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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


LR Demand Difficulties

Graph: E.A. Gibson Shipbrokers Ltd

 There has always been a compelling story being told about how larger product carriers are the future, in particular the LR2s, says Gibsons Weekly Tanker Report.   However, the sector has had a particularly challenging few months


Carrier Strike Group 1 Conducts South China Sea Patrol

The aircraft carrier USS Carl Vinson (CVN 70) transits the Philippine Sea. The Carl Vinson Strike Group is on a western Pacific deployment as part of the U.S. Pacific Feet-led initiative to extend the command and control functions of U.S. 3rd Fleet. (U.S. Navy photo by Mass Communication Specialist 3rd Class Kurtis A. HatcherReleased)

Carrier Strike Group (CSG) 1, including Nimitz-class aircraft carrier USS Carl Vinson (CVN 70), Destroyer Squadron (DESRON) 1's Arleigh Burke-class guided-missile destroyer USS Wayne E. Meyer (DDG 108), and aircraft from Carrier Air Wing (CVW) 2, began routine operations in the South China Sea, Feb


US Aircraft Carrier Strike Group Begins Patrols in South China Sea

Official U.S. Navy file photo of USS Carl Vinson (CVN 70)

 Carrier Strike Group (CSG) 1, including Nimitz-class aircraft carrier USS Carl Vinson (CVN 70), Destroyer Squadron (DESRON) 1's Arleigh Burke-class guided-missile destroyer USS Wayne E. Meyer (DDG 108), and aircraft from Carrier Air Wing (CVW) 2


HMM Acquires Four Terminals From Bankrupted Hanjin

Phto: Hyundai Merchant Marine

 Hyundai Merchant Marine (HMM) announced that it has entered into a contract with Hanjin Shipping and Marine Terminals Investment Limited (MTIL) to acquire Hanjin Pacific Corporation’s 100% stake in terminals in Tokyo and Kaohsiung


Horizon Towboat for Florida Marine

The nineteenth vessel delivered to FMT  Photo Horizon Shipbuilding

Horizon Shipbuilding, Inc. of Bayou La Batre, Alabama has delivered the M/V A.B. York, a 120’ towboat, to its longtime customer Florida Marine Transporters (FMT).This is the nineteenth vessel delivered to FMT by Horizon and the ninth 120’ towboat.


Sizing Up The World’s Shipping Companies

Graph: Clarksons Research

 Shipping is a truly global industry with owners based all over the world, says Clarksons Research. Interestingly, ownership is also very fragmented with over 90,000 vessels owned by more than 24,000 shipowners, with an average of around four ships per owner.   


Caisse, Dubai’s DP World Ink $3.8-Billion Port Venture

Photo: DP World

 DP World announces the creation of an investment vehicle in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers.   The investment platform totals US$ 3


Cat EPA Tier 4 Engines for McAllister Tug Duo

Horizon Shipbuilding is in the process of installing the first production EPA Tier 4 certified units of its 3516E EPA CAT Marine engines, on a pair of tugs it is building for McAllister Towing & Transportation Co., Inc.   The pair of 100 foot azimuth stern-drive (ASD) escort and rescue


Pacific Islands for Energy Efficiency

Photo: International Maritime Organization (IMO)

 An energy efficiency workshop for Pacific Island countries and territories has been held in Port Vila, Vanuatu (12-14 December).    The event helped participants gain knowledge and tools to develop national strategies and clear policies to improve energy efficiency in maritime


NYC Ferries: A Collaborative Approach

Photo: Metal Shark

Innovative boats, unusual collaboration: Hornblower, Horizon, Incat Crowther and Metal Shark team up on one of the most significant newbuilding projects of the year.   When New York City Mayor Bill de Blasio earlier this year announced the selection of Hornblower to operate as many as 20


SNA Concludes Annual Symposium

Vice Adm. Tom Rowden, Commander, Naval Surface Forces, gives opening remarks at the 29th annual Surface Navy Association (SNA) National Symposium. Photo U.S. Navy by Mass Communication Specialist 2nd Class Ignacio Perez

The Surface Navy Association (SNA) concluded its 29th annual three-day symposium in Arlington, Virginia, Jan. 12. The symposium focused on distributed lethality to enable sea control and facilitated professional discussions between military members


Russia Halts Oil Exports from Novo Due to Storm

Russian oil exports from the Black Sea port of Novorossiisk were suspended on Sunday due to storm, oil pipeline monopoly Transneft said on Monday.   It also said that loadings from the Pacific outlet of Kozmino resumed on Sunday after storm, which did not affect the loading schedule.


Horizon Signs Remaining Options for NYC Ferry Builds

Photo: Horizon Shipbuilding

Horizon Shipbuilding, Inc. said it has been awarded five additional citywide ferries by HNY Ferry Fleet, LLC. The award brings the total ferries Horizon is building to 13 and completes the initial 19 boat citywide ferry contract. Two of the five vessels will be delivered as part of the 2017 package


Asia Dry Bulk-Capesize Rates to Hold Steady

Floor may have been reached on Western Australia-China rates; dry cargo demand could fall 5.4 pct in first quarter.   Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current levels next week on ample tonnage supply even as chartering


DOF Subsea wins three year IMR agreement

The HUGIN 1000 Image: DOF ASA

 In Asia Pacific, DOF Subsea has been awarded a 3-year IMR frame agreement with one of the major oil and gas companies in the region.   DOF Subsea has recently secured a Safety Case for Geoholm, and the vessel will be available in the Asia Pacific region from the beginning of Q2 2017.






 
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