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PACIFIC HORIZON

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 6/26 - SKYE - 42,223 - 91 (23) - $4.9 6/02 - STAR LYGRA - 50,741 - 13 (1) - $49 6/02 - WESTERN SINGAPORE - 52,239 - 03 (11) - $17.5 6/02 - FATHER NEPTUNE - 55,700 - 09 (5) - $25.5 6/30 - CROWN ALEXANDRA - 57,981 - 12 (2) - $24.9 6/30 - CROWN ESMERALDA - 58,000 - 12 (2) - $24.9 6/30 - CROWN MINA - 58,018 - 12 (2) - $24.9 6/30 - FIRST ENDEAVOUR - 69,111 - 94 (20) - $5.7 6/02 - RENASCENTIA - 74,732 - 99 (15) - $11.2 6/11 - YUSHO SPICA - 76,598 - 06 (8) - $20 6/02 - MISHIMA - 76,598 - 02 (12) - $16 6/02 - YE SHAN - 79,754 - 11 (3) - $22.1 6/02 - GRAIN PEARL - 81,630 - 13 (1) - $27.5 6/09 - KING SANTOS - 82,566 - 14 (0) - $32.7 6/09 - KING SEATTLE - 82,566 - 14 (0) - $32.7 6/30 - BLUE MANASLU - 179,276 - 11 (3) - $51.5 Car Carriers 6/09 - A LADYBUG - 26,985 - 11 (3) - $65 6/09 - B LADYBUG - 27,003 - 11 (3) - $65 Combination Carriers 6/02 - E WHALE - 319,869 - 10 (4) - $61 Chemical Carriers 6/09 - ALINA - 5,070 - 01 (13) - $7.8 6/30 - CRANE BRIGHT - 6,788 - 02 (12) - $7.1


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 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 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 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 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


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 Enters into OSHA Partnership

Horizon Lines of Puerto Rico, Inc., a subsidiary of Horizon Lines, Inc., participated in a signing ceremony of its Maritime Industry Safety Partnership Agreement with the International Longshoremen's Association (ILA) Local 1575 and the Occupational Safety and Health Administration. This agreement marks the second time Horizon Lines has taken a leadership position nationwide with a safety program of this nature. In 2002


Horizon Lines Acquires Aero Logistics

Horizon Lines, Inc., has acquired Aero Logistics, a full service, third party logistics provider (3PL) headquartered in South San Francisco, CA. The terms of the acquisition were not disclosed. Aero Logistics designs and manages custom freight shipping and special handling programs for customers in service-sensitive industries including high-tech, healthcare, energy, mining, retail and apparel. Aero also operates a fleet of GPS-equipped trailers under the direction of their Aero


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


Dolphin die-off Spurred by BP Oil Spill

Dolphins are seen swimming through the oil spilling from the Deepwater Horizon oil well at the height of the spill in 2010. (Credit:NOAA)

A record dolphin die-off in the northern Gulf of Mexico was caused by the largest oil spill in U.S. history, researchers said on Wednesday, citing a new study that found many of the dolphins died with rare lesions linked to petroleum exposure.  


Global Warming Slowdown Tracked to Indian Ocean

Image courtesy: NOAA.

 Global surface warming has slowed since the start of the twenty-first century, while Pacific heat uptake was enhanced. Analyses of ocean heat content suggest that the warm water was transferred to the Indian Ocean, through the Indonesian straits, reports "Natue".  


British Columbia Signs LNG Deal with Petronas

Agreement between the government of BC and Pacific NorthWest LNG establish signed. Photo: BC Gov News

 B.C. Premier Christy Clark has announced an agreement in principle with Pacific NorthWest LNG, owned in majority by Malaysia's Petronas, for a liquefied natural gas development on the province's northwest coast.    Hailed as “the largest capital investment in B.C


PSC, BP Claims Against Transocean Resolved

Photo of GSF Galaxy III courtesy Transocean

  Transocean Ltd. announced that it has reached two separate settlement agreements, with the Plaintiffs' Steering Committee (the "PSC") and with BP Exploration & Production Inc. and BP America Production Co. ("BP")


India, Japan Reaffirm Strong Maritime Ties

Indian Union Minister for Defence, Manohar Parrikar calling on the Prime Minister of Japan, Shinzo Abe, in Japan. Courtesy: Photo Division, PIB

 India and Japan have discussed a specialized 24-nation maritime construct to enable real-time sharing of data of all shipping including merchant and naval warships, operating in the Indian Ocean, parts of the Pacific Ocean and disputed waters of the South China Sea.  


US, Japan Pledge Maritime Support to Phillipines

Araw ng Kagitingan: Official Gazette of the Republic of the Philippines

 The United States and Japan have renewed vows to secure the Pacific region, including the Philippines, from maritime threats.   In separate speeches during the celebration of Araw ng Kagitingan (Day of Valor) at Mt. Samat, Bataan yesterday


US Well Control Regulations Proposed

BSEE Director Brian Salerno

U.S. Interior Department releases proposed well control regulations to ensure safe and responsible offshore oil and gas development; result of extensive consultation, evaluation after Deepwater Horizon   In response to the findings of investigations into the Deepwater Horizon tragedy


Pacific Ports Agreement Clears FMC Review

Photo: Port of Los Angeles

The Pacific Ports Operational Improvements Agreement (FMC Agreement No. 201227) is set to become effective on April 17, 2015 after the Federal Maritime Commission (FMC) voted unanimously for its approval.   The commission said its review included evaluation of information received from the


Gulf Oil Spill Restoration Projects Proposed

Aerial view of Louisiana shoreline (Photo: NOAA)

Deepwater Horizon trustees announce agreement in principle for 10 Gulf early restoration projects   The trustees and BP have identified approximately $134 million in projects to be included in the next proposed phase of early restoration


Swire Pacific Offshore wins Industry Award at IMA

Swire Pacific Offshore emerges as the winner of the SRS Shipowner of the Year award at the Singapore International Maritime Awards (IMA) ceremony held during the Singapore Maritime Week 2015

  Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) won the SRS Shipowner of the Year award at the Singapore International Maritime Awards (IMA) 2015 ceremony held on Tuesday, 21 April 2014 at The Ritz-Carlton, Millennia Singapore.  


Horizon's Hawaii Business Acquisition Cleared by DOJ

Horizon Lines, Inc. reported yesterday that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The Pasha Group has been granted early termination of the premerger waiting period. This grant was effective April 21, 2015


Horizon Delivers Second 80’ Towboat to FMT

Photo courtesy of Horizon Shipbuilding

Horizon Shipbuilding, Inc. announced the delivery of another 80’ Inland River Towboat, the M/V Chip Stiebing, to Florida Marine Transporters (FMT) of Mandeville, La. Delivered in March 2015, this is the second 80’ towboat of the three vessel contract with FMT.  


Navy Awards Contract for Passenger Terminal Renovation in Hawaii

Naval Facilities Engineering Command (NAVFAC) Hawaii awarded a $20.5 million firm-fixed-price task order under a multiple award construction contract April 27 to Insight Pacific LLC, a small business in Anaheim, Calif.    The work to be performed is for repairs of the existing


BP Wins Right to Appeal Gulf Spill Damages Claims

BP Plc deserves the right to have a federal appeals court review some damage claims awarded under the settlement to compensate people and businesses harmed by the 2010 Gulf of Mexico oil spill, a U.S. appeals court ruled on Friday.   The 5th U.S


US Pulls Sri Lanka out of China Maritime Net

 Sri Lankan Prime Minister Ranil Wickremesinghe and the US Secretary of State John Kerry: Photo credit: Official Facebook page of Ranil Wickremesinghe

 US has begun to wean Sri Lanka away from China’s maritime security net by incorporating Sri Lanka into their Indo-Pacific region maritime security program, says the Times of India.   The US State Department said last Tuesday that United States will collaborate with Sri Lanka to






 
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