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
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
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
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
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
On April 2, 2014, Sea Star Line’s vessel El Faro and its employees participated in a joint training exercise at North Florida shipyards. The training exercise focused on evaluating agency procedures, communication plans and training programs to assure all agencies can respond in the most
Opponents of Canada's Northern Gateway pipeline, bolstered by a coastal town's vote against the project, said on Monday they will now push harder for a provincial referendum they hope would kill Enbridge Inc's plan to move oil sands crude to Asian markets.
Canada needs to invest in shipping more grains and oilseeds off the West Coast as harvests get larger, to avoid the massive transportation backlogs that followed last year's record crops, industry officials said on Wednesday. Last year, 19
Vigor Industrial has ballooned from a modest shipyard in Portland, Oregon, to the largest shipbuilder in the Pacific Northwest and Alaska. Vigor increasingly thinks big and builds big. The company’s new floating dry dock will be the largest in the United States
Today in U.S. Naval History - March 10 1783 - USS Alliance (Capt. John Barry) defeats HMS Sybil in final naval action of Revolution in West Indies waters 1933 - Pacific Fleet provides assistance after earthquake at Long Beach, Calif.
Hundreds of construction workers in booming northern British Columbia will take up residence this week in unique digs on board a cruise ferry revamped into a floating luxury hotel. The aging ship will help relieve a housing shortage in one busy Canadian port town already bursting ahead of a
Orange Business Services informs it has joined a European Union-sponsored initiative developing a cloud-based ERP platform for the maritime shipping industry. The platform will make it easier to manage ships at sea, improve safety and tighten business operations
Stephen Edwards, President & CEO of GCT Global Container Terminals Inc., issued a statement on Port Metro Vancouver’s trucking dispute. “Due to the backlog of import cargo in containers held on our terminals caused by the trucking dispute
The cause of a collision between the cargo ship 'Genius Star VII' and a barge loaded with 840,000 gallons of #6 fuel oil in the Houston Ship Channel is being investigated by the US Coast Guard. Watchstanders with Coast Guard Marine Safety Unit Texas City received a report at approximately 8:30 p.m
The U.S. Coast Guard Captain of the Port Sector Columbia River in Warrenton, Ore., issued the closure of the Depoe Bay bar entrance due to hazardous conditions at approximately 12:30 p.m., Sunday. The bar closure applies to all vessels. Any request to transit the bar prior to reopening must be
Designers and shipbuilders of offshore and specialized vessels VARD says it has established a new subsidiary for ship design, engineering and sales activities in Canada. CEO and Executive Director Roy Reite commented, “Our establishment in Canada is VARD’s first foothold in North
Jeffrey Schechtman has been named Deputy Regional Business Manager for the Southeast region of Parsons Brinckerhoff, a global infrastructure strategic consulting, engineering and program/construction management organization. In his new position
The Coast Guard Cutter Polar Star is scheduled to return to their homeport of Coast Guard Base Seattle at 10 a.m., Friday, March 21, 2014, following a 108-day deployment of Operation Deep Freeze 2014. Polar Star departed Seattle Dec
British Colombia Maritime Employers Association (BCMEA) inform that the Government of Canada, the Province of British Columbia and Port Metro Vancouver are taking coordinated action to address the work disruption at Port Metro Vancouver, Canada’s Asia-Pacific gateway.
Sunday, March 30, during the night, M/T Glenda Meryl (jointly owned by d'Amico and Glencore and managed by Ishima ship management) rescued all the American crew of the stricken sailing yacht Even Star. The crew had taken to the ship's liferaft