Marine Transportation Providers News

The Board of Directors of Harley Marine Services announced via press release that Harley Franco will no longer be serving as the company’s Chief Executive Officer. Matt Godden will remain as President of the Company. “Since the beginning of 2019, Harley Marine has made significant progress in ensuring its long-term stability as one of the nation’s leading marine transportation providers” said Godden. “Harley Marine is renowned for its track record in safety and operational capabilities and we intend to continue with this unparalleled commitment to quality.” According to Jon Foster, the successor Chairman of the Board of Directors, “we believe that Matt…

Pat Folan is a partner in Daphne, Ala.-based Tug & Barge Solutions, a safety and compliance company that focuses on Subchapter M compliance for towing companies. The company also performs surveys of towing vessels and barges, manages safety management systems for towing companies and trains people on towing vessels and in offices. A professional mariner, for 27 years, he also operated towing vessels from Maine to Corpus Christi, Texas, including the Alabama Rivers, Lower Mississippi, Great Lakes and Erie Canal. A graduate of St.

Howard Fireman, Senior Vice President and Chief Technology Officer, joined the American Bureau of Shipping (ABS) in 2013. Fireman is responsible for leveraging the latest advancements in technology to drive the development of innovative products and services that promote safety and improve the delivery of class services in the marine and offshore industries. Since joining ABS, Fireman has also served as President of the ABS Nautical Systems Fleet Management Software product line where he has overseen significant advancements in the software and achieved growth in every sector.

WL Ross & Co. and Navigator Holdings Ltd. have entered into a definitive agreement for WL Ross to acquire up to 19.4% of Navigator's common stock for a total of US$62.5 million in order to provide additional capital resources for the company's growth program. Up to two designees of WL Ross & Co., including Wilbur Ross, Jr., Chairman of WL Ross & Co., will join the company’s board of directors. “We see very substantial opportunities in the global transportation industry, particularly rail and marine shipping,” said Mr. Ross. “Navigator is a leader in the handy-sized shipping segment, which has excellent fundamentals and a positive outlook as global shifts in demand for liquefied petroleum gas and other petrochemicals increase opportunities for efficient…