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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 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 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 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 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


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 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


Matson to Release Q2 2014 Financial Results

Matson containerships: Image courtesy of Matson

Leading U.S. carrier in the Pacific, Matson, Inc., informs it will release its financial results for the Second Quarter 2014 on Thursday, July 31, 2014. President and Chief Executive Officer Matthew Cox and Senior Vice President and Chief Financial Officer Joel Wine will discuss the results for


APL Voted Best Trans-Pacific Shipping Line

Credit : APL

  APL today won the Best Trans-Pacific Shipping Line accolade at the 28th Asian Freight & Supply Chain Awards (AFSCAs). This is the third time in four years that APL has emerged as the preferred liner in this category, following wins in 2011 and 2012.


Navy Partnerships Matter: RIMPAC in Action

Sailors haul mooring line aboard  USS Rushmore: Photo USN

The future is maritime partnerships maintains the US Navy in a recent news release. The world’s navies must be able to come together quickly to work on common interests and things that are important worldwide. The Rim of the Pacific Exercise 2014 (RIMPAC 14) is put forward as an example of


Latest FMCS Update on West Coast Labor Talks

FMCS Statement on Labor Negotiations Between the ILWU and Pacific Northwest Grain Handlers. The Federal Mediation and Conciliation Service issued the following statement (PM / 9 July) on the labor negotiations between the International Longshore and Warehouse Union (ILWU) and Pacific Northwest


PMA and ILWU Provide Update on Contract Talks

Image

  The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) today issued the following statement: The parties have agreed to take a 72-hour break from negotiations on a new coast-wide contract while the ILWU attends to an unrelated negotiation


U.S. Navy: Marine Mammal Project Breaks New Ground

Dolphins jump out of the water near the Military Sealift Command dry cargo and ammunition ship USNS Alan Shepard (T-AKE-3) during an underway replenishment with the guided-missile destroyer USS Stockdale (DDG 106), not pictured. (U.S. Navy photo by Mass Communication Specialist 2nd Class David Hooper/Released)

The U.S. Navy said that a newly released scientific report demonstrates the viability of a new method to estimate received sound levels during real scenarios and analyzes movements of satellite-tagged individuals of three species of marine mammals exposed to Navy mid-frequency active sonar around


Australian Warship Visits Vanuatu

HMAS Parramatta bridge team

Royal Australian Navy frigate HMAS Parramatta has departed Port Vila, Vanuatu, after a successful visit to strengthen relationships and security cooperation with the Pacific Island nation, informs Australia's Department of Defence. During her four day stay


IBM Signs Up to Help Fight China's War on Smog

  IBM Corp has signed an agreement with the city of Beijing to use advanced weather forecasting and cloud compting technologies to help tackle the Chinese capital's persistent smog. After a series of pollution scares and scandals


XL Group Grows in Asia

XL Group strengthened its Insurance Marine team with the appointment of Mike Davies as Chief Underwriting Officer, Marine, Asia Pacific and Ian Picton as Senior Upstream Underwriter.   Understanding the local industry and what is impacting it, is a key recruitment driver for XL Group


Australian Defence Force Helps in Cambodia Health Project

Health clinic Cambodia: Photo ADF

Australian Defence Force (ADF) inform that its medical personnel working alongside colleagues from the armed forces of the US, Japan, Republic of Korea, Malaysia and Chile have treated almost 3000 people in the Cambodian city of Sihanoukville and the surrounding region.


Australian Warship Joins SW Pacific Exercises

HMS Parramatta approaching Noumea: Photo RAN

The Royal Australian Navy ship HMAS Parramatta has completed its visit to Noumea, New Caledonia, before commencing a patrol as part of Operation SOLANIA, informs the Australia Government The ANZAC Class Frigate has left Noumea after spending three days strengthening relationships with the French


Marine Salavage: Responder Immunity Benefits a Responsible Party

The Author, Jon Waldron

Putting to rest the fears and misconceptions about what responder immunity means and what it will eventually do. It’s all good. As many in the response industry, and in many cases the marine industry in general appreciate, there has been an extended effort to enact an enhanced responder


Matson Increase Quarterly Dividend 6.25 %

Matson ships meet: Photo Matson

The Board of Directors of Matson, Inc. a leading U.S. carrier in the Pacific, informs it has declared a third quarter dividend of $0.17 per common share.  The dividend represents a one-cent increase, or 6.25 percent, over the previous quarter's dividend and will be paid on September 4


Australian Defence Force in Key RIMPAC 14 Role

Sailor in RIMPAC RAN Ship: Photo ADF

The Australian Defence Force (ADF) says it is playing a key role in the world’s largest maritime exercise taking place in and around the islands of Hawaii. Hosted by the United States Pacific Fleet, Exercise Rim of the Pacific 2014 (RIMPAC 14) will see 23 nations, 48 ships, six submarines


Panama Canal Expansion Moving Forward

Photo courtesy of the ACP

After the arrival of the second set of rolling gates, the Panama Canal Expansion keeps moving forward reaching a new milestone at the Pacific side with the pouring of more than two million cubic meters of concrete, the Panama Canal Authority (ACP) reported.






 
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