Navios Maritime Announces Sasada as COO

Friday, June 22, 2007
Navios Maritime Holdings Inc. a large, global, vertically integrated seaborne shipping company, announced today that Sasada has been appointed Chief Operating Officer of Navios Corporation. Sasada began his shipping career in 1981 in Japan with Mitsui O.S.K. Lines, Ltd. (MOSK), as a salesmen. Sasada subsequently worked in the tramp section in Mitsui's bulk carrier division overseeing operations and chartering of approximately 30 Handysize vessels. In 1991, Sasada joined Trinity Bulk Carriers in Norway as its chartering manager and board member. Sasada subsequently launched MOSK's London operations as General Manager. Sasada joined Navios in May 1997 and most recently served as Senior Vice President Fleet Development. He is a graduate of Keio University, Tokyo, with a BA degree in Business.

Time Charter for the Navios Esperanza Navios also announced a new time charter of the Navios Esperanza, a panamax that will be delivered to Navios's long term chartered-in fleet in August of 2007. The 75,200 dwt panamax has been contracted for two years at a net rate of $37,056 commencing upon delivery. As a result of this new charter, Navios has extended the coverage of its core fleet (excluding vessels acquired through the Kleimar N.V. transaction) to 94.2% for 2007, 67.5% for 2008 and 25.8% for 2009.

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Danos Fabrication Facility Creates 150 Jobs

Danos, a family owned oil and gas service company, announced plans to expand its fabrication capabilities, by opening a 120,000 square-foot fabrication facility in Amelia, La.

US’ Largest Floating Drydock Heads to Portland

The country’s largest floating drydock, the Vigorous, is headed for Portland this weekend. The drydock, a piece of equipment used to lift vessels as large as cruise ships out of the water,

Transocean Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts and changes in estimated planned out-of-service

Energy

Banking on US Shale Gas Boom, Asia Petrochemical Firms Switch to LPG

Asia petrochemicals firms are building tanks and retooling plants to store and process liquefied petroleum gas imported from the United States, counting on a flood

Danos Fabrication Facility Creates 150 Jobs

Danos, a family owned oil and gas service company, announced plans to expand its fabrication capabilities, by opening a 120,000 square-foot fabrication facility in Amelia, La.

Mozambique: $30b Invested for 2018 LNG Export

More than $30 billion will be invested initially in Mozambique's natural gas sector to build capacity to produce 20 million tonnes per year of liquefied natural gas (LNG),

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1316 sec (8 req/sec)