Puerto Rico Towing & Barge Co. is expanding the size of its tugboat fleet with the addition of the newly constructed Handy-Three which arrived in San Juan Thursday morning. Puerto Rico Towing & Barge Co., a subsidiary of The Great Lakes Group, is located in San Juan, Puerto Rico, and has been providing vessel assistance and towing services to commercial vessels and barges in San Juan Harbor, other Inland Ports, and ports throughout the Caribbean for over 15 years. Recently constructed at Great Lakes Shipyard, Cleveland, Ohio, the Handy-Three is now the fifth tug in the Company’s fleet. The new tug is the third of a class of Handy Size tugboats designed by Jensen Maritime Consultants, Seattle, Washington, built specifically for harbor work and coastal barge towing using the tugs new JonRie Series 500 Towing Winch. By making this $5.7 million investment in a harbor tug, the Company improves the efficiency of the fleet’s round-the-clock towing services and demonstrates the Company’s continued commitment to the local economy by creating sustainable career jobs and putting money back into Puerto Rico. Puerto Rico Towing & Barge Co. will be hosting a christening ceremony for the Handy-Three sometime in the next month.
Tugs 'Triton' and 'Honcho' of the Puerto Rico Towing & Barge Co. recently assisted a drifting vessel off the coast of Puerto Rico. The cargo ship Global Destiny, owned and operated by Diavlos Maritime based in Athen, Greece, called for assistance the morning of Saturday, March 16. The vessel reported that it had run out of fuel and was drifting approximately five miles off the coast of Dorado, approximately nine miles north west of San Juan. Puerto Rico.
Crowley Maritime Corporation has presented a Thomas B. Crowley, Sr. Memorial Scholarship to InterAmerican University student Juan Xavier Berrios Guzman, from Barranquitas. Crowley has awarded 24 scholarships totaling tens of thousands of dollars to deserving students in Puerto Rico since 1984. Students are selected for the scholarship by the Puerto Rico Department of Education based on academic success and financial need.
The Ship Operations Cooperative Program (SOCP), sponsored by the Maritime Administration (MARAD), will meet in San Juan, Puerto Rico on June 22-24. Topics on the agenda include shipboard and port security plans; bridge technologies; mariner credentialing; and ballast water technology. For more information visit http://www.socp.org/main.shtml
Crowley's commitment to support exemplary students continued this month, as the company awarded the Thomas B. Crowley Sr. Memorial scholarship to University of Puerto Rico student Jan C. Nieves Rolón of Las Piedras, Puerto Rico. He is the 26th student in Puerto Rico to be awarded a Crowley scholarship. Nieves Rolón, who boasts a perfect 4.0 grade point average in high school, has enrolled as an accounting major at the university's Humacao, Puerto Rico campus
Horizon Lines reports Q! 2012 financial results with revenue container volume up, plans to dry-dock three Puerto Rico vessels in Asia The financial report includes the following summary statement: "Horizon Lines generated slightly improved revenue container volume and higher EBITDA and adjusted EBITDA in the first quarter relative to a year ago, despite challenges that included severe winter weather in Alaska, higher fuel prices and increased expenses," said Stephen H
Trailer Bridge, Inc. reported financial results for the second quarter ended June 30, 2002 highlighted by a significantly reduced losses, profits in the months of May and June and the beginning effects from what is anticipated to be sharp and continuing improvements in market conditions in the Puerto Rico lane. When the company released its first quarter results, it disclosed a just announced transaction where a competitor with a 27 percent market share and operating under Chapter 11 of
Horizon Lines, Inc., (NYSE:HRZ), announced that it will add regularly scheduled vessel container service between Tampa, Florida and Puerto Rico. A vessel call at the Port of Tampa will be added to the carrier's Gulf Express Service (GAX), currently operating a fixed-day, bi-weekly schedule between Houston, Texas and San Juan. The Tampa service is scheduled to commence with the arrival of the Horizon Discovery on October 4.
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
Crowley Maritime Corp.’s liner and logistics group was recently presented with its eleventh-consecutive Logistics Excellence Award for export quality – an honor given in recognition of Crowley’s ongoing efforts to safely and efficiently transport Toyota vehicles to Puerto Rico from the U.S. East Coast. Crowley’s Peter Noyer, vice president, national accounts and John Kelley, director, national accounts
The crew of Coast Guard Cutter Diligence returned to Wilmington following a 45-day patrol in the Caribbean Sea. While on patrol, Diligence served as the operational commander for all Coast Guard assets supporting Operation Southeast Watch in the Windward Pass between Cuba and Haiti
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
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
Crowley Maritime Corp.’s Liquefied Natural Gas (LNG) services group has been awarded a second, multiyear contract to supply containerized, U.S.-sourced LNG to a pharmaceutical company’s manufacturing plants in Puerto Rico. The contract
Maritime Administration to Provide Title XI Loan Guarantee for World’s First LNG Containerships Today, the U.S. Maritime Administration (MARAD) announced a $324.6 million loan guarantee for TOTE Shipholdings and Saltchuk Resources for their Marlin Class vessels
The U.S. Coast Guard is investigating a collision Tuesday between the Coast Guard Cutter Key Largo and the 42-foot commercial fishing vessel, Sea Shepherd, approximately nine nautical miles east northeast of Vieques, Puerto Rico. At 6:38 a.m
Pivotal LNG, Inc., a subsidiary of AGL Resources, announced this week a long-term agreement to sell liquefied natural gas (LNG) to Crowley Maritime Corp. subsidiary Carib Energy LLC (Carib). The LNG will be delivered to Puerto Rico. This is the first delivery of LNG for industrial customers in
The U.S. Coast Guard (USCG) is conducting a series of formal investigations after Tuesday’s collision involving a Coast Guard cutter and a fishing vessel off the coast of Puerto Rico. Three separate investigations have been initiated and will review different aspects of the collision
The Coast Guard is conducting a series of formal investigations after Tuesday’s collision involving a Coast Guard cutter and a fishing vessel off the coast of Puerto Rico. Three separate investigations have been initiated and will review different aspects of the collision between the
World’s first LNG powered containerships to serve Puerto Rico TOTE, Inc. announced an agreement today between its operating companies TOTE Shipholdings Inc. and Sea Star Line LLC on the charter of the two new Marlin Class vessels being built by TOTE Shipholdings at NASSCO in San Diego
Crowley Maritime Corporation last week presented four California Maritime Academy (Cal Maritime) students with Thomas B. Crowley Sr. Memorial scholarships during Containerization and Intermodal Institute’s Connie Awards dinner in Long Beach, Calif
Port of Ponce Authority actively seeking international port operator Puerto Rico announced today that it is looking for a major international port operator to partner with on the development of the Port of the Americas, located in Ponce, on the southern coast of the island
The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that its annual Tribute to the United States Coast Guard Seventh District will take place on November 13 at the Marriott Biscayne Bay in Miami
VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered, combination Container Roll-On/Roll-Off (ConRo) vessels for Crowley following the signing of the contract
Planning and execution of port and maritime safety and security in Caribbean region is all about partnerships Maritime security and safety experts are meeting in Nassau, Bahamas, this week to examine mutual threats and solutions and challenges and opportunities in the region