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Matson Completes the Sale of Two Ships

Matson Navigation Company, Inc. has completed the sale of two combination Ro/Ro /lift-on, lift-off containerships to Sea Star Line, LLC (Sea Star) in Jacksonville, Fla. The vessels, which have been bareboat chartered to Sea Star since the company was formed in 1998, will continue to be deployed in the Puerto Rico trade. The sale to Sea Star, which is owned jointly by SaltChuk Resources, Inc., Matson and Taino Star Investment, Inc., underscores the investors' long term commitment to the line's Puerto Rico service. Matson is a wholly owned subsidiary of Alexander & Baldwin, Inc. of Honolulu (Nasdaq:ALEX). The two ships, the SSs El Yunque and El Morro, were both built by Sun Ship Building and Dry Dock Company and initially placed in the U.S. Atlantic Coast-Puerto Rico trade. Matson purchased the vessels in 1989 and 1990, respectively. Following the purchase, Matson modified both ships from strictly roll-on, roll-off vessels to combination ro-ro/lift-on, lift-off containerships. When the vessels were chartered to Sea Star, further modifications were made to increase their "big box" container capacity. As part owner of the Puerto Rico venture, Matson is confident that the two ships are well suited for Sea Star's service and will prove to be a good long term investment in the liner's operations. Mike Shea, president of Sea Star said, "These two vessels have contributed significantly to Sea Star's success in delivering superior service to our customers


Shipping Company Banned from U.S. for 3 Years

The Sun Ace Shipping Company, based in Seoul, South Korea, has pleaded guilty to a one-count information for violating the Act to Prevent Pollution from Ships, in relation to the operation of a bulk carrier vessel the M/V Sun New, the Justice Department announced today. Sun Ace, which was the operator and manager of a fleet of five ships, is charged with failing to maintain an accurate Oil Record Book that fully recorded the disposal of oil residue and bilge into the ocean and then


NASSCO and TOTE Christen the M. V. Midnight Sun

National Steel and Shipbuilding Company (NASSCO) has joined with Totem Ocean Trailer Express, Inc. (TOTE) to christen the M. V. Midnight Sun, the first commercial dry cargo vessel to be built in the United States in 10 years. The Midnight Sun is the first of two new Orca-class trailerships being built by NASSCO for TOTE's service from Tacoma, Washington, to Anchorage, Alaska. Lynn Garvey, wife of Mike Garvey, Chairman of the Board of TOTE's parent company, Saltchuk Resources, Inc


Bridge Collapsed By Chain of Barges

According to a report from the Sun Herald, on March 22, salvage crews removed debris from the Back Bay two days after a chain of eight barges crashed into the Popp’s Ferry Bridge in Biloxi, MS. The collapsed spans were lifted from atop one of the barges. Two cranes, tugboats and other heavy equipment were moved in to do the work. (Source: Sun Herald)


MOL Adjusts Intra-Asia Service Network

MOL Liner Ltd. (MOL) announced an enhancement of its Intra-Asia service network with new rotation of “HS3” and new Japan-Strait service “HS4,” offering competitive service despite potential schedule disruption as a result of recent port congestion in the region. Renewal of “HS3” with New Feeder Service “AJS”  MOL will introduce Singapore-Jakarta feeder service (AJS is operated by MOL) to stabilize the service schedule of


Seafarers Set Adrift in Liferafts After Hijack

Seafarers Set Adrift After Hijack

  Fourteen Indonesian seafarers were found adrift in life rafts after their tanker was hijacked by pirates. The pirates left the crew in the life rafts and sailed off in the tanker. The crew were physically unharmed. The seafarers were found on 31st January near Indonesia’s Lembeh Island due south of the Philippines. The Indonesian-flagged chemical tanker “Rehobot” is still missing. The tanker was boarded by pirates near Lembeh Island, North Sulawesi in Indonesia


A&P Southhampton to Repair Sundream

A&P Group has won the contract to carry out repairs to the 22,945grt Cruise Liner Sundream at its Southampton dry dock facility. The ship, which is operated by Sun Cruises (part of the MyTravel Group), will arrive at A&P Southampton on 26th October for a scheduled 21 day dry dock and refit period. Work will include extensive tank repairs, blasting and painting of the hull and davits, shell door inspections, various steel and pipe work renewals


Midnight Sun

Type Commercial Dry Cargo Vessel Owner Totem Ocean Trailer Express Builder NASSCO National Steel and Shipbuilding Company (NASSCO) and Totem Ocean Trailer Express, Inc. (TOTE) christened M.V. Midnight Sun, the first commercial dry cargo vessel to be built in the U.S. in 10 years. The Midnight Sun is the first of two new Orca-class trailerships being built by NASSCO for TOTE's service from Tacoma, Wash., to Anchorage, Alaska.


Navy Secretary Confirmed; Can’t Take Office

According to a recent Chicago Sun story, the Senate confirmed the appointment of Donald Winter as Navy secretary, but he won't formally take over until the current secretary's stalled promotion is cleared in an expected recess appointment by President Bush. Two senators have blocked Navy Secretary Gordon England's confirmation as deputy defense secretary, the Pentagon's second-highest position, creating a logjam in the department's hierarchy


Canadian Shipbuilding: East against West

According to a May 16 report from the Vancouver Sun, the Harper government is expected to release its long-term shipbuilding strategy in the coming weeks, creating two national centers to handle billions of dollars worth of contracts. The strategy could spark a high-stakes game pitting West Coast firms against East Coast companies in a winner-take-all contest. Vancouver-based Washington Marine Group and J.D. Irving on the East Coast will be asked to submit proposals to become the “center


ABB, Solar Impulse Join Forces for Round-the-world Flight

Solar  Impulse 2

  ABB, the leading power and automation technology company, is proud to accompany Solar Impulse and its crew on the plane’s flight around the world powered only by energy from the sun. Solar Impulse, based in Switzerland, announced today it will begin its historic flight between


COSCO Piraeus Pier III Inaugurated

The Inauguration of the Expansion of Pier III of PCT Successfully Convened

  The Inauguration of the Expansion of Pier III of COSCO Piraeus Container Terminal(PCT) was held yesterday. Premier Li Keqiang of China sent a congratulatory message, which was read by Mr. Zou Xiaoli, Chinese Ambassador to Greece during the ceremony


Carnival, China Merchants Sign MOU

MOU will explore both Port & Destination Development and Ship-Owning joint ventures with the goal of potentially launching China’s first world-class domestic cruise brand.   Carnival Corporation & plc has  signed a memorandum of understanding (MOU) with China Merchants


Hyundai Glovis Signs $100m Qatari Shipping Deal

Image: Hyundai Glovis

Hyundai Glovis Co., South Korean shipping firm, clinched a $100 million shipping service contract with a building materials firm in Qatar, reports Yonhap news agency.  According to the agreement signed with state-run Qatar Primary Materials Co


Double Solar Storms Headed to Earth

Solar storms heading to Earth

A rare double burst of magnetically charged solar storms will hit Earth Thursday night and Friday, raising concerns that GPS signals, radio communications and power transmissions could be disrupted, officials said on Thursday. Individually, the storms, known as coronal mass ejections, or CMEs


Green Passenger Ferries from Faaborg Vaerft

Sjövägen

The first full-electrical passenger ferry in composite is delivered to Ballerina AB in Stockholm, Sweden. Faaborg Vaerft A/S has delivered the first full-electrical passenger vessel, Sjövägen, built in composite materials to the shipping company Ballerina AB in Stockholm, Sweden


Naming of M/V “SITC SHANDONG” at CSBC Shipyard

Mr. Yang Shaopeng,Chairman of SITC International(sixth right)and Mr.Lai Shangui, Chairman of CSBC(fifth Right)

The Naming Ceremony of M/V “SITC SHANDONG” was held yesterday in Keelung Factory of CSBC Corporation, Taiwan, by SITC International Holdings Co., Ltd. (SITC International) and CSBC Corporation, Taiwan.(CSBC). Mr. Yang Shaopeng, Chairman of SITC International, and Mr


Today in U.S. Naval History: September 25

Today in U.S. Naval History - September 25 1941 - In first successful U.S. Navy escort of convoys during World War II, Navy escort turn over HX-150 to British escorts at the Mid-Ocean Meeting Point. All ships reach port safely. 1957 - In project Stratoscope


MOL Restructures Asia to S. Africa Service

mol130th.jpg

Mitsui O.S.K. Lines, Ltd. (MOL) announced the restructuring of its existing Asia to South Africa liner services into two direct loops. One service will call South China, while the other loop will directly connect Central China. The newly restructured loops will further strengthen MOL’s


SYM Bolsters Shipowners Service Portfolio

SYM announced it has reorganized its technical services in three lines: Technical Services, Wet Docking Services and Electrical and Electronic Maintenance. Technical Services, which includes through SYM Engineering Technical Office ship design, naval architecture and marine projects


Crowley Christens New Ocean Class Tugboat

Photo: Crowley

Crowley christens new ocean class, DP2 tugboat, Ocean Sun, in Louisiana As part of the company's new vessel build program, Crowley Maritime Corp. christened the latest of its four tugboats in the ocean class series, Ocean Sun, today in Lake Charles


“Olympus” Named in Fosnavåg

Olympus

  Build number 116 from Havyard is called ‘Olympus’. It is the third in the series of Havyard’s 832 design, and, as mentioned, the eighth vessel to be delivered to Global Offshore Services. On Friday night, an Indian ceremony was held on board


ST Engineering Rejigs Top Deck

Lee Fook Sun

  Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the Group with a view to further strengthen its leadership team. Mr Lee Fook Sun


Royal IHC Launches Subsea 7’s Seven Rio

Launch of Subsea 7s 550t pipelaying vessel, Seven Rio, at the shipyard in Krimpen aan den IJssel, The Netherlands

Royal IHC (IHC) has today successfully launched Subsea 7's 550t pipelaying vessel, Seven Rio, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was performed by Mrs Anelise Lara, Petrobras Executive Manager for the Libra Project.


ARENA Funding Produces Record Solar Efficiency

Solar pv panels

ARENA today congratulated researchers at the University of New South Wales (UNSW) for being the first in the world to convert more than 40% of the sunlight hitting a solar system into electricity. The record efficiency was first achieved in outdoor tests in Sydney






 
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