Penske GM Power, Inc. of Lodi, N.J., has announced the appointment of Richard J. Paine as marine marketing manager. Mr. Paine will assume the responsibility for the coordination of sales and promotion of Penske's line of high performance marine diesel propulsion units ranging from 135 to 1,800 hp.
Mr. Paine will headquarter at Penske's Ronkonkoma, N.Y., Engineering/ Manufacturing/Sales and Service Facility.
Mr. Paine's experience in the industry includes most recently the vice presidency of Symbol Yachts, U.S.A., a builder and importer of foreign-built performance yachts, and prior, as Western Marine Electronic's national OEM sales manager.
The appointment initiates Penske's active marketing strategy in expanding its share of the OEM, retail and repower diesel propulsion market.
and finally, if you want to avoid money laundering completely, remember to take your wallet out of your pants pocket before you wash them. The Author Richard J. Paine, Sr. is the National Marine Sales Manager at Signature Financial LLC. He can be reached at email@example.com. (As published in the
for opportunities. In the meantime, that motor home road trip beckons, buoyed by bargain gasoline and a look towards better times. About the Author Richard J. Paine, Sr. is National Marine Sales Manager at Signature Financial LLC. (As published in the March 2015 edition of Marine News - http://magazines
Chief Executive. That said, it is never too early to prepare for that next financial transaction. Before that happens, you need to speak the lexicon. Richard J. Paine, Sr., National Marine Sales Manager at Signature Financial LLC (As published in the January 2015 edition of Marine News - http://magazines
campaign promises, the coming Trump presidency could be a great stimulator for economic and thus marine industry recovery and growth. The Author Richard J. Paine, Sr. is the principal consultant at Commercial Marine Finance Consultants. He can be reached at 516-431-9285 or firstname.lastname@example.org. His comments
Energy savings are cited as one of the advantages of a new line of lightweight, low-horsepower, high-pressure pumps for installations requiring capacities up to 500 gpm and heads to 1,500 feet. Worthington Pump R&D developed the Type WD pumps to combat the rising costs associated with delivering
Two key lending practices and today’s workboat market conditions collide on the waterfront. Which course you choose depends on where you sit. Unless you are involved with your company’s borrowing and credit issues, you may not be well versed in the two principal types of commercial lending. Asset based
Financing the Municipal, Tax-Exempt Workboat Sector. Poring over any of the many marine publications that seemingly arrive daily in your mailbox or inbox, you can get an idea of the depth and breadth of the current state of U.S. commercial marine vessel shipbuilding. Given the tumult in the oil market and
Three things: experience, experience, and … experience. It’s a very familiar scenario: And, if you are the CFO, controller, president or other financial manager of your company then you have been here before. Across your conference table sits a potential new lender. He/she is very genuine in their desire
The continued existence of the Merchant Marine Act of 1920 carries with it substantial economic and financial benefits. Its repeal could be catastrophic. The three-legged stool commonly referred to as the Jones Act is officially known as the Merchant Marine Act of 1920. For the purposes of national defense
The USSBA, USDA and USDOT’s Loan Programs As we launch into 2014, the domestic waterfront continues to fire on all pistons; boatbuilding, charter rates, utilization of tonnage, and so much more. That kind of momentum, however, requires funding to sustain. For smaller operators in need of capital to grow
A changing tax landscape doesn’t have to mean bad news – at least not just yet. A Changing Landscape Historically, bonus depreciation has had a significant effect on construction of new vessels, allowing businesses to initially expense 30 percent, occasionally 100 percent and most recently 50 percent
PEOPLE & COMPANY NEWS HydroComp AAPA Crowley Scholarships Baker & Falconetti Aaron Nelson MacPherson Friedman Damidaviciute Cabrera Smith employment of Agne Damidaviciute as Gary Nelson, Executive Director, Port Crowley Scholarships for Purchaser. Agne comes from a similar po- of Grays Harbor Gary G.
merce can come to a halt in the court- Richard Paine is a licensed mariner, certi? ed TSMS & AWO-RCP Lead Auditor and room. That’s because decisions made DPA with over 20 years of maritime and auditing experience ranging from deep sea, in the courtroom and even those cases tugs & towing, and passenger
COLUMN SAFETY MANAGEMENT SYSTEMS Dollars & Sense: Making a Pro? t with a Safety Management System (SMS). By Richard J. Paine, Jr. Organizations in the maritime in- held the position that the cost of SMS will eclipse the ultimate dustry act no differently than any other bene
Technologies at ness, and the signi? cant challenges of Bosch Rexroth. working and supporting operations in both the Arctic and the waters of Alaska. Richard Paine is a licensed mariner, certi? ed TSMS & AWO-RCP Lead Auditor Robert Day, Head of Offshore at Ves- and DPA with over 20 years of maritime selsValue
Sean Fernstrum President, R.W. Fernstrum & Company SAFETY 26 Dollars & Sense: Making a Pro? t with a Safety Management System (SMS). By Richard J. Paine, Jr. WORKBOAT COMMUNICATIONS 30 ISO: Affordable & Reliable Workboat Comms Commercial workboats can bene? t from greater range of communicati
axis (free twist) calculations, greatly reducing the number and protecting the environment, and to of calculated conditions. continued operation.” Richard Greiner, Partner, Shipping & Transport at BDO www.herbert-abs.com www.marinelink.com 23 MR #10 (18-25).indd 23 10/4/2019 4:16:28 P
Public executive of? cer of the Alabama State Diving & Salvage, DeVilbiss oversaw Service Award, to honor his outstand- Port Authority has named Richard T. all marine casualty and emergency re- ing contributions to the United States Clark as deputy director for the Port sponse operations throughout
industry in conducting MASS trials. G G REMOTE CONTROL TECHNOLOGY Speaking at the Achieving Critical MASS conference, Deputy Maritime Administrator Richard Balzano stressed that the U.S. Coast Guard was very will- ing to work with the maritime commu- nity in determining a path forward for use of automation
Ocean Energy New England in Focus creating systems that are appropriate for distributed power in remote sites such as islands and remote communities that otherwise rely upon diesel power for electricity. Justin Normand of the British Consulate General is bringing the lessons learned in the UK to
....... 31 Baltimore, Port of ................................. 23, 24, 25, 26, 27 International Longshore and Warehouse Union ................ 10 Scher, Richard ................................................. 25, 26, 27 Bay State Wind ............................................................. 41 Island
practices.” Baltimore. We look forward to many successful years working with them.” Acknowledging Today’s Success, Planning for Tomorrow’s Changes – Richard Scher, When it comes to the Port of Baltimore, local port execu- Director of Communications, MDOT tives can point to any number of cargo modes and
Port of Baltimore ties allow direct discharge on and off a ship. Dundalk Marine Richard Scher explains, “We have an outstanding relation- Terminal sports three heavy lift pads with a capacity of 32.5 ship with Ports America Chesapeake, our private partner at tons per axle per pad which helps the Port
pounds came through the Port of Baltimore destined for Rus- T MPA’s public terminals, while the private termi- sia, South Africa, and the UK. According to Richard Scher, nals handled most of the Port’s bulk commodities. Director of Communications, MDOT Maryland Port Admin- In 2018, the Port of Baltimore (POB)
two new Business Devel- opment Managers to its sales team; ? nancial initiatives. Chi earned his performance. In addition, J. Chris- Nick Crow and Richard Hastings. MBA from the Wharton School and a topher Lytle, the Executive Director of the Port of Oakland, CA will be Both will help CEC in sales
technology. “As is happen- the resignation of long-time Vice Pres- struction Programs. Remont will as- ing in other industries, Sea Machines ident, Richard Wells. Subsequently, sume responsibility of overseeing all is now leading the revolution in the 53 www.marinelink.com MN MN July19 Layout
the year. Ways and Delays in completing environmental the fact that the federal government, terms of the sale to public and private Means Chairman Richard Neal (D-MA) reviews and compliance with species through the secretary of the interior, off-takers, including utilities and state recently announced
dia- mond and gold mining and the land-based mining industry. “It is a relatively small industry sector at the moment, but with potential to grow,” says Richard Mills, Kongsberg Mari- time’s director of Marine Robotics sales. While its clear that Kongsberg’s payload-rich, torpedo-shaped AUVs will be valuable
active industry participation, Retlif is well positioned to help defne the route to compliance, whether it be USCG approvals or a full IMO G8 approval. RICHARD REITZ Director of Engineering Retlif Testing Laboratories Retlif is staffed and fully equipped for BWMS component testing. You would expect that
its portfolio (see MV WES AMELIE and same main dimensions. In comparison others) as a reference, but the Hapag- to the ME-C engine, the ME-GI engine RICHARD VON BERLEPSCH, Lloyd project is nevertheless the ? rst has a modi? ed exhaust system, a modi- ship-side retro? t project for the Augs- ? ed cylinder
this size Ithat it intends to convert gas. The conversion of the ? ve-year-old The pilot project, which is unique to to natural gas propulsion,” said Richard The 15,000 TEU megaboxer MV SAJIR to be converted to methane for operation. Image: © Hapag-Lloyd 32 Maritime Reporter & Engineering News
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T-ARS 50 class ships available as part of KVH’s in service with the US Military Sea- AgilePlans, a subscription- lift Command. Secretary of the Navy Richard V. Spencer said the new class based Connectivity as a will be named Navajo in honor of Service program that includes, the contributions the Navajo
Freeport, Grand Bahama , Bahamas , tel:+1 242-350- Saab AB (publ) TransponderTech, SE-589 41 Linkoping , ship.com or email@example.com contact: Richard 2110, firstname.lastname@example.org , 4000, email@example.com tel:46 13 180000, fax:46 13 182377, Maguire or Nick Del Gavio, www.bay-ship
Richard Heard. ter decisions.” The Phase 2 work hopes to address Signi? cant ? ndings of the ? rst phase some of these concerns. Its main objec- work, which involved 16 science insti- tives are to, one, understand the role of tutes across Europe and eight oil major man-made structures as an inter-con-