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.
- There has been no sign of progress in resolving the state's budget crisis. Special sessions typically cost $20,000 to $30,000 each day.
- Reliable food sources are more important to Steller sea lions than abundant prey.
- The nonpartisan Congressional Budget Office estimates that the GOP's Obamacare repeal-and-replace bill would also reduce the deficit and leave some sick Americans unable to buy coverage.
- A 60-year-old Juneau woman came home Tuesday night to find her door forced open, according to a Juneau Police Department news release. She chased two men out of her home, and then continued after them giving police updates on their location until their arrest, according to the police.