Hornblower Honored for Growth

Thursday, December 18, 2008

Hornblower Marine Services (HMS) was named the sixteenth fastest growing company in Business First of Louisville’s Greater Louisville’s Fastest-Growing Privately Held Companies publication.

Companies are picked based on growth determined by their previous three-year operating sales history. Each company must average at least $1m in annual revenue for their three most recent fiscal years with the top 50 companies displaying the biggest percentage of revenue growth over the last two years making the list.

“Our company’s growth was fueled by the shift in transportation from cars and airplanes to ferries,” said John Waggoner, Chief Executive Officer of Hornblower Marine Services. “We were able to grow at an average rate of 78% over the past three years in a slowing economy because, as fuel prices increased, consumer demand shifted towards a less expensive form of transportation. Additionally, ferries give passengers an enjoyable and stress-free commute without the hassles of freeways.”

HMS manages and operates vessels in Hawaii, Alabama, Florida, Delaware, Oklahoma, Washington, Japan and has most recently acquired a four-boat operation in the Caribbean country of Trinidad.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Ri'chard Joins Holland America Line as Director

Holland America Line has appointed Denella Ri’chard to the position of director, trade communication and engagement. In this newly created role she is responsible

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Maersk to Scrap Ships at India's Alang Beaches, NGO Dismayed

Maersk Line said on Friday it had chosen four shipbreaking yards along India's Alang beaches to handle an increase in vessels that need to be scrapped, to the dismay

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0667 sec (15 req/sec)