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LONE STAR INDUSTRIES

Horizon Offshore Reports Barge Incident

Horizon Offshore said today that one of its vessels, the lay barge Lone Star Horizon, suffered moderate damage due to a fire while at anchor off Ciudad Del Carmen, Mexico. The vessel crew was evacuated and no injuries requiring medical treatment were reported. The Lone Star Horizon had recently completed the KIX pipeline project for PEMEX, and was preparing for demobilization to the U.S. Gulf of Mexico. The fire, which was limited to the generator control room, occurred at about 3:00 p.m. on September 20, 2002, and was extinguished by about 6:00 p.m. Horizon does not anticipate any interruption in its current work program, as it will be able to utilize other vessels in its fleet to substitute for the Lone Star in the short term, with the Lone Star returning to service as soon as repairs are completed.


Lone Star Tow Operations Underway Near Dillingham, Alaska

The mast of the fishing vessel Lone Star juts from the water of the Igushik River near Dillingham, Alaska, as salvage crews work to recover the vessel Sept. 21, 2013. The Lone Star overturned and sank in 18 feet of water June 30. (U.S. Coast Guard photo by Lt. Daniel Peters)

Salvage crews began tow operations for the fishing vessel Lone Star near Dillingham, Wednesday, the U.S. Coast Guard reported today. The crew of the tug Double Eagle, with assistance from the crew of the support vessel Western Viking, will tow the Lone Star to Dutch Harbor where its owner will determine whether or not to scrap the vessel. “The removal of the Lone Star has been a long process, and we appreciate the work and support of the salvage crew and our agency partners


Exxon Awards Horizon Offshore Contract

Horizon Offshore Contractors, Inc. has been awarded a contract for the installation of a portion of Exxon Pipeline Company's Hoover Offshore Oil Pipeline System (HOOPS). The 20-in. pipeline project includes a directionally drilled shore approach near Freeport, Texas, and pipelay to a depth of 35 ft. and the burial of approximately 67 miles of pipeline. The project will utilize three of Horizon's vessels. Cajun Horizon will be used for offshore directional drilling support


Houston Pilots Association To Christen M/V Bayou City

The Houston Pilots Association will christen the pilot boat M/V Bayou City at noon on Tuesday, Oct. 12, at the Port of Houston Authority's Sam Houston Pavilion located at 7300 Clinton Drive. Annette Edmonds will officially christen the vessel during a ceremony that will be attended by more than 200 invited guests, including PHA Chairman Jim Edmonds, Vice Chairman Kase Lawal, Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Jimmy Burke, Commissioner Cheryl Thompson-Draper,


Sea Star Names New President

Sea Star Line Logo.jpg

Veteran in Puerto Rico trade accepts top leadership role for Sea Star Line.   Industry veteran, Peter Keller has been named president of Sea Star Line. Keller served Sea Star Line as a consultant and key advisor during the recent restructuring of the company. His extensive experience in the Liner industry, intermodal operations and supply chain economics and strategies, coupled with over 40 years associated with the Puerto Rican trade, made him a natural choice to lead the organization


Sea Star Line: Equipment Replacement Plan on Track

Photo: Sea Star Line

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. The replacement plan aims to reduce the average age of the entire Sea Star Line refrigerated container fleet to less than three years.   


Star Bulk Acquires Bulk Carrier

Star Bulk Carriers Corp. has entered into a definitive agreement to acquire a Capesize bulk carrier of approx. 180,000 dwt, built in 1991 in Japan, for approximately $83.7 million from Japanese interests. The vessel will be financed through a combination of company cash and bank debt. The vessel to be renamed the M/V Star Sigma, is scheduled to be delivered to Star Bulk within April/May 2008. It comes with a one-year time charter back to its present owners which will commence on the day of


MISC Unit Buys 4 Tankers

MISC Bhd said its wholly-owned unit, AET Inc Ltd, signed a contract with Samsung Heavy Industries for the purchase of four new 158,500-dwt Suezmax tankers at a cost of $67.8m each, according to a report in the Malaysia Star.  The Suezmax tankers, to be built at Samsung Geoje shipyard, will become AET’s first owned Suezmax class vessels. (SOURCE: Malaysia Star)


U.S. DOJ: Guilty Plea in Price Fixing Case

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Florida-Based Sea Star Line LLC Agrees to Plead Guilty and Its Former President Is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico Sea Star Line Also Agrees to Pay $14.2 Million Criminal Fine. Sea Star Line LLC has agreed today to plead guilty and to pay a $14.2 million criminal fine for its role in a conspiracy to fix prices in the coastal water freight transportation industry, the Department of Justice announced


Star Bulk Carriers to Buy Oceanbulk

52,434 dwt supramax bulk carrier Star Delta (Photo courtesy of Star Bulk Carriers)

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, valuing the deal at about $653 million based on Star Bulk's Friday close of $12.07. The deal comes as the global dry bulk shipping industry is poised to recover from a severe downturn


Cruise Ships Cancel Tunisia Calls in Wake of Islamic Terrorists Attack

Phot credit: MSC Cruises

 Cruise lines like Holland America, MSC Cruises, Costa Cruises, Star Clippers, Hapag-Lloyd Cruises and Aida Cruises have canceled all port stops to Tunisia for the rest of the year following the jihadist terrorist attack and massacre in the capital March 18th.  


SAL Heavy Lift Performs Offshore Windfarm Work

Overboarding the test beam (Photo: SAL Heavy Lift)

MV Lone proves as project platform for Wikinger wind farm   SAL Heavy Lift informs it has completed the second phase of the Wikinger Pile Testing Campaign with DP II Class vessel MV Lone. Once again, MV Lone served as project platform for SAL Heavy Lift customer Bilfinger.  


China Maritime Silk Road to Touch India for Namesake

 Pic: The Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives, also known as One Belt, One Road

 Chinese officials on Saturday fleshed out some details for the country's ambitious 21st Century Maritime Silk Road (MSR) project in its “one belt, one road,” action plan.   Though the plan released by China’s economic planning agency and the commerce and foreign


Viking Sets to Sail to Ocean

Viking Star (Courtesy of Viking Ocean Cruises)

 With Viking Ocean Cruises officially has its first cruise ship, the group has embraced a new strategy intended to split its growth more evenly between river and ocean cruising.   “Viking Star”, the first of three cruise ships which Fincantieri is currently building for


Maersk May Reward Shareholders as Oil Unit Suffers

Danish conglomerate A.P. Moller-Maersk may announce a second share buyback scheme in its 110-year history as early as Wednesday, analysts said, allowing it to reward shareholders as its oil unit takes a battering from a slump in prices. Further divestments from its large portfolio of companies


Carnival Expands Capacity in New Orleans

The 2,758-passenger Carnival Triumph will reposition to New Orleans to replace the 2,052-passenger Carnival Elation in spring 2016. The move represents a 34 percent increase in capacity for Carnivals four- and five-day cruise itineraries in New Orleans. (Photo courtesy of the Port of New Orleans)

Carnival Cruise Line will expand capacity on its four- and five-day short cruise program from New Orleans by 34 percent when Carnival Triumph replaces Carnival Elation on this schedule next spring, providing an exciting Fun Ship 2.0-equipped ship on this highly popular itinerary.


Her Majesty The Queen to Name Britannia

Britannia (Photo courtesy of P&O Cruises)

Her Majesty The Queen, accompanied by His Royal Highness The Duke of Edinburgh, will name the new P&O Cruises vessel Britannia in Southampton on March 10, 2015, P&O Cruises announced.   The naming will be a milestone in British maritime history and will be an event of great national


Two Newbuilds Delivered to Star Bulk

Star Bulk Carriers Corp. took delivery on February 27 of M/V Honey Badger (ex HN NE 164) and M/V Wolverine (ex HN NE 165), two 61,000 dwt Ultramax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. (NACKS). The new vessels are the first two of four similar vessels ordered at NACKS


Vessel Sales: February 2015

Vessel sales for February 2015  - (as of March 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built -  - (Age) - Price in Millions USD   Bulk Carriers 02/10 - KEN KOKU - 23,647 - 96 - (19) - $4.2


Genting Acquires Crystal Cruises

 CRYSTAL SERENITY at sea, courtesy of Crystal Cruises

 Crystal Cruises has been sold for $550 million to the owner of Asia's largest cruise line and a major shareholder of Norwegian Cruise Line.    Crystal's parent company, Nippon Yusen Kabushiki Kaisha has sold the line to Genting Hong Kong, which owns Star Cruises


Icebreaker Returns from Antarctic Rescue

Polar Star sits on the ice in the Ross Sea near Antarctica while underway in support of Operation Deep Freeze 2015, Jan. 9, 2015. (U.S. Coast Guard photo by George Degener)

The crew of Coast Guard Cutter Polar Star, the United States’ only operational heavy icebreaker, is scheduled to return to Seattle after a 101-day Antarctic deployment Tuesday.   Polar Star’s crew departed Seattle for Operation Deep Freeze 2015


Observation Pod for Cruise Lines by MacGregor

Crane and observation gondola called the North Star. It will lift guests 91m above sea level to give them panoramic views of the ship

  MacGregor, part of Cargotec, has supplied Royal Caribbean International's first Quantum Class cruise ship with a crane and observation gondola called the North Star. It will lift guests 91m above sea level to give them panoramic views of the ship, sea and ports of call.  


Observation Pod Gives Passengers a Bird's Eye View

Photo: MacGregor

Royal Caribbean International's first Quantum Class cruise ship, Quantum of the Seas, will feature a crane and observation gondola to lift guests 91 meters above sea level, giving them panoramic views of the ship, sea and ports of call.  


HII, Petters Recognized by the Reserve Officers Association

Mike Petters (Photo: HII)

Huntington Ingalls Industries (HII) and its president and CEO, Mike Petters, received the Reserve Officers Association's 2015 Nathan Hale Corporate Patriot Award presented at the ROA STARS Foundation Gala on Tuesday in Washington, D.C.  


US Navy Christens New Amphibious Transport Dock as John P Murtha

Amphibious warship John P. Murtha: 	Photo by US Naval Institute

 The US Navy is christening the tenth San Antonio-class amphibious transport dock ship on 21 March at the Huntington Ingalls Industries' (HII) shipbuilding division visitor control centre.   The ship is being named in honour of late John P Murtha






 
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