Florida-Based Sea Star Line LLC Agrees to Plead Guilty and Its Former President Is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico Sea Star Line Also Agrees to Pay $14.2 Million Criminal Fine. Sea Star Line LLC has agreed today to plead guilty and to pay a $14.2 million criminal fine for its role in a conspiracy to fix prices in the coastal water freight transportation industry, the Department of Justice announced. Additionally, a federal grand jury in San Juan, Puerto Rico, returned an indictment against Frank Peake, the former president of Sea Star Line, for his role in the same conspiracy. According to a one-count felony charge filed today in U.S. District Court for the District of Puerto Rico, Sea Star Line, whose principal place of business is in Jacksonville, Fla., engaged in a conspiracy to fix rates and surcharges for water transportation of freight between the continental United States and Puerto Rico from as early as May 2002, until at least April 2008. According to a one-count indictment filed today in the same district, Peake participated in the conspiracy from at least as early as late 2005, until at least April 2008. Sea Star Line transports a variety of cargo shipments, such as heavy equipment, perishable food items, medicines and consumer goods, on scheduled ocean voyages between the continental United States and Puerto Rico.
During the PVA Annual Convention at MariTrends 2014, held January 18-21 in Houston, members of the Passenger Vessel Association (PVA) elected Terri Bernstein, BB Riverboats Newport, Ky., as PVA President for 2014. Also elected to terms as PVA Officers for 2014 were: PVA Vice President: Dave Anderson, Fire Island Ferries, Inc., Bay Shore, N.Y. PVA Secretary Treasurer: Margo Marks, Beaver Island Boat Company, Charlevoix, Mich. PVA President: Terri Bernstein
P&O Stena Line has resumed full passenger and freight services from the British port of Dover after French fishermen began to lift their blockade of French ports. P&O spokeswoman Gail Isted said that the company's vessel 'Dover' had left Calais in France for Dover in mid-afternoon. "P&O Stena Line ferries will now leave Dover and Calais every 45 minutes and will revert to their usual sailing patterns overnight," the company said in a statement.
SEAaT (Shipping Emissions Abatement and Trading) announced today that international legal practice Norton Rose LLP and the freight services division of global mining group Rio Tinto have become its newest associate members. Norton Rose LLP has had shipping at its core throughout its 200-year history, and is home to one of the world’s leading transport legal practices. Norton Rose LLP has over 100 specialist shipping lawyers across the globe
The Björk.Eklund Group is changing its name to Greencarrier AB with effect from February 1, 2012. Previously the Greencarrier name had only been used by companies that formed part of Greencarrier Freight Services, the division of the Björk.Eklund Group offering customised logistics and transport solutions worldwide. Now the majority of Group companies not currently branded Greencarrier will also change their names to reflect their membership of the Greencarrier Group
IRISH Sea freight ferry operator Seatruck Ferries has ordered two new ro-ro freight ferries from Spain's Astilleros de Huelva. When they enter service in 2007 they will be able to move 130,000 freight trailers per annum on Seatruck's Warrenpoint - Heysham route, more than doubling present capacity. Seatruck's general manager Alistair Eagles says, "This is fantastic news for all of our freight customers. We have been running at full capacity for some
A former high-level shipping executive was sentenced today to serve 48 months in jail and to pay a $20,000 criminal fine for his role in an antitrust conspiracy involving the transportation of goods to and from the continental United States and Puerto Rico by ocean vessel, the Department of Justice announced on Jan. 30. This is the longest jail sentence ever imposed for a single antitrust charge. Peter Baci of Jacksonville, Fla., pleaded guilty on Oct. 20, 2008, in the U.S
Crowley Maritime Corporation announced a restructuring involving three members of its senior leadership team. John Douglass and Rob Grune will move to new positions, with Douglass taking over as senior vice president and general manager of Crowley's Puerto Rico/Caribbean liner services, and Grune taking over as senior vice president and general manager of Crowley's petroleum transportation group. Both executives will remain domiciled in Jacksonville and continue to report to Tom Crowley
The 68m catamaran Maria Dolores will shortly go into service with Malta-based Virtu Ferries on the company’s established Malta – Italy route, propelled by no fewer than six Kamewa waterjets, three in each hull. A speed of about 36 knots with the engines running at 90 per cent of full load will link Valetta with Catania in three hours, with Pozallo in 90 minutes and provide a service to the Italian mainland at Reggio Calabria in four hours.
Global freight management company, Geodis Wilson, said it plans to continue growing its Middle East network and has announced the appointment of Sascha Geiken as new Cluster Managing Director for the Middle East region. Sascha Geiken joined Geodis Wilson in 2009 as Managing Director of Geodis Wilson United Arab Emirates. In his new position as Cluster Managing Director, he will be responsible UAE, Qatar, Saudi Arabia and Bahrain.
March 6 marks the start of a new service from Los Angeles gateway. CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announced a new weekly, direct, all-water LCL (less than container load) service from the U.S
Welcoming the proposal, the Coalition for America’s Gateways and Trade Corridors (CAGTC) says it applauds the Administration’s vision for improving the multimodal freight network to support American businesses and national competitiveness in the world marketplace.
Q4 net profit falls to $936 mln vs $808 mln forecast; Company will issue bonus shares. Danish shipping and oil group A.P. Moller-Maersk said 2013 net profit fell less than expected thanks to higher earnings at container shipping business Maersk Line
Sentina Corp, a New York-based producer of protective cargo coverings, says it has been awarded the designation of 'Qualified Anti-Terrorism Technology' under the Department of Homeland Security's Safety Act for its Freight Glove, a reusable, vacuum-sealable, and tamper-evident covering.
The London P&I Club has increased its membership by almost two million gross tons over the past year. This increase reflects the entry of further tonnage with the club by existing members, and the addition of new members from China, Greece, Singapore, Turkey, and the U.K.
As expected, 2013 did not bring significant changes to the evolution of the world economy and consequently the rate of growth of world trade. With regard to the maritime freight market, the same situation of imbalance between supply and demand continued with a consequent reflection in value of
Group narrows net loss; lifted by $470 million (USD) cost savings and building sale. NOL Group today reported a 2013 net loss of $76 million, improving 82 percent from a $412 million loss the previous year. The group’s full year financial results were helped by a non-recurring $200
The U.S. Coast Guard (USCG) rescued a 54-year-old man, who was suffering from medical issues while aboard a 655-foot freight ship approximately 150 miles southwest of Tampa, Wednesday. At approximately 9:24 a.m., watchstanders at Coast Guard Sector St. Petersburg, Fla
Globe Express Services (GES), one of the world’s top 100 global logistics providers, has announced that its gross revenue for its UAE operations in 2013 has increased by 27 percent compared to 2012. Profit was buoyed by the rapid growth of, and positive outlook on
Scandinavian Shipping & Logistics and Kestrel Liner Agencies are now working in partnership to offer a full range of logistics services between Scandinavia and the Caribbean and Latin America. Kestrel Liner Agencies has appointed Scandinavian Shipping & Logistics (SSL)
Inchcape Shipping Services (ISS) has secured a further nomination from one of their key accounts to support their operations in Sub-Saharan Africa. Building on other recent successes in the region, ISS announced commencement last month of an offshore logistics and support contract for
Carlile Transportation Systems, Inc., a TOTE Logistics company, has named Larry Felix as their new Vice President of Business Development. Larry will provide leadership over commercial development in Alaska and throughout the Lower 48. Larry joins Carlile from Oak Harbor Freight Lines, Inc
Carlile Transportation Systems, Inc., a TOTE Logistics company, has named Larry Felix as their new Vice President of Business Development. Larry will provide leadership over commercial development in Alaska and throughout the Lower 48. Carlile inform that Larry joins Carlile from Oak Harbor
BIMCO reminds its members that one of its services is intervention to recover outstanding undisputed amounts. The service is free of charge and is offered only to members acting on their own behalf and in their own interest. Members owed money - be it an owner having problems obtaining
Marine transport advisors, McQuilling Services recently released its 2014-2018 Tanker Market Outlook that forecasts spot freight rates across eight tanker classes and 13 major trading routes. This year’s edition also includes a forecast of asset prices over the same period for