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
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
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
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
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.
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
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.
Great Lakes Dredge & Dock Co., LLC, Oak Brook, Ill., was awarded on April 30 a $10,248,000 firm-fixed-price contract for 2010 north coast dredging, including the mouth of the Columbia River. Work is to be performed along the Columbia River in Washington State and Oregon, with an estimated completion date of Oct. 1, 2010. Two bids were solicited with two bids received. U.S. Army Corps of Engineers, Portland District, Portland, Ore
Legislation has been proposed in the British Columbia Legislature that would, if adopted, imposes taxes on fuel based on its carbon content. Ships would be subject to the tax, but would be eligible for rebates if it is shown that the fuel was consumed outside of British Columbia. Carbon Tax Act, Bill 37 – 2008 (HK Law).
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, has announced that it has taken delivery of M/V Star Sirius a Post - Panamax bulk carrier of approximately 98,000 deadweight tons carrying capacity.
The Columbia/Snake River System defines shortsea shipping, and promises much, much more. Lewiston, Idaho, is perhaps best known to tourists as the turnaround for a Columbia River cruise or the jumping-off point for a trip to Hell’s Canyon, North America’s deepest gorge
Building on the fruitful past decade of U.K.-Singapore cooperation in scientific research and development, A*STAR’s Institute of High Performance Computing (IHPC) and the Southampton Marine and Maritime Institute (SMMI) officially launched a joint laboratory in Maritime and Offshore
VSE Corporation informs that its International Group has received several delivery orders totaling more than $13.4M to continue work performed under its Foreign Military Sales (FMS) Naval Ship Transfer and Repair (N*STAR) contract through the Naval Sea Systems Command (NAVSEA) International Fleet
Star Bulk charters two fuel efficient newbuilding newcastlemax vessels under 10-year bareboat charters with purchase obligation Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, announced that it has entered into agreements with CSSC (Hong
British company Sure Wind Marine Ltd. has taken delivery of its second Damen Twin Axe Fast Crew Supplier – the Sure Swift - in a little over a month after the first joined the company’s fleet. Established in 2009, Sure Wind is a specialist in the German offshore wind market and now
The U.S. Coast Guard (USCG) said it responded to a 739-foot cargo ship aground in the Columbia River just north of the Astoria Northern Anchorage in Astoria, Tuesday. Coast Guard Sector Columbia River learned that the Panamanian-flagged motor vessel Mokpo Star ran aground after the crew
Maritime consultancy firm MirTac announced that Conquest Offshore has purchased the Star software and related database and implementation services. Conquest Offshore will be implementing the maintenance, purchase and safety management software both in the office as well as onboard its fleet.
Ziff Energy and Gas Processing Management Inc. analyze the gas growth areas of the Western Canadian Sedimentary Basin in Alberta and British Columbia. Ziff Energy, a division of HSB Solomon Associates LLC (Solomon), and Gas Processing Management Inc
The U.S. continues to lead the push towards "LNG as Fuel" in the commercial shipping sector, as these 'historic' announcements are now becoming more routine. Totem Ocean Trailer Express (Totem Ocean) announced that Wärtsilä will supply main engines
While in transit from Jacksonville, Florida to San Juan, Puerto Rico, the crew of Sea Star Line’s El Morro vessel received distress calls from a small fishing vessel in the Atlantic Ocean. The fishing vessel was attempting to hail the U.S
Today in U.S. Naval History - February 14 1778 - John Paul Jones in Ranger receives first official salute to U.S. Stars and Strips flag by European country, at Quiberon, France. 1813 - Essex becomes first U.S. warship to round Cape Horn and enter the Pacific Ocean
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, announced that it has taken delivery of M/V Star Vega, a Post-Panamax bulk carrier of approximately 98,000 deadweight tons carrying capacity.
Nordic Shipholding A/S has appointed Thome Ship Management Pte Ltd and Columbia Shipmanagement (Singapore) Pte Ltd as new technical managers of its vessels replacing TB Marine Shipmanagement GmbH & Co. KG. The change in technical manager involves one-off costs.
Fairmount Marine said its tug, Fairmount Glacier, has safely delivered bulk carrier Cassiopeia Star in the port of Las Palmas, Canary Islands. The bulker was picked up during bad weather on the mid-Atlantic where she was drifting with main engine problems