Page 51: of Marine News Magazine (October 2010)

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Véronneau, who recently left the

Board after serving as Chair for the past four years. MacGregor is a direc- tor of Seaway Marine Transport and

Chairman of Golden Star Resources

Ltd. David L. Muir, FCA joined the

Board of Directors in May 2010 as the representative of the Federal

Government. Muir is Senior VP,

Collins Barrow Ottawa Management

Consultants Inc. Jonathan Bamberger joined the Board of Directors on

August 28th as the industry represen- tative for the Corporation’s “Other

Members.” Bamberger is President,

Redpath Sugar Ltd., based in

Toronto, and Vice President,

Commodities, American Sugar

Refining Inc. The St. Lawrence

Seaway Management Corporation also announced the appointment, effective November 1, 2010, of

Terence F. Bowles as President and

Chief Executive Officer to replace

Dick Corfe who has served in the position since 2003. Bowles served as

President and CEO of the Iron Ore

Company of Canada from 2001 until early 2010.

Second Sentinel-Class Cutter

Contract Option Awarded

The Coast Guard awarded a $166.1m contract option to Bollinger

Shipyards of Lockport, La., on

September 14 to begin production of four Sentinel-class Fast Response

Cutters (FRCs). This option award brings the total number of FRCs under contract with Bollinger to eight with a current contract value of $410.7m. The current FRC contract contains options for up to 34 cutters and is worth up to $1.5b if all options are exercised.

ACL to Expand Warehouse Space

American Commercial Lines Inc. (ACL) has entered into an industrial development agreement with CNW

Resources of Naperville, Ill., a provider of metallurgical, chemical and foundry products. Under the industrial development agreement,

ACL will construct a new warehouse at its barge terminal in Lemont, Ill., located 25 miles southwest of

Chicago, to store and transport prod- uct for CNW. The new multi-pur- pose warehouse will significantly www.marinelink.com MN 51

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PEOPLE & COMPANY NEWS

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Second Sentinel-Class Cutter ACL expands warehouse space