Tank Barge Market Report - August 2016
Following is a breakdown of both foreign and U.S. tank barges officially on the market and available through Marcon. Not included are those barges not officially on the market, which we may be able to develop on a private and confidential basis.
Of the 3,816 barges and 13,121 vessels we currently track, 682 are tank barges with 38 inland and 26 ocean or coastal barges officially on the market for sale. Ten of the 38 inland barges are 10 years of age or less. Twelve or 31.6% of the inland barges are 25 years of age or over. Five years ago 27 inland tank barges were for sale, with 81.0% 25 years of age or older. The oldest inland tank barge listed today is a 68 year old, 14,000BBL deck / tank barge used for oil spill response in the U.S. Northwest. This old lady is counterbalanced by one 3,200mtdw, propelled, foreign-flagged 2015-built 22,000BBL tank barge located in the Far East. Seven double hull inland barges listed in the Americas from 11-30,000BBL capacity were built after 2000.
Of the 26 ocean/coastal barges, three are 10 years of age or less. Fifteen or 57.7% of the ocean & coastal barges are 25 years of age or over with the oldest one, a U.S. flagged, single-hull, 30,000BBL barge, built in 1961 now trading in inland service and probably best suited for deck conversion. This is countered by a 280â, 39,000BBL IMO II OPA â90 double hull, built in 2013. In August 2011, 81.1% of the 37 ocean and coastal barges listed for sale were 25 years of age or over, with the two oldest barges being LFG barges built in 1954.
24 of the inland tank barges which Marcon has today listed for sale are located in the U.S., followed by seven in Europe, three with a presently unknown location and one each in the Caribbean, the Far East, the Mediterranean and the Mid-East. Five each ocean / coastwise barges listed for sale are in Southeast Asia and in the U.S., three in Africa, two each in Canada and the Far East and one each in the Caribbean, Latin America, the Mediterranean, the Mid-East and undisclosed location. Twenty-four of the 48 tank barges Marcon has listed for sale worldwide are double hull â which is quite a change from five years ago. Ten of these are U.S. flag of which one is a newbuilding, two are seven years old and the rest are 23 - 47 years of age. The foreign double-hull barges range from a three-year old in Southeast Asia up to 51 years old in West Africa.
Commercial Marine Brokers since 1981
Tank Barge - August 2016 Market Report.pdf