|
|
|
Horizon Lines hit with suit CHARLOTTE, NC — Horizon Lines, Inc. has announced that it has been named as a defendant in a securities class action lawsuit in the United States District Court for the District of Delaware purportedly on behalf of purchasers of the company's common stock during the period from March 2, 2007 through April 25, 2008. The Chief Executive Officer of the company, as well as several former employees of the company, were also named as defendants. The complaint alleges, among other things, that the company made material misstatements and omissions in connection with alleged price-fixing in the company's shipping business in Puerto Rico in violation of antitrust laws. The company is unable to predict the outcome of the lawsuit; however, Horizon Lines believes that it has appropriate disclosure practices and intends to vigorously defend against the lawsuit.
PDX noise committee PORTLAND — Portland International Airport Citizen Noise Advisory Committee will discuss WebTrak, a new community online flight tracking system and noise management tool, Thursday, Jan. 8. The committee will also discuss new initiatives for expanding community outreach, and the PDX Fly Quiet program. The public is invited to attend the meeting from 6-8 p.m. in the airport’s St. Helens Conference Room B. CNAC is the Port of Portland’s official forum for working with the public on issues related to airport noise. CNAC’s 15 representatives come from across northwest Oregon and southwest Washington. Eleven of CNAC’s members are appointed by various city and county jurisdictions; four representatives are appointed by the port to help maintain geographic diversity on the committee. Technical assistance is provided by the Federal Aviation Administration and the Oregon Air National Guard. All CNAC meetings include time for public comment. People with special needs attending the meeting are asked to contact the Port for accommodations at 503-460-4543. PDX is wheelchair accessible and located on the TriMet MAX light rail Red Line. Validated parking is also available.
Marcon ends year COUPEVILLE, WA — Shipbrokers Marcon International, Inc. of Coupeville, Washington ended up ringing the bell three separate times on the last day of 2008, in celebration of both a record year and an excellent last day. The first two rings celebrated the sales of a 2,400HP twin screw tug and a 150' x 50' ocean deck barge which closed on New Years Eve day, wrapping up a record 2008. As they were not in the office on New Year's Day, Marcon rang the bell a third time for the New Year starting out "right" on January 1, 2009 with delivery of the 11,500stdw, U.S. flagged, ocean barge "BB-110" (ex-ATC- 781) to Dixie Anne Barge, Inc. of Palatka, Florida on a lease-purchase. During 2008, Marcon International Inc. sold or chartered 69 vessels and barges, an average of just under one and a third vessels or barge per week. Sales of several additional vessels and barges are expected to be concluded within the next two weeks.
Gulf Navigation takes
delivery DUBAI, UAE — Gulf Navigation Holding PJSC has announced that it has taken delivery of the GULF DEFFI a newly built tanker constructed at the Hyundai Mipo Dockyard in Ulsan, South Korea, this delivery is the first of three tankers expected this year. Contracted at a cost of USD 55 million the vessel is the third in a series of four chemical carriers ordered by Gulf Navigation holding PJSC. The vessel after delivery will be handed over to International Shipping Company, a subsidiary of The Saudi Basic Industries Corporation (SABIC) on a 15 year time charter. This is the third delivered tanker of four vessels that will be chartered to SABIC for 15 years.
Cargill makes
donations MINNEAPOLIS, , MN — Cargill has announced it is making a $5 million donation to organizations dedicated to fighting hunger in communities where the company does business. Minnesota-based charities will receive more than $1 million of that contribution. In 2008, Cargill supported efforts in more than 50 countries with a record $44 million in contributions and $19 million in future commitments. Those efforts include partnerships with organizations such as CARE and the World Food Programme that focus on long-term solutions to health and nutrition, education and environmental issues. LETTER TO THE EDITOR: E-mail your thoughts and comments to the Editor about news and issues for publication in the newspaper. Give us your name, company and phone number. Phone number is not for publication. Just click this e-mail : dsnews@europa.com |
||||||||||||||||||||||||||||||
West Coast 