Marine link
 

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 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


Ocean Cycles Pause Global Warming

AMO spatial pattern (by The Pennsylvania State University)

 The natural oscillations in the climate, which resulted in cooler Pacific Ocean waters, were partially behind the controversial global warming "pause", say researchers.   However, this in no way suggests that the planet is now cooling


Pacific Marine Power Now Offering Volvo Penta Products

Pacific Marine Power is now providing the full range of Volvo Penta diesel and gasoline marine engines, generator sets, and controls to customers throughout Washington, Oregon, Idaho, and Alaska, the company announced today. The Volvo Penta marine engine lineup includes their Inboard Performance


Logistics Suffer as U.S. Port Dispute Continues

File image: A containership unloads at the port of Oakland, CA

Dozens of ships queuing to dock due to ports dispute; Honda slowing North American car production as parts held up. A labor dispute at ports on the U.S. West Coast is disrupting supply chains across the Pacific, forcing some Asian suppliers to resort to costly air freight and pushing up


Horizon Lines to Settle Merger Litigation

Horizon Lines, Inc. announced it has reached an agreement in principle providing for the settlement and dismissal, with prejudice, of the consolidated putative class action complaint pending in the Delaware Court of Chancery in connection with Horizon's proposed merger with Matson Navigation, Inc


BP Denied $700M in Insurance from Gulf Spill

The Texas Supreme Court on Friday ruled that BP Plc cannot claim about $700 million in insurance that was carried by offshore driller Transocean Ltd to cover the blowout of BP's Macondo well in 2010, the biggest offshore spill in U.S. history.


PACFLT Hosts Senior Leaders Course

Harry B. Harris Jr., commander of U.S. Pacific Fleet, briefs flag officers during the Naval War Colleges Combined Force Maritime Component Commander Flag Officer Course. Participants from 15 nations around the Pacific region

  Senior military leaders from 14 nations gathered at U.S. Pacific Fleet (PACFLT) headquarters here in Hawaii for the Naval War College Combined Force Maritime Component Commander (CFMCC) Flag Officer Course Feb. 5-11. The 27 CFMCC participants came from Australia, Bangladesh, Canada


BMT Opens Testing Facility in Jakarta

BMTs  New Environmental Testing Facility in Jakarta

  BMT Asia Pacific (BMT), a subsidiary of BMT Group, the leading international maritime design, engineering and risk management consultancy, has opened its first ever environmental testing facility in Jakarta, Indonesia.  Certified to ISO17025 by Komite Akreditasi Nasional (KAN)


Gazprom holds First Investor Day in Asia

Investor Day in Hong Kong courtesy Gazprom

Gazprom held the 10th annual Investor Day for the first time in the Asia-Pacific Region – in Hong Kong (February 3) and Singapore (February 5). Taking part in the events were Andrey Kruglov and Alexander Medvedev, Deputy Chairmen of the Gazprom Management Committee; Dmitry Lyugai and


Swire Pacific Welcomes PSV, Pacific Liberty

Naming ceremony held in Kyoto, Japan on Tuesday, 3rd February 2015

  Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) welcomed its fourth L Class Platform Supply Vessel (PSV), Pacific Liberty at a naming ceremony held in Kyoto, Japan on Tuesday, 3rd February 2015.   The naming ceremony was held at Maizuru Shipyard of Japan


Research Shows Iron's Long Ocean Journey

Photo courtesy of the Woods Hole Oceanographic Institution

A new study led by scientists at the Woods Hole Oceanographic Institution (WHOI) points to the deep ocean as a major source of dissolved iron in the central Pacific Ocean. Researchers found that iron can travel long distances, highlighting the vital role ocean mixing plays in determining whether


Matson Announces Quarterly Dividend

Matson, Inc. declared a first quarter dividend of $0.17 per common share, the company’s board of directors announced. The dividend will be paid on March 5, 2015 to all shareholders of record as of the close of business on February 12, 2015.  


India-US “New Vision” for Asia Pacific and Indian Ocean

Barack Obama and Narendra Modi. Pic: Press Information Bureau, Government of India

 India and the USA on Sunday released a Joint Strategic Vision statement for the Asia-Pacific and Indian Ocean region, marking the deepening strategic equation between the two nations.  The partnership is expected to cover a wide sphere of influence that would extend from Africa to the


Cost Overrun Hits Panama Canal Expansion

Image: Panama Canal Authority

Widening the Panama Canal will cost more than budgeted due to billions of dollars in overruns by the consortium carrying out the work says a report from AFP.  The canal's administrator Grupo Unidos por el Canal (GUPC), which is overseeing upgrades to the canal's locks


First Gate Installed in Panama Canal’s New Pacific Locks

Photo courtesy of ACP

The first gate will be installed in lock head one facing Gatun Lake; canal expansion program 85 percent complete The first gate for the Panama Canal’s new locks in the Pacific side was installed earlier today after being carried to its final destination on self-propelled motorized wheel


Horizon Lines Secures ECA Waiver

A Horizon Lins D-7 Class Containership (image: Horizon Lines)

Horizon Lines, Inc. announced it has received a permit providing a conditional waiver from the North American Emissions Control Area (ECA) fuel sulfur content requirements of MARPOL Annex VI regulation 14.4.   The permit is in force while Horizon pursues installation of Exhaust Gas Cleaning






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright