Lykes News

In response to increased awareness of the prevalence of sexual assault and sexual harassment (SASH) in the maritime industry — and following a widely reported account by a U.S. Merchant Marine Academy cadet of sexual assault aboard a U.S.-flagged ship during her Sea Year training — Congress enacted into law the Safer Seas Act (SSA) in December 2022.Intended as a direct effort to prevent and punish SASH, the SSA, among other provisions:Requires the U.S. Coast Guard (USCG) to revoke the license…

The Panama Canal is a strategic crossroads for maritime traffic, and is arguably one of the most important maritime developments in the past century. Here we take a deeper dive into the history behind that famous strip of waterway.The present canal, which saw its first vessel transits in 1914, along with possible alternatives through Nicaragua and Mexico, had actually been on the minds of merchants, explorers and military/political strategists since the Age of Exploration in early 1500’s.

Vessel owners rarely carry cargo for their own account. More commonly by far, a vessel owner will charter its vessel to another party to carry their (or their sub-charterer’s) cargo. The contracts can vary widely – from voyage charters or contracts of affreightment to time charters to negotiable bills of lading (not to mention the more complex arrangements that one often sees for container cargos). But in most instances, vessel owners are in the business of transporting cargo on behalf of others and, all going well, of being paid to do so.

Maritime Administration Executive Director Joel Szabat joined federal, state and local officials and environmental groups to mark the completion of an agreement to remove 57 non-retention vessels from the Suisun Bay Reserve Fleet (SBRF) by September 30, 2017. The departure of the Cape Borda for recycling reaches the milestone two months ahead of schedule. “Our progress in Suisun Bay is the result of hard work and smart collaboration,” said the Maritime Administration’s Executive Director Joel Szabat. “There is perhaps no greater symbol of the maritime industry’s environmental progress than what has been accomplished here. In 2009, MARAD entered an agreement with local officials and environmental groups to expedite disposal of 57 non-retention SBRF vessels…

MOL has announced the following organizational changes which will take effect in August 2013. These changes will further build the MOL organization as one that customers and employees can continue to count on. Calvin Duffaut, assistant vice president, yield management and corporate communications for MOL (America) Inc. has been promoted to vice president, yield management of MOL Liner and will relocate to Hong Kong. Duffaut joined MOL in 2007 after many years of management experience in trade management, pricing and logistics with Pacer Stacktrain Ltd., American President Lines, and Lykes Bros. Steamship Inc. Duffaut holds an undergraduate degree from Yale University. He will report to Jotaro Tamura, senior vice president, liner yield management, equipment management and network operation.

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 experience in the ocean transportation industry.” said Peter Keller, Sea Star Line President. Prior to joining Sea Star Line, Taylor held sales and leadership positions with international carriers, CAST, Lykes Lines and CP Ships. Taylor most recently was responsible for managing Tropical Shipping’s Eastern Caribbean service. Mr.

CMA CGM (America) LLC, the U.S. entity of CMA CGM Group announced the membership of its executive management team that leads the company’s U.S. operations. The executive team is responsible for developing and implementing new strategies to address the evolving transportation industry, and growing the company’s international cargo volumes to historic levels despite a highly competitive marketplace. Frank J. President – Mr. Baragona has a 30-year proven successful management record in the global containerized shipping industry. In less than four years as president, he has transformed the organization’s effectiveness and driven the exponential growth the company has seen since 2004.

CP Ships, one of the world's top ten container shipping companies, has reached agreement with Dannebrog of Denmark to acquire Caribbean/Latin American market specialist Nordana Line. The acquisition includes Nordana's business and services and its 10,000 teu container fleet. roll-on/roll-off ships owned by Dannebrog and the sub-charter of three chartered-in ships. commented Chief Executive Officer Ray Miles. Nordana operates three services with a total annual volume of about 50,000 teu. and the Mediterranean. A third service operates between the US/Central America and North Coast South America in co-operation already with the CP Ships brands, Lykes Lines and TMM Lines. CP Ships first entered Latin American markets with its 1997 acquisition of Contship Containerlines. Latin America.

Steven R. York/New Jersey Foreign Freight Forwarders and Brokers Association, Inc. Marriott Marquis Hotel in New York on January 28, 2004. excess of 1,500 people each year. which he began on August 12, 2002. Mr. international transportation industry. International Terminals, Inc. Lykes Brothers Steamship Co., Inc. Crowley Delta Lines. Mr. and service contract use and publication and liner operations. Hauser, Association President. guides our industry. shaping trade in our country," he added.

ship management company for the Delaware Bay and the Chesapeake Bay. The first of the two vessels, the Delaware Bay entered into MTC hands through its ship management company, Marine Transport Management, Inc. (MTM) at midnight on Thursday, July 1. Its sister vessel, the Chesapeake Bay will follow on July 22. Newark, New Jersey. The vessels are owned by First American Bulk Carriers Corporation and are on time charter to Royal P&O Nedlloyd. Each of the U.S. Flag container vessels has a 2,400 TEU capacity and is enrolled in the Maritime Security Program (MSP). Both call U.S ports in Newark, New Jersey; Norfolk, Virginia and Charleston, South Carolina and Eastern Mediterranean ports in Italy, Israel, Turkey and Egypt. MTM currently operates five other U.S.

CP Ships and its partners in the Grand Alliance have reached agreement with Cosco, K Line and Yang Ming to form the Atlantic Space Charter Agreement. As a result of the agreement, which is subject to regulatory review both in the U.S. and EU, one weekly string of five ships with 2,000-teu capacity will be withdrawn by Cosco, K Line and Yang Ming; the agreement is expected to be activated sometime during the second quarter. CP Ships is represented in the agreement by its Lykes Lines and TMM Lines brands. Since October 2000 it has been operating five joint weekly services in the US East Coast/Gulf-North Europe trades with the Grand Alliance.

Slovenian shipping firm Intereuropa and port operator Luka Koper canceled a planned merger because the government was demanding the right to veto any management decisions in the new firm. The two companies had planned to merge on July 1. The state owns 51 percent of Luka, while Intereuropa is privately owned. The state's equity in the new company would have been 35.7 percent. "There will be no merger under such conditions where the government would have the right to veto practically every management decision," Radovan Vrabec, Intereuropa's deputy chief executive, said. He said the two companies would be ready to continue merger talks if the government eased its demands. Vrabec said the two firms would not suffer short-term damage due to the failure of the merger.

CP Ships has taken the next step in its major fleet re-building program by signing a contract with China Shipbuilding Corporation of Taiwan for the construction of five geared 3,200 TEU containerships. They are designed to be employed in CP Ships' South American services. Delivery of the newbuildings will take place between mid-2002 and early 2003. The ships will measure 243 m long by 32.2 m wide, and will be equipped with 400 reefer plugs and operate at a service speed of 22.5 knots. Several containerships built by China Shipbuilding Corp already serve in the CP Ships fleet. With the China Shipbuilding contract, CP Ships has passed the half-way point in a series of retonnaging commitments…

Three new carrier groups now control 58% of the total capacity in the transatlantic container trade, according to World Liner Supply, a new quarterly report from the compairdata.com on-line shipping database. The fourth quarter 2000 issue of World Liner Supply shows that the merger of services and the combination of smaller carrier groups has led to a substantially higher market concentration in the North America/northern Europe container trade. In July, the three largest groups of transatlantic carriers (Grand Alliance, Maersk Sealand and Canada Maritime/Cast/OOCL) controlled 44% of the total trade capacity. As of this month, the three biggest carrier groups (Grand Alliance/Lykes/TMM…

CP Ships has signed an agreement with FastShip to assume commercial and marketing management for FastShip's TransAtlantic services. London-based CP Ships is the TransAtlantic's largest container service operator with twelve separate loops, and the seventh largest world-wide. FastShip, headquartered in Philadelphia, is creating a high-speed Transatlantic transport network. allow for pooling opportunities between FastShip and CP Ships. CP Ships is also taking a small equity position in FastShip. "We see FastShip as a complement to our existing range of TransAtlantic services. By including FastShip as another strong brand among our service offerings we will be able to provide a competitive advantage to customers who require high-speed transport that is less costly than air freight…

CP Ships has signed a slot charter agreement with CMA CGM that will enable it to enter the trade between Europe and Asia. The two-year agreement starts in March and by the end of the year the slot charter will reach 1,500 TEU per week in each direction. It will cover CMA CGM's three fixed-day weekly services, French Asia Line, North China Express and Mediterranean Express. Ray Miles, CEO of CP Ships said, "We have been seeking a cost-effective entry into the Europe-Asia trade. In CMA CGM, we have a strong partner with a fine reputation and a well-run service. This co-operation offers an excellent opportunity to build our presence." Jacques Saadé, Chairman of Holding CMA-CGM said, "Over the last few years, we have developed a strong strategic partnership with CP Ships.

Bender Shipbuilding & Repair of Mobile, Ala., has been awarded the conversion of the 400 x 102 ft. Sea Sorceress. The barge, which will be converted from a manned fuel barge to a DP-II construction barge for Cal Dive International of Houston, Texas, will receive eight 850 kW retractable Z drives. These drives will be powered by four Wärtsilä generators providing 6.6kV of power. A new engine room on the dynamically positioned barge will be used for the vessel's main source of power, as well as ancillary equipment. A 31 x 102 ft. (9.4 x 31 m) stern piece will be removed and replaced by a new stern housing for four of the thrusters - the other four will be positioned forward in the bow.

Ships Limited has taken delivery of the 3200 teu Lykes Ranger. It is the first in a series of new geared containerships being built under the company's $800 million ship replacement program and was delivered on schedule by China Shipbuilding Corporation in Kaohsiung, Taiwan. Lykes Ranger entered service on 20th June in Hong Kong to begin deployment in the Asia-Americas trade lane, where CP Ships has two twice- weekly services under the Lykes Lines and TMM Lines brands. It replaces the 3000 teu Hyundai Pioneer, which had been deployed on a short-term charter basis. With four sister ships also built by China Shipbuilding scheduled for deployment in the Asia-Americas trade lane by early 2003, customers will benefit from greater fleet uniformity and improved consistency and flexibility.

CP Ships Limited announced an unaudited operating income for second quarter 2002 of $21 million. This was $18 million lower than the same period last year, but a $27 million improvement from the $6 million operating loss in first quarter 2002. Net income for the second quarter 2002 was $16 million compared to $35 million in the same period in 2001 and basic earnings per share was 20 cents compared with 40 cents. "Given difficult market conditions, which lead many of our competitors to sustain losses, we consider our second quarter $21 million operating income to be an excellent result," said CP Ships' CEO Ray Miles. Volume at 498,000 teu, a record for the second quarter, was up 6 percent from the same period last year.

Security Program for ten years beginning 1st October 2005. under US flag. total $145 million. The five ships will operate on the TransAtlantic. could be made available in times of war or national emergency. participation in MSP. September 2004.

The U.S. Court of Appeals for the Fifth Circuit ruled that a ship owner must perfect a cargo lien arising under a charter party before the cargo owner pays its freight. In the instant case, the cargo owner contracted with a middleman for the transport of various shipping containers. The middleman chartered a ship owned by defendant. The cargo owner paid the middleman, who neglected to pay the ship owner. The ship owner asserted a lien on the cargo. The court held that, in order to enforce a lien on cargo carried under a charter, the ship owner must perfect the lien by providing actual notice to the cargo owner before the cargo owner has paid under its bill of lading. Lykes Lines Limited v. M/V BBC SEALAND, No. 04-20057 (5th Cir.) (HK Law)

CP Ships Limited today announced that one year after launching fortnightly service between Asia and Australia, it plans to double the frequency to weekly through a vessel sharing agreement with Yantai Marine (SYMS). "The agreement with Yantai Marine enables us to build on the success of our first Asia-Australia service efficiently, without adding additional tonnage of our own," commented Juan Manuel Gonzalez, Executive Vice President. Start-up of the joint service is expected in early August with CP Ships and Yantai Marine each contributing two 1700 teu ships. The port rotation will be Chiwan, Hong Kong, Ningbo, Shanghai, Sydney, Brisbane with connections to CP Ships networks in Asia. At 11 days, the transit time between Shanghai and Sydney will be one of the fastest available.

deployed in its US East Coast-Indian Sub-Continent service. Kanha and Corbett. coming in early January 2006. costly short-term chartered ships. "We have been looking forward to the first of our new ships. service more efficiently. 2003," said Juan Manuel Gonzalez, Executive Vice President. and are currently under construction at Samsung Heavy Industries in Korea. and one in second quarter 2007. Their deployment has not yet been finalized. total to 21 by April 2007. workhorses of our fleet. they arise because of changes in trade demand," Mr Gonzalez added. of a vessel sharing agreement with two other carriers. Colombo, Nhava Sheva, Suez Canal, New York. completes its adoption of a single brand.