The following is a statement issued by Horizon Lines Inc. and APM Terminals:
(HOUSTON) — Horizon Lines, Inc. (NYSE:HRZ – News), and APM Terminals today issued the following statement: The Horizon Challenger experienced an unfortunate incident while docking at the APM Terminals facility in Houston on April 15, 2011. After being released by the tug, the vessel clipped the dock and damaged an APM Terminals crane.
APM Terminals and Horizon Lines amicably and very quickly resolved the damage issue as part of a normal process that modestly delayed the ship’s departure for San Juan, Puerto Rico. The Challenger is currently expected to arrive in San Juan on schedule.
APM Terminals and Horizon Lines jointly regret any inconvenience this might have caused to Horizon customers.
About Horizon Lines
Horizon Lines, Inc., is the nation’s leading domestic ocean shipping and integrated logistics company. The company owns or leases a fleet of 20 U.S.-flag containerships and operates five port terminals linking the continental United States with Alaska, Hawaii, Guam, Micronesia, and Puerto Rico. The company provides express trans-Pacific service between the U.S. West Coast and the ports of Ningbo and Shanghai in China, manages a domestic and overseas service partner network and provides integrated, reliable and cost competitive logistics solutions. Horizon Lines, Inc., is based in Charlotte, NC, and trades on the New York Stock Exchange under the ticker symbol HRZ.