Keystone Charters Jones Act Tanker Pair from AMSC
American Shipping Company ASA (AMSC), A Norwegian-based ship finance company focused on the intercoastal U.S. Jones Act shipping market, announced it has entered into bareboat charters for two of its vessels commencing in December 2022 with U.S. tanker operator Keystone Shipping Co.The bareboat charters have minimum terms of three years which may be extended at the charterer’s options. The charters are secured by back-to-back time charters of the same duration between Keystone and a major U.S. based oil and refinery group.AMSC said the new charters add almost $60 million to its existing charter backlog, excluding any proceeds from the profit share component of the charters.AMSC CEO Pål Lothe Magnussen said…
Kurz, Widdows, USCG 2009 AOTOS Recipients
The United Seamen’s Service (USS) 2009 40th Annual Admiral of the Ocean Sea Awards (AOTOS) were presented to Donald Kurz, President and CEO of Keystone Shipping Co., headquartered in Philadelphia, and to Ronald Widdows, Group President and CEO of Neptune Orient Lines (NOL) of Singapore, parent company of American President Lines (APL). A Special AOTOS Award was also presented to The United States Coast Guard. The maritime industry’s most prestigious honors were awarded at a gala industry dinner and dance held at the Sheraton New York Hotel and Towers, New York City, on November 13, 2009.
Maersk Alabama Capt. Honored at Annual Dinner
The officers and crew of the Maersk Alabama, who fought off a pirate attack earlier this year, will be represented by Captain Richard Phillips, Chief Engineer; Michael Perry, and Bosun William Rios in accepting an Honored Seafarers plaque at the 40th annual United Seamen's Service (USS) Admiral of the Ocean Sea dinner on November 13, 2009. "We are pleased that all three unions aboard the ship will be represented by the vessel department heads at this signature maritime event," said Edward R. Morgan, USS President. The unions are the International Organization of Masters, Mates and Pilots, Marine Engineers Beneficial Association and the Seafarers International Union of North America.
Crew of 5 American Vessels Honored for Bravery
The officers and crews of five American ships and a seafarer who extinguished a fire on a vessel will be honored for heroism by United Seamen's Service at the 40th annual Admiral of the Ocean Sea dinner on November 13, 2009. The AOTOS honors this year will go to Donald Kurz of Keystone Shipping Co., Ron Widdows of Neptune Orient Lines and the United States Coast Guard, which will receive a special award. The Honored Seafarer awards will go to the officers and crew of the Maersk Alabama, who fought off a pirate attack while maintaining control of the ship 350 miles off the coast of Somalia and whose captain was taken hostage, April 8-13, 2009.
Kurz & Widdows Receive AOTOS Award
The United Seamen's Service (USS) 2009 40th Annual Admiral of the Ocean Sea Awards (AOTOS) will be presented to Donald Kurz, President and CEO of Keystone Shipping Co., headquartered in Philadelphia, and to Ronald Widdows, Group President and CEO of NOL (Neptune Orient Lines) of Singapore, parent company of American President Lines (APL). A Special AOTOS Award will also be presented to the United States Coast Guard. The maritime industry's most prestigious honors will be awarded at a gala industry dinner and dance to be held at the Sheraton New York Hotel and Towers, New York City, on November 13, 2009. Richard Hughes, Chairman of the USS AOTOS Committee and President of the International Longshoremen's Association, AFL-CIO, made the announcement on the occasion of the USS Annual meeting.
