Crowley Maritime Corp. is planning a significant strategic restructuring that will result in a more decentralized ocean cargo transportation company once the sale of its South America liner services to Hamburg Sud is complete. Having completed this assignment, P. Elliott Burnside will leave the position of president of Crowley American Transport to establish his own industry consulting service, which Crowley will utilize. The company will not replace Burnside and will instead restructure its liner services into two major business units. Puerto Rico and Caribbean Liner services will be led by John Douglass, vice president and general manager, Puerto Rico and Caribbean Services, while Central America and Mexico liner services will be led by Rinus Schepen, vice president and general manager, Central America & Mexico Services. Crowley's South America liner services will continue to be run by Frank Larkin, vice president and general manager, South America Services, until the sale of these services is finalized.
The European Commission extended for five years a block exemption allowing shipping companies to form consortia covering the transport of cargo. The Commission said the block exemption automatically covered liner shipping consortia that have a market share of below 30 percent. The decision confirmed the Commission's favorable attitude towards liner shipping consortia, which "usually allow shipping lines to rationalize their activities and achieve economies of scale
Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg, Germany, announce that they have signed a preliminary agreement whereby HSDG will acquire the container liner activities of CCNI including the related general agency functions subject to due diligence
Effective August 1, 2013, Mitsui O.S.K. Lines, Ltd. will begin operating in Canada as MOL (Canada) Inc. MOL (America) Inc. and Montship, Inc. today jointly announced that their liner agent agreement will expire on July 31, 2013. Montship has successfully represented MOL’s Canadian liner services for over 53 years and both MOL and Montship are pleased with the long-standing partnership. All other agent agreements between MOL’s non-liner divisions and Montship will continue
The U.S. Coast Guard and the Guam Environmental Protection Agency are on alert for the possible arrival of the contaminated cruise liner, SS Independence, which is reportedly heading to Guam after being refused entry in Hawaii, The Variety reported. SS Independence, which is believed to be loaded with toxic polychlorinated biphenyls or PCB and lung-damaging asbestos, is being pulled by the tug ship Pacific Hickory, on the way to India, where the 57-year-old cruises liner will be scrapped
The first Iran-made ocean liner, named Iran-Arak, will be launched next week, Iran Mania reported. The Iran-Arak is the largest ocean liner constructed by a Middle Eastern country, adding that the project was undertaken by Iran Offshore Industries Company at a cost of $35 million. The vessel is one of the five shipbuilding projects implemented at the company and took two years to complete. It will have the capacity to carry 2,130 containers
Isramco, Inc., bid for a luxury cruise liner at an auction held on March 19 under order of the United States Bankruptcy Court, Southern District of Florida. The Court entered an order on March 19, 2004 authorizing the sale to the Company of the cruise liner, on an as is basis and free and clear of all liens and claims, for a purchase price of $8,050,000. The Company is required to consummate the purchase of the vessel by March 29.
Hamburg has one of the most comprehensive liner networks in Europe, which in turn means that it plays an important role as a transport hub for global cargo flows. Specialized liner traffic connects Hamburg to six continents. Over 100 container liner services travelling to destinations all over the world are based in Hamburg. One of the main markets for the Port of Hamburg are liner services from and to the Far East
A ceremony marking the keel laying for Cunard Line's Queen Victoria was held today at the Marghera shipyard of Fincantieri near Venice, Italy. The second largest Cunarder ever built, Queen Victoria will enter service on December 11, 2007 and become the third in Cunard's fleet of Queens when she joins Queen Mary 2, the largest liner in the world, and QE2, the most famous ship in the world. The keel laying involved the placement in the dry dock of one section of
French luxury liner, Compagnie du Ponant has picked BASSnet software solutions to drive key functions on its superior liners and flagship yacht¸ in a maiden contract for BASS in the cruise liner business. The hallmark of the BASSnet software is that they provide a comprehensive solution for all important areas of Compagnie du Ponant’s maritime operations, are built on an up-to-date technology platform that makes them future-proof and that they win accolades for their
Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th year since the founding of the company, 55 years of continuous general cargo liner service from FALLine and 50 years since the
Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II. A video showcasing the design is available here.
To offset the additional cost incurred by switching to cleaner fuels in Emission Control Areas, as required by the new regulation, Maersk Line will introduce a new Low Sulphur Surcharge (LSS). The surcharge will be effective from 1 January 2015 and affect all cargo with load port
Marine fuel and lubricant providers increasingly are playing a pivotal role in helping ship and boat owners to reduce emissions and improve performance. To this end, ExxonMobil introduced Mobilgard 410 NC, touted by the oil company as a zinc-free high-performance oil that offers marine operators
Mexican competition authority approves transaction with CSAV unconditionally; Next step for Hapag-Lloyd becoming number four in worldwide liner shipping Hapag-Lloyd announced the unconditional clearance under Mexican merger regulations for the planned integration of the container shipping
Crowley Maritime Corporation recently awarded Thomas B. Crowley Sr. Memorial Scholarships to two University of North Florida (UNF) students who are also currently part-time employees with the company. UNF seniors Olivia Musselwhite and Matthew Petrone each received $2
Officials for Italy's Tuscany region and the island of Giglio said on Monday they would seek a total of 220 million euros ($274 million) in damages from Costa Cruises, a unit of Carnival Corp, for the 2012 Concordia cruise liner disaster.
Horizon Lines announced that it would cease providing liner service between the U.S. and Puerto Rico by the end of 2014 due to continuing losses without the prospect of future profitability. Sea-Land Service, Inc. ("Sea-Land") pioneered the marine container shipping industry and
The transaction has the value of $0.72 Per Common Share Plus Repayment of Debt; acquisition Accretive to Matson's Earnings and Cash Flow. Separately Horizon to Sell Hawaii Operations to Pasha and Terminate Puerto Rico Operations. A Matson Investor Conference Call has been acheduled for 5:00 PM
Exploration Group, Inc., a company which performs shipwreck research, survey and recovery, was appointed, by the U.S. District Court for the Middle District of Florida, Tampa Division, as substitute custodian of the recovered hull fragment artifacts and any future artifacts recovered from the
A corpse found in the wreck of the Costa Concordia is thought to be that of the last person unaccounted for almost three years after the luxury liner sank, Italy's coast guard said on Monday. Russel Rebello, an Indian who worked as a waiter on the ship when it hit rocks and sank off the Tuscan
A new Chevron Marine Lubricants 100 BN cylinder oil, which is designed to offer ship owners the ability to achieve the latest emissions legislation, has received full sign off from a key engine maker. Chevron Marine Products LLC launched its Taro Special HT 100 lubricant earlier this year
L-3 Marine Systems International (L-3 MSI) has been awarded a contract to provide its NACOS Platinum navigation system, including an integrated dynamic positioning system, for the third ship in Royal Caribbean International’s (RCI) Oasis class
Shipping in general and oil tankers in particular should increase levels of security to counter the threat of an increasingly likely terrorist attack, maritime security company MAST has warned. The company issued the warning after Al-Qaeda insinuated it could execute strategic attacks on
The Shipping Corporation of India Ltd. (SCI), a Government of India Enterprise, hosted an interactive session on Coastal & Exim container trades of Gujarat on 9th October, 2014 at Courtyard Marriott, Ahmedabad. Shri Arun Kumar Gupta, Chairman and Managing Director of SCI, Capt. B.B