Marine link
 

Liners

Crowley Restructuring Announced

Crowley Maritime Corp. is planning a significant strategic restructuring that will result in a more decentralized ocean cargo transportation company once the sale of its South America liner services to Hamburg Sud is complete. Having completed this assignment, P. Elliott Burnside will leave the position of president of Crowley American Transport to establish his own industry consulting service, which Crowley will utilize. The company will not replace Burnside and will instead restructure its liner services into two major business units. Puerto Rico and Caribbean Liner services will be led by John Douglass, vice president and general manager, Puerto Rico and Caribbean Services, while Central America and Mexico liner services will be led by Rinus Schepen, vice president and general manager, Central America & Mexico Services. Crowley's South America liner services will continue to be run by Frank Larkin, vice president and general manager, South America Services, until the sale of these services is finalized.


EU Extends Shipping Consortia Competition Waver

The European Commission extended for five years a block exemption allowing shipping companies to form consortia covering the transport of cargo. The Commission said the block exemption automatically covered liner shipping consortia that have a market share of below 30 percent. The decision confirmed the Commission's favorable attitude towards liner shipping consortia, which "usually allow shipping lines to rationalize their activities and achieve economies of scale


MOL (Canada) Inc. to Serve Canadian Liner Market

Effective August 1, 2013, Mitsui O.S.K. Lines, Ltd. will begin operating in Canada as MOL (Canada) Inc. MOL (America) Inc. and Montship, Inc. today jointly announced that their liner agent agreement will expire on July 31, 2013. Montship has successfully represented MOL’s Canadian liner services for over 53 years and both MOL and Montship are pleased with the long-standing partnership. All other agent agreements between MOL’s non-liner divisions and Montship will continue


Hamburg Süd to Acquire CCNI Liner Service

CCNI Antillanca (Photo: CCNI)

Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg, Germany, announce that they have signed a preliminary agreement whereby HSDG will acquire the container liner activities of CCNI including the related general agency functions subject to due diligence


Cast Polyurethane for High Impact, High Wear Applications

(Photo: Argonics)

High-performance polyurethanes combine the advantages of plastics, metals and ceramics with resiliency of rubber parts    Although ship and boat building design engineers have traditionally specified parts made of rubber, plastic or steel when durability is required, many are considering cast polyurethanes as a new alternative for demanding, high-wear, abrasion and impact applications.   Cast polyurethanes, also broadly referred to as urethanes, are tough


SS United States: Deal Reportedly brokered to Save Historic Ship

(Image: Maritime Reporter & Engineering News)

A deal has been brokered to save the historic liner SS United States, with full details scheduled to be announced in New York City on Thursday, February 4, 2016.   Once the queen of the express liners, and the fastest, safest and biggest passenger liner in history, the SS United States for years has quietly awaited rescue in Philadelphia.   Built by Newport News Shipbuilding and Drydock Co. (now Huntington Ingalls Industries (NYSE: HII) and designed by legendary  William


HMM Appoints ISS for Australian Business

  Hyundai Merchant Marine (HMM) announcec that its Australian container liner business will be handled by Inchcape Shipping Services (ISS), effective February 1, 2015. Both HMM and ISS are working closely together to ensure that the change over to the new agency is a seamless transition with the head office of the agency situated in the same St Leonards office as at present, the companies said, adding that all Import and Export customers can expect ‘business as usual’


Coast Guard on Alert for Toxic Ship

The U.S. Coast Guard and the Guam Environmental Protection Agency are on alert for the possible arrival of the contaminated cruise liner, SS Independence, which is reportedly heading to Guam after being refused entry in Hawaii, The Variety reported. SS Independence, which is believed to be loaded with toxic polychlorinated biphenyls or PCB and lung-damaging asbestos, is being pulled by the tug ship Pacific Hickory, on the way to India, where the 57-year-old cruises liner will be scrapped


First Iran-made Liner Set for Launch

The first Iran-made ocean liner, named Iran-Arak, will be launched next week, Iran Mania reported. The Iran-Arak is the largest ocean liner constructed by a Middle Eastern country, adding that the project was undertaken by Iran Offshore Industries Company at a cost of $35 million. The vessel is one of the five shipbuilding projects implemented at the company and took two years to complete. It will have the capacity to carry 2,130 containers


Isramco Bids to Purchase Luxury Cruise Liner

Isramco, Inc., bid for a luxury cruise liner at an auction held on March 19 under order of the United States Bankruptcy Court, Southern District of Florida. The Court entered an order on March 19, 2004 authorizing the sale to the Company of the cruise liner, on an as is basis and free and clear of all liens and claims, for a purchase price of $8,050,000. The Company is required to consummate the purchase of the vessel by March 29.


Crowley Names Vargas VP, Business Development

Daniel Vargas (Photo: Crowley)

Crowley names Daniel Vargas new Vice President of International Business Development, prtnering with Jeffrey de la Combe to enhance Caribbean services   Veteran sales executive in ocean transportation and logistics Daniel Vargas has been appointed vice president of international business


SS United States Thrown a Lifeline

SS United States sits out of commission in Philadelphia. (Photo: SS United States Conservancy)

Just days away from a verdict on its ultimate fate, the historic cruise liner SS United States has received a lifeline in the form of a $150,000 donation to a fundraising effort which aims to save “America’s flagship” and restore the storied vessel to its former glory.  


E.R. Schiffahrt to Manage 3 More Maersk Ships

 Hamburg-based ship manager E.R. Schiffahrt informs it has been appointed by Maersk Line to manage three further vessels. With this new mandate, E.R. Schiffahrt increases the managed fleet for the world’s largest liner company from six to nine.  


Rucker Named President of Tideworks

Tideworks Technology Inc., a full-service provider of terminal management and planning software solutions, announced that Thomas J. “T.J.” Rucker will assume the role of president effective September 1, 2017, succeeding retiring president Michael Schwank


Jeremy Nixon is CEO of ONE Ocean Network

Photo: Mitsui O.S.K. Lines

 The management of the new company,  Ocean Network Express Holdings (ONE) -  the joint venture between three Japanese shipowning societies Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) was unveiled.  


Alexandria is Bahri’s New Direct Port Call in Egypt

The Egyptian city will be Bahri Logistics’ third direct port call in the country after Suez and Port Said. Photo: Bahri Logistics

 Bahri Logistics, one of the top 10 breakbulk carriers in the world and one of the six business units within Bahri, has added Alexandria to its portfolio of ports in Egypt.    The addition of Alexandria will enable Bahri to offer breakbulk and ro/ro transportation service on its


Hapag-Lloyd Issues Euro Bond Worth EUR 300mln

Photo: Hapag-Lloyd

 Hapag-Lloyd AG, a leading global container shipping company, launched a euro bond offering with a volume of EUR 300 million and a maturity of seven years.    The proceeds will be used for the early redemption of the company’s euro bond due in 2018 and the early partial


CSSC Launches New Marine Service Business

China State Shipbuilding Corporation (CSSC) said it has formally launched a new business CSSC Marine Service Co., Ltd, to coincide with the inauguration of its new logistics center within the Yangshang free trade zone, Shanghai.   The inauguration was marked with a ceremony on June 30, 2017


S&P Confirms Hapag-Lloyd Rating After Merger with UASC

Image: Hapag-Lloyd

 Rating agency Standard & Poor’s confirmed Hapag-Lloyd’s B+ rating and took the company off its CreditWatch with future negative implications. Hapag-Lloyd was upgraded to Outlook Negative.    The merger with UASC has added debt to Hapag-Lloyd’s capital


An Engine Oil Goes the Distance

Cylinder liners demonstrated minimal wear (Photo: ExxonMobil)

Inspection reveals that Mobil Delvac 1 ESP 5W-40 provides longstanding protection for Cummins marine main engine; after almost a decade of continuous use, minimal component wear and outstanding cleanliness were discovered   An inspection of one of two main engines on a U.S


Interior Refit for Cunard's Queen Victoria

Queen Vic Exterior (Photo: Cunard)

McCue Crafted Fit secured a repeat order from Cunard to refit the shops and art gallery on board its luxury liner, Queen Victoria. This follows the remastering of aspects of the Queen Mary 2 (QM2) in Hamburg, Germany in 2016. The £34 million ($43 million) refit comprises of an upgraded and


Antwerp Mulls China Collaboration

Photo: Port of Antwerp

 Antwerp Port Authority signed a collaboration agreement with the port of Caofeidian in China.  The collaboration forms part of the “One Belt One Road” project in which China seeks to connect its main ports and industrial cities more closely with crucial trade centres


Ellicott Dredges Bags Three US Govt Contracts

Ellicott 860SL Swinging Ladder Dredge  (Photo: Ellicott Dredges)

Ellicott Dredges announced it was recently awarded three contracts with the U.S. government.   The first contract is for a customized Ellicott 860SL Swinging Dragon dredge and support boat for the U.S. Bureau of Reclamation (USBR). This dredge will be used to increase depth and restore


Study Pinpoints Operators’ Engine Challenges

© Jelle van der Wolf / Adobe Stock

In-depth data analysis of more than 400,000 oil samples from ExxonMobil’s MobilGard Cylinder Condition Monitoring (CCM) program has identified the wide range of potentially damaging engine issues facing vessel operators.   With operators challenged by continued economic pressures and


Hapag-Lloyd Stakeholders Okay Capital Increase

Hapag-Lloyd

 Hapag-Lloyd shareholders approved all items on the agenda at today’s Annual General Meeting. In particular, the shareholders approved the creation of new authorised share capital.    This is to be used for a planned capital increase of USD 400 million






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright