OMI Corp. Elects New Director

Thursday, December 07, 2000
OMI Corp. has appointed Donald C. Trauscht as a director - he currently serves as chairman of BW Capital Corp. Prior to his current position, Trauscht served as chairman and CEO of Borg Warner Corp. for whom he worked from 1967 to 1995.

The company also reported that it expects to earn $.43 - $.48 per share for the fourth quarter. Rated for all its classes of tankers are at higher levels than during the third quarter and have continued to rise. OMI's Board reaffirmed the authorization for the Company to repurchase up to 10 percent of its outstanding shares.

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

BIMCO Welcomes EU Decision on Migrants

BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of

Long Beach, Los Angeles ports host forum to gather input

More than 100 cargo owners, trucking firm leaders, longshore labor, marine terminals and other goods movement industry representatives turned out Wednesday for

Arctic Nations to Fight Climate Change Despite Russia Tensions

The eight Arctic Council nations pledged on Friday to do more to combat climate change that is shrinking the vast frigid region, with countries trying to put

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pipelines Port Authority Ship Repair Ship Simulators Sonar 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: 0.1743 sec (6 req/sec)