I have always believed in a version of the trickle-down theory, at least in tracking markets, by starting at the top to follow a Reader’s Digest summary of global growth and trade down to transportation, utilization and earnings.
U.S. flag, single-hull, 45,000bbl tank barge was sold on a private & confidential basis.
Marcon International, Inc. is pleased to announce the private & confidential sale of a 166’ U.S. flag offshore supply vessel.
Of the 13,224 vessels and 3,770 barges that Marcon currently tracks, 4,982 are tugs with 593 currently officially on the market for sale worldwide, down 6.91% since August 2016 and 16.60% from August 2012.
Of the 3,770 barges and 13,224 vessels we currently track, 692 are tank barges with 50 inland and 27 ocean or coastal barges officially on the market for sale.
Of the 13,224 vessels (excluding barges) Marcon currently tracks, 739 are inland river pushboats with 107 officially on the market for sale (89 U.S. flag and 18 foreign flag).
Of 13,224 vessels and 3,770 barges tracked by Marcon, 3,251 are supply and tug supply boats, with 301 officially on the market for sale.
Of the 13,224 vessels and 3,770 barges Marcon tracks, 1,125 are crew, fast supply & pilot boats with 229 officially on the market for sale, plus we have 46 boats available for charter worldwide.
October 20, 2017 - Saudi Arabia is the world’s second-largest holder of proved oil reserves, ranking second only to Venezuela, holding roughly 16% of total reserves. In 2016, Saudi Arabia was the largest exporter of total petroleum liquids (crude oil and petroleum products), with exports mostly destined to Asian and European markets.
Wednesday, October 18, 2017 - A combination of forecast colder temperatures and higher heating oil prices in the United States is contributing to higher expected household heating oil expenditures during the winter heating season October 2017 through March 2018.
Monday, October 16, 2017 - According to the Paris-based, International Energy Agency’s "Oil Market Report", following very strong year-on-year demand growth of 2.2 mb/d in 2Q17, the pace slowed to 1.2 mb/d in 3Q17, reflecting relatively weak July and August data and the impact of hurricanes in September.
Sunday, October 10, 2017 - Global upswing in economic activity is strengthening, with global growth projected to rise to 3.6% in 2017 and 3.7% in 2018. Broad-based upward revisions in the euro area, Japan, emerging Asia, emerging Europe, and Russia more than offset downward revisions for the U.S. and U.K
Tuesday, October 10, 2017 - EIA forecasts that average household expenditures for all major home heating fuels will rise this winter because of expected colder weather and higher energy costs. Average increases vary by fuel, with natural gas expenditures forecast to rise by 12%, home heating oil by 17%, electricity by 8%, and propane by 18%.
Friday, October 06, 2017 - Baker Hughes, a GE Company (NYSE:BHGE) announced that the international offshore rig count for September 2017 was 190, down 11 from the 201 counted in August 2017, and down 31 from the 221 counted in September 2016. The average U.S. offshore rig count for September 2017 was 18, up 1 from the 17 counted in August 2017 and same as the 18 counted in September 2016.
Thursday, October 05, 2017 - Ecuador’s energy mix is dominated by oil, although its challenging investment environment and lack of domestic refining capacity limit oil revenues.
Monday, September 11, 2017 Coast Guard hosting towing vessel industry outreach meetings to discuss Subchapter M regulatory compliance.
Wednesday, September 06, 2017 - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $43.7 billion in July, up $0.1 billion from $43.5 billion in June, revised.
Friday, August 25, 2017 - Oman is the largest oil and natural gas producer in the Middle East that is not a member of the Organization of the Petroleum Exporting Countries.
Wednesday, August 09, 2017 - Forecasters are now predicting a higher likelihood of an above-normal season, and they increased the predicted number of named storms and major hurricanes. The season has the potential to be extremely active, and could be the most active since 2010.
Friday, August 04, 2017 - The Department of Atmospheric Science at Colorado State University maintains their forecast for above-average Atlantic hurricane activity in 2017.
Tuesday, July 25, 2017 - The World chokepoints for maritime transit of oil are a critical part of global energy security. About 61% of the world’s petroleum and other liquids production moved on maritime routes in 2015. The Strait of Hormuz and the Strait of Malacca are the world’s most important strategic chokepoints by volume of oil transit.
Monday, July 17, 2017 - The U.S. Coast Guard is issuing a new task to the Towing Safety Advisory Committee (TSAC). The U.S. Coast Guard is asking TSAC to help the agency identify existing regulations, guidance, and collections of information (that fall within the scope of the Committee’s charter) for possible repeal, replacement, or modification. This teleconference will be open to the public.
Monday, July 17, 2017 - The Coast Guard announced in the Federal Register July 14, 2017, the availability of Change2 to the Marine Safety Manual (MSM), Volume III, Marine Industry Personnel, and the corresponding Commandant Change Notice that highlights the changes made to that manual.
Monday, July 17, 2017 - The U.S. has historically had a very strong transportation system. This basic advantage to be able to competitively source and deliver goods and raw materials is slipping as infrastructure maintenance and improvements fall behind, and funding diminishes at the state and federal levels
Thursday, June 29, 2017 - U.S. real gross domestic product increased at annual rate of 1.4% in first quarter 2017 according to "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter 2016, real GDP increased 2.1%.
Wednesday, June 14, 2017 - The Coast Guard Office of Commercial Vessel Compliance has issued Policy Letter 17-03: Phase-In Period for Existing Towing Vessels Using the TSMS Option Under Title 46, Code of Federal Regulations (CFR) Subchapter M.
Thursday, May 25, 2017 - The CPB World Trade Monitor shows that the volume of world trade increased 1.5% in March, having decreased 0.8% in February. World industrial production grew 0.3% monthonmonth and grew 0.6% in 2017Q1 (1.2% in 2016Q4).
Thursday, May 25th, 2017 - McKeil-Malaspina Ltd. of Burlington, Canada have sold their 300’ x 90’ x 20’ ocean ballastable deck barge "MM-300" to foreign private buyers.
Monday, May 15, 2017 - For 2016, EIA estimates that OPEC earned about $433 billion in net oil export revenues. This represents a 15% decline from the $509 billion earned in 2015.
Tuesday, May 09, 2017 - After commissioning, passing hovering trials and a champagne christening, the world’s largest hover barge "Ghost" with its 9,000ft2 clear deck and 450 tonne payload capacity is operational and now ready-to-work. Marcon International, Inc. has been appointed as exclusive broker. (MB21082)>>>