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

People & Company News

Georgia Hooks Trident Seafoods

Trident Seafoods has opened a $40 million production and distribution center in Carrollton, Ga., providing 175 full-time jobs and the capacity to produce 50,000

Intermarine Opens Office in Ecuador

Intermarine, LLC, a transporter of project, breakbulk and heavylift cargo, announced it has opened an office in Quito, Ecuador.   The new office will operate

Harkand: Expanding the Fleet, Growing a Global Business

International inspection, repair and maintenance (IRM) company Harkand aims to be a $1 billion company. MR’s Tom Mulligan recently met with John Reed, the company’s CEO,

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Repair Ship Simulators Sonar
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: 0.7122 sec (1 req/sec)