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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,


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


Sea Star Names New President

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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


Star Clippers to Implement Fuel Surcharge

Star Clippers will implement a fuel surcharge on new bookings starting Dec. 17, 2007. The assessment will be $8 per person per day to a maximum of $100 per person on any sailing for guests from the United States, Canada and Latin America. The surcharge will be assessed on all three of the line's tall ships on all sailings through April 2009. "After discussing the situation of increased fuel costs with our tour operators and travel agent partners


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


CEVA Wins Best Green Logistics Operator Award

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  CEVA Logistics, a leading global supply chain management company, was awarded the Best Green Logistics Operator award at the 28th Asian Freight and Supply Chain Awards (AFSCA) held in Shanghai recently. The annual awards organized by Cargonews Asia are designed to honor leading


USCG Icebreaker 'Polar Star' Change of Command

Polar Star: Photo USCG

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.


Recent Vessel Sales: June 2014

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


Bolidt Decking, Flooring for Viking Cruise Flagship

CGI of the Viking Star

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


Tideworks Selected for Jacksonville, San Juan Terminals

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Hosted Turnkey Solution to Provide Strategic Technology Enhancementsand Improved Efficiency. Tideworks Technology, Inc., a premier provider of full-service terminal management and planning software solutions, today announced it has been selected by Sea Star Line


OW Bunker Strengthens Physical Distribution Capabilities

Star Goethals and Star Baltic Panama

Panama Canal to play a key role in changing regional marine fuel dynamics. OW Bunker has  announced that it has time chartered an additional barge in Panama to further strengthen its physical operations. The move reinforces the company’s ongoing commitment to its customers operating


Sea Star to Implement New Chassis Program

Chassis: Image courtesy of Sea Star Line

Sea Star Line informs that as part of its long term program related to chassis utilization, commencing Monday, June 2, 2014, it will introduce a new chassis program for shipments moving to and from the Southeast United States. From the above date, Sea Star Line will no longer provide chassis


Rolls-Royce Installs Promas Lite System for Star Cruises

SuperStar Virgo (Courtesy of Star Cruises)

Rolls-Royce has installed the Promas Lite propulsion system on SuperStar Virgo, the first vessel in Southeast Asia to be equipped with this efficient and fuel saving system. Promas Lite is an integrated propeller and rudder system that increases efficiency and is designed specifically for


Canada's CLI Christen New Lifeboat

A Tyne-class Lifeboat: Image RNLI

The Canadian Lifeboat Institution (CLI) has taken delivery of a Tyne-class lifeboat from UK's RNLI and renamed the rescue vessel 'Fraser Lifeboat', informs the Chamber of Shipping of British Columbia. The Fraser Lifeboat originally entered service in 1987 as Famous Grouse for the Royal National


DMC Partners to Develop "The Dolphin Residence"

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Dubai Maritime City (DMC) announced its partnership jointly with Sharaf Investments and Al Ali Property Investment (API) to develop “The Dolphin Residence” within the City, into a high-end Freehold mixed use development complete with offices, private residences, a four star hotel


International Recognition for Fast Displacement Hull Form

Galactica Star

Galactica Star, the first vessel to feature the Fast Displacement Hull Form (FDHF), has won the award for the best high-speed yacht over 45 meters in length at the World Super Yacht Awards on May 3, 2014. The jury reported that the award was granted because of Galactica Star’s


KfW IPEX-Bank Finance For 2nd Star Cruises' Ship

  With a loan of EUR 600 million, KfW IPEX-Bank is financing the construction of a second cruise ship for Star Cruises, the leading cruise line in Asia, at the Meyer Werft shipyard in Papenburg. The signing ceremony of the relevant contracts took place today in Hong Kong


FSG Delivers 'Swiss Army Knife' Cargo Carrier

Rolldock Storm: Photo FSG

Flensburger Schiffbau-Gesellschaft (FSG) says it has delivered a second multi-purpose cargo ship, named 'Rolldock Storm' to Dutch shipping firm RollDock BV. The two versatile new ships, Rolldock Star and Rolldock Storm are 151.5 metre-long, multi-functional


Fuel Savings Confirmed by Ships on ABB DC Grid

Dina Star: Image ABB

ABB say that the first documented results from Onboard DC Grid vessel confirm considerable fuel and noise reduction through the use of its Onboard DC Grid, where engines to run at variable speeds for top fuel efficiency at each load level.


HFW Lawyers Advise Genting HK on Cruise Ship Order

Patrick Yeung: Photo HFW

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






 
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