Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

TOTE to start shipping service from Hawaii to mainland, compete with Matson and Pasha

From the Star Advertiser:

The parent company of interisland cargo carrier Young Brothers Ltd. intends to launch a new shipping service between the mainland and Hawaii that would go head-to-head with two existing competitors, Matson and Pasha, that bring the vast majority of goods to the state.

Tote Maritime, a subsidiary of Young Brothers owner […]

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USCG Board Questions TOTE Executives on El Faro

Excerpts from Maritime Executive:

On Wednesday, the U.S. Coast Guard Marine Board of Investigation for the loss of the El Faro continued its inquiry with questions for her operator’s management team on the firm’s safety, weather routing and personnel policies.

The first testimony of the day came from Rear Admiral Philip Greene, Jr. (retired), president […]

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Innovative new tug for Foss Maritime

The tug is built to ice class DO with the hull designed specifically for polar waters and reinforced to maneuver in ice.

Seattle based Foss Maritime have christened the first of three Arctic Class tugs designed for operation in extreme conditions and now ready for its first job, an oil industry tow from South Korea […]

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TOTE secures financing for Marlin Class LNG vessels

The US Maritime Administration (MARAD) has announced a US$ 324.6 million loan guarantee for TOTE Shipholdings and Saltchuk Resources for their Marlin Class vessels.

The two new Marlin Class vessels, the world’s first LNG powered containerships, will serve the Puerto Rico trade and will be complete in 2015 and 2016.

This financing is made available […]

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Cargo, capacity and consolidation: Q&A relating to the Top 40 carrier rankings

The Journal of Commerce tackles the following questions about “how the landscape is changing”:

How can we measure the two pending carrier acquisitions in terms of U.S. trade? How big are the carriers in the P3 Network in terms of overall U.S. trade? How big was U.S. trade in 2013? How big is the global […]

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Foss gains site in Everett, two tugs on Columbia

Foss Maritime made two big announcements this week. Click on the headlines to read the full articles:

Foss Maritime parent firm buys K-C site in Everett:

Kimberly-Clark Corp. has agreed to sell the site of its former waterfront mill to the Seattle-based parent company for Foss Maritime Co. Under the plan, some 250 skilled maritime […]

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Foss Maritime to buy Everett property, move 250 Seattle jobs there

Saltchuk, the parent company of the Foss Maritime tug and barge company in Seattle, announced Wednesday it is buying a 66-acre property on the Everett waterfront, formerly Kimberly-Clark’s pulp mill and tissue plant, and will relocate about 250 skilled jobs there from Foss’ current location along Seattle’s Ship Canal.

Mark Tabbutt, chairman of Saltchuk. “We […]

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