Lavino Shipping Company Purchased By Management From Corporate Parent
Lavino Shipping Company, Philadelphia, Pa., announced recently that it had been purchased from E.J. Lavino and Company, its corporate parent, by an investment group represented by the shipping company's current management.
F.H. Muldoon, president of Lavino Shipping Company, will be chairman of the new corporation which will continue to use the Lavino Shipping Company name.
Craig N. Johnson, vice president of corporate development, and William J. Neumann, vice president of finance and administration, will maintain their responsibilities and serve as directors of the new organization.
In announcing the purchase, Mr. Muldoon said that "The sale is a positive step for each company.
The 61-year operating relationship between E.J. Lavino and Company and Lavino Shipping Company has been positive and profitable. Now both parent and subsidiary will be better able to concentrate on specialized lines of commerce.
"The current transition provides continuity of leadership to Lavino Shipping Company and a guarantee that its reputation for excellent service will be maintained.
All current services and facilities of the company are to be continued. The integration of ownership and management will allow Lavino Shipping Company the greatest flexibility to explore all profit opportunities in the specialized transportation and logistics field," Mr. Muldoon stated.
No sales price was disclosed for the transaction. Lavino Shipping Company, founded in Philadelphia in 1920, offers agency, chartering, cargo packing, project marshalling, cartage, stevedoring and terminal operations to s h i p p e r s , vessel operators, importers and explorers in 14 U.S.
cities.
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Content
- Two Vessels Trucked To 'Sea' page: 5
- New Radiotelephone Made By Texas Instruments —Brochure Available page: 6
- Ucci Named Vice President Of AMCA International page: 6
- Quigley Appointed Editor At Maritime Reporter page: 7
- Propose Plans For $230 Million Coal Export Terminal In Virginia page: 7
- Navy Buys Six SL-7 Sea-Land Containerships In $207.5-Million Contract page: 7
- Swiftships Completes 120-Foot Aluminum Tender For Dome page: 8
- New Offshore Service Company Founded In Eire page: 8
- Kockums Delivers The 'Madame Butterfly' —First Of Four For Wallenius Lines page: 8
- $5-Million Contract To Burrard Yarrows For Vessel Lengthening page: 8
- NASSCO Delivers First Of Three New Carlsbad Class Product Carriers To Union Oil page: 8
- Bartell Named GM Of Texaco's International Marine Sales Department page: 9
- Amsterdam Drydock To Rebuild Ro/Ro Passenger Vessel For Irish Line page: 9
- Ingalls Delivers First U.S.-Built L-780 To Keys Offshore page: 10
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- OCEANS 81 page: 12
- Bayou Black Shipyard Delivers Crewboat To Sundance Marine page: 13
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- American Ship Building Receives $73-Million Conversion Contract page: 13
- AMCA Acquires Koehring; Name New Officers At Crane Manufacturer page: 14
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- John E. Lawson Named By National Supply page: 16
- Kenneth F. Murchison Retires From Texaco page: 16
- Gibbs & Cox Names Ford Chief Engineer page: 16
- Literature Available On Devflex 1, Fire Retardant Finish From Devoe Marine page: 16
- FMC Building 400-Foot Oceangoing Barge For Zidell Explorations page: 17
- Fuel Catalyst Described To Ship Operators- Literature Available page: 17
- Halter Marine Delivers Three Supply Boats To D.F. Levy Marine Ltd. I page: 17
- First U.S. Ferry Equipped With Cycloidal Propellers Set For Service Debut page: 18
- John Chandler Named York Vice President page: 18
- Announce Personnel Changes In Marine Branch At Phillips page: 18
- New England SNAME Meets Onboard M / V Bay Queen page: 19
- AMCA Forms Marine Unit; Names Gwyn President page: 20
- Brochure On Oil And Filter Change Intervals Available From Caterpillar page: 20
- Griffin-Alexander III Commissioned At Beth Baltimore page: 20
- IMODCO Names Blair Kerr VP-Special Projects page: 22
- CARGO HANDLING EQUIPMENT page: 24
- Skully Bros. Delivers Omaha Arrow, Second Of Six Supply Vessels page: 24
- Iowa Marine Delivers M/V Tony H page: 24
- Curtis S. Townshend Appointed Vice President Of Mobil Marine Sales page: 25
- Lease MARISAT Satellites For Use In Three Oceans page: 25
- 55th Annual PROPELLER CLUB CONVENTION page: 26
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- HBC Barge Installs New Launchways-First Phase In $4-Million Expansion page: 34
- Name O'Leary Marine Development Manager At Dillingham Ocean page: 36
- Tracor Marine Announces Production Appointments At Port Everglades Yard page: 38
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- Vancouver Shipyards Launches Log Barge On A Film Of Water page: 41
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- Christen First Of 12 Supply Boats For Golden Gulf Marine page: 52
- Anschuetz Hosts Exhibit For Major Manufacturers Of Marine Equipment page: 52
- 'Petromar Bravo# Delivered By Halter —Third Of Six Ordered page: 52
- Lavino Shipping Company Purchased By Management From Corporate Parent page: 53
- Pickands Mather Promote Several At Cleveland And Duluth Offices page: 53
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- Energy Freedom Christened At Bay Shipbuilding Corp. page: 54
- Launch Two Stern Trawlers At Halifax page: 54
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- IHI To Employ New Hull Form On 223,000-Dwt Bulk Carrier page: 55
- Halifax Yard Completes First Ship Lengthening Contract page: 56
- Wartsila And Keppel Shipyard To Manufacture Diesels In Singapore page: 56
- MarAd Awards $280,000 Research Contracts On Marine Use Of Coal page: 56
- Launch Carrier 'HMS Ark Royal' To Be Completed By Mid-'80s page: 56
- Levingston, CNC Sign Agreement To Build Jackups At La Ciotat page: 56
- Seaward International Opens New York Office page: 56
- Annual Meeting Of NWC To Be Held In St. Louis September 16-18 page: 57
- M/V Miss Sheila, M/V Cole Delivered By Mississippi Marine Towboat Corp. page: 58
- W h e e l e r Associates Names W a r y a s A Vice President page: 58
- 'Gulf Shark' Delivered To Gulf Fleet Marine page: 59
- Three Oceangoing Great Lakes Bulkers To Be Built In U.K. page: 59
- Raymond International Buys 600-Foot Crane Ship For $34.5 Million page: 60
- 'Red' Adair To Address Oil Spill Conference page: 60
- New Towboat Design At St. Louis Ship Results From Two-Year Research Program page: 60
- Alfa-Laval Publishes Corporate Brochure page: 60
- Award $860,000 Contract To Seaward Int'l For Saudi Harbor Protection page: 61
- Krupp Atlas Promotes Blayer And Drogowitz page: 61
- Sperry Introduces New Doppler Navigation Sonar —Literature Available page: 61
- National Marine Service Names Five To New Posts page: 61
- Argonne Labs Offers Fuel Saving Chart To Ship Operators page: 62
- Krupp Christens Bridge Simulator For Use In Hamburg Polytechnic page: 62
- Nuclear-Powered Sub 'Dallas' Joins The Fleet page: 63
- Appledore Gets $2-Million Order To Design Shipyard For Dome To Build Arctic Vessels page: 63
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- $30-Million, Eight Vessel Contract Signed By Halter And Tidewater Marine page: 64
- I n g r am Tankships Orders Five Product Carriers —Names B a l d w i n VP page: 65
- N e w Brochure Describes Regency's Polaris Line Of M a r i n e Electronics page: 65
- Marine Maintenance Seminar Scheduled For Oct. 28 In New York page: 66
- $270-Million Expansion Is Proposed For Port Of Portland page: 66
- A Report On ASNE Day 1981 page: 67
- Assistant Secretary Of Navy Outlines New U.S. Program To Achieve Maritime Superiority page: 68
- Epsco Marine Introduces New 32-Mile Radar U n i t - Literature Available page: 68
- Levingston Forms Purchasing Company —Names Officers page: 68
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- FAST ON THEIR FOILS page: 77
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