Horizon Lines Reaches Agreement with CSX
CHARLOTTE, NC, May 2, 2011 – Horizon Lines, Inc. (NYSE: HRZ) today announced that it has finalized an agreement with CSX Corporation to reduce charter payments on three vessels leased from CSX. Under the agreement, charter hire expense has been reduced by $3 million annually, retroactive to January 2011, through the January 2015 expiration of the charter. The agreement represents a total savings of $12 million for Horizon Lines over the remaining life of the charter. The three chartered vessels…
Konecranes Win Repeat CSX RTG & Reach Stacker Orders
Konecranes has received a repeat RTG order from transportation supplier CSX Intermodal Terminals in the US, comprising 4 Konecranes RTG's with an option for the supply of one more. Konecranes say that this is the second RTG delivery to CSX Intermodal Terminals as the previous order for three RTGs was placed in June last year. The recently ordered cranes will be delivered to two facilities operated by CSX Intermodal Terminals: three RTGs will be installed in Valleyfield, Canada, and one RTG in Chicago. All four cranes will be delivered before October 2014.
Konecranes Receive Another RTG Crane Order
In March 2014, Konecranes received another order for RTGs and reach stackers from transportation supplier CSX Intermodal Terminals, Inc. in the U.S. Four Konecranes RTGs will be delivered to two CSX Intermodal Terminals’ facilities in Chicago, Illinois, and two reach stackers to Charleston, South Carolina. All equipment will be delivered before March, 2015. The order has been included in Konecranes’ order intake for the first quarter 2014. CSX Intermodal Terminals, Inc., a subsidiary of CSX Corporation in Jacksonville…
ACL Announces New VP
American Commercial Lines Inc. announced the appointment of Michael P. Ryan as Senior Vice President Sales and Marketing. Mr. Ryan brings more than 24 years of combined experience in logistics sales, marketing and customer service. He spent approximately 20 years in sales and marketing positions of increasing responsibility while at Canadian National Railway Company and CSX Corporation, Inc. and was most recently Senior Vice President and General Manager of McCollister’s Transportation Systems. He has a Bachelor of Arts degree from State University of New York. Mr. Ryan replaces Mr. Martin Pepper who left to pursue other interests.
Port of Savannah, Increased Cargo Capacity
Governor Sonny Perdue announced the opening of the Chatham Intermodal Container Transfer Facility on Jan. 22 (ICTF) at the Georgia Ports Authority’s Garden City Terminal. The new facility features three working tracks at 2,145 ft each and a total of 12,406 ft of storage tracks. The Port of Savannah is the only single facility on the U.S. East Coast with two on-terminal ICTFs. Today, Governor Perdue drove the ceremonial last spike into the Chatham ICTF rail. “A thriving business climate requires a transportation network that can support commerce and act as a catalyst to propel our economy forward,” said Governor Perdue. The Port of Savannah’s two Class I rail providers offer unrestricted double-stack service with two- to five-day transit times to major hubs throughout the Midwest…
CSX Appoints Dimmling as Senior VP
CSX World Terminals announced the promotion of Arno H. F. Dimmling to senior vice president and chief operating officer for CSX World Terminals, effective immediately. In his new role, Dimmling will oversee CSX World Terminals' operating policies and procedures and will direct the management of line operations in Europe, the Americas, Australia and Korea. CSX World Crane Services, CSXWT Operations Consulting and Information Technology will also have direct accountability to Dimmling is his new position. “Dimmling is an accomplished leader in the marine transportation industry who has been a valuable member of the executive team since the inception of CSX World Terminals in December of 1999, serving as vice president and chief operating officer.
CSX Lines Launches an Independent Business and Systems Company
CSX Lines announced the formation of Horizon Services Group, created through the restructuring of the existing organization of CSX Lines. The Horizon system places the entire order-to-cash process online, creating a virtually paperless environment from booking to billing with new information available to all users as it is entered into the system. Utilizing the system, customers will be able to perform quickly and more efficiently a comprehensive array of critical "back-office" functions, including customer service, documentation, e-Business, IT, and other business operating processes. last quarter it reached a landmark of 50 percent of all shipper business booked online.
Arbitration Ordered In ECT-CSX Case
ECT expects the verdict in the arbitration case with CSX Corp. to be given in eight to fifteen months. ECT states that CSX, as the parent company of Sea-Land, broke the contract for the former Delta Sea-Land terminal and demands $180 million plus interest. Because the contract was according Dutch law, the Dutch Arbitration Institute in Rotterdam handles the case.
Sea Land acquired for $800M
The consolidation churn claimed its latest victim, as the A.P. Moller Group and CSX announced today that an agreement has been reached for A.P. Moller-Maersk Line to acquire Sea-Land Service, Inc.'s international liner business, including vessels, containers, related terminals and certain lease obligations for $800 million. Sea-Land currently operates about 70 containership and about 200,000 containers in its international trade. "The operation and management will be fully integrated, drawing on the best from both organizations," said Ib Kruse, partner of A.P. Moller. "Maersk-SeaLand will offer a wide range of services, unmatched in the industry, for the benefit of our customers worldwide. "Maersk is a terrific company that will become event stronger," said John W.
Ports America to Operate Intermodal Transfer Service
Ports America Chesapeake and CSX Intermodal Terminals today announced a new agreement designed to immediately enhance the competitiveness of the Port of Baltimore and position it to capture additional freight business through more efficient service. The new agreement transfers operational responsibility for the intermodal container service at the port from CSX Intermodal Terminals to Ports America Chesapeake, consolidating management of the operation and enhancing service through Ports America’s on-dock handling and operational expertise.
CSX Plans $272 Million Intermodal Rail Terminal in NC
Florida-based transportation giant CSX Corp. is planning a $272 million intermodal rail terminal in North Carolina serving the Raleigh region that it envisions as a major transportation hub to make the state’s ports more competitive. The major freight rail infrastructure project in the Triangle project will spur economic development and help position the region as a major transportation logistics hub, says the company. Wilmington could reap significant benefits if the intermodal freight rail hub is built in Johnston County, state transportation officials said Thursday.
CSX Lines Picks Ulysses
CSX Lines announced today its decision to deploy the Task Assistant™ Quality and Safety package from Ulysses Systems on all 17 vessels and in land-based offices. A detailed review of all major Safety Management Systems (SMS) available to the maritime industry found that Task Assistant was not only the most effective, but could also provide the most significant cost and time savings. "We chose Task Assistant primarily because of its potential to reduce confusion and help focus our crews on the critical, task-specific instructions contained in our Safety Management System," explains Michael Bohlman, Director Marine Services, CSX Lines. CSX Lines currently publish their SMS in pdf format.
Fire Disables Cargo Ship
The Coast Guard was ready to assist a 670-ft.- container ship after the vessel experienced an electrical fire Sunday evening. The CSX Expedition, transiting from Tacoma to Anchorage, experienced a switchboard fire leaving it disabled and adrift. The CSX Expedition is 180 miles southwest of Sitka and 140 miles from nearest land. None of the 27-crewmembers on board suffered any injuries. The ship is carrying general refrigerated cargo. The crew is actively working to repair the ship and sail again. If the crew can’t repair the ship, a commercial vessel will depart port today at 9 a.m. to tow the ship to shore. The Coast Guard cutter Maple, Air Station Sitka and Air Station Kodiak are standing by ready to assist the mariners if needed.
Koch to Receive “2006 Person of the Year” Honor
The NY/NJ Foreign Freight Forwarders and Brokers Association announced that Christopher Koch, president and CEO of the World Shipping Council, will be honored as “2006 Person of the Year” at their annual dinner to be held in New York on January 25, 2006. This recognition is given to someone who demonstrates commitment, contribution and achievement in the international trade, transportation and logistics arena. “We are most pleased to have Mr. Koch as our 2006 honoree,” said Stewart B. Hauser, president of the NY/NJ Foreign Freight Forwarders & Brokers Association. Christopher Koch serves as President and CEO of the World Shipping Council, a trade association representing the international liner shipping industry on public policy issues and public affairs.
CSX Expands Management Team for Pusan Container Project
CSX World Terminals LLC (CSXWT) announced the appointment of two key management positions for its Pusan, South Korea, container terminal development project. Gerard van den Heuvel has been appointed as director-operations and John M. Elliott has been hired as commercial director. Van den Heuvel began his new assignment in May 2004, and Elliott will begin his new role on July 19, 2004. Both will report to Rob Walker, CSXWT vice president-South Korea. In his new position, van den Heuvel will be responsible for development of the Pusan terminal and terminal operations once construction is complete. Van den Heuvel has more than 15 years of experience in terminal and vessel operations management.
Dumping "Dumb" Ships
BOURBON Corporation, like nearly every other player in the offshore oil and gas sector, is scrambling for its very existance as the dynamics in finding and producing energy from subsea plays have changed dramatically with the 4 year long global energy slump. While offshore activities remain depressed, companies like Bourbon are accelerating its transformation to meet the needs of the new reality in the market. "As the market cycle has bottomed out, BOURBON must focus more than ever on operational excellence, fleet utilization rates, cost reduction program and free cash flow preservation. However, we need to go even further, because market overcapacity is driving prices down sustainably and we believe that tomorrow will look very different from yesterday.
Horizon Lines Names Raymond As Chairman
Horizon Lines Inc., a container shipping and integrated logistic company, on Friday said its board of directors voted to appoint current President and Chief Executive Charles "Chuck" G. Raymond as the company's first chairman. Raymond will retain his current responsibilities. Raymond has served as president, CEO and as a director of Horizon Lines Inc. since July 2004, and of Horizon Lines LLC since February 2003. Before joining Horizon Lines, Raymond served as an executive officer at railroad operator CSX Corp.
Work Resumes at Port of Tacoma for Alaska Cargo
Following negotiations with International Longshore and Warehouse Union (ILWU) Local 23 and the Pacific Maritime Association (PMA), an agreement was reached allowing Tacoma longshore workers to load and discharge Alaska-bound domestic cargo ships. Approximately 70 percent of all commercial goods consumed in Alaska are shipped through Port of Tacoma terminals. The agreement allows Totem Ocean Trailer Express (TOTE) vessels to be discharged and loaded at the TOTE Terminal on the Blair Waterway. Also, CSX container ships will be discharged and loaded at the APM Terminal on the Sitcum Waterway.
Sea-Land Deal Boosts Moeller Shares
A.P. Moeller’s acquisition of CSX Corp.’s Sea-Land’s international shipping operations is reportedly positive for the group’s shares and future position in world shipping.
Sea-Land to be Split into Three Units
Sea-Land Services, the U.S.-based container shipping unit of CSX, will reportedly be split into three operating divisions - terminal, domestic shipping and international liner units. The split of divisions will most likely further fuel speculation the international unit would be sold to long time partner Maersk of Denmark's A.P. Moeller Group. The new structure should be in place within 60 to 90 days.
Maersk Cements Position As Leading Container Line With Takeover
A.P. Moeller's container line Maersk completed its $800 million takeover of U.S. CSX Corp.'s SeaLand container line, Moeller officials said. The acquisition cemented Maersk's position as the world's leading container line, with a fleet of some 250 vessels with a combined capacity of 600,000 teu. Analysts say Maersk-SeaLand is twice as big as world number two, Evergreen Marine Corp. Ltd. of Taiwan.
ECT Lays Claim On Sea-Land
ECT has put a claim on Sea-Land for breaking the terminal contract that would last until 2013. In the take over of SL by Maersk the terminal contracts were not included. MSL and ECT could not get to an agreement on a take over of the contract by the new combination. The Dutch transport paper Nieuwsblad Transport reports the claim is USD 180 million (plus interest) and being addressed to CSX which in its turn will pass it to MSL. Parties involved agree in arbitration.
SC Ports Authority Plans 2nd Inland Port Facility
The South Carolina Ports Authority announced plans to pursue a second inland port facility, driven by the success of Inland Port Greer and demand for enhanced efficiency of international container movements between the Port of Charleston and growing markets in South Carolina and North Carolina. "Inland Port Greer is one of SCPA's most successful investments, as the growth of intermodal container volume movement in our state and region requires appropriate facilities in the interior to ground loaded and empty containers and to leverage the efficiency and sustainability of rail transportation," SCPA president and CEO Jim Newsome said. "If it is feasible, an additional inland port will be a great diversification of our logistics footprint.