Oil prices settled 5% higher on Friday in their second consecutive week of gains as U.S. producers cut production with the number of drilling rigs falling to a record low, and as more states moved ahead with plans to relax lockdowns intended to halt the coronavirus pandemic.The number of operating oil and natural gas rigs fell by 34 to an all-time low of 374 this week - reflecting data going
As the nation continues to be impacted by COVID-19, there are silver linings to the crisis: family time and togetherness, gratitude for what we had before it was taken away, and a chance to seek opportunities to be better and more productive.As funding bills related to the COVID-19 crisis move forward, there may be an opportunity for the nation to better itself by modernizing its infrastructure.
The world has radically changed since towboat captain Terry Hall boarded his vessel late last month in Wood River, Illinois, for his four-week shift hauling bargeloads of crude oil, chemicals, scrap metal and other goods up and down the Mississippi River.His employer, Canal Barge Co
The beneficial use of dredge material sets a record in FY 2019. And, we’re just getting started. Funding will be the key.In mid-November 2018, concerns began to rise about an unseasonably high river stages on the Upper Mississippi River Basin generated by significant precipitation events.
A set of complicated lock-and-dam projects on the Illinois Waterway, from Chicago to the Mississippi, has yellow lights flashing throughout the Midwest freight industry. In effect, the entire Waterway will be shut down next summer as the Army Corps of Engineers, Rock Island Division, starts some hefty replacement and maintenance projects, from LaGrange to Brandon Road locks and dams.
Lock Closures Starting on the Illinois Waterway This Summer May Result in More Freight Flowing Through St. Louis Region.Businesses that move or handle commodities on the Illinois Waterway system are being encouraged to start making alternative plans due the scheduled closure of locks on that inland waterway system. With a two-week closure planned by the U.S.
It is truly no accident that Delgado Maritime & Industrial Training Center and Florida Marine Transport collaborate so closely.Zero incidents, zero injuries and eliminating critical barge and equipment failures doesn’t just happen by osmosis. It’s a result of continual safety training that breeds operational awareness and confidence to anticipate a difficult situation on an inland waterway
USDA Study Underscores Value of Inland Waterways to U.S. Agriculture.On August 28, U.S. Secretary of Agriculture Sonny Perdue and Assistant Secretary of the Army (ASA) for Civil Works R.D. James toured Mel Price Locks and Dam in Alton, Illinois, and held a Town Hall Meeting to discuss the importance of the waterways, agriculture and the U.S. economy.
WCI/NGFA Urge NESP Infrastructure Project to Move Forward.The National Grain and Feed Association (NGFA) and Waterways Council, Inc. (WCI) today commended the U.S. Department of Agriculture (USDA) for releasing a significant new study that quantifies the cost-savings and competitive advantages that would accrue from investing in long-delayed improvements to inland waterways locks and dams on
Operational changes keep Jerry F. Costello Lock and Dam open for 17 days longer than typical during high water events.While the record flooding in 2019 disrupted barge traffic throughout the inland waterways in the Midwest for extended periods this spring and summer, a little out-of-the-box thinking helped limit the number of days the Jerry F.
The Coast Guard has transitioned from pollution response to the investigation phase of a major marine casualty that occurred July 5, 2019, involving three vessels that sank in the Illinois River near Hardin, Illinois.Coast Guard Sector Upper Mississippi River received a report of three tugboats and a deck barge that were tied together and began taking on water at mile marker 20.
The Coast Guard is responding to three vessels that sunk on the Illinois River near Hardin, Illinois, Sunday.Watchstanders at Coast Guard Sector Upper Mississippi River received a report Friday of three tugboats and a deck barge that were tied together and began taking on water at mile marker 21 on the Illinois River.The sinking tugboats are holding approximately 4,850 gallons of diesel and oil.