Marine Link
Thursday, March 28, 2024
SUBSCRIBE

Greggory B Mendenhall News

29 Apr 2014

Classification Society ABS Selects Key Advisors

Following the 151st Annual Meeting of Members and of the Board of Directors  ABS informs that industry leaders were elected and appointed to serve on several bodies that contribute to the operation of the classification society as it fulfills its mission of promoting the security of life and property and preserving the natural environment. “ABS is proud to announce such a strong group of marine and offshore industry leaders that will help guide the direction of one of the world’s leading classification societies,” said ABS Chairman and CEO Christopher J. Wiernicki. John A. RADM James A. Saleh A. Greggory B. Mun Keun Ha, Samsung Heavy Industries Co., Ltd. Jong-Seung Lee, Hyundai Heavy Industries Co., Ltd. Sung-Geun Lee, Daewoo Shipbuilding & Marine Engineering Co., Ltd. Shaj U.

21 May 2002

Trailer Bridge Finalizes Senior Loan Amendment

Trailer Bridge, Inc. announced the execution of an amendment to its financing agreement with GE Capital and the addition of four new members to the Company’s Board of Directors. The amendment with GE Capital waives past non-compliance with certain covenants and establishes new financial covenants that the Company is confident it will remain in compliance with. Trailer Bridge has a $15 million revolving credit facility, with actual draws determined by a borrowing base formula. At March 31, 2002, the amount outstanding under this facility was $4.7 million. The Company also has approximately $10.3 million outstanding under a term loan facility with GE Capital. The Company also announced that Peter S. Shaerf has joined the board and that Malcom P. McLean, Jr., Greggory B. Mendenhall and F.