American Maritime Safety Award Recipients Announced
American Maritime Safety, Inc., (AMS), announced today that Bouchard Transportation Company, Inc., Circle Line Sightseeing Cruises, General Dynamics/American Overseas Marine Corporation, Patriot Contract Services and U.S. Shipping Corporation would be the recipients of the 2014 AMS Maritime Safety Awards. AMS is a nonprofit maritime trade association, which facilitates the maritime industry's compliance with international shipping protocols and U.S. Coast Guard regulations. The AMS consortium is comprised of more than 400 vessel owners and operators.
PMM Dips Into Chemical Ship Management Sector
Principal Maritime Management LLC (PMM) of Southport, Connecticut, a shipping company owned by affiliates of Apollo Global Management LLC, informs of its new business in the stainless steel chemical shipping sector, through Princimar tankship acquisitions. PMM explain that Princimar Chemical Carriers (Princimar) acquired its initial three stainless steel chemical tankers, from existing owners. Princimar is focused primarily on acquiring stainless steel chemical tankers which operate in the global specialty and commodity chemical shipping trades. It has fully committed financing in place for additional acquisitions, and plans an initial fleet of 12 to 15 vessels.
New Stainless Steel Chemical Tanker Platform
Principal Maritime Management LLC of Southport, Connecticut, a shipping company owned by affiliates of Apollo Global Management LLC, has formed a new platform in the stainless steel chemical shipping sector. Additionally, Princimar Chemical Carriers has acquired its initial three stainless steel chemical tankers, all of which were purchased from existing owners and are currently in service. Princimar Chemical Carriers is focused primarily on acquiring stainless steel chemical tankers which operate in the global specialty and commodity chemical shipping trades. Princimar has fully committed financing in place for additional acquisitions, and plans an initial fleet of 12 to 15 vessels.
PPG Appoints Bausch Vice President
PPG Industries announced that Shelley J. Bausch will join the company as vice president, global industrial coatings, effective Jan. 16. She will report to Viktor Sekmakas, PPG executive vice president. “We are delighted to welcome Shelley to PPG," Sekmakas said. Bausch joins PPG from Dow Corning, where she began her career in 1988. Most recently she was business vice president, finished products, based in Midland, Mich., leading a unit with more than 1,000 employees and 15 plants that served internal clients and delivered more than $2 billion of external sales.
