Oglebay Norton Company announced that its wholly-owned subsidiary, Oglebay Norton Marine Services Company, LLC, has completed the sale of six of its nine remaining self-unloading freighters for $120 million to American Steamship Company, a wholly-owned subsidiary of GATX Corporation. Acquired were: M/V Oglebay Norton, M/V Columbia Star, S/S Armco, S/S Middletown, S/S Courtney Burton, and M/V Fred R. White. The Company is also progressing with its negotiations for the sale of the M/V David Z. Norton and M/V Wolverine and the transfer of the its leasehold interest in the M/V Earl W. Oglebay to an unidentified purchaser. The cash proceeds from this transaction will be used to pay down debt Although the details of the transaction were not disclosed, the Company confirmed that as part of the transaction it has secured carriage for limestone from its quarries to its own and third party docks around the Great Lakes through a favorable, long-term contract of affreightment.
National Steel and Shipbuilding Company a wholly owned subsidiary of General Dynamics, has delivered the M. V. North Star to Totem Ocean Trailer Express, Inc. (TOTE). The North Star is the second of two new Orca-class trailerships built by NASSCO for TOTE’s service from Tacoma, Wash., to Anchorage, Alaska. Her sister ship, the M. V. Midnight Sun, was delivered to TOTE in April. Both ships are 840-ft.-long, 118-ft.-wide RoRo cargo ships capable of carrying
American Classic Voyages (AMCV), granted a $6.4 million contract for construction completion and outfitting on Columbia Queen to Nichols Brothers Boat Builders of Whidbey Island, Wash. The 161-passenger U.S.-flag riverboat, which will be readied by Nichols for service on the Columbia River system, will be operated under The Delta Queen Steamboat brand. Offering Pacific Northwest cruises beginning in April 2000, Columbia Queen will travel the Columbia
MARCO Shipyard Seattle has signed a contract to construct a third Millennium Class tractor tug for Harley Marine Services. Measuring 105 ft. (32 m), the multipurpose tug will be identical to its sisterships, Millennium Falcon and Millennium Star, delivered in February and August 2000, respectively. Construction of the tug is ongoing, with delivery planned for March 2002. Similar to its predecessors, the MARCO-designed tug will have an overall beam of 37 ft. (11
An independent review conducted and reported today by the Oregonian concludes that the government’s economic justifications for a controversial proposal to dredge the Columbia River are deeply flawed. The Corps of Engineers wants to spend $196 million to dredge more than 100 miles of the Columbia River. In a three-part series beginning today, the Oregonian will report that deficiencies in the analysis have significantly inflated the benefits to the region and an underestimated the costs to
Eastern Shipbuilding Group, Inc. (ESG) announced that the Columbia (ESG Hull 981) a steel hull exact replica of the historic Gloucester Fishing Schooner, has completed her sailing trials. The sailing trials were held on September 18, 2014 directly offshore of the beaches of Panama City, Florida. Ninety-one years earlier, the original Columbia was officially measured on October 27, 1923 just before her race with the Bluenose by Raymond J. Milgate, a marine surveyor of Halifax, N.S.
Norway's Industry Ministry is likely to make a ruling before Feb. 4 regarding a bid by NCL's board to deny votes to Malaysia's Star Cruises. NCL, the target of a bid war between Star and U.S. giant Carnival Corp., is accusing Star of skirting the law by failing to update Norwegian authorities of its NCL share buying. Star owns 47 percent of NCL. Under Norwegian law, any firm seeking to acquire parts of a business has to notify the ministry when its stake exceeds one-third
Star Bulk Carriers Corp. announced that it has taken delivery of the M/V Star Kappa (ex E Duckling), a Supramax vessel of 52,055 dwt built in 2001 in Japan. Star Kappa is an addition to the initial fleet, was acquired for USD 72 million and is the third vessel to be delivered to the Company following the completion of the Redomiciliation Merger. Star Kappa has a Time Charter employment contract at a gross daily rate of USD 47,800 with earliest expiration date of September 23, 2010.
On Sept. 30, Coast Guard Sector Portland, Ore. reported that it is monitoring and managing vessel traffic on the Columbia River east of Portland/Vancouver, Wash., due to the closure of the Dalles Dam lock in Dalles, Ore. The U.S. Army Corps of Engineers (USACE) has temporarily closed the lock due to structural irregularities detected in the downstream gate. An assessment is being made to determine if repairs are needed.
Kvichak Marine Industries recently delivered Astoria, a self-righting 74’ all-aluminum pilot boat, to the Columbia River Bar Pilots (CRBP) of Astoria, Oregon. Astoria is the third CRBP pilot boat designed by Camarc, Ltd., of the UK and built by Kvichak. The pilots christened Astoria at a ceremony last week where the vessel has joined Columbia, built in 2008. Chinook, built in 2000 is retiring this spring. The pilots operate the vessels over the bar at the mouth of the Columbia River
Highlights * Gladstone Ports Corporation has extended LNGL’s Fisherman’s Landing LNG Project (FLLNG) site Agreement for Lease until 31 March 2016, with an option for another year * LNGL has signed a non-binding memorandum of intent (MOI) for gas supply with Tri-Star Petroleum
The Viking Star, a47, 800GTcruise ship, is one of three Viking Ocean Cruises’ newbuilds to opt for Thordon COMPAC seawater lubricated propeller shaft bearings. Constructed at Fincantieri’s Marghera shipyard, the 944-passenger Viking Star is the first of three new ships equipped with
Lynden Logistics, LLC signed a letter of intent with Chieftain Metals Corp. to provide barge services in support of the construction and production of the Tulsequah Mine in British Columbia. The services will include the barging of materials and supplies up the Taku River to the mine site and
Company Receives New Refrigerated Containers and Places Order for New Genset Equipment Sea Star Line, LLC began receiving the first of its new 100 40’ and 45’ refrigerated containers ordered as part of its equipment replacement plan announced in August 2014
Jaccar Holdings of Luxemburg and Hartmann Group of Leer, Germany, announce the establishment of a joint venture for the commercial management of ethane carriers. The new company, “United Ethane Carriers” or UEC, will be based in Singapore
World’s first LNG powered containerships to serve Puerto Rico TOTE, Inc. announced an agreement today between its operating companies TOTE Shipholdings Inc. and Sea Star Line LLC on the charter of the two new Marlin Class vessels being built by TOTE Shipholdings at NASSCO in San Diego
Star Bulk Carriers Corp. (NASDAQ: SBLK) announced that following the settlement and adjudication of the company's subsidiary Star Borealis LLC claim for damages and due hire related to the repudiation of the long-term time charter of the M/V Star Borealis by charterer Pan Ocean Co Ltd
Detyens Shipyards, Inc.,* Charleston, South Carolina, is being awarded a $14,737,872 firm-fixed-price contract for a 170-day dry-docking and overhaul of USNS Zeus (T-ARC 7). This contract includes nine options, which, if exercised, would bring the total contract value to $17,199,024
Scudder Hall Galley at Naval Weapons Station Yorktown (WPNSTA Yorktown) was awarded its sixth consecutive 5-Star accreditation, Oct. 2, from Commander, Navy Region Mid-Atlantic (CNRMA). The 5-Star accreditation for food service excellence is based on the review team's on-site
Chairman Mario Cordero announced that the Federal Maritime Commission has completed compromise agreements recovering a total of $503,000 in civil penalties. The agreements were reached with five non-vessel-operating common carriers (NVOCCs)
FortisBC – a subsidiary of Fortis Inc. has officially started construction of its $400 million Tilbury LNG Facility expansion project today. The company is adding 1.1 million gigajoules of liquefied natural gas (LNG) to storage and 34,000 gigajoules per day of liquefaction capacity
The Coast Guard Captain of the Port Sector Columbia River in Warrenton, Oregon, issued the closure of the Siuslaw River bar entrance due to hazardous conditions at approximately 2 p.m., Saturday. The bar closure applies to all vessels
Eastern Shipbuilding Group’s reengineered Columbia, built from the original design plans of the classic 1923 Essex-built schooner, will be on display at the Fort Lauderdale International Boat Show, October 30-November 3, 2014. The original Columbia
BigLift Shipping today celebrated the naming of its new heavy lift vessel, Happy Star, at a ceremony held at Huisman China’s yard in Xiamenand. The christening was performed by Leanda Breakell, spouse of Greg Breakell, Managing Director of ThyssenKrupp Industrial Solutions (Australia) Pty Ltd
Eco Marine Power together with strategic partners has installed an Aquarius Management & Automation System (MAS) integrated with a marine solar panel array on-board the Blue Star 'Delos'. The Aquarius MAS has been installed as part of a joint renewable energy project with Blue Star