Search results for: Horizon Lines LLC

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  • 12 March 2014
    Business & Finance

    Sea Star Line LLC and Horizon Lines LLC have agreed to resolve allegations that they violated the False Claims Act by fixing the price of government cargo transportation contracts between the continental United States and Puerto Rico. Under the settlement agreements, Sea Star Line has agreed to pay $1.9 million, and Horizon Lines has agreed […]

  • 27 August 2009

    Recently, International Maritime Security Network, LLC conducted their first phase testing of the originally designed, non-lethal Triton Shield Anti-Piracy System (APS). Horizon Lines, LLC, a US flagged container ship operator serving US domestic routes and Asia, offered their resources and assets to the project. Aboard the container vessel HORIZON CRUSADER, IMSN conducted APS system tests […]

  • 12 April 2006

    Horizon Lines, LLC, has closed the definitive long-term charters and related agreements with Ship Finance International Limited and its subsidiaries to lease five newly-built, U.S.-flag container vessels. The subsidiaries of Ship Finance will acquire the vessels from third parties for a sum of approximately $280 million.

  • 29 May 2008

    CHARLOTTE, North Carolina, May 28, 2008 – Horizon Lines, Inc. (NYSE: HRZ) announced today that it has placed six employees involved in the Puerto Rico trade lane on administrative leave as a result of management’s review of issues raised by the Department of Justice investigation of pricing practices of certain domestic ocean carriers. Two of […]

  • 8 August 2008

    SAN JUAN, Puerto Rico, August 6, 2008 – Horizon Lines, Inc., (NYSE:HRZ), the nation’s leading domestic ocean shipping and integrated logistics company, yesterday celebrated 50 years of service in Puerto Rico at an event for customers, vendors, labor leaders, government officials and staff held at the company’s San Juan marine terminal. Speakers at the ceremony […]

  • 30 January 2012
    Business & Finance

    Horizon Lines, Inc. announced that its Horizon Lines, LLC operating subsidiary has entered into an agreement with the U.S. Department of Justice, under which the ocean cargo carrier will plead guilty to two counts of providing federal authorities with false vessel oil record-keeping entries on a containership in the U.S. West Coast-Hawaii service. Under the […]

  • 17 June 2011
    Business & Finance

      Horizon Lines, Inc., the nation’s leading domestic ocean shipping company, today announced that Ali Behruz Nikkhoo has been named Vice President and General Manager, Hawaii, for the company’s Horizon Lines, LLC operating subsidiary. Mr. Nikkhoo, a seasoned veteran with three decades of experience, will report to Brian Taylor, Executive Vice President, Chief Operating Officer […]

  • 10 April 2012
    Business & Finance

    Ship Finance International Limited, today announced that it has agreed to terminate chartering agreements with Horizon Lines, LLC (“Horizon Lines”) relating to five of its vessels. Ship Finance will receive as termination compensation $40 million in second lien notes issued by Horizon Lines and warrants exercisable into ten percent of the common stock of Horizon […]

  • 23 April 2015
    Business & Finance

    The U.S. Department of Justice (DOJ) has cleared the Pasha Group’s acquisition of the Hawaii trade-lane business of Horizon Lines, Inc. (Horizon). The Pasha Group said that the clearance paves the way for an anticipated final closing before the end of the second quarter. U.S. ocean cargo carrier Horizon entered into definitive agreement for the […]

  • 31 May 2015
    Business & Finance

    The US ocean cargo carrier Horizon Lines has completed the previously announced sales of its Alaska operations to Matson Inc. for USD 469 million, and its Hawaii trade lane assets to The Pasha Group for USD 141.5 million.    Matson acquired the stock of Horizon for USD 0.72 per fully diluted common share, or USD 69 million, and repaid […]

  • 1 June 2015
    Business & Finance

    Crowley Maritime Corp.’s global ship management group has inked a contract with Sunrise Operations LLC, a subsidiary of The Pasha Group, of San Rafael, Calif., for the operation, crewing and maintenance of four Jones Act ships operating between the US West Coast and Hawaii. The news follows the recent announcement that Pasha Hawaii, a wholly owned […]

  • 22 March 2013

    Roc Oil (China) Company, a wholly owned subsidiary of ROC, advises that following the successful installation, hook-up and commissioning of offshore facilities for the Beibu Gulf Project, first production has been achieved from two development wells, A5H and A2, on the WZ 6-12 wellhead platform. Both onshore and offshore construction and drilling activities have been undertaken safely […]

  • 12 August 2016
    Business & Finance

    On Wednesday, August 3, the first of a new class of “Neo-Panamax” shipping vessels called the Port of Philadelphia to begin a new phase of transport along the Delaware River.  The MSC Sofia Celeste, an 8,800 TEU (Twenty-foot Equivalent Unit) vessel operated by the Mediterranean Shipping Company, docked at the Packer Avenue Marine Terminal in […]

  • 10 June 2009

    Iridium Satellite LLC (Iridium) announces that the U.S. Naval Surface Warfare Center, Dahlgren has awarded one of its subsidiaries a $21,688,808 indefinite-delivery indefinite-quantity cost-type contract to support development and delivery of the Distributed Tactical Communications System (DTCS). DTCS is an extension of “Netted Iridium,” the company’s push-to-talk communications capability. DTCS will provide over-the-horizon, on-the-move, beyond […]

  • 14 March 2016

    Horizon Geosciences has recently used its 200kN Seabed CPT system to complete a geotechnical site investigation for Vattenfall’s 400MW Horns Rev 3 offshore wind farm in the Danish part of the North Sea.   Horizon’s scope of work centered around turbine locations and infield cable routes. The programme of work included downhole sampling and CPT testing, seismic CPT […]

  • 7 November 2010

    Dockwise Ltd. announces that its Board of Directors has approved the commissioning of a newbuild vessel to serve the emerging demand for ocean transports of up to and above 100,000 metric tons. The decision is subject to approval by a Special General Meeting of shareholders to authorize the proposed USD 100 million rights issue to […]

  • 8 November 2017
    Business & Finance

    Carnival Cruise Line’s newest ship, the 133,500-ton Carnival Horizon, completed its final sea trials in the Adriatic Sea earlier this week in anticipation of its inaugural cruise in April 2018. Currently in the final stages of construction at the Fincantieri shipyard in Marghera, Italy, the 3,974-passenger vessel had a full contingent of officers, technicians and […]

  • 22 May 2014

      Exxon Mobil Corporation has executed an agreement to add nearly 26,000 acres to its U.S. oil and natural gas portfolio managed by subsidiary XTO Energy Inc., through a non-monetary exchange with LINN Energy, LLC. Virtually all of the acreage is located within the portion of the Midland Basin that is most prospective for horizontal […]

  • 16 January 2014
    Business & Finance

    Horizon Survey and Geotechnical Companies (Horizon) announce the delivery of their new build DP2 Geotechnical Drillship, ‘Quest Horizon’. The 65m vessel was commissioned and designed specifically to support Horizon’s geotechnical drilling projects. The ‘Quest Horizon’ can also be utilised for survey, ROV and light construction activities. The vessel is currently located in the United Arab […]

  • 18 June 2013

    Horizon, working with the Western Australia office of Horizon Motor Yacht Australia, has just signed a build order for the Horizon RP110 raised-pilothouse motoryacht. The order is the result of a one-day visit to the Horizon shipyard, where the client toured through Horizon’s four facilities and reviewed the specifications, drawings and details for a new […]

  • 17 January 2014
    Business & Finance

    Horizon Survey and Geotechnical Companies (Horizon) announced the delivery of their new build DP2 Geotechnical Drill Ship, ‘Quest Horizon’. The 65m vessel was commissioned and designed specifically to support Horizon’s geotechnical drilling projects. The ‘Quest Horizon’ can also be utilised for survey, ROV and light construction activities. The vessel is currently located in the United […]

  • 16 January 2014

    Horizon Survey and Geotechnical Companies (Horizon) has taken delivery of a new build DP2 Geotechnical Drillship, ‘Quest Horizon’. The 65m vessel was commissioned and designed specifically to support Horizon’s geotechnical drilling projects. The ‘Quest Horizon’ can also be utilised for survey, ROV and light construction activities. The vessel is currently located in the United Arab […]