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The Schnitzer Group News

17 Apr 2002

Lasco Logger Pool gets Bigger

The Lasco Logger Pool, already one of the world’s largest logger fleets, just got bigger, with the announcement that two of SINCERE STEAMSHIP CORP.’s newly built logger ships, the Alpha Venture and the East Tender, have been placed in the Lasco Logger Pool. SINCERE, a management company in Taipei, TAIWAN, operates thirteen ships in its fleet, including seven newbuildings, committed two new “Kanda 28’s” to the Pool, which is commercially managed by Lasco. SINCERE will perform its own technical management of its vessels. In commenting on the announcement, Mr. Kenneth M. Novack went on to call attention to Lasco’s constant efforts to improve its capabilities to make forward fixtures and reduce ballast legs, aggressively positioning cargo opportunities.

15 May 2002

Pardini Named New LASCO President

Lasco Shipping Co. (LASCO), announced that the Board of Directors has appointed Anton U. Pardini as President and Chief Operating Officer. In making the announcement, Novack stated the Board’s strong support for Pardini was based in part on Pardini’s clear vision for the company’s future direction, his skill in forging strong strategic business alliances with global partners, and commitment to enhancing the company’s core value through vessel and asset acquisitions, partnerships, pooling arrangements and continuing development of LASCO’s reputation as a provider of efficient, reliable vessel services for customers world-wide. Industry…