Current Market Reports

Tug Market Report - May 2020

In May, Marcon reported 617 tugs officially on the market for sale out of 5,184 tracked. This is up 15.54% from one year ago, though down 0.80% from five years ago. Marcon ended second quarter 2020 with 16 sales completed, which involved many deals which were well in the works before the Covid-19 situation developed. Since that time, the market has been extremely slow, which we see reflected across the board both domestically and world-wide.

Inland Pushboat Market Report - May 2020

In May 2020, Marcon reported 73 push boats officially on the market for sale out of 779 tracked. This is down 25 from our last report published in August 2019, 22 less than one year ago in May 2019 and six or 8.96% more than in May 2015. Push boats need barges to push. It appears that there are plenty of barges in the market, but whether they need to be pushed anywhere, or not, will have an effect on the demand for tonnage. Currently Marcon does not have any sales of pushers to report, and the sale and purchase market continues to be having a tough ride - at least on the dry cargo side of the market.

Tank Barge Market Report - April 2020

Marcon has 21 inland and 24 ocean or coastal tank barges available for sale out of 668 tracked as of April 2020, fewer than were available one year ago. The first quarter and to date second quarter 2020 have been a time of hope and despair for most of the tank barge market. Inland and coastal / ocean markets were impacted differently due to COVID-19, weather issues and impacts of the rapidly collapsing oil prices.

Supply Market Report - Dec 2019

As of December, Marcon reports 274 supply and tug supply boats officially on the market for sale out of 3,097 tracked. Little has changed in the OSV market since our June 2019 report. The few sales seen have been at deeply discounted prices. Asking prices are still high for vessel conditions and ages. For older or rougher condition vessels, selling prices are near or at scrap levels. On the plus side, we have heard of vessels going back to work, positively impacting utilization and day rates. But these improvements are still not enough to help owners break-even.

Crew Boat Market Report - Sept 2019

Marcon reports 225 crew, fast supply and pilot boats officially on the market for sale out of 1,152 tracked worldwide. Marcon sold a 16.7m 2009-built crew boat between South American parties recently. Unfortunately, nothing has really changed in the market since our March 2019 report. The market is as bad or worse than it has been since 2015 and there is no improvement in sight. As brokers we are aware of some other sales, but these are far and few between and at greatly reduced prices.