Harbor Tug & Barge completed the tow of the "Manson 71" to Manzanillo, Mexico.

Thursday, February 2, 2012 - Markets often focus on anticipated crude oil production from members of the Organization of the Petroleum Exporting Countries (OPEC) as a key driver of supply/demand tightness.

Friday, January 13, 2012 - World oil transit chokepoints are a critical part of global energy security. About half of the world’s oil production moves on maritime routes.

Tuesday, January 10, 2012 - EIA expects the price of West Texas Intermediate (WTI) crude oil to average about $100 per barrel in 2012, $5 per barrel higher than the average price last year.

Monday, January 09, 2012 - Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2011 was 1,180, down 5 from the 1,185 counted in November 2011, and up 62 from the 1,118 counted in December 2010.

Putting the recovery back on track will be harder than it was a year ago, but as IMF’s Oliver Blanchard says "the alternative is just too unattractive". There will be risk, but like after past recessions, there will be also be opportunities for the owners, operators and brokers alike who can take advantage of them as markets and players change. I still have confidence in the long term – we have all been through rough times in the past.

The 79 year old, 1,700BHP tug "Noydena" was sold by Tidewater Barge Lines Inc. of Vancouver to JT Marine Inc.

At the time of this report, 55 tug supply boats for sale were either built within the last 10 years or are newbuilding re-sales. 65.79% of the tug supply boats are 25 years of age or over.

Of the 11,186 vessels and 3,433 barges Marcon tracks, 900 are crew, fast supply & pilot boats with 167 officially on the market for sale, plus we have 44 boats available for charter worldwide.

Of the 11,136 vessels (excluding barges) Marcon currently tracks, 579 are inland river pushboats with 78 officially on the market for sale (72 U.S. flag and six foreign flag).

Out of 11,186 vessels and 3,433 barges tracked by Marcon, 430 are utility boats. Since the last report in May, the total number of utility boats Marcon has officially on the market for sale has increased by five.

Of the 11,186 vessels and 3,433 barges that Marcon currently tracks, 4,352 are tugs with 633 currently officially on the market for sale worldwide, up 5.3% since August 2011.

Since Marcon’s first sale in 1983, the company has sold 140 ocean and inland tank barges totaling over 7,316,564BBL capacity (abt. 988,700dwt).