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, made its normally scheduled port call and was successfully worked last night.
American Commercial Lines reported that the company’s second- quarter profits nearly tripled on strong sales. The Jeffersonville-based company posted net income of $17.7m, compared with $6.03m during the same period a year ago. Sales increased 20 percent. The company announced last month it plans to hire 1,100 people over the next three years. (Source: Star report)
In an experiment, the US Department of Homeland Security (DHS) is deploying radio frequency identification (RFID) technology to track immigrants entering and exiting the country, according to a Hindu Business Line report. The RFID is an automatic identification method, relying on storing and remotely retrieving data using devices called RFID tags or transponders. Beginning July 31, the experiment applies to people without green cards entering the US with a visa to work, study or tour
Horizon Lines' financial report shows volume improves 3.4%, & rate, net of fuel up 2.9% from a year ago. Sam Woodward, President and Chief Executive Officer comments on third quarter 2012 financial results: "Horizon Lines generated a 3.4% improvement in container volume and a 2.9% increase in container revenue, net of fuel surcharges, for the third quarter, relative to the same period a year ago," said Sam Woodward, President and Chief Executive Officer
Coast Guard search continues for missing personnel following blaze on an oil platform in the Gulf of Mexico The fire on a shallow-water drilling oil production platform began while workers were using a torch to cut an oil line, reports Associated Press, and was brought under control within hours. Eleven people were taken by helicopter to area hospitals or for treatment on shore by emergency medical workers. A sheen of oil about a half-mile long and 200 yards wide was reported on the
While overall customer satisfaction with cruise lines is high, nearly one in five customers experience a problem while on their cruise, according to the J.D. Power 2013 Cruise Line Satisfaction Report. Key findings: Disney Cruise Line (871) ranks highest in overall satisfaction among cruise line brands, followed by Royal Caribbean (838). Price (53%) and past experience with brand (39%) are the two primary reasons for selecting a cruise line.
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
Plunging rates for chartering container vessels that carry consumer goods means a slowdown and losses for shipping lines in what is traditionally their busiest time of the year, according to a report on Bloomberg.com. As reported earlier today on MarineLink.com, MOL has revised its FY2011 downward, projecting a revenue drop of 6.3% from previous guidance. According to the Bloomberg report, fees for hiring vessels have fallen 9
Maersk gains from US military's US$ 11.5 billion war shipments Maersk, owner of the world’s largest shipping line, has benefited the most from the U.S. military’s dependence on commercial lines, according to a report in 'Longshore & Shipping News'. The company, based in Copenhagen, received almost half the military’s $1.82 billion in contracts last year to ship supplies and equipment around the globe, most of it tied to Iraq and Afghanistan
Daiichi Chuo K.K. may cancel ship orders, pare its fleet & sell new stock after getting emergency financing from shareholder Mitsui O.S.K. Lines Ltd. To help weather a slump in dry-bulk rates the company is in talks about canceling or delaying 10 of 60 on-order dry-bulk vessels as it heads toward a second straight annual loss, reports Bloomberg. The report adds that Nippon Yusen K.K. and Mitsui O.S.K., Japan's largest shipping lines
The US Department of Defense informs that nine companies have each been awarded indefinite-delivery/indefinite-quantity fixed-price option-year two modifications for international ocean and intermodal distribution services (Universal Services Contract-7). They are:
Odfjell Drilling reports second quarter 2014 financial results showing a profit of US$29-million. Profit & loss Q2 2014 Operating revenue for Q2 2014 was USD 272 million (USD 289 million), a decrease of USD 17 million, or 6 %. Operating revenue decreased due to reduced engineering- and
The Board of Directors of CMA CGM Group, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2014.
Members from the U.S. Coast Guard and National Park Service rescued a loggerhead sea turtle Sunday in Oregon Inlet. Watchstanders at Coast Guard Sector North Carolina in Wilmington received word from a good Samaritan boater the turtle was tangled in a line and dragging a plastic bucket in the
A World Trade Organization (WTO) dispute panel ruled against Argentina on Friday in a 2012 case brought by the United States, European Union, and Japan against Argentine import licensing rules used to restrict imports. The three trade powers argued that Argentina did not grant licenses to
China has appealed against a WTO dispute panel report on anti-dumping duties applied on certain Chinese products by the United States, the World Trade Organization (WTO) said on Friday. The appeal covers products including solar panels, wind towers, thermal and coated paper
Angolan cargoes for October loading are so far finding buyers slowly, traders said on Friday, while there were further signs that an overhang of September-loading Nigerian cargoes is being absorbed. Most buyers have baulked at the initial offers of Angolan crude
The Board of Polynesian Shipping Line Limited, Apia informed that the business and the Company’s associated investments have been sold to Neptune Pacific Line Limited. The sale is as a going concern and will continue to provide services in the Australian and New Zealand trades
CMA CGM S.A. (CMA CGM), has announced the co-operation with China Shipping Container Lines (CSCL), Orient Overseas Container Lines (OOCL) and Pacific International Lines (PIL), in the North East Asia, Australia and New Zealand Trade commencing from Shanghai in early of November.
Hallin Marine, a Superior Energy Services company, says it has completed a unique project for COOEC Subsea Technology, a wholly-own subsidiary of COOEC (China Offshore Oil Engineering Company) which involved the replacement of 9 mooring lines beneath the floating production storage and
The world's biggest container shipping company Maersk Line, a unit of A.P. Moller-Maersk , said it plans to raise freight rates on routes from Asia to northern Europe by $400 per 20-foot container (TEU). The new rates will take effect from Sep
1500 Sensation Weigh Beaufort, NC 28516 Tel: (252) 504-2640 Email: firstname.lastname@example.org Website: www.gplink.com President & CEO: Greg Poole, III The Company: gplink is the most capable remote diagnostic tool available for high horsepower systems
Clarkson Hellas notes in its latest 'S&P Weekly Bulletin' shipbuilding orders placed in the dry bulk, tankship, gas carrier and containership sectors, as follows: Dry bulk carriers A couple of orders to report in dry this week with Santoku Senpaku adding further Kamsarmax to their orderbook
The Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, recognized Holland America Line and Seabourn’s Kelly Clark for the second consecutive year in its “2014 Attorney’s Who Matter” list of lawyers in the
Holland America Line celebrated the keel laying of its new 2,650-guest Pinnacle Class ship on August 22 at Fincantieri’s Marghera shipyard in Italy. A 680-ton block was lowered by crane into the yard’s building dock, marking the official beginning of construction