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Wednesday, November 20, 2019

The Pasha Group News

(Photo: Hawaii Stevedores, Inc.)

Hawai‘i Breaks Ground for Kapalama Box Terminal

Hawai‘i Gov. David Ige and the Hawai‘i Department of Transportation (HDOT) Harbors Division broke ground for the Kapālama Container Terminal project, the largest capital improvement project in the history of the state’s commercial harbor system. “In four years we’ll have a new state-of-the-art cargo facility that will allow us to consolidate cargo operations, enhance operational efficiencies and improve cargo handling capacity,” Gov. Ige said. The Kapālama Container Terminal (KCT) will serve as the future Honolulu terminal for Hawaii Stevedores, Inc.

© Claude Beaubien / Adobe Stock

Hawaii Stevedores Commits Kapalama Container Terminal

Honolulu-based Hawaii Stevedores, Inc. has received confirmation from Hawaii State Department of Transportation (HDOT) that, together with the state, Hawaii Stevedores will continue the joint development of the Kapalama Container Terminal (KCT). The state has confirmed its commitment for Hawaii Stevedores to lease the new 84-acre, state-of-the-art KCT, which will be constructed at the former Kapalama Military Reserve Terminal at Sand Island in Honolulu, as part of the state’s $448 million harbors modernization plan.

Image: Keppel Offshore & Marine

Keppel AmFELS to Build Two LNG Fueled Containerships

Keppel AmFELS, a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) in the United States (US), has secured a contract worth more than US$400m from Honolulu-based Pasha Hawaii for the construction of two Liquefied Natural Gas (LNG) fueled containerships. The dual fuel LNG vessels will be built to Keppel's proprietary design with delivery of the first vessel expected in 1Q 2020, and the second vessel in 3Q 2020. Simon Lee, President of Keppel AmFELS said, "We are pleased that Pasha has chosen us to build their first two LNG fueled containerships to our innovative design.

(Photo: Pasha)

Pasha to Boost Vehicle Imports at Grays Harbor

Pasha Automotive Services to process FCA US imports via Lázaro Cárdenas to Port of Grays Harbor, Wash. Pasha Automotive Services said it will provide a new volume of port-processing services at its Port of Grays Harbor facility in Washington for FCA US LLC, a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies, for vehicles shipping short sea from Mexico beginning this summer. “Pasha’s Grays Harbor location offers exceptional connectivity, combined with specialized vehicle-processing services,” said Penny Eubanks, general manager.

A rendering of one of Pasha's planned LNG fueled containerships. (CREDIT: Pasha)

Pasha Hawaii Taps Keppel Fels to Build LNG-Fueled Boxships

Delivery of First Vessel Planned for Early 2020. Honolulu-based Pasha Hawaii today announced that the company has selected Keppel AmFELS in Brownsville, TX, a subsidiary of Keppel Offshore & Marine (Keppel O&M) for the construction of two new Liquefied Natural Gas (LNG) fueled containerships, with the option to order two additional vessels. Pasha Hawaii is in the process of finalizing contract specifications. The new U.S. Jones Act vessels will carry 2,525 TEUs, including a fully laden capacity of 500 45-foot containers…

Photo: Matson

Matson Pumps $30 Million into Alaska Operations

Ocean cargo shipper Matson, Inc. said it is moving quickly to fund improvements in its new Alaska operations following its May 29 acquisition of Horizon Lines' Alaska services. The company expects to invest more than $30 million in new equipment planned by Horizon prior to its acquisition. According to the shipper, equipment upgrades to be made over the next three months include 2,000 new standard 40-foot dry containers for general cargo, a new 65-ton gantry crane for Kodiak Terminal…

Port of Los Angeles

Los Angeles Unveils Plans for Faster Cargo Flow

A new program that expedites cargo by streamlining container moves is speeding up operations at the Port of Los Angeles. Launched February 25, the "Peel Off" Program has added a new operational model to the Port to clear the current backlog of containers and improve the flow of cargo going forward. "We have found an efficient way to get containers to their destination that is beginning to pay off," said Port of Los Angeles Executive Director Gene Seroka. “We’re acting on our pledge to our customers to harmonize the supply chain and make it work better.

Matson To Acquire Horizon's Alaska Operations

The transaction has the value of $0.72 Per Common Share Plus Repayment of Debt; acquisition Accretive to Matson's Earnings and Cash Flow. Separately Horizon to Sell Hawaii Operations to Pasha and Terminate Puerto Rico Operations. A Matson Investor Conference Call has been acheduled for 5:00 PM Eastern Time today. Matson, Inc. (NYSE: MATX) and Horizon Lines, Inc. (OTCQB: HRZL) today announced that they have entered into a definitive merger agreement pursuant to which Matson will acquire the stock of Horizon…

Kurt Nagle, AAPA's president and CEO

Workshop to Cover Infrastructure Development Challenges

Sponsored by the American Association of Port Authorities and hosted by the Unified Port of San Diego, a workshop examining port-related economic development programs, analyzing solutions to development/funding challenges and quantifying results will be held Feb. 20-21, 2014 (Day 1, 8:00 a.m. -5:00 p.m.; Day 2, 8:30 a.m.-12:30 noon) at the Hilton San Diego Bayfront, 1 Park Boulevard, San Diego, Calif. Among the key topics on the minds of Western Hemisphere port development…