Thursday, March 06, 2014 - December exports cap a year of steady growth and bring average exports for full-year 2013 to 3.5 million bbl/d, 350,000 bbl/d (11%) higher than in 2012 (Figure 2). The increase in exports was broad-based, affecting multiple products.

Wednesday, March 05, 2014 - Indonesia is reorienting energy production from serving primarily export markets to serve its growing domestic consumption. Indonesia’s energy industry has faced challenges in recent years from regulatory uncertainty and inadequate investment.

G & B Offshore of Cut Off, Louisiana purchased the U.S. flag "White Pony" from Cal Dive International.

Sebring Marine has sold the "Tyler M" to Wiggins Marine LCC of Port Hadlock, Washington.

Icicle Seafoods sold the "Discovery Star" to private U.S. West Coast interests.

Tuesday, February 11, 2014 - With any forecast, there are uncertainties that will result in global supply being higher or lower than expected.

Tuesday, February 11, 2014 - While the North Sea Brent crude oil monthly average spot price fell by almost $3 per barrel (bbl) from December to January, cold temperatures have tightened heating oil supplies and helped drive up retail prices.

Monday, February 10, 2014 - The average U.S. offshore rig count for January 2014 was 58, down three from the 61 that were counted in December 2013 and up six from the 52 counted in January 2013. 

Wednesday, February 05, 2014 - MGO prices have generally slid a bit during January, with the exception in Fujairah. There the average price for the month stayed the same at US$ 984.00 per metric ton as in December.

It has been 23 years since the Oil Pollution Act of 1990 became law. The sunset date is December 31, 2014, at which time all single hull tank vessels and barges in the United States will be phased out of petroleum service.

Sause Bros sold their 302.8’ x 90’ "Nehalem" to Island Tug and Barge.

Of 12,664 vessels and 3,846 barges tracked by Marcon, 3,167 are supply and tug supply boats. Tug supply boats officially on the market for sale decreased from 211 to 142 vessels since November 2012 and down 9.55% or 15 vessels from August.

Of the 12,664 vessels and 3,846 barges Marcon tracks, 1,089 are crew, fast supply & pilot boats with 185 officially on the market for sale, plus we have 41 boats available for charter worldwide. 28.1% of the boats officially for sale are U.S. flag. 58 crew boats for sale worldwide were built within the last 10 years.

Of the 12,664 vessels (excluding barges) Marcon currently tracks, 684 are inland river pushboats with 99 officially on the market for sale (85 U.S. flag and 14 foreign flag). Fifteen of the boats with age listed were built within the last ten years. 40 boats are forty-five years of age or older with the oldest listed built in 1939.

Of the 3,846 barges and 12,664 vessels we currently track, 733 are tank barges with 46 inland and 33 ocean or coastal barges officially on the market for sale.

Of the 12,552 vessels and 3,832 barges that Marcon currently tracks, 4,778 are tugs with 773 currently officially on the market for sale worldwide, up 6.3% since February 2013 and from up 2.0% from November 2012.