Moran Shipping Elects Philip Moran President

Philip D. Moran has been elected president of Moran Shipping Agencies, Inc., according to F.

Robert Black, chairman of the board and chief executive officer.

Headquartered in Providence, R.I., Moran Shipping Agencies, Inc., serves over 50 ports from Maine to Texas through eight offices in six states.

Mr. Moran has served as executive vice president for four years, having been with the firm for 16 years, 12 in the Boston, Mass., office and the last four in Providence. He is a past member of the board of governors of the Boston Shipping Association. A resident of Norfolk, Mass., he has served as vice president of The Propeller Club of Boston, and the Foreign Commerce Club of Boston.

Founded in 1937, Moran Shipping Agencies, which handles tankers, LPG and LNG, container, general and bulk cargo vessels, is owned by Moran Transportation Industries, Inc. Other MTI companies are J.F. Moran Co., Inc., custom house brokers and international freight forwarders, and Moran Air Cargo, domestic air freight forwarders.

Mr. Black, who is also president and chairman of the board of Moran Transportation Industries, Inc., stated: "Mr. Moran's elevation to the presidency of Moran Agencies, Inc. will further strengthen and allow for accelerated expansion of our agency operation, a most vital element in the Moran organization."

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