The U.S. Coast Guard and other state and local agencies are searching for two people missing after their recreational boat, with six people aboard, collided with an oyster barge being pushed by a tug on the James River near Newport News, Virginia. Good Samaritans recovered four of the people in the water and they were taken to a local hospital where they are … [Read more...]
U.S. Coast Guard to Hold Public Hearing on Fatal Bouchard No. 255 Barge Explosion
The U.S. Coast Guard is scheduled to conduct a formal public hearing beginning Monday to consider evidence related to an explosion and fire aboard the Bouchard No. 255 tank barge that claimed the lives of two people. The explosion, fire, and subsequent loss of life took place off the coast of Port Aransas, Texas on October 20, 2017. The Coast Guard said initially that the … [Read more...]
Traders Rush to Move Diesel Up Rhine as Water Level Ebbs
By Bill Lehane (Bloomberg) -- Traders are racing to move barges of diesel and gasoil up the Rhine River, one of Europe’s key shipping arteries, as declining water levels caused by a dry spell impede transport. Cargoes of the fuels moving inland from the river’s mouth in the Netherlands have jumped by 50 percent since May, according to estimates from researcher PJK … [Read more...]
U.S. Barge Operator Tidewater Reportedly Put Up for Sale
By Gillian Tan (Bloomberg) -- Stonepeak Infrastructure Partners, a $15 billion firm led by former Blackstone Group LP dealmakers, is seeking to sell barge and terminal operator Tidewater Holdings Inc., according to people familiar with the matter. Tidewater could fetch a price around $500 million, said some of the people, who asked not to be identified because the sale … [Read more...]
Unified Command Continuing Response to Barge Breakaways on Ohio River
A unified command consisting of the Coast Guard, United States Army Corps of Engineers and industry partners is continuing its response to dozens of barge breakaways on the Ohio River near Pittsburgh, Pennsylvania, and Moundsville, West Virginia, due to ice and high water. 25 of the 27 breakaway barges from Jack’s Run Fleeting area at mile marker 4 on the Ohio River … [Read more...]