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.
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
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
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
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
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
The ultra competitive Greek ferry market has not only proven to be a fertile breeding ground for advanced marine technology, it has served as a role model for the direction of shipping services in both the region and the world. The Greek market has provided the collective builders and suppliers of advanced fast and conventional ferries a rich environment for business over the past few months, a trend that seems likely to continue
Tidewater Inc. (NYSE:TDW) announced on March 28 that William C. O'Malley, the company's Chairman, President and CEO for most of the past eight years, has officially stepped down as Tidewater's CEO, handing over the reins of leadership to Dean E. Taylor. Taylor, 53, has served as President of Tidewater since October 2001 when O'Malley, 65, announced his impending retirement at the end of March 2002. Taylor's career with Tidewater started in 1978 where he served as an assistant manager in the
On January 1, 2012 American Shipping Group underwent a dramatic transformation. The company, formerly known as ASG, became TOTE, Inc., and experienced a makeover in logo, look and structure. Seeing opportunity for market growth, TOTE, Inc. organized its five independently managed businesses in to three groups: Maritime, Logistics and Ship Management. · TOTE Maritime: Totem Ocean Trailer Express and Sea Star Line
Executives from 20 shipping companies and 40 expert panelists will share case studies on improving efficiency in ship operations with an expected 100 registered delegates at the 2013 SHIPPINGInsight Fleet Optimization Conference, at the Sheraton Stamford Hotel in Stamford, Conn., Oct. 22-24. “We’ve assembled an impressive lineup of moderators, panelists and speakers for this year’s conference,” said co-producer Frank Soccoli
The International Propeller Club honors Captain Goben in recognition for his service to the maritime industry Captain Richard Goben, Port Captain of Hornblower Cruises & Events in San Diego, received an international maritime award at the 87th Annual Convention and Maritime Industry
The second ship, 'Anthem of the Seas', in the new Quantum class will become the most technologically advanced cruise ship ever to be based in Europe, when it is launched in spring 2015, say owners Royal Caribbean International. The ship's first homeport will be Southampton, UK.
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for the three and the nine months ended September 30, 2013. Adjusted Net income for the third quarter of 2013 was $2
Coast Guard Cutter Polar Star departed Coast Guard Base Seattle for Antarctica, Tuesday, in support of Operation Deep Freeze for the first time since 2006 with the task of resupplying the National Science Foundation Scientific Research Station in McMurdo.
Northrop Grumman Corporation has been awarded a service contract for navigation systems and software to support the polar ice breakers for the U. S. Coast Guard. The $5 million, five-year contract covers support for two Coast Guard vessels, the Polar Star and the Healy
Eighteen Northrop Grumman Corporation employees received awards for their achievements at the 2013 Women of Color STEM (science, technology, engineering and mathematics) Conference in Dallas this weekend. The conference recognizes outstanding women in the STEM fields and provides opportunities for
Huntington Ingalls Industries announced that 10 employees were among those recognized for achievements in the fields of science, technology, engineering and math (STEM) during the 18th annual Women of Color STEM Conference. 8 award-winners represented the company's Ingalls Shipbuilding division
The U.S. Navy sold the 1,067-foot behemoth 'USS Forrestal' to a Texas company, All Star Metals, to be dismantled, scrapped and recycled, an inauspicious fate for a ship with a colorful and tragic history, reports Fox News, citing a Navy announcement.
Listed are vessel sales for October 2013 as prepared by Shipping Intelligence, Inc., New York. Reported – Vessel Name – DWT – Built(Age) – Price in millions USD Bulk Carriers 10/23/13 - POLYGO 2 - 6,850 - 89(24) - $1
The U.S. Coast Guard completed Arctic Shield 2013 after a successful summer season of sustained operations and outreach efforts in the Arctic region Friday. Arctic Shield focused on Western Alaska and the Bering Strait and consisted of a three-pronged approach of operations
Risk Intelligence, a security and piracy intelligence specialist, have announced their strategic partnership with Pole Star Space Applications, a leading provider of realtime asset tracking and monitoring solutions. The companies are working to integrate several solutions
Harbor Star Shipping Services Inc. has loaned one of its barges to the Philippine Coast Guard (PCG) to help transport relief goods and emergency tools to Tacloban City in Leyte and other sites massively ravaged by the super-typhoon, reports the nations's 'BusinessMirror'.
SeaOrbiter, the first space station of the sea, is launching a crowd funding campaign on KissKissBankBank to finance the construction of the “Eye” of the vessel, to start in spring 2014. The Eye of the SeaOrbiter will be 18 meters (59 ft) high above the surface of the sea
The Province of Nova Scotia has signed an agreement with Quest Navigation, Inc. and ST Marine Ltd. to re-establish the Yarmouth-Portland ferry service. The cruise ferry service will operate under the brand name Nova Star Cruises & provide daily round-trip service within 24 hours
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, announced that it has entered into definitive agreements to acquire two modern Ultramax bulk carriers, the M/V Supra Challenger I and M/V Supra Challenger II