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.
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.
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 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
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 Stars 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
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
Tidewater Inc. (NYSE:TDW) announced on March 28 that William C. O'Malley, the company's Chairman, President and CEO for most of the past eight years, has officially stepped down as Tidewater's CEO, handing over the reins of leadership to Dean E. Taylor. Taylor, 53, has served as President of Tidewater since October 2001 when O'Malley, 65, announced his impending retirement at the end of March 2002. Taylor's career with Tidewater started in 1978 where he served as an assistant manager in the
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
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.
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
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
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
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.
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
MAN Diesel & Turbo and MV Werften have concluded a contract to equip two Global Class cruise ships for Star Cruises. With a registered tonnage (RT) of 200,000 tons each, the ships will be some of the largest on the market and will each be equipped with six type 48/60CR engines with a
As Cruiseport Boston closes out its successful 2016 season, 2017 is already shaping up to be a record year with 151 calls scheduled for next cruise season. The 2016 season saw 115 calls by a record 32 unique ships with ten maiden calls to the port
On November 11 the first vessel of the new ECO STAR 36k type, GasChem Beluga, was delivered to the owners Ocean Yield ASA in China. The design for this new type of vessel was developed under the lead of German ship owner Hartmann Reederei together with its long-term partners HB Hunte Engineering
Carnival to Sponsor ‘The New Celebrity Apprentice’ Carnival Corporation & plc announced it will sponsor the two-part finale of the upcoming season of NBC’s “The New Celebrity Apprentice” airing next year on February 6 and 13
The popular five-star expedition ship, the MS HANSEATIC is set to remain in the Hapag-Lloyd Cruises fleet for six more months, until the end of September 2018. The first of the Germany-based cruise provider’s two new expedition ships will be launching in April 2019
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.
ABB will supply the complete power, propulsion and automation package for a series of new cruise vessels being built by MV WERFTEN for Genting Hong Kong brands Crystal Cruises and Star Cruises. The three Crystal Cruises’ luxury “Endeavor Class” mega-yachts will feature a
The crew of the Coast Guard Cutter Polar Star arrived at the National Science Foundation’s McMurdo Station Tuesday after cutting a resupply channel through more than 60 miles of Antarctic ice in the Ross Sea. By carving a navigable path through seasonal and multi-year ice
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.
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.
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