A proposed marine shipping buyout of Northland Services by Lynden Inc. is one step closer to approval.
Though the two companies have third party competition elsewhere, Northland and Lynden subsidiary Alaska Marine Lines handle virtually all commercial marine shipping in Southeast. If they merged as-is, Lynden would have an illegal monopoly in Southeast, according to the Department of Law.
The department’s lawyers have filed a plan in court that would leave Southeast Alaska with two competing carriers, but their operations would be intertwined.
The plan requires AML to assist Sitka-based Samson Tug and Barge with an expansion into Southeast. The specifics are confidential, but Samson would buy assets from AML, lease space aboard AML barges, have a guaranteed barge charter from AML during peak shipping seasons, and have the option to rent AML terminal facilities and storage in Southeast and in Seattle.
The filing opened a comment period that ends Sept. 27. After that, a superior court judge in Anchorage must decide if the deal can go forward.
- "We’re all expecting to see this fiscal contraction and a reduction in economic indicators. But the reality is that what’s going on at the state level hasn’t hit the communities yet. It hasn’t hit Juneau yet," local analyst Meilani Schijvens says.
- Scattered throughout Alaska are hundreds of pieces of land that have been transferred to Alaska Native Corporations by the federal government.Some came with contamination. Getting them cleaned up has been a decades long process, and a new report catalogs those contaminated sites, but leaves some questions about who will orchestrate cleanup – and when.
- A bullet struck a Juneau school bus with two students aboard it Wednesday, according to a news release from Juneau Police Department.
- The Kenai Peninsula Borough Assembly has decided to continue allowing religious groups to offer invocations at its meetings after an invocation from a member of the Satanic Temple prompted a call for change.