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

  • MT Apr-19#38 pling survey, mapping, hyperspectral photo work (met- of)
    April 2019 - Marine Technology Reporter page: 38

    pling survey, mapping, hyperspectral photo work (met- of the 47th Underwater Mining Conference in Bergen last als detection), environmental monitoring, risk assessment, year — yes, the 47th — organizers noted the achievements cutting-process observation and serving as equipment mules and attendance of a

  • MT Apr-19#6 Authors & Contributors
Carlon Manley Maslin
Paschoa)
    April 2019 - Marine Technology Reporter page: 6

    Authors & Contributors Carlon Manley Maslin Paschoa Murdock Stoichevski Chad has experience in mechanical Carlon Manley product design, manufacturing, and Ryan Carlon is responsible for Liquid Justin Manley is a technologist and testing for custom cable applications Robotics’, A Boeing Company,

  • MT May-19#33 Image: Sonardyne
Anna Botting 
from Sky News 
shown while)
    May 2019 - Marine Technology Reporter page: 33

    Image: Sonardyne Anna Botting from Sky News shown while live on television using BlueComm 200 UV ENGINEERED TO WITHSTAND to communicate YOUR ENVIRONMENT wirelessly subsea. DARK SABER LED Light + Laser + Strobe 11,000 Lumens suf? cient separation in the wavelengths to limit interfere

  • MT May-19#31 One of Sonarydne’s BlueComm units attached to one of the)
    May 2019 - Marine Technology Reporter page: 31

    One of Sonarydne’s BlueComm units attached to one of the Nekton mission submersibles. UNDERWATER UNDERWATER with 75m maximum range in which you sion happen. BlueComm 200 UV can ACOUSTIC RECORDERSACOUSTIC RECORDERS can operate and sustain up to 10Mbps is provide this link, securely and covertly.

  • MT May-19#6 Authors & Contributors
Manley Maslin Paschoa
Stoichevski)
    May 2019 - Marine Technology Reporter page: 6

    Authors & Contributors Manley Maslin Paschoa Stoichevski Tena executive with experience in startups, Folts Paschoa corporations, academia, and government. Greg Folts is Director of Business Claudio Paschoa is MTR’s contributor At Just Innovation Inc. he supports clients Development for Maritime

  • MR May-19#96 MR MAY 2019 Ad Index:Layout 1  5/3/2019  4:59 PM  Page)
    May 2019 - Maritime Reporter and Engineering News page: 96

    MR MAY 2019 Ad Index:Layout 1 5/3/2019 4:59 PM Page 1 ADVERTISER INDEX Page#Advertiser Website Phone #Page#Advertiser Website Phone # 41ABS Americas . . . . . . . . . . . . . . . . .www.eagle.com/environmentalcompliance . .(281) 877-6774 61International Registries, Inc. . . . . . . . . . .www.register-iri.

  • MR May-19#90 This directory section is an editorial feature published)
    May 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 May-19#88 P
PRODUCTS
Shell Launches Alexia 40
Shell Marine is)
    May 2019 - Maritime Reporter and Engineering News page: 88

    P PRODUCTS Shell Launches Alexia 40 Shell Marine is introducing Shell Alexia 40 – with a Base Number of 40 – a new two-stroke engine cylinder oil speci? cally for use with en- gines running on 0.5% sulfur content Very Low Sulphur Fuel Oil (VLSFO). Shell Alexia 40 has undergone thousands of hours of

  • MR May-19#86 V
VESSELS
Vard Delivers Ponant Cruise Vessel
Vard delivered)
    May 2019 - Maritime Reporter and Engineering News page: 86

    V VESSELS Vard Delivers Ponant Cruise Vessel Vard delivered Le Bougainville, its third expedition cruise vessel for Ponant. The 131m long, 184-passenger vessel, is the third in the series designed and built by VARD, following on from the delivery of Le Lap- erouse in June 2018 and Le Champlain in

  • MR May-19#84 V
VESSELS
Squid: The All-Electric Dolphin Watcher
Deep in)
    May 2019 - Maritime Reporter and Engineering News page: 84

    V VESSELS Squid: The All-Electric Dolphin Watcher Deep in the blue waters of Key West, Hon- est Eco’s founding captain, Billy Litmer, said its dolphin watching tours help their guests “understand and interact with wild- life from a curious yet courteous proximity.” In creating his eco touring company

  • MR May-19#82 TECH FEATURE • PROPELLERS
Prop Tech to Cut Underwater)
    May 2019 - Maritime Reporter and Engineering News page: 82

    TECH FEATURE • PROPELLERS Prop Tech to Cut Underwater Noise Left: Tip vortex cavitation from unmodi? ed propeller. “PressurePores has a major mitigating effect on propeller cavitation and URN,” says David Taylor Image courtesy: Strathclyde University and Oscar Propulsion Propeller technology has

  • MR May-19#80 B
BALLAST WATER MANAGEMENT: TOWARD COMPLIANCE
sampling)
    May 2019 - Maritime Reporter and Engineering News page: 80

    B BALLAST WATER MANAGEMENT: TOWARD COMPLIANCE sampling pumps, valves, actuators, UV Both workshop and survey feedback ? ed cases where faults in control-system Crew Training and Competency lamps, etc.), or the improper installation indicated that there was inconsistent software and hardware failures

  • MR May-19#78 B
BALLAST WATER MANAGEMENT: TOWARD COMPLIANCE
William)
    May 2019 - Maritime Reporter and Engineering News page: 78

    B BALLAST WATER MANAGEMENT: TOWARD COMPLIANCE William Burroughs William is a Senior Principal Engineer at ABS responsible for promoting environmental related services and providing guidance in support of international, national and regional marine environmental regulations. Bill’s previous experience

  • MR May-19#76 E
EMISSION REDUCTION: TECHNOLOGY REPORT
WOOD MACKENZIE)
    May 2019 - Maritime Reporter and Engineering News page: 76

    E EMISSION REDUCTION: TECHNOLOGY REPORT WOOD MACKENZIE FORECASTS A 25 PERCENT INCREASE IN PRICE FOR LOWER SULPHUR CONTENT FUEL BASED ON A SOX SCRUBBER ADOPTION RATE OF ABOUT TWO PERCENT, BUT SOME SCENARIOS COULD CAUSE LSFO PRICES TO SPIKE BY AS MUCH AS 60 PERCENT. percent. The price premium per metric

  • MR May-19#74 E
EMISSION REDUCTION: TECHNOLOGY REPORT
Jon Holloway & Jim)
    May 2019 - Maritime Reporter and Engineering News page: 74

    E EMISSION REDUCTION: TECHNOLOGY REPORT Jon Holloway & Jim Lerner Jon Holloway (left) is the Head of Strategy for Danfoss Power Solutions, based in Hamburg, Germany. Jim Lerner (right) is Vice President of Sales, Eastern US, for Danfoss Drives in Houston, Texas. Preparing for IMO 2020: Marine Emission

  • MR May-19#70 T
TECH FILES
ALFA LAVAL 
Sanmar, CAT: Hybrid Collaboration
P)
    May 2019 - Maritime Reporter and Engineering News page: 70

    T TECH FILES ALFA LAVAL Sanmar, CAT: Hybrid Collaboration PUREBALLAST 3 Alfa Laval PureBallast 3 Sanmar Shipyards was selected by received an updated type ap- Caterpillar Marine to build the ? rst proval from the U.S. Coast tug to incorporate its hydraulic hybrid Guard. Alfa Laval PureBallast propulsi

  • MR May-19#68 T
TECH FILES
DESMI BWMS 
Wärtsilä: Energy Storage on a)
    May 2019 - Maritime Reporter and Engineering News page: 68

    T TECH FILES DESMI BWMS Wärtsilä: Energy Storage on a ‘Giant’ EARNS USCG APPROVAL A benchmark installation of three out in February 2018 onboard the ating cost savings, and a total reduction DESMI Ocean Guard A/S energy storage systems by Wärtsilä North Sea Shipping AS owned subsea in annual fuel

  • MR May-19#66 S
SURVEY • MarTID 2019
Maritime Training Insights Database)
    May 2019 - Maritime Reporter and Engineering News page: 66

    S SURVEY • MarTID 2019 Maritime Training Insights Database (MarTID) 2019 Budgets Rise, Safety Rules, Autonomy Impacts The second annual global Maritime Training Insights Da- tabase (MarTID) survey recently closed, and full results will be published in the June 2019 edition of Maritime Reporter & Engineering

  • MR May-19#64 A
AUTONOMY: PUT TO THE TEST
Keith Henderson
Keith Henderson)
    May 2019 - Maritime Reporter and Engineering News page: 64

    A AUTONOMY: PUT TO THE TEST Keith Henderson Keith Henderson has been a contributor to New Wave Media publications for a number of years. Since 2001, he has been active in the Unmanned Surface Vessel business and is currently a Manager at Robosys Automation. Put to the test: Autonomous Navigation lobal

  • MR May-19#62 FERRIES: FERRY SAFETY & SECURITY
Photo Courtesy Alain)
    May 2019 - Maritime Reporter and Engineering News page: 62

    FERRIES: FERRY SAFETY & SECURITY Photo Courtesy Alain Haig-Brown Adam Schwetz of the Australian ? rm Schwetz Design explains the ? ner points onboard the new Chao Phraya Tourist boat. comprehensive and detailed. ference a presentation by the IMO’s Irfan In a similar vein, Gianluca de Rosa, Rahim

  • MR May-19#60 FERRIES: FERRY SAFETY & SECURITY
Photo Courtesy Alain)
    May 2019 - Maritime Reporter and Engineering News page: 60

    FERRIES: FERRY SAFETY & SECURITY Photo Courtesy Alain Haig-Brown One of the new Hop-On-Hop-Off Tourist boats approaches a pier on the Chao Phraya River while one of the wooden Express Boats departs. Photo Courtesy Alain Haig-Brown Ralf Lange, Director of Safety and Security for the international ferry ?

  • MR May-19#58 FERRIES: FERRY SAFETY & SECURITY
A look inside the fragmente)
    May 2019 - Maritime Reporter and Engineering News page: 58

    FERRIES: FERRY SAFETY & SECURITY A look inside the fragmented ferry industry, which recently held a Ferry Safety & Security event in Bangkok. Ferries Alan Haig-Brown reports from Thailand ? re and explosion and bottom damage “Death Toll in Phoenix Boat Accident Rises to 44” ... “Deadly Fire all

  • MR May-19#56 WORKBOATS: INSIDE THE U.S. WORKBOAT MARKET
The sidebar)
    May 2019 - Maritime Reporter and Engineering News page: 56

    WORKBOATS: INSIDE THE U.S. WORKBOAT MARKET The sidebar (see related story on page were drawn from both the RCP, but also and Bouchard’s Evening Breeze both escort services, Crowley Marine Servic- XX) provides further detail on COIs is- from the International Safety Manage- meet the EPA restrictions on

  • MR May-19#55 WORKBOATS: INSIDE THE U.S. WORKBOAT MARKET
A Foss Tug.)
    May 2019 - Maritime Reporter and Engineering News page: 55

    WORKBOATS: INSIDE THE U.S. WORKBOAT MARKET A Foss Tug. giant ADM). Grain major Bunge Corp, through an arrangement with Seacor Holdings Inc. (Seacor), controls a large dry barge ? eet and Marquette Marine (also active in grain trades). “Our inland marine transportation business experienced robust