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Cma Board News

20 Jan 2022

Eagle Bulk CEO Gary Vogel Named CMA Commodore

Gary Vogel, Chief Executive Officer of Eagle Bulk Shipping Inc. (Photo: Eagle Bulk Shipping)

Gary Vogel, chief executive officer of Eagle Bulk Shipping Inc., has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2022.The 2022 Commodore Award, given each year to a person in the international maritime industry who has contributed to the growth and development of the industry, will be presented on March 31, at the Gala Dinner marking the conclusion of the annual Connecticut Maritime Association conference and expo, in Stamford, Conn..Vogel has served as CEO and director of Eagle Bulk Shipping Inc. (NASDAQ: EGLE) since September, 2015.

26 Sep 2019

Moody's Downgrades CMA CGM's Rating

Global ratings agency Moody's has downgraded the corporate family rating of French shipping major CMA CGM due to its "materially weaker" liquidity. The rating was downgraded to B2 from B1.Concurrently, the company's senior unsecured ratings were downgraded to Caa1 from B3. The outlook was changed to stable from negative."Today's rating action reflects that CMA CGM's liquidity profile has weakened materially in the last 12 months as a consequence of the acquisition of CEVA Logistics AG, although expected by Moody's to improve somewhat in 2020", says Daniel Harlid, Assistant Vice President -- Analyst and lead analyst for CMA CGM.The downgrade of CMA CGM's rating follows the acquisition of CEVA Logistics AG (Ceva…

02 Jan 2002

Tsao Named Connecticut Maritime Association Commodore

The Connecticut Maritime Association announces that Frank Tsao has been named the 2002 recipient of the Association’s prestigious Commodore Award. Frank Tsao, Group Chairman of IMC Group of Companies based in Hong Kong, joins a long and distinguished list of maritime executives to have received the Award, which is given each year to a member of the international maritime community who has demonstrated leadership and commitment to the business. Donald Frost, president of the Association stated, “Mr. Tsao has provided the international maritime community with quality service and enthusiastic leadership since he entered it. Mr. Tsao and…

07 Jan 2003

Haji-Ioannou Named CMA Commodore

The Connecticut Maritime Association (CMA) announced that Stelios Haji-Ioannou has been named the 2003 recipient of the Association’s prestigious Commodore Award. Stelios Haji-Ioannou, Chairman of easyGroup, joins a distinguished list of maritime executives who have received the Award, which is given each year to a member of the international maritime community who has demonstrated leadership, vision and commitment to the business. Donald Frost, President of the Association, commenting on the selection stated, “Mr. Haji-Ioannou has provided the international maritime community with enthusiastic leadership since he entered it. . Haji…