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
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
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.
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
Bolidt Synthetic Products & Systems has secured a contract as exclusive partner to Viking Ocean Cruises for the supply of decking and flooring. The contract covers Viking Star, the first vessel due for delivery in 2015 and its sister ship, Viking Sky, scheduled for delivery in 2016
U.S. Department of Defense informs it has awarded a $39,437,949 cost-plus-fixed-fee modification to a previously awarded contract (N00024-12-C-2106) for naval nuclear propulsion components. Work will be performed in Monroeville, Pennsylvania (99 percent), and Schenectady, New York (1 percent)
Athens, Greece-headquartered Star Bulk Carriers says it has taken delivery of 'M/V Peloreus' a 182,000 dwt Capesize built by Japan Marine United (“JMU”) and the first of six similar vessels ordered at JMU, with expected deliveries until the 3rd quarter of 2015.
MTN Communications (MTN) says that three cruise operators around the world have selected the company for its passenger, crew, corporate communications and content services. Details as follows: The following operators have contracted with MTN:
Star Bulk Carriers Corp said it would buy Oceanbulk Shipping LLC and Oceanbulk Carriers LLC in an all-stock deal to create the largest U.S.-listed dry bulk shipper. Star Bulk is issuing 54.104 million new shares to buy the Oceanbulk companies
The Chamber of Shipping of British Columbia says it welcomes the federal government's decision to approve the Northern Gateway Pipeline. The 1,177-km (731 miles) pipeline project, is expected to transport 525,000 barrels of Alberta oil a day to Asia-bound tankers.
Chamber of Shipping of British Columbia welcomes Federal Decision to Approve Northern Gateway Pipeline The Chamber of Shipping of British Columbia today welcomed the federal government's decision to approve the Northern Gateway Pipeline. Chamber President Captain Stephen Brown said the decision
International maritime law partnership Holman Fenwick Willan (HFW) says it has advised Chinese Percept Limited, a wholly-owned subsidiary of Genting Hong Kong Limited (Genting), on the group's second newbuild mega-cruise ship order in 12 months
The U.S. Department of Defense informs that Maersk Line, Ltd., Norfolk, Virginia, is being awarded a $7,103,568 modification under a previously awarded firm-fixed-price contract (N00033-13-C-2505) to exercise a 92-day option for the operation and maintenance of five U.S
Hawboldt Industries Ltd. announce that it has been chosen by Seaspan’s Vancouver Shipyards to supply the deck machinery for the new offshore fisheries and science vessels (OFSV) as part of the National Shipbuilding Procurement Strategy (NSPS) for noncombat vessels
The Coast Guard hoisted a female hiker who became trapped along the Ecola State Park cliffs by the incoming tide south of Seaside, Oregon, Sunday. Watchstanders at Coast Guard Sector Columbia River in Warrenton, Oregon, received a report from local authorities of a stranded hiker
A Canadian company jumped into British Columbia's crowded liquefied natural gas (LNG) export fray with a plan to build a $30 billion terminal on Vancouver Island. Steelhead LNG said it applied to Canadian regulators for permission to export up to 30 million tonnes of LNG a year for 25
Robert Allan Ltd. is pleased to announce that Mr. Dmitry Kapiturov has earned his accreditation as a Registered Professional Engineer with APEGBC (Association of Professional Engineers and Geoscientists of British Columbia). He has been an integral part of the Robert Allan Ltd
Vice Adm. Charles W. Ray, Coast Guard Pacific Area commander, will preside over the ceremony where Capt. Matthew R. Walker will assume the duties and responsibilities as commanding officer of 'Polar Star' from Capt. George E. Pellissier, informs the Coast Guard.
Vessel sales for June 2014 (as of July 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported – Vessel Name – DWT – Built (Age) – Price in Millions USD Bulk Carriers 6/26 - TAN BINH 36 - 22,257 - 90 (24) - $3.7