01-26-2018, 01:59 PM
From gcaptain.com:
TOTE’s Plan for New Hawaii Shipping Service Put on Indefinite Hold; Construction Suspended on Four Newbuilds at Philly Shipyard
U.S. shipping company TOTE is putting plans for a new Jones Act service between the U.S. mainland and Hawaii on hold due to complications in securing terminal space Honolulu.
As a result, TOTE says it will not move forward with its Letter of Intent with Philly Shipyard, which called for the construction of up to four containerships custom-built for the Hawaii trade.
In an emailed statement on Friday, TOTE said that its plans to enter the Hawaii service are on hold as a result of its Phase 1 technical review of Piers 1 and 2 in Honolulu Harbor.
“In September 2017, the Hawai’i Department of Transportation earmarked for TOTE access to Honolulu Piers 1 and 2 and exclusive use of the adjacent 45 acres beginning in 2020, to coincide with TOTE’s new service to Hawai’i. TOTE subsequently conducted a preliminary study of the site’s infrastructure which indicated that upgrades and improvements will be required to accommodate the new operations,” the statement said.
“Due to the scope and timing of the upgrades and improvements, TOTE will not renew the letter of intent (LOI) with Philly Shipyard that expires on January 31, 2018...”
The entire article can be read at:
http://gcaptain.com/totes-plan-for-new-h...t-on-hold/
TOTE’s Plan for New Hawaii Shipping Service Put on Indefinite Hold; Construction Suspended on Four Newbuilds at Philly Shipyard
U.S. shipping company TOTE is putting plans for a new Jones Act service between the U.S. mainland and Hawaii on hold due to complications in securing terminal space Honolulu.
As a result, TOTE says it will not move forward with its Letter of Intent with Philly Shipyard, which called for the construction of up to four containerships custom-built for the Hawaii trade.
In an emailed statement on Friday, TOTE said that its plans to enter the Hawaii service are on hold as a result of its Phase 1 technical review of Piers 1 and 2 in Honolulu Harbor.
“In September 2017, the Hawai’i Department of Transportation earmarked for TOTE access to Honolulu Piers 1 and 2 and exclusive use of the adjacent 45 acres beginning in 2020, to coincide with TOTE’s new service to Hawai’i. TOTE subsequently conducted a preliminary study of the site’s infrastructure which indicated that upgrades and improvements will be required to accommodate the new operations,” the statement said.
“Due to the scope and timing of the upgrades and improvements, TOTE will not renew the letter of intent (LOI) with Philly Shipyard that expires on January 31, 2018...”
The entire article can be read at:
http://gcaptain.com/totes-plan-for-new-h...t-on-hold/