Teekay Corporation CEO Bjorn Moller to Retire in 2011

Just announced today by Teekay, the world's leading operator of medium sized tankers. Hamilton, Bermuda, September 29, 2010 - Teekay Corporation (Teekay or the Company) today announced that its President and Chief Executive Officer (CEO), Bjorn Moller, has informed the Company of his intention to retire from these positions in the spring of 2011, after more than 25 years of … [Read more...]

John N. Cobb – Recent Retiree Being Named to The National Register of Historic Places

After being decommissioned this past August after 58 years of service, NOAA's oldest and only wooden research ship that remained in its fleet, the John N. Cobb, will now be named to the National Register of Historic Places.  NOAA tells us: Following a mandated federal review in March, Cobb will join more than 80,000 places deemed significant in American history, … [Read more...]

Mariner Finance 101 – 401k

  Mariners, Take Full Advantage of Your 401K   By Capt. Ben Dinsmore As shipping companies continue to phase out defined pension plans for an ever increasing number of mariners, the 401k has become the cornerstone of many American seafarers' retirement plan. Unfortunately, success is not guaranteed with these plans and mariners need to take the following … [Read more...]