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PACIFIC HORIZON

Crowley to Manage 4 Jones Act Ships for Pasha

Horizon Reliance (Photo courtesy of Crowley)

 Crowley Maritime Corp.’s ship management group has been awarded a new contract with Sunrise Operations LLC, a subsidiary of The Pasha Group, of San Rafael, Calif., for the operation, crewing and maintenance of four Jones Act ships operating between the U.S. West Coast and Hawaii.   The news follows the recent announcement that Pasha Hawaii, a wholly owned subsidiary of The Pasha Group, a family-owned global logistics company, will assume operations for all of Horizon Lines’ Hawaii business, including these four U.S.-flagged containerships.   Crowley’s ship management group provides all phases of commercial ship management, along with full technical management and government contracting. Crowley’s contract will encompass ship management for the Horizon Enterprise, Horizon Pacific, Horizon Reliance and Horizon Spirit. The company is providing a scaled, customized package of crewing and technical management services. Crowley provides similar services to other customers’ container ships around the world, including those in other Jones Act trades, the company noted.   The Pasha Group, a Jones Act shipping and integrated logistics company, has been serving the Mainland/Hawaii trade lane since 2005.


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 6/11 - EVER REGAL - 23,468 - 98 (16) - $6.9 6/02 - LORD CURZON - 27,868 - 97 (17) - $9 6/19 - UNIPLUS - 28,024 - 89 (25) - $4 6/26 - BUMBI - 29,870 - 04 (10) - $13.3 6/26 - TRANS OCEAN I - 38,398 - 86 (28) - $3.9


Horizon Lines Announces Senior Management Promotions

Horizon Lines, Inc., announced several key promotions and realignments of senior management responsibilities. John W. Handy is joining Horizon Lines as Executive Vice President. Reporting to him will be John Keenan, Senior Vice President and Chief Transportation Officer, Ken Privratsky, Vice President and General Manager, Alaska, Gabriel Serra, Vice President and General Manager, Puerto Rico, and Mar Labrador in his new position as Vice President and General Manager, Hawaii/Guam


Horizon Lines Experiences Minimal Disruptions from Earthquakes

Horizon Lines reported that the earthquake measuring magnitude 6.6, and several strong aftershocks including one measuring magnitude 5.8, that struck the Big Island of Hawaii on Sunday morning has not significantly impacted its operations. Inspections conducted Sunday found all cranes fully operational and minimal impacts to the Port of Honolulu. Power was restored late Sunday and a Horizon Lines vessel, the Horizon Pacific


Horizon Lines Win Environmental Stewardship Awards

Horizon Reliance: Photo credit Horizon Lines

US Company honored by Chamber of Shipping of America & Supply & Demand Chain Executive Magazine. Horizon Lines was recognized for outstanding achievement in environmental excellence by the CSA at a recent ceremony in Washington, D.C.  Additionally, the company has been named one of the 2012 Green Supply Chain Award winners by Supply & Demand Chain Executive magazine in its December issue. CSA awarded eight Horizon Lines vessels with Environmental Achievement Awards


Matson Completes Horizon Lines Acquisition

Photo: Horizon Lines

Matson, Inc. has completed the acquisition of Horizon Lines, Inc. which includes Horizon's Alaska operations and the assumption of all non-Hawaii business liabilities. Separately and immediately preceding the completion of the transaction, Horizon completed the sale of its Hawaii trade lane assets and liabilities to The Pasha Group for $141.5 million.   Matson acquired the stock of Horizon for $0.72 per fully diluted common share, or $69 million, and repaid Horizon's outstanding debt


Horizon Offshore Secures First Contract in West Africa

Horizon Offshore, Inc. in association with its Nigerian affiliate, Horizon Offshore (Nigeria) Ltd., has been awarded a portion of Chevron Nigeria Ltd.'s Escravos Offshore Pipeline and Structural Installation 2-year Program (with an option for an additional year). Works will begin in late December 2002 or early January 2003. Horizon's pipelay barge, the Brazos Horizon, mobilized from the Gulf of Mexico and has arrived in Nigerian waters. The company has established


Horizon Offshore Signs Contract in Northeast

Horizon Offshore, Inc. announced that its subsidiary Horizon Offshore Contractors, Inc. signed a contract with Algonquin Gas Transmission, LLC, an affiliate of Spectra Energy Corp., to lay and bury 16 miles of 24" trunk line, two 18" lateral lines, along with the associated tie-ins and testing of the pipelines. These pipelines will service the Northeast Gateway Deepwater Port being constructed offshore Massachusetts. The work is expected to commence in May 2007 with completion expected by


Horizon Lines Announces Organization Changes

Charles G. Raymond, Chairman, President and Chief Executive Officer of Horizon Lines, Inc. said several organization changes, key executive promotions and a realignment of senior management responsibilities. Effective September 1, 2007, Horizon Lines, Inc. is structuring its transportation and logistics operations under two wholly owned subsidiaries, Horizon Lines, LLC, and Horizon Logistics, LLC. Horizon Lines, LLC will continue as the nation's leading Jones Act container shipping


Horizon Offshore Granted Pipeline Construction Component

An alliance of which Horizon Offshore is a member has been granted a contract for the EPC 64 project from Pemex Exploracion y Produccion. The project's workscope, which entails the installation, bury, hook-up and commissioning of seven pipelines in the Cantarell Field, call for Horizon to provide all marine construction. With work set to commence during August, the company will utilize one of its pipelay barges, Gulf Horizon, for laying the 12-, 20- and 24-in. pipelines


Six Years after BP Spill, US Sets New Offshore Oil Safety Rules

Gas from the damaged Deepwater Horizon wellhead is burned by the drillship Discoverer Enterprise in May 2010, in a process known as flaring. (U.S. Coast Guard photo by Patrick Kelley)

The Obama administration on Thursday unveiled new oil well control rules to prevent the kind of blowout that happened six years ago on a BP Plc rig in the Gulf of Mexico.   The Interior Department's Bureau of Safety and Environmental Enforcement announced the finalized regulations


Austal Lines up Long-term Patrol Boat Work

Austal Pacific Patrol Boat Replacement Design (Image: Austal)

Australia based shipbuilder Austal Limited has been awarded preferred tenderer status by the Commonwealth of Australia for the Pacific Patrol Boats Replacement (PPBR) Project involving the construction of up to 21 steel-hulled patrol vessels and through life sustainment over 30 years in a total


ZIM to Enhance its Asia to US East Coast and Gulf Services

Photo: ​ZIM Integrated Shipping Services Ltd

 ​ZIM Integrated Shipping Services Ltd (ZIM) has announcd an enhanced Asia to US East Coast and Gulf service offering, with seven different weekly services, extensive direct port-to-port coverage and best-in-market Transit time from key ports in Asia to US East Coast & Gulf.  


Pacific Nations Take a Stand on Shipping Emissions

Photo: IMO

On Earth Day, Pacific leaders queued among 175 countries to sign the Paris Agreement in New York. Earlier that day in London, the International Maritime Organization (IMO), the United Nations Framework Convention on Climate Change (UNFCCC)’s sister UN specialized agency


Cautious Optimism on Pacific NorthWest LNG Report

Pic: Pacific Northwest LNG

 Canadian Environmental Assessment Agency (CEAA)  has ruled that Pacific NorthWest LNG’s project in British Columbia would likely harm harbour porpoises and contribute to climate change, but the export terminal could be built and operated without causing major ecological damage


Matson Declares 4Q EPS of $0.60, FY EPS $2.34

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Highlights -   * Hawaii container volume up 17.8% YOY in 4Q15 and up 8.1% in Full Year 2015   * 2015 Net Income of $103.0 million versus $70.8 million in 2014, up 45.5% YOY   * 4Q15 Diluted EPS of $0.60, negatively impacted by Horizon Acquisition SG&A costs of $0


Rosneft Reports Large Oil Spill on Sakhalin Island

Russian oil producer Rosneft said on Thursday that around 15 tonnes (110 barrels) of oil spilled off from an idled pipeline on the Pacific island of Sakhalin, while local ecologists say the scale of disaster is far larger.   Rosneft said the spill occurred on Wednesday at the Ekhabi


CMA CGM Deploys Six Mega Ships between Asia and US

CMA CGM Benjamin Franklin calls the Port of Long Beach in February (Photo: Port of Long Beach)

CMA CGM’s six 18,000 TEU vessels named after great explorers will be deployed on the trans-Pacific market and help to accelerate its growth, the container shipping company announced today.   Beginning from the end of May 2016, the CMA CGM Group will deploy its flagship fleet of six 18


BP Escapes US Lawsuits Over Post-Gulf Spill Drilling Ban

BP Plc does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an offshore drilling ban imposed soon after the 2010 Gulf of Mexico oil spill, a federal judge ruled.   U.S. District Judge Carl Barbier in New Orleans agreed with BP that federal law


Transocean Defeats Shareholder Appeal over Gulf Spill

Transocean Ltd on Thursday won the dismissal of an appeal by shareholders accusing the owner of the doomed Deepwater Horizon drilling rig of deceiving them about its safety practices prior to the 2010 Gulf of Mexico oil spill. The 2nd U.S


Zvezda Delivers Nuke-Sub to Russian Navy

Pic by Far Eastern Shipbuilding and Ship Repair Center

 Zvezda shipyard (Far Eastern Shipbuilding and Ship Repair Center) held a solemn ceremony dedicated to Submariner’s Day and to the end of overhaul of nuclear-powered cruiser Kuzbass, says press center of Far Eastern Shipbuilding and Ship Repair Center.   


Cosco Pacific, PSA Team Up to Expand Terminals in Singapore

PSA Pasir Panjang Terminal. Photo: PSA Corp

 COSCO-PSA Terminal Pte Ltd (CPT), a joint venture company formed by Cosco Pacific Limited (Cosco Pacific) and PSA Corporation Limited (PSA), is investing in new container berths in Singapore capable of serving the next generation of mega container vessels.   


Wahlberg Headlines Film on Deepwater Horizon Tragedy

Deepwater Horizon is due for release September 30, 2016 (Photo: Lionsgate)

Nearly six years after the BP oil spill in the Gulf of Mexico, Hollywood takes its shot at recounting the tragedy with a film due this fall aiming to tell the story on the fatal blowout and its aftermath.   The oil spill, one of the largest environmental disasters in global history


Foss Maritime Sells U.S. Flag Tug

Sale of “Benjamin Foss” by Foss Maritime Company of Seattle Photo Marcon International

Marcon International, Inc. of Coupeville, Washington informed the sale of the 1,700BHP “Benjamin Foss” by Foss Maritime Company of Seattle, Washington to private U.S. interests.   The 78.0’ x 26.3’ x 11.0’ depth x 9


Obama to Issue New Offshore Drilling Rules

(White House photo)

The Obama administration will announce Thursday safety regulations for offshore oil and natural gas drilling to prevent the kind of explosion that happened six years ago on a BP rig in the Gulf of Mexico, an official told Reuters. The Department of Interior will unveil the final version of its






 
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