Current Newsletters

In May 2020, Marcon reported 617 tugs officially on the market for sale, up 15.54% from one year ago, while it reported 73 push boats officially for sale, down 22.68% from one year ago. Marcon ended second quarter 2020 with 16 sales completed, including four tugs, 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.

There two options for documenting compliance with the requirements for Subchapter M to obtain a USCG Certificate of Inspection for a towing vessel, either through the USCG or through the Towing Safety Management System (TSMS).

I have always believed in a version of the trickle-down theory, at least in tracking markets, by following summary of global growth and trade down to transportation, utilization and earnings.

Nobody in business likes uncertainty. That is not reality. The reality is that uncertainty is the only thing that is certain.

What is coming down the pipe in 2017 and 2018? I am more clueless than normal, but see 2017 to be a volatile and uncertain period.

Recent months' MGO activity has resembled a rollercoaster ride with all the ups and downs seen in all regions that we report on.

Oil & Gas companies slashed projects around the world during 2015 and 2016 with everyone running for cover as oil prices slid from over $100/BBL to less than $30/BBL.

Six and a half years have passed since June 2009, the official end of the latest Great Recession. The global recovery has been slow and erratic, and economies are still fragile.