Seacor Sells Its Caribbean Liner Business
SEACOR Holdings Inc. announced it has concluded the sale of its Caribbean liner and logistics business SEACOR Container Lines LLC (“SEACOR Island Lines”) to King Ocean Services Ltd. The transaction includes all operations and assets.King Ocean specializes in marine transportation and logistics solutions to close to 50 destinations across the Caribbean and South and Central America out of their Port Everglades facilities in Ft Lauderdale, Fla.“For 40 years, King Ocean, a multi-generational…
Shaerf Elected Chairman of NYMAR
Peter Shaerf, a Managing Director of investment house AMA Capital Partners LLC, was recently elected the new Chairman of the Board of NYMAR (New York Maritime Inc.). He takes over the reins from Bill Honan of Holland and Knight. In his first week in office, Peter has stated his intent to better market New York as “The Capital for Shipping”. Peter joined AMA in 2002. He started in the industry over 30 years ago and worked for many years as a shipbroker for container and dry cargo vessels. Peter is also a Director of General Maritime Corp (NYSE), Seaspan Corporation (NYSE), and TBS International (NASDAQ).