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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

DOJ.jpg

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


U.S. Coast Guard Rescues 26 in Antarctic

The U.S. Coast Guard Cutter Polar Star departs the port of Seattle. photo: USCG

The U.S. Coast Guard has rescued an Australian fishing vessel carrying 26 people that had been stranded in icy Antarctic seas since last week, the Coast Guard said on Tuesday. The crew was saved on Sunday by the Coast Guard cutter Polar Star


Malacca Begins Work for International Port

Image: Malacca Port Authority

 Soon after China identified Malaysia's Malacca as part of its 21st Century Maritime Silk Route economic belt (MSR), an international shipping port is being planned for the state.   The existing port in Malacca would be expanded to meet international standards


ICC partners WCGC for Annual Golf Tournament

yearly golf

  The International Chamber of Commerce (ICC) has become the Official Global Partner of the World Corporate Golf Challenge (WCGC), the largest and longest running corporate amateur golf event. The new venture is set to expand international participation, branding and media attention


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


ABB Wins Orders for Star Cruises Ships

ABB has won orders worth $60 million to deliver complete electrical power plant and propulsion systems for two new vessels for Star Cruises operated by Genting HongKong and to be built by Meyer Werft at its shipyard in Papenburg, Germany. The orders were booked during 2014.  


Five Airlifted from Sea after Fishing Vessel Sinks

The U.K. Coastguard was notified of a fishing vessel in distress just before 11 a.m. this morning. The Iuda Naofa, a 23-meter Irish fishing vessel, was taking on water 48 miles north of the Butt of Lewis, the U.K Maritime and Coastguard Agency reported.  


US Boating On High Speed Recovery

 Picture: National Marine Manufacturers Association

 Nearly 89 million Americans went boating last year, one of the largest boating participation figures on record. And the boat sales last year increased to $37 billion, a 3 percent increase from the year before. These figures are released by the National Marine Manufacturers Association


Star Bulk Sells Panamax Bulker for Demolition

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Star Bulk Carriers Corp. has entered into an agreement to sell for demolition the M/V Star Tatianna (ex Fortezza), a 69,600 dwt Panamax vessel built in 1993, to an unaffiliated third party. Star Bulk expects to deliver the vessel to the buyers by early February 2015.


New Terminal in Greenwich for Huge Cruise Ships

Image: Thames River Authority

Large cruise ships could become a familiar sight on the Thames if plans for a new passenger terminal in Greenwich move forward.   London could soon become a popular destination for large cruise ships in two years as new passenger terminal planned for Greenwich


Viking Star Succeeds In Sea Trials

Courtesy :Viking Gr.

  There is no question that Viking Ocean Cruises is launching an exceptionally innovative series of new ocean-going vessels, layered on its successful series of river cruise vessels, notably the Viking Longships. This list of innovations is a long one


Dry Bulk Shippers to Coordinate Chartering

Five dry bulk shipping firms, including shipping tycoon John Fredriksen's Golden Ocean will form a new venture to coordinate chartering services, hoping to reduce costs in a fragmented market, the firms said in a joint statement. The firms, including Golden Ocean, Bocimar International, CTM


Meyer Werft Cuts Steel for Star Cruises Newbuild

Start of construction on Newbuild for Asia

  The first piece of steel was cut at MEYER WERFT in Papenburg, Germany for the construction of the first ship with the construction number S. 711 for Asian operator Star Cruises. Tan Sri Lim, Chairman of Star Cruises, pushed the button of the plasma torch as the first plate of steel was


US Coast Guard to Free Aussie Fishing Vessel from Antarctic Ice

 The view from the Polar Star (US Coast Guard photo by Petty Officer 1st Class George Degener)

A U.S. Coast Guard cutter has been diverted from its path to rescue a 207-foot fishing vessel stuck in Antarctic ice, the US Coast Guard announced in a press release today. Antarctic Chieftain, an Australian-flagged fishing vessel with 27 passengers


NACOS Platinum Systems for Two New Star Cruises Liners

NACOS Platinum (Photo courtesy of SAM Electronics)

L-3 Marine Systems International (L-3 MSI) has announced that it has been awarded a contract to provide its latest NACOS Platinum series aboard two new 150,000-gross-ton cruise ships for Star Cruises. Built by MEYER WERFT at its Papenburg shipyard in northern Germany


Coast Guard Rescue Underway in Antarctica

(U.S. Coast Guard photo by Petty Officer 1st Class George Degener)

A U.S. Coast Guard crew is en route to assist a 207-foot fishing vessel with 26 people aboard beset in ice approximately 900 miles northeast of McMurdo Sound, Antarctica. The crew of the Coast Guard Cutter Polar Star is attempting to reach the crew of an Australian-flagged fishing vessel






 
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