Oglebay Norton Company announced that its wholly-owned subsidiary, Oglebay Norton Marine Services Company, LLC, has completed the sale of six of its nine remaining self-unloading freighters for $120 million to American Steamship Company, a wholly-owned subsidiary of GATX Corporation. Acquired were: M/V Oglebay Norton, M/V Columbia Star, S/S Armco, S/S Middletown, S/S Courtney Burton, and M/V Fred R. White. The Company is also progressing with its negotiations for the sale of the M/V David Z. Norton and M/V Wolverine and the transfer of the its leasehold interest in the M/V Earl W. Oglebay to an unidentified purchaser. The cash proceeds from this transaction will be used to pay down debt Although the details of the transaction were not disclosed, the Company confirmed that as part of the transaction it has secured carriage for limestone from its quarries to its own and third party docks around the Great Lakes through a favorable, long-term contract of affreightment.
The Coast Guard and a good Samaritan commercial fishing crew rescued five people from the water after the fishing vessel Star King, a 55-foot stern trawler homeported in Astoria, capsized and sank near the entrance to the Columbia River early Saturday morning. All five fishermen were pulled from the water by the crew of the fishing vessel Sea Ballad and were transferred to the Coast Guard 47-foot Motor Life Boat crew, from Station Cape Disappointment
The Transportation Safety Board of Canada (TSB) released its investigation report (M14P0121) into the June 12, 2014, capsizing and sinking of the fishing vessel Five Star in Johnstone Strait, British Columbia. The Five Star was on its way back to Kelsey Bay, British Columbia, after a three-day crab-fishing voyage, with the master and one crew member aboard. The vessel was carrying approximately 1,250 kg of crabs in 22 holding cages stowed on the deck
National Steel and Shipbuilding Company a wholly owned subsidiary of General Dynamics, has delivered the M. V. North Star to Totem Ocean Trailer Express, Inc. (TOTE). The North Star is the second of two new Orca-class trailerships built by NASSCO for TOTE’s service from Tacoma, Wash., to Anchorage, Alaska. Her sister ship, the M. V. Midnight Sun, was delivered to TOTE in April. Both ships are 840-ft.-long, 118-ft.-wide RoRo cargo ships capable of carrying
MARCO Shipyard Seattle has signed a contract to construct a third Millennium Class tractor tug for Harley Marine Services. Measuring 105 ft. (32 m), the multipurpose tug will be identical to its sisterships, Millennium Falcon and Millennium Star, delivered in February and August 2000, respectively. Construction of the tug is ongoing, with delivery planned for March 2002. Similar to its predecessors, the MARCO-designed tug will have an overall beam of 37 ft. (11
American Classic Voyages (AMCV), granted a $6.4 million contract for construction completion and outfitting on Columbia Queen to Nichols Brothers Boat Builders of Whidbey Island, Wash. The 161-passenger U.S.-flag riverboat, which will be readied by Nichols for service on the Columbia River system, will be operated under The Delta Queen Steamboat brand. Offering Pacific Northwest cruises beginning in April 2000, Columbia Queen will travel the Columbia
Eastern Shipbuilding Group, Inc. (ESG) announced that the Columbia (ESG Hull 981) a steel hull exact replica of the historic Gloucester Fishing Schooner, has completed her sailing trials. The sailing trials were held on September 18, 2014 directly offshore of the beaches of Panama City, Florida. Ninety-one years earlier, the original Columbia was officially measured on October 27, 1923 just before her race with the Bluenose by Raymond J. Milgate, a marine surveyor of Halifax, N.S.
An independent review conducted and reported today by the Oregonian concludes that the government’s economic justifications for a controversial proposal to dredge the Columbia River are deeply flawed. The Corps of Engineers wants to spend $196 million to dredge more than 100 miles of the Columbia River. In a three-part series beginning today, the Oregonian will report that deficiencies in the analysis have significantly inflated the benefits to the region and an underestimated the costs to
On Sept. 30, Coast Guard Sector Portland, Ore. reported that it is monitoring and managing vessel traffic on the Columbia River east of Portland/Vancouver, Wash., due to the closure of the Dalles Dam lock in Dalles, Ore. The U.S. Army Corps of Engineers (USACE) has temporarily closed the lock due to structural irregularities detected in the downstream gate. An assessment is being made to determine if repairs are needed.
Pole Star Space Applications Ltd.has been recognized as one of Britain’s best performing companies, according to the Sunday Times International Track 100. The league table ranks 100 UK-based private companies with the fastest-growing international sales in the last three years. Pole Star was the sole maritime industry representative included from a database of 2 million privately-held businesses. The company provides satellite monitoring systems to the global maritime industry
A new liquefied ethylene gas carrier (LEG) was named on Teesside today. Operated by German shipping company Hartmann Reederei and GasChem Services, the new eco-friendly sea vessel GasChem Beluga will carry shipments of ethane gas from Houston to SABIC’s cracker at Wilton on Teesside
The U.S Navy has awarded General Dynamics Electric Boat a $95.5 million contract modification to continue development of the Common Missile Compartment for the U.S. Navy’s Columbia-class submarine and the Royal Navy’s Dreadnought-class ballistic-missile submarine.
Viking Ocean Cruises and Fincantieri signed a memorandum of agreement for the construction of two additional cruise ships, with an option for another two. The new builds will be sister ships to the six already ordered and will enter Viking fleet in 2021 and 2022, respectively
Seaspan Ferries Corporation (SFC) has welcomed two new dual-fueled/hybrid liquefied natural gas (LNG), diesel and battery vessels to its fleet during a double commissioning ceremony held at its Tilbury Terminal in British Columbia on April 9.
A total of 40 passengers have been rescued after two vessels collided in Pathein, southwestern Myanmar's Ayeyawaddy region Friday night, in which 20 others have been confirmed killed, Xinhua reported quoting Pathein Water Transport Police.
From tragedy to triumph: A former college basketball star preserves a passion for the water thanks to Mercury Marine Mercury Marine develops and manufactures technology designed to enhance the boating experience. The marine engines manufacturer recently teamed up with Belzona boats to
U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy. But interviews with ship-builders, unions and a review of public and internal documents show major obstacles to that plan.
Star Bulk Carriers, a global shipping company focusing on the transportation of dry bulk cargoes, announced that it has entered into definitive agreements to acquire two modern Kamsarmax drybulk carriers from an unaffiliated third party for an aggregate total consideration of approximately
The U.S. Coast Guard (USCG) has awarded Qualship 21 status to 30 bulk carriers owned and operated by Star Bulk Carriers Corp., the largest U.S. listed dry bulk operator. The Qualship 21 program rewards high quality ships sailing under qualifying flags.
The US Department of Justice has approved the establishment of G2 Ocean. Authorities in Poland, Germany and Brazil have already approved G2 Ocean. This means the joint venture between Gearbulk and Grieg Star is a vital step closer to reality
Genting Hong Kong is a rapidly growing global travel brand, spreading its wings – literally and figuratively – into ocean cruise, yacht, river cruise, air and shipbuilding. Maritime Reporter & Engineering News speaks with key executives at Genting Hong Kong: Mona Lai
Two Panama-flagged bulk carriers were detained in the U.S. on February 23, 2017, after substandard safety issues discovered during routine exams aboard the vessels along the Columbia and Willamette Rivers. The Atlantic Ruby, a 590-foot bulk carrier was boarded in Portland on February 23
To better serve its government customers, such as the U.S. Maritime Administration (MARAD) and Naval Sea Systems Command, Crowley Maritime Corp. has moved its Washington, D.C., office to 100 M Street - adjacent to MARAD and the Navy Yard in the southeastern quadrant of the nation’s capital
Star Bulk Carriers Corp. announced the closing of its previously announced private placement of 6,310,272 common shares, at a price of $8.154 per share. The aggregate proceeds to Star Bulk, net of underwriting fees and offering expenses, were approximately $50.6 million
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, has announced that Loralyn Cropper joined its staff as regional director for the Northeast.