Jason Lin News

Penguin Shipyard International (“PSI”), a wholly owned subsidiary of Singapore‐based Penguin International Limited (“PIL”), has delivered its first Flex‐38 Green Crewboat, “Pelican Grace”, following a successful sea trial that saw the triple screw 38‐metre crewboat achieve cruising speeds of over 24 knots with a fuel consumption rate of only 510 litres per hour, which is substantially less than the fuel consumption of other mid‐sized, mechanically powered crewboats. The Flex‐38 is a joint development by PSI…

Maurice Storey, the former Chief Executive of the U.K. Maritime & Coastguard Agency (MCA), is to become Chairman of Evergreen Group’s U.K. affiliate Hatsu Marine Ltd., effective December 1, 2003, while Jason Lin continues as president of Hatsu Marine Ltd. Established in January 2002, Hatsu has its headquarters in London and currently owns a fleet of seven new U.K.-flag container vessels including five 6,332-teu ships currently operating in the transpacific trades. Within the next two to three years…