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Sea Star

Sea Star Will Acquire Navieras’ Assets

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.


Sea Star Line: Equipment Replacement Plan on Track

Photo: Sea Star Line

Company Receives New Refrigerated Containers and Places Order for New Genset Equipment   Sea Star Line, LLC began receiving the first of its new 100 40’ and 45’ refrigerated containers ordered as part of its equipment replacement plan announced in August 2014. The replacement plan aims to reduce the average age of the entire Sea Star Line refrigerated container fleet to less than three years.   


Sea Star Line Announces Commercial Leadership Changes

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 Star’s 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


Sea Star Line Announces Rate Increases

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


U.S. DOJ: Guilty Plea in Price Fixing Case

DOJ.jpg

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, Boys & Girls Clubs Partner to Name Marlin Class Ships

Paola Dominguez with a rendering of the new Marlin Class ship. The Isla Bella will enter service in the 4th quarter of 2015. (Photo courtesy of Sea Star Line)

In June 2014, Sea Star Line partnered with the 11 clubs of the Boys & Girls Clubs of Puerto Rico in a contest to name the new liquefied natural gas (LNG) vessels which will be dedicated to the Puerto Rico trade by TOTE, Sea Star Line’s parent company. The Marlin Class vessels have attracted international attention as the first cargo ships in the world to run on natural gas. In addition to their improved environmental profile


Sea Star Assists Vessel Rescue

El Morro (Photo courtesy Sea Star Line)

While in transit from Jacksonville, Florida to San Juan, Puerto Rico, the crew of Sea Star Line’s El Morro vessel received distress calls from a small fishing vessel in the Atlantic Ocean. The fishing vessel was attempting to hail the U.S. Coast Guard’s Jacksonville Sector with no success due to a weak transmission signal. The crew of El Morro intercepted the communications from the fishing vessel and began relaying information to the U.S Coast Guard in Jacksonville.


TOTE Shifts Maritime Companies under Unified Brand

Photo: TOTE Maritime

U.S. Jones Act carrier TOTE announced it has shifted operating companies Totem Ocean Trailer Express and Sea Star Line, respectively serving the Alaskan and Puerto Rican/Caribbean markets. Going forward, the companies will be known collectively as TOTE Maritime. Sea Star Line has delivered goods to Puerto Rico for more than 30 years with twice weekly reliable service that is responsible for goods traveling from the U.S


Sea Star Line Appoint Tim Nolan Executive VP

Tim Nolan

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


DOJ: Former Liner President Guilty in Price-Fixing Conspiracy

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


Tug Newbuild Alcor Delivered to Navibulgar

Photo: Robert Allan Ltd.

On June 2, 2017, MTG-Dolphin Shipyard delivered to Navigation Maritime Bulgare (Navibulgar) JSC the tug Alcor, the first of three vessels in series built to the RAmparts 2700 design by Robert Allan Ltd.   The tug adds to the fleet of four tugboats in the Navibulgar fleet and is the first


Yinson Sells FPSO Stake in Ghana

Photo: Yinson Holdings

 Malayasia's Yinson Holdings has sold its26 percent stake in its floating production, storage and offloading (FPSO) unit in Ghana to a consortium of Japanese companies, The Star reported.   According to the heads of agreement (HoA) with the consortium


TMC Compressors Ordered for Star Cruises Newbuilds

Image: MV WERFTEN

Marine compressor supplier TMC Compressors said it has won a contract from shipbuilder MV WERFTEN to supply a complete compressed air system to two new cruise ships the German shipyard group is building for Genting Hong Kong’s Star Cruises.  


Crowley Vessels Earn Safety Awards

(Photo: Crowely)

Eighty-seven vessels owned or managed by Crowley Maritime Corporation recently received the Chamber of Shipping of America (CSA)’s annual Jones F. Devlin Awards in recognition of their 2016 safety records.   Each year, the CSA grants Devlin Award certificates to manned merchant


Maersk Container Launches Cold Chain Energy Meter

Image: Maersk Container Industry (MCI)

 Maersk Container Industry is introducing an energy meter with its Star Cool refrigerated containers. Star Cool refrigerated containers are now fitted with a new embedded digital feature that offers visibility and precise knowledge of actual energy consumption.  


Star Bulk Acquires Supramax

Photo: Star Bulk Carriers Corp

 Star Bulk Carriers, a global shipping company focusing on the transportation of dry bulk cargoes, has announced that it has entered into a definitive agreement to acquire a Supramax dry bulk carrier from an unaffiliated third party. 


Ethane Carrier GasChem Beluga Named

GasChem Beluga, pictured on the River Tees for its naming ceremony, is an eco-friendly sea vessel that will carry shipments of ethane gas from Houston in the U.S. to SABIC’s Olefins Cracker on Teesside. (Photo: SABIC)

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


Viking Ocean Cruises Extends Order at Fincantieri

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


Star Bulk Acquire Two Modern Kamsarmax Vessels

Photo: Star Bulk Carriers Corp.

 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


Star Bulk Awarded USCG Qualship 21 for 30 Vessels

Photo: Star Bulk

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.  


Cruise Shipping's Rising Star

(Photo: Genting Hong Kong)

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


Star Bulk Carriers Announces Private Placement

Photo: Star Bulk Carriers Corp.

 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


Fincantieri Delivers Viking Sky in Ancona

Viking Sky, the third of six cruise ships Viking Ocean Cruises has ordered (Photo: Fincantieri)

Viking Sky, the third of six cruise ships Viking Ocean Cruises has ordered from Fincantieri, has been delivered at the shipyard in Ancona. Viking Sky, as its sister ships, is placed in the small cruise ship segment. In fact, with a gross tonnage of about 47,800 tons


LNG Ferry Megastar Delivered to Tallink

Photo: Meyer Turku Shipyard

Finnish shipbuilder Meyer Turku Shipyard delivered the state-of-the-art LNG fast ferry Megastar to owner Tallink on January 24. The newly built ferry will begin plying the Helsinki-Tallinn route on January 29 as the most technologically advanced fast ferry in the Baltic Sea.  


Star Bulk Carriers Raises $51.5mln

Pic: Star Bulk Carriers Corp

 Star Bulk Carriers Corp announced the execution of agreements with affiliates of Oaktree Capital Management, L.P. and Senator Investment Group LP to sell Oaktree and Senator an aggregate of 6,310,272 of its common shares, at a purchase price of $8.154 per share.   






 
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