Ingram Barge Announces Executive Promotions
Craig E. Philip, Chief Executive Officer, Ingram Barge Company, today announced several changes and promotions for the Marine Group. Dave O’Loughlin has been promoted to Senior Vice President, Vessel Operations and Strategic Sourcing, reporting to Kaj Shah, President, Ingram Barge Company. Mr. O’Loughlin will head up vessel operations and oversee a strategic sourcing team comprised of the external services and purchasing departments. He most recently served as Vice President of Dry Cargo Customer Service. Mr.
Bulk Transport Leadership: Dan Martin
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December. For months, dredging operations have slowed vessels at points along the river's course. Since December, a stretch at Thebes, Illinois, has been shut for much of each day as the U.S. Army Corps of Engineers removes rock pinnacles. A panel of five executives weighed in on a host of topics regarding inland transportation as part of a round table discussion published in the February print edition of Marine News.
Ingram Makes Historic Fleet Investment
1976. Waterway. fleet by about ten percent. has traditionally been a smaller component of the company's business. service for many oil and chemical companies. James Marine, Inc. of Paducah, Kentucky. Terms of the new agreement were not disclosed. 30-month period beginning in 2008. be outfitted with steam coils for heating cargoes," Mr. explained. industry, the economy, and the future of the markets Ingram serves. important segment of our business," Mr. Philip said.
Raytheon Awarded Two Contracts
Raytheon Company has been awarded two sole source contracts by the U.S. Navy totaling $15.7 million for AEGIS equipment support. A $10.2 million performance based logistics contract renews Raytheon Integrated Defense System's (IDS) direct responsibility for administering AEGIS technical support for spares and repairs requirements of U.S. Navy and Foreign Military Sales customers. A $5.5 million contract calls for upgrading transmitter equipment in the AEGIS Weapon System. The AEGIS program is served by Raytheon's IDS Surveillance & Sensor Systems business area. Raytheon recently commemorated a 25-year milestone of continuous AEGIS equipment production.