Thursday, January 18, 2018 - The Coast Guard can issue Certificates of Inspection (COIs) to towing vessels utilizing the Towing Safety Management System (TSMS) option to comply with 46 CFR Subchapter M.
Thursday, January 18, 2018 - Pipeline constraints have probably resulted in Western Canada Select (WCS) crude oil prices trading at their lowest levels compared with West Texas Intermediate (WTI) prices in nearly three and a half years.
There are two options for documenting compliance with the requirements for Subchapter M to obtain a U.S. Coast Guard Certificate of Inspection for a towing vessel. There’s the USCG option, in which all inspections of the towing vessel are conducted by the USCG. There is also the Towing Safety Management System (TSMS) option.
Tuesday, January 09, 2018 - EIA estimates that global petroleum and other liquid fuels inventory draws averaged 0.4 million barrels per day (b/d) in 2017, marking the first year of global inventory draws since 2013. EIA expects global inventories to increase by 0.2 million b/d in 2018 and by 0.3 million b/d in 2019.
Monday, January 08, 2018 - Baker Hughes, a GE Company (NYSE:BHGE) announced that the international offshore rig count for December 2017 was 191, up 8 from the 183 counted in November 2017, and down 19 from the 210 counted in December 2016. The average U.S. offshore rig count for December 2017 was 19, down 1 from the 20 counted in November 2017 and down 4 from the 23 counted in December 2016.
As the last transaction of 2017, Marcon International brokered the sale of the U.S. flag ocean tank barge Klamath.
Marcon fixed the tow of the 400.3’ heavy lift crane barge "Pacific Lifter" from Tuxpan on Mexico’s East Coast to Ensenada, Mexico.
The 5,750BHP, U.S. flag tug "Ocean Pathfinder" has been sold to U.S. West Coast buyers after her completion of a three year bareboat charter.
Tuesday, December 12, 2017 - The Coast Guard Marine Safety Center has issued Technical Note (MTN) 1-17. The guidelines apply to all requests to the Coast Guard for verification of compliance with design standards of 46 CFR Subchapter M. The MTN also provides guidance for submission of requests for equivalencies to design standards, for the use of alternate design standards, and for major conversion determinations for Subchapter M vessels.
Of the 3,798 barges and 13,322 vessels we currently track, 701 are tank barges with 56 inland and 26 ocean or coastal barges officially on the market for sale.
Of the 13,322 vessels (excluding barges) Marcon currently tracks, 746 are inland river pushboats with 113 officially on the market for sale (95 U.S. flag and 18 foreign flag).
Of the 13,322 vessels and 3,798 barges Marcon tracks, 1,130 are crew, fast supply & pilot boats with 221 officially on the market for sale, plus we have 44 boats available for charter worldwide.
Thursday, December 07, 2017 - This decision aid is designed to assist with preparation, completion and documentation of inspections or surveys of commercial towing vessels required to comply with 46 CFR Subchapter M. The job aid will generate a custom requirement list for a specific commercial towing vessel using any computer, laptop, tablet or smart phone.
Thursday, November 30, 2017 - In various contexts and in the course of many conversations, shipowners have expressed the expectation that ballast water management systems (BWMS) should be plug and play equipment.
Tuesday, November 21, 2017 - Brazil is a significant energy producer. In 2016, Brazil produced 3.24 million barrels per day (b/d) of petroleum and other liquids, making it the world’s ninth largest producer and the thirdlargest in the Americas behind the United States and Canada.
Thursday, November 16, 2017 - According to the Paris-based, International Energy Agency’s "Oil Market Report", higher prices and relatively mild early winter temperatures contributed to a downward revision to its demand forecast.
Tuesday, October 31, 2017 - Russia is the world’s largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas. Russia also produces significant amounts of coal.
Thursday, October 26, 2017 - South Africa produces small amounts of crude oil and natural gas and must rely on its domestic coal production to fuel its electricity sector and crude oil imports to feed its refineries.
A U.S. flag, 5,200BHP ocean-going, twin screw tug was sold by Marcon on a private & confidential basis.
Friday, 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.
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
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.
U.S. flag, single-hull, 45,000bbl tank barge was sold on a private & confidential basis.
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.
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.
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.