Financial News

  • 62 Southfield Road, Suite 214
    Stamford CT. 06902
    Website: www.alternativemarinetech.com
    E-Mail: rkunkel4@gmail.com
    President / CEO: Robert Kunkel
    Number of employees: 12


    The Company:
    Alternative Marine Technologies (AMTECH) was developed to provide technical support to Owners in Shipping; Private Equity, Banks and Financial Institutions – firms requiring a better understanding of construction issues, vessel condition and daily commercial operations. Founded in 2007, AMTECH provides construction supervision, third party ship inspection, ship repair supervision, integration and design.    
     
    The Case:
    Completing over 30 successful new building projects and design reviews in the past 7 years, AMTECH combines years of commercial and technical experience to assist private equity, hedge fund, financial institution and historical shipowners in designing, building, maintaining and repairing their portfolios of marine assets. All require a single point of contact to monitor vessel condition, analyze market cycles, provide project management and steer them through the complicated business ship management.



    (As published in the August 2014 edition of Marine News - http://magazines.marinelink.com/Magazines/MaritimeNews)

  • with Comsat's SeaMail service will be able to print out distribution-ready newspapers that include a summary of national news, including sports and financial highlights. The InstantlNews newspapers are provided by Information Management Consultants, Ltd., Liverpool, England. InstantlNews is being

  • the Title XI program. Our new Associate Administrator isn’t the only Title XI-related change in personnel at MARAD. We have also increased our in-house financial expertise by incorporating additional staff into the Office of Marine Financing. This includes an on-site financial analyst to assist with efforts

  • had a year-end backlog of $8.5 billion. The carrier contract is the largest contract ever awarded by the Navy. "We are pleased with our 1982 financial performance," said Edward Campbell, company president and chief executive officer. "Much of the credit goes to our employees, salaried and hourly pai

  • the aluminum shipbuilding world for the past 20 years? During the first week of March the Hobart shipyard admitted that it was suffering from financial difficulties, and responded by laying off several hundred employees. In fact, according to Australian news sources, the yard has 1,000 less employees

  • resources that they demand – the end result would mirror the Gencorp organization; marine insurance, surety, claims management, employee benefits, and financial services, all under one roof.   The Case: Gencorp is licensed in 47 States, Puerto Rico and USVI – this gives Gencorp a national presence, but

  • resources that they demand – the end result would mirror the Gencorp organization; Marine Insurance, Surety, Claims Management, Employee Benefits, and Financial Services, all under one roof. The Case: Gencorp is licensed in 47 States, Puerto Rico and USVI – this gives Gencorp a national presence, but

  • engineer. He was transferred to the finance organization in 1967, where he held positions in internal auditing, capital budgeting, payroll, and financial controls. He was appointed administrative assistant to the president in 1977, controller and treasurer in 1979, and vice president, finance

  • [the length of time in which a loan is paid back] drives many credit decisions.”   Separately, Walter Rabin, President and CEO of Signature Financial (wholly owned by Signature Bank), a veteran of the business, explained the trade-offs between the asset and the corporate side of lending. Active

  • Financial reporting is a sobering issue. Creative accounting, “cooking the books,” earnings manipulations and other accounting shenanigans have been around as long as folks have had income, paid bills, taxes or sought investors for their ventures. With intent to defraud for economic gain and financial crimes

  • laws include substantial fines and possible prison time and places the onus for recognizing and reporting money laundering squarely on the shoulders of financial institutions. And yet, we don’t necessarily associate ‘dirty money’ with the mundane world of moving cargo or people from point ‘a’ to point ‘b.’

  • taxes (EBIT) for the quarter were $51 million, up from $47 million last year. "We are pleased to start 2001 with a continuation of our very strong financial track record," commented Chairman and CEO William P. Fricks. "Performance gains across our major programs have resulted in revenues and earnings

  • MR Nov-19#96 MR NOV 2019_Index_revised2:Layout 1  11/7/2019  9:15 PM)
    November 2019 - Maritime Reporter and Engineering News page: 96

    MR NOV 2019_Index_revised2:Layout 1 11/7/2019 9:15 PM Page 1 ADVERTISER INDEX Page#Advertiser Website Phone #Page#Advertiser Website Phone # 55Advanced Mechanical Enterprises .www.amesolutions.com . . . . . . . . . . . . . . . . .(954) 764-2678 C3KE Marine / Worldwide Diesel . . . . .www.kemarine.com . .

  • MR Nov-19#90 This directory section is an editorial feature published)
    November 2019 - Maritime Reporter and Engineering News page: 90

    This directory section is an editorial feature published in every issue for the convenience of the readers of MARITIME REPORTER. A quick-reference readers’ guide, it includes the names and addresses of the world’s leading manufacturers and suppliers of all types of marine machinery, equipment, supplies and

  • MR Nov-19#88 ?|?| INTEGRATED MEDIA KIT         
When it comes to)
    November 2019 - Maritime Reporter and Engineering News page: 88

    ?|?| INTEGRATED MEDIA KIT When it comes to Marine Marketing, One size does not?WDOO Monthly Network The Maritime Audience: 729,265 Source: Google Analytics Media Network ,W?VDELJLQGXVWU\DQG\RXUFOLHQWVRXUUHDGHUVKDYHVSHFL?FLQWHUHVWVZKHQLWFRPHV to their professions and their information needs.

  • MR Nov-19#86 86     Maritime Reporter & Engineering News • NOVEMBER)
    November 2019 - Maritime Reporter and Engineering News page: 86

    86 Maritime Reporter & Engineering News • NOVEMBER 2019 MR #11 (82-89).indd 86 11/4/2019 9:24:05 AM

  • MR Nov-19#84 P
PRODUCTS HEAVY LIFT & DECK MACHINERY
timated 390 tons)
    November 2019 - Maritime Reporter and Engineering News page: 84

    P PRODUCTS HEAVY LIFT & DECK MACHINERY timated 390 tons and reach of more than optional 670 HP (500 kW) electric drive Sennebogen SENNEBOGEN will deliver the ? rst 130 feet, the 895 E is the largest material motor. It’s offered with a choice of three of its new 895 E Series model to North handler

  • MR Nov-19#82 P
PRODUCTS HEAVY LIFT & DECK MACHINERY
Cimolai Technology)
    November 2019 - Maritime Reporter and Engineering News page: 82

    P PRODUCTS HEAVY LIFT & DECK MACHINERY Cimolai Technology Heavy Lift to Assist Shipbuilding Operations Images: Cimolai Technology imolai Technology Spa, the a span of 60 m and height of 60 m and Cimolai Technology Spa has been also lifting platform or used independently Italian company specialized

  • MR Nov-19#81 V
VESSELS 
and the 18th built as part of the teaming  USS)
    November 2019 - Maritime Reporter and Engineering News page: 81

    V VESSELS and the 18th built as part of the teaming USS Delaware (BB 28), which was de- 2013. The submarine was christened by VLCC with New SOx agreement with General Dynamics Elec- livered by Newport News in 1910. Jill Biden, the former Second Lady of Scrubber Delivered tric Boat. More than 10

  • MR Nov-19#80 V
VESSELS PATROL CRAFT
Damen Patrol Vessels for Offshore)
    November 2019 - Maritime Reporter and Engineering News page: 80

    V VESSELS PATROL CRAFT Damen Patrol Vessels for Offshore Nigeria amen recently delivered a companies. Features of the 33m vessels four weeks and travel 1,200 nm in and ity and cost effectiveness to the bene? t pair of FCS 3307 high-spec include Damen’s trademark Axe Bow around Nigeria’s coastal and

  • MR Nov-19#78 V
VESSELS 
Sovcom?  ot Names New 
Seaspan Shipyard Delivers)
    November 2019 - Maritime Reporter and Engineering News page: 78

    V VESSELS Sovcom? ot Names New Seaspan Shipyard Delivers OFSV Arctic Shuttle Tanker On October 6, 2019, a naming and ? ag raising ceremo- ny was held in Vladivostok for Sovcom? ot’s latest Arctic shuttle tanker. The vessel was named after Mikhail Laza- rev, a prominent Russian admiral and explorer

  • MR Nov-19#76 M
MARITIME MEDICAL CREW CARE
Crew Care: Managing Mariner)
    November 2019 - Maritime Reporter and Engineering News page: 76

    M MARITIME MEDICAL CREW CARE Crew Care: Managing Mariner Medical Care By Joe Keefe he competent authority shall as the population on shore enjoys. But, the embarking any mariner, a trusted 2012. There are several key aspects to require that, prior to begin- that’s not always the case. In case of

  • MR Nov-19#74 E
EMISSION REDUCTION TECH FILES
Schottel Propulsion for)
    November 2019 - Maritime Reporter and Engineering News page: 74

    E EMISSION REDUCTION TECH FILES Schottel Propulsion for Emission-Free Push Boat The agreement between Wärtsilä and Norsepower will pro- mote the use of Rotor Sails & support sustainable shipping. Wärtsilä, Norsepower Sign Agreement The technology group Wärtsilä and Norsepower, a provider of low maintenance

  • MR Nov-19#72 E
EMISSION REDUCTION SCRUBBERS
Scrubbers: A 360-degree)
    November 2019 - Maritime Reporter and Engineering News page: 72

    E EMISSION REDUCTION SCRUBBERS Scrubbers: A 360-degree solution for shipowners and the environment By Scott Poulter, founder and CEO, Paci? c Green Technologies s part of the IMO’s com- vessel to LNG would be prohibitively ies being built are super-modern and will The second compelling reason to in- mitme

  • MR Nov-19#70 S
SHIPMANAGEMENT FLAG
Chevron Shipping 
& Unlocking the)
    November 2019 - Maritime Reporter and Engineering News page: 70

    S SHIPMANAGEMENT FLAG Chevron Shipping & Unlocking the Value of Flag Photo: Chevron hoosing which Flag to register ment to ‘doing the right thing’. some commercial shipping companies’ to minimize risk requires partnering your ships with is not a deci- Herron has seen ? rst-hand how sail- choice of ?

  • MR Nov-19#68 VOICES BORIANA FARRAR, VP, SENIOR CLAIMS EXECUTIVE &)
    November 2019 - Maritime Reporter and Engineering News page: 68

    VOICES BORIANA FARRAR, VP, SENIOR CLAIMS EXECUTIVE & COUNSEL, AMERICAN P&I CLUB Boriana enjoys giving back to the community which has sup- ported her throughout her ca- reer, pictured here with Martin Davies, the head of the Admiralty Law Center at her alma mater Tulane Law School, where she recently

  • MR Nov-19#66 VOICES BORIANA FARRAR, VP, SENIOR CLAIMS EXECUTIVE &)
    November 2019 - Maritime Reporter and Engineering News page: 66

    VOICES BORIANA FARRAR, VP, SENIOR CLAIMS EXECUTIVE & COUNSEL, AMERICAN P&I CLUB Trailblazer Boriana Farrar is a familiar face in maritime circles, the Vice President and Counsel and a Senior Claims Executive and Business Develop- ment Director for the Americas at the Ship Owners Claims Bureau, Inc.

  • MR Nov-19#64 VOICES NICK BROWN, DIRECTOR OF MARINE AND OFFSHORE,)
    November 2019 - Maritime Reporter and Engineering News page: 64

    VOICES NICK BROWN, DIRECTOR OF MARINE AND OFFSHORE, LLOYD’S REGISTER 5 minutes with LR’s Nick Brown By Greg Trauthwein “LR research suggests that the cheap- est zero carbon fuels are going to be at least double the price of fuels today.” Nick Brown, Lloyd’s Register Photo: Lloyd’s Register To kick things

  • MR Nov-19#62 OFFSHORE WIND THE INSTALLATION FLEET
14-meter leg extensions)
    November 2019 - Maritime Reporter and Engineering News page: 62

    OFFSHORE WIND THE INSTALLATION FLEET 14-meter leg extensions to manage off- transport of higher and heavier turbine Delft Offshore Wind Turbine Concept tion between research partners TU Delft, shore sites with deeper water and higher components. (or DOT), in just one hour, using the ? rst TNO, Van

  • MR Nov-19#60 OFFSHORE WIND THE INSTALLATION FLEET
key dimensions when)
    November 2019 - Maritime Reporter and Engineering News page: 60

    OFFSHORE WIND THE INSTALLATION FLEET key dimensions when installing larger to retro? t a crane, and it really is a head- Some are investing. ? rm. “They can lift all the components turbines; longer blades and heavier na- ache for wind turbine installation vessels Just four years into entering the off-

  • MR Nov-19#58 OFFSHORE WIND THE INSTALLATION FLEET
Bigger, Bolder)
    November 2019 - Maritime Reporter and Engineering News page: 58

    OFFSHORE WIND THE INSTALLATION FLEET Bigger, Bolder, Heavier Europe’s offshore wind market is growing faster than anyone expected, posing a challenge for the existing installation ? eet. By Elaine Maslin hile offshore wind is capacity. Last year, 2.4GW was added ing power into the grid in 2020/21, and

  • MR Nov-19#56 ENVIRONMENTAL GREEN SHIP RECYCLING
Mrs. Saltkjel stated)
    November 2019 - Maritime Reporter and Engineering News page: 56

    ENVIRONMENTAL GREEN SHIP RECYCLING Mrs. Saltkjel stated, “We are careful not but choose not to follow the regulations In order to ensure that EU SSR and HKC are making procedures that ? t the actual to use the words ‘certifying’ or ‘validat- when they are not being externally moni- are adhered to

  • MR Nov-19#54 ENVIRONMENTAL GREEN SHIP RECYCLING
n May 2014 National)
    November 2019 - Maritime Reporter and Engineering News page: 54

    ENVIRONMENTAL GREEN SHIP RECYCLING n May 2014 National Geograph- is tremendous pressure from both gov- The Wrong Way to Recycle A Vessels a cash buyer, the new owner will use a ic wrote an in-depth article on ernment regulators and within the ship- To place pressure on both shipowners number of different

  • MR Nov-19#52 ENVIRONMENTAL GREEN SHIP RECYCLING
Green Ship 
Recycling
A)
    November 2019 - Maritime Reporter and Engineering News page: 52

    ENVIRONMENTAL GREEN SHIP RECYCLING Green Ship Recycling A vessel placed in dry-dock in prepara- tion for recycling. Photos: Grieg Green Ship scrapping has long been controversial, the province of poorer na- tion with a laundry list of safety and environmental hazards. But times are changing, and Grieg

  • MR Nov-19#46 SHIPBUILDING USCG POLAR SECURITY CUTTER
the region. The)
    November 2019 - Maritime Reporter and Engineering News page: 46

    SHIPBUILDING USCG POLAR SECURITY CUTTER the region. The Coast Guard is the sole to man, and there are signi? cant natu- economic investments with every Arctic Urgent requirement provider and operator of the U.S. polar ral resources there,” said Coast Guard nation in key strategic areas, such as oil

  • MR Nov-19#44 SHIPBUILDING USCG POLAR SECURITY CUTTER
An emperor penguin)
    November 2019 - Maritime Reporter and Engineering News page: 44

    SHIPBUILDING USCG POLAR SECURITY CUTTER An emperor penguin poses for a photo in front of the Coast Guard Cutter Polar Star in McMurdo Sound near Antarctica on Wednesday, Jan. 10, 2018. The crew of the Seattle-based Polar Star is on its way to Antarctica in support of Operation Deep Freeze 2018, the U.S.