Sale Ship

Globe Wireless Establishes New Office

Globe Wireless has established a new office in Houston, Texas, and appointed Greg Halverson as regional manager of Offshore Sales. Halverson will lead the company's GlobeOffshore® sales efforts in the Gulf of Mexico as well as lending support to Offshore sales worldwide. With more than 16 years of sales experience, including seven years selling communications solutions to the offshore industry, Halverson has had a variety of sales and management positions with MCI Telecommunications, Claydesta Communications, Illuminex Corporation, and most recently with Petrocom.

Bueno Joins Sales Team at ACR Electronics

Jose Bueno Joins the ACR Electronics Sales Team as International Sales Manager. Bueno is an international sales and marketing veteran having most recently held positions with Directlink International and Cosmo Communications Corp. both located in Miami, Florida. Bueno will oversee marine and bridge electronics, government, outdoor and aviation market sales for ACR¹s international division covering Asia, the Pacific Rim and Latin America.

AMCV's Sales Division Is Poised For Growth

In response to the quadrupling of its planned passenger berth capacity between 2000 and 2004, American Classic Voyages (AMCV), has reorganized its sales division. According to Roderick K. McLeod, the company's president and COO, Thomas E. Blaikie was named vice president of sales for all of the company's brands. A 30-year veteran of the travel industry, Blaikie joined AMCV in 1996. He joins Rolf P. Logan, the company's new director of field sales, as well as two regional managers, Anthony J

Yang Ming Sales Sag

Taiwan's Yang Ming Marine Transport Corp., the island's largest shipping firm in terms of revenues, said on Thursday it made sales of T$3.75 billion in May, down 1.37 percent from the same month in 2000. That brought accumulated sales in the January-May period to T$19.85 billion, a 5.17 percent rise from the corresponding period last year. May sales were down 13.8 percent from T$4.35 billion in April. - (Reuters)

ACR Announces Company Changes

In a move to bridge electronics and an increase in marine sales, the Ft. Lauderdale, Fla., ACR team has assumed new titles and responsibilities. Tony Smith, a 15 year sales veteran at Fort Lauderdale-based ACR Electronics, has been promoted to Sales Director, assuming the responsibilities of marine and bridge electronics, government, outdoor and aviation sales for the company¹s international division, which covers Asia, the Pacific Rim and Latin America.

Spec-Temp Expands Marine Sales Team

Rick Baldwin has joined the outside sales team at Spec-Temp according to Russ Reinhart, Spec-Temp's sales manager. Baldwin's sales focus is glass products for the marine market, including high volume standard bent windshields for pleasure craft and low volume-custom applications in the yacht market. He joins Spec-Temp from Creation Automotive, Elkhart, Ind.

CMB Continues Fleet Rejuvenation

CMB confirmed that its subsidiary, Bocimar and Wah Kwong, have sold the panamax vessel Yasmine Venture (2006 - 73,546 dwt) - ordered in joint venture in 2003 from Jiangnan (China) - to Diana Shipping. The net sale price amounts to $39.6 million, and CMB will realize a capital gain of approximately $5.5 million on this sale. Also, Bocimar and Oak Maritime have concluded an agreement with Chang Myung Shipping (Korea) for the sale of the joint venture vessel Mineral Oak (1996 - 165,693 dwt).

OSG Announces Sale of DHT Shares

Overseas Shipholding Group, Inc. announced the sale of 4,600,000 shares of common stock of Double Hull Tankers, Inc. in a registered public offering underwritten by Merrill Lynch & Co. OSG expects to recognize a gain from the transaction of approximately $15 million in the first quarter of 2007. After completion of the sale, OSG's beneficial ownership of DHT's common stock will be reduced from approximately 44.50% or 13,351,500 shares, to approximately 29.17%, or 8,751,500 shares

Globe Wireless Reorganizes

Globe Wireless appointed Frank Christophersen as its new Vice President of European Sales. Christophersen joins Globe from Sperry Marine Systems. After seven years of leading the European Sales organization, Mike McNally will take the helm as the Vice President of Americas Sales. The Americas sales organization will be growing the in the weeks ahead. Walter Kane, the current VP of Americas, will be transitioning into the new Product Management group

Hyundai Sales Projected To Rise

Hyundai Merchant Marine has set a 2001 sales target of 5.9 trillion won ($4.67 billion) up 15.5 percent from an estimated 5.1 trillion won last year. The company expects sales from containership operations to rise 17.9 percent to 2.93 trillion won and non-containership sales to rise 13.1 percent to 2.96 trillion won, a spokesman said. - (Reuters)