World Financial Center News

Training and attention to detail saves lives. Kevin Suarez at Statue Cruises is the living embodiment of that maritime metric. For any first time visitor to the Big Apple, the trip probably wouldn’t be complete without seeing the Statue of Liberty and Ellis Island. To that end, Statue Cruises’ main focus is to create a smooth passenger experience and serve as the gateway to the Statue of Liberty and Ellis Island for the over 4.4 million tourists who visit both islands annually. Collectively, they run eight vessels that service the Statue of Liberty/Ellis Island routes and two smaller vessels with the Liberty Landing Ferry, which Statue Cruises operates, that runs between Liberty State Park in Jersey City, NJ and the World Financial Center, in lower Manhattan.

BIMCO encourages members to take part in the next free event organised by the Young Professionals in Shipping Network (YPSN) in Shanghai on 15 January 2015. BIMCO fully supports YPSN’s aim to hold events to help young professionals meet their industry peers, build relationships, promote cultural and knowledge exchange, and develop future business opportunities. Join us there and exchange your news, views, experiences, ideas and thoughts with other friends amongst ship owners, managers, operators, brokers, agents, clubs, banks, shipyards and the like. Entrance to the event is free and you are very much welcome to register and join. Please feel free to forward this invitation on to your colleagues and contacts in the shipping industry who may also be interested.

Out at sea, look! It’s a ship! It’s a floating rig! It’s SuperFLNG! While not “faster than a speeding bullet,” Shell’s shipzilla Prelude is certainly more powerful than a speeding locomotive, and will be able to leapfrog in size, many of the world’s tallest buildings. By any definition, the super-size Prelude floating liquid natural gas (FLNG) vessel is gargantuan. And yet it is designed to cram everything you’ll find in a full-size, shore-based processing plant into roughly a quarter of the space.

Athens, Greece, April 11, 2011 – Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it plans to offer 5,000,000 shares of its common stock to the public (the “Public Offering”). In connection with the Public Offering, the Company intends to grant the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock. The Company plans to use the net proceeds of the Public Offering for vessel acquisitions…

On May 15, the Municipal Waterfront Alliance sponsored its second port-wide waterfront conference focused on the legal, environmental, infrastructure, redevelopment, commercial, transportation and economic issues facing the Port of New York & New Jersey. The conference took place in the Hoboken Terminal in New Jersey and the World Financial Center in New York City -- a short water taxi ride for the participants. The conference was attended by approximately 500 people, including 60 federal, state and local government representatives and stakeholders in the future redevelopment of the port complex. New Jersey Governor James E. McGreevey was the keynote speaker…

and six under construction. July and August 2003. checkered trim have been a notable part of the Manhattan waterfront. waterfront each year. existing piers. the Beard Street Pier in Red Hook, Brooklyn. and West 44th Street. a low-wake hull and a top speed of 25 knots carrying 54 seated passengers. the main deck. accommodated in dedicated spaces in the main cabin. a total capacity of 75 passengers), a small bar aft and an ADA compliant toilet. allows passengers to enjoy panoramic views of the cityscape during their ride. cruises. through Twin Disc gears, power the ferry.

Inc. (NYSE:OSG), filed a registration statement with the Securities and Exchange Commission for a proposedinitial public offering of its common stock. Double Hull Tankers, Inc. and to time charter them back to other subsidiaries of OSG. UBS Investment Bank and Merrill Lynch & Co. are serving as joint book-running managers of the offering. A copy of the prospectus relating to these securities may be obtained, when available, from: UBS Securities LLC, Attn: Prospectus Department, 299 Park Avenue, 25th Floor, New York, NY 10171 or Merrill Lynch & Co., 4 World Financial Center, New York, NY 10080.

American Commercial Lines Inc. (NASDAQ: ACLI) announced the closing of the initial public offering of 9,487,500 shares of its common stock at a price to the public of $21.00 per share. Of the shares sold in the offering, 7,500,000 shares were sold by ACL and 1,987,500 shares were sold by a selling stockholder. The shares sold by the selling stockholder included 1,237,500 shares purchased pursuant to an option granted by the selling stockholder to the underwriters, which was exercised in full. Based on the public offering price of $21.00 per share and after deducting underwriting discounts and commissions, the net proceeds to the Company were approximately $146.5 million, and the aggregate net proceeds to the selling stockholder were approximately $38.8 million.