Sea Star Line, LLC (Sea Star) announced that it has reached an agreement to acquire the assets of Navieras/NPR, Inc. (NPR) and of certain related entities. The agreement covers the purchase of ships, equipment, assignment of terminal leases, trade names and other assets related to NPR's Puerto Rico service. The purchase agreement, subject to U.S. Bankruptcy Court approval, will become effective at the end of April 2002. Sea Star's expanded service will provide the premium intermodal transportation system between the continental United States and Puerto Rico, the Dominican Republic and the U.S. Virgin Islands. The operation will combine Sea Star's versatile RoRo/LoLo service with Navieras' market-leading container service. Sea Star customers will enjoy greater frequency of service including a weekly sailing between Philadelphia and San Juan, while Navieras customers will also enjoy improved frequency between Florida ports and San Juan plus access to a wider range of container and trailer sizes and types.
Company Receives New Refrigerated Containers and Places Order for New Genset Equipment Sea Star Line, LLC began receiving the first of its new 100 40’ and 45’ refrigerated containers ordered as part of its equipment replacement plan announced in August 2014. The replacement plan aims to reduce the average age of the entire Sea Star Line refrigerated container fleet to less than three years.
US-based Sea Star Line brings in new VP sales, gives further responsibilities to VP Caribbean Sea Star Line, LLC announced today that Bill Taylor will assume leadership of Sea Stars United States sales team as Vice President, US Sales. Eduardo Pagan, who held the position of Vice President, Commercial Services will now hold the position of Vice President and General Manager, Puerto Rico and Caribbean. We are extremely pleased to have Bill on board as he brings 30 years of sales
Sea Star Line announced that it is implementing a general rate increase, effective April 1, 2012. The general rate increase of 3.5 percent increase will be administered on shipments between U.S. ports and Puerto Rico. Sea Star Line cited escalating operational costs as the main driver for the increase. “Sea Star Line remains committed to the Puerto Rico trade and needs to implement rate increases and other activities to help to ensure continued profitability
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
In June 2014, Sea Star Line partnered with the 11 clubs of the Boys & Girls Clubs of Puerto Rico in a contest to name the new liquefied natural gas (LNG) vessels which will be dedicated to the Puerto Rico trade by TOTE, Sea Star Line’s parent company. The Marlin Class vessels have attracted international attention as the first cargo ships in the world to run on natural gas. In addition to their improved environmental profile
While in transit from Jacksonville, Florida to San Juan, Puerto Rico, the crew of Sea Star Line’s El Morro vessel received distress calls from a small fishing vessel in the Atlantic Ocean. The fishing vessel was attempting to hail the U.S. Coast Guard’s Jacksonville Sector with no success due to a weak transmission signal. The crew of El Morro intercepted the communications from the fishing vessel and began relaying information to the U.S Coast Guard in Jacksonville.
U.S. Jones Act carrier TOTE announced it has shifted operating companies Totem Ocean Trailer Express and Sea Star Line, respectively serving the Alaskan and Puerto Rican/Caribbean markets. Going forward, the companies will be known collectively as TOTE Maritime. Sea Star Line has delivered goods to Puerto Rico for more than 30 years with twice weekly reliable service that is responsible for goods traveling from the U.S
Tim Nolan, as Executive Vice President, will report to Peter Keller, President and be domiciled at Sea Star headquarters in Jacksonville, Florida. Tim has a broad background in liner shipping to include management accountabilities in Chile, as well as, the Latin America and Caribbean trades. He has also been involved in business development and International logistics management. Most recently he was senior vice president and general manager for a major International Logistics Operator
Former Executive Convicted for Role in Price-Fixing Conspiracy Involving Coastal Freight Services Between the Continental United States and Puerto Rico. Following a two-week trial, a federal jury in Puerto Rico today convicted a former executive of a Florida-based coastal water freight transportation company for his participation in a conspiracy to fix rates and surcharges for water transportation of freight between the continental United States and Puerto Rico
The Navy will christen its newest Freedom-variant littoral combat ship, USS Wichita (LCS 13), during a 10 a.m. CST ceremony Saturday, Sept. 17 in Marinette, Wisconsin. Wichita, designated LCS 13, honors the city of Wichita, Kansas. Sen
Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK) today announced it plans to make an underwritten public offering for $51.5 million gross proceeds of its common stock. The Company intends to use the net proceeds from the offering for general corporate
Hong Kong flagged bulk carrier Five Stars Fujian has been banned from Australian ports for 12 months once it was discovered that the vessel lacked sufficient provisions for its intended voyage and the crew had not been paid in several months.
wo new tankers, Nordic Star and Nordic Space, were named August 24 for owner Nordic American Tankers Limited (NAT). NAT founder and chairman Herbjørn Hansson was present at the naming ceremony, along with the chargé d'affaires a.i
VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday. An accident with coastal tanker Trident Star caused the oil spill on Wednesday, they said.
The first two of four Rhine class river cruise ships are simultaneously under construction at MV WERFTEN in Wismar. Delivery of the 7-star vessels Crystal Bach and Crystal Mahler to Crystal River Cruises will be in 2017. Shipbuilder MV WERFTEN held a keel-laying ceremony for two Rhine
The owners of Five Stars Fujian have at last paid for much-needed supplies to the Hong Kong vessel, which has been detained by the Australian Maritime Safety Authority since August 12, reports local media. The Five Stars Fujian has been detained off the port of Gladstone in by
Elomatic Ltd and Deltamarin Ltd have signed a tri-party engineering contract with shipbuilder MV Werften for the design of Star Cruises’ new Global Class “mega passenger ship,” which, once completed, will be the largest passenger vessel ever built in Germany.
As part of the ongoing Blue Star Delos Renewable Energy Innovation Project, Eco Marine Power (EMP) stated that the Aquarius Management & Automation System (MAS) installed on Blue Star Delos has been updated with new fuel oil consumption (FOC) and emissions monitoring software.
At high tide, the vessel “MARTIN SÆLE”, the first Live Fish Carrier built by Gondan Shipyard in Figueras, was successfully launched today. Representatives of the owner of the vessel, the Norwegian company Salmon Star AS, were present at the event.
Maersk Line is upgrading its ‘Triple Star’ service by launching direct, weekly northbound connections between New Zealand and North East Asian ports. "We are optimising our ‘Triple Star’ service with the launch of direct
The Athens, Greece-based Star Bulk Carriers Corp. (SBLK) has reported a loss of $48.8 million in its first quarter. The shipping company posted revenue of $46.3 million in the period. Petros Pappas, Chief Executive Officer of Star Bulk
Athens-based Star Bulk Carriers Corp has determined to effect a 1-for-5 reverse stock split of the Company's common shares. The Company's shareholders approved the reverse stock split and granted the Board the authority to determine the exact split ratio and proceed with the
Members of Lerwick’s Up Helly Aa Jarl Squad warmly welcomed Viking Sea passengers ashore during her maiden call to Lerwick. The brand new 47,842 tonne Viking Sea arrived for the first time at Lerwick on Wednesday 15 June
1777 - John Paul Jones takes command of the Continental Navy sloop USS Ranger. While commanding Ranger, the ship receives the first official salute to the Stars and Stripes flag by the French fleet at Quiberon Bay. 1777 - The Continental Congress adopts the design of present U.S