Wednesday, June 21, 2017 - U.S. total crude oil and petroleum product exports more than doubled from 2.4 million b/d in 2010 to 5.2 million b/d in 2016. While exports of distillate, gasoline, propane, and crude oil have all contributed to the increase, growth rates and market drivers for each product have varied during this period.
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.
Wednesday, June 14, 2017 - According to the Paris-based, International Energy Agency’s "Oil Market Report", recent weaknesses in demand growth are likely to prove transitory, particularly in post currency-reform India.
Wednesday, June 07, 2017 - OPEC met on May 25 and announced an extension to voluntary production cuts that were originally set to end this month. The
agreed upon OPEC crude oil production target will remain at 32.5 million barrels per day (b/d) through the end of the first quarter of 2018.
Wednesday, June 07, 2017 - Baker Hughes announced that the international offshore rig count for May 2017 was 202, up 1 from the 201 counted in April 2017, and down 27 from the 229 counted in May 2016. The average U.S. offshore rig count for May 2017 was 22, up 2 from the 20 counted in April 2017 and down 2 from the 24 counted in May 2016.
Friday, June 2, 2017 - U.S. international imports and exports of all goods (excluding services) in U.S. dollars, total census basis, were down slightly in April 2017 compared to the previous month, but higher than April 2016.
Friday, May 26, 2017 - U.S. real gross domestic product increased at annual rate of 1.2% in first quarter 2017 according to "second" estimate released by the Bureau of Economic Analysis instead of the 0.7% reported last month. In the fourth quarter 2016, real GDP increased 2.1%.
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 25, 2017 - Forecasters at NOAA’s Climate Prediction Center say the Atlantic could see another above-normal hurricane season this year.
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.
Wednesday, May 10, 2017 - Nobody in business likes uncertainty. That is not reality. The reality is that uncertainty is the only thing that is certain. The "known knowns" break down periodically and bring periods of upheaval that appear to break all the old rules considered concrete even a short time ago.
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)>>>
Wednesday, May 10, 2017 - Kazakhstan, an oil producer since 1911, has the second-largest oil reserves and the second-largest oil production among the former Soviet republics after Russia.
Wednesday, April 26, 2017 - Malaysia is the world’s third-largest exporter of liquefied natural gas, the second-largest oil and natural gas producer in Southeast Asia, and strategically located amid important routes for seaborne energy trade.
Wednesday, April 19, 2017 - Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade. World growth is expected to rise from 3.1% in 2016 to 3.5% in 2017 and 3.6% in 2018.
Wednesday, April 12, 2017 - The 3,800HP U.S. flag, twin screw tug "Altair" was sold by Kirby Offshore Marine Pacific LLC of Houston, Texas to U.S. West Coast interests.
Tuesday, April 11, 2017 - Of the 3,848 barges and 13,124 vessels we currently track, 689 are tank barges with 39 inland and 25 ocean or coastal barges officially on the market for sale.
Tuesday, April 04, 2017 - Of the 13,124 vessels and 3,848 barges Marcon tracks, 1,126 are crew, fast supply & pilot boats with 220 officially on the market for sale, plus we have 53 boats available for charter worldwide.
Monday, April 03, 2017 - Of the 13,124 vessels (excluding barges) Marcon currently tracks, 730 are inland river pushboats with 96 officially on the market for sale (80 U.S. flag and 16 foreign flag).
Monday, April 03, 2017 - The United States’ 25,000 miles of inland waterways and 239 locks forming the freight network’s "water highway" gets a grade of "D" according to the American Society of Civil Engineers. Most locks and dams on the system are well beyond their 50-year design life, and nearly half of vessels experience delays.
Wednesday, January 4, 2017 - Of 13,111 vessels and 3,847 barges tracked by Marcon, 3,249 are supply and tug supply boats, with 270 officially on the market for sale. 75.74% of foreign and 98.53% of U.S. flag supply / tug supply boats Marcon has officially listed for
sale are direct from Owners.
Monday, August 1, 2016 - 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.