October 14, 2016 - This safety alert reminds vessel owners, operators, mariners, cruises ship passengers, and all others employed in the maritime domain of the importance of concerns associated with Samsung Galaxy Note 7 Smartphone. This includes phones recently replaced.
October 04, 2016 - This safety alert reminds owners and operators of businesses and vessels associated with the towing of large drilling rigs, such as semi-submersibles, conical or other types of non-standard tows, of the importance of planning for such significant towing operations.
July 20, 2016 - The Coast Guard corrected errors which refer to the date July 20, 2016 in three regulations within the Inspection of Towing Vessel final rule that appeared in the Federal Register on June 20, 2016.
June 20, 2016 - The 46 CFR Subchapter M - Inspection of Towing Vessels Final Rule (FR) has been published in 81 FR 40003. The intent of the rulemaking is to promote safe work practices and reduce casualties both onboard, and caused by towing vessels.
Marcon International, Inc. of Coupeville, Washington is pleased to have been appointed by Purple Water Ltd., a towing and ship design company operating from Geneva, Switzerland and London, U.K. as exclusive broker to market the shipyard licensing and construction of the new patented design, double-ended, double hull tug "Giano"® design to be built in the Americas.
Every four years, the American Society of Civil Engineers (ASCE) publishes "The Report Card for America’s Infrastructure", which grades the current state of national infrastructure categories on a scale of A through F. Since 1998, America’s infrastructure has earned persistent D averages and the failure to close the investment gap with needed maintenance and improvements has continued.
Of the 3,816 barges and 13,121 vessels we currently track, 682 are tank barges with 38 inland and 26 ocean or coastal barges officially on the market for sale.
Of the 13,121 vessels and 3,816 barges that Marcon currently tracks, 4,945 are tugs with 637 currently officially on the market for sale worldwide, up 2.25% since May and 0.32% from August 2015.
Of the 13,125 vessels (excluding barges) Marcon currently tracks, 709 are inland river pushboats with 66 officially on the market for sale (55 U.S. flag and 11 foreign flag).
Of the 13,125 vessels and 3,876 barges Marcon tracks, 1,149 are crew, fast supply & pilot boats with 233 officially on the market for sale, plus we have 56 boats available for charter worldwide.
Of the 13,081 vessels and 3,831 barges tracked by Marcon, 3,280 are supply and tug supply boats, with 291 officially on the market for sale.
Wednesday, October 19, 2016 - According to the Paris-based, International Energy Agency’s "Oil Market Report", global oil supply rose by 0.6 mb/d in September, with non-OPEC up nearly 0.5 mb/d on higher Russian and Kazakh flows and OPEC at an all-time high.
Wednesday, October 19, 2016 - EIA’s recently released Winter Fuels Outlook projects that household heating expenditures and consumption will rise for all fuels compared with last year’s unusually mild winter.
Monday, October 17, 2016 - EIA projects average U.S. household expenditures for natural gas, heating oil, electricity, and propane will increase this winter (October 1 through March 31) compared with last
Friday, October 07, 2016 - Baker Hughes announces September 2016 rig counts. The average offshore rig count for the United States was 18, up 1 from the 17 that were counted in August 2016, and down 14 from the 32 that were counted in September 2015.
September 27, 2016 - The Pacific Northwest LNG Project represents one of Canada’s largest resource development projects with a total capital investment of up to $36 billion when accounting for upstream natural gas development.