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SEPTEMBER 12, 2013
PRAISE GOD CONTINUED BLESSING!
Official's of McCaughrin Maritime Global, A Division of Parent Corporation, McCaughrin Maritime Marine Systems., Inc., (MMMI-MMMU), www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, Announced Third (3rd) 2013 Quarter for Overseas Bulk Cargo Division (OBCD) Results, and Third (3rd) Quarter 2013 / 3rd Party Logisitcis (TBA) Firm for U.S. Container Operations Results.
Ms. Elizebeth G. McKeigh, Executive Vice President Corporate Operations Affairs, for McCaughrin Maritime Global, said The Third (3rd) 2013 Quarter for Overseas Bulk Cargo Division (OBCD) Was conservative as We lost Our Second (2nd) Chartered Pamax Bulk Carrier for a Schedule Five (5) Year Drydocking and Survey, The Pamax cost the Quarter the loss of #65,500 x 2 = #131,000 or -25% loss in cargo shipment that was mined, stored, sold, ship, and delivered. However Overseas Bulk Division, (OVBCD) with its The Deeper Harbour Dredging so the Pamax can sit deeper Vs The Previous Third (3rd) Quarter dredging depth in 2012 by +34.625%.
Ms. McKeigh said Third (3rd) Quarter 2013 / 3rd Party Logisitics (TBA) Firm for the U.S. Container Operations Result were met with better then positive results as Brian R. McCaughrin, Founder, President & Owner of McCaughrin Maritime Global, who has brought on a Third (3rd) Party Logisitcs Operator, That was Highly Recommended to Mr.McCaughrin by Well know shipping firm, with its own containers, ships, and conservative volumes of cargo movement, with lower fuel cost, and enabling to max their existing 20' footers containers that are in demand based on the pricing mix, and cutting over crowding of ships waiting to load / unload has earned the Division Another Positive +$2,500,000M for the Third (3rd) Quarter 2013, Vs Third (3rd) Quarter 2012 with few ships were: +500,000.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
Source: 3rd Party Logisitcs Firm (TBA)
AUGUST 6, 2013
PRAISE GOD BLESSING!
Official's of McCaughrin Maritime Global, A Division of Parent Corporation, McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, Announced a decision by both New York City: America Stock Exchange Invitation on July 21, 2013 and Acquisition offer by R.L. Hulett & Company, of St. Louis, Misouri of July 24, 2013.
Todays at a MMMSI Board of Directors Meeting, Mr. Brian R. McCaughrin, Founder, President, & Owner of McCaughrin Maritime Global, said Our company has been invite by 2 Major Organization's, First by Official's of American Stock Exchange Official's, www.amex.com/ On Wall Street, in New York City, New York on entertaining the idea of putting McCaughrin Maritime Global Stock up on its exchange, and The Investment Bank, of R.L. Hulett & Company, www. rlhulett.com/ Headquartered in St. Louis, Missouri for Acquisition offer from One of their Medium Size Logistics Player in USA, We have been hearing of American President Lines.
Mr. Peter Fisher, Director of R.L. Hullet & Company, Phoned Mr. Brian R. McCaughrin, and had asked Mr. McCaughrin, of his interest in eather selling the whole global Shipping Operations or Partner with a Major Logistics Firm (TBA) in USA.
Mr. McCaughrin said to Mr. Fisher, Thank You Sir, for this Honored Event. I'am very humble this day, For the Esteem Acquisition Firm of R.L. Hullet & Company, Have asked of our interest in this conservation in the past week by their Major Client's. McCaughrin's said this is not the first time McCaughrin Maritime Global, has been courted for Acquisition, Nor will it be the last time. McCaughrin's said in 17.7 yrs, McCaughrin's said We been viewed, invesgated, re-searched for purshase by all the Major U.S. Banking Group, Such as J.P. Morgan / Chase, PNC Bank / National City Bank, Citibank, Capital One, 5th/3rd Bank, Hunnington Bank, State Street Bank, & International Container Shipping Lines, MAERSK, MEDITTEREAN SHIPPING, CMA, HUMBURG SUD, HAPPAG LLOYD.
As I' stated to The past interested veiwer's, I'am very honored "but" NOT FOR SALE. Thank's for asking those.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
Source: American Stock Exchange
Source: R.L. Hullet & Company
Source: J.P. Morgan / Chase,
Source: Capital One
Source: PNC Bank / National City Bank,
Source: Hunnington Bank,
Source: State Street Bank,
Source: MAERSK Container Lines
Source: MEDITTERAN Shipping Lines
Source: CMA / CGM
Source: HAPAG LLOYD
Source: HAMBURG SUD
JULY 31, 2013
GOD DOES WORK IN MYSTERIOUS WAYS!
Official's of McCaughrin Maritime Global, A Division of Parent Corporation, McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® World Headquarters, in Wayne, Michigan, USA, /// Announced today of their most recent letter from Verizon Wireless Communication Inc., www.verizonwireless.com/ Headquarters in Basking Ridge, New Jersey.
Ms. Elizebeth G. McKeigh, Executive Vice President of McCaughrin Maritime Global said Our recent letters from Official's of Verizon Wireless have sent us Now Two (2) letters, One (1) Being a Bill for McCaughrin Maritime Global 24 Hrs Operations Number: 313-418-6573 of $921.00, up from, $421.00, 4 weeks time, and The Second (2nd) letter more or less is a DEMAND to take down All of McCaughrin Maritime Global Newsletters of May 31, 2013, / June 7, 2013, / June 10, 2013, / and July 4, 2013, That has now cost Verizon Wireless a total of $1Billion dollars in Negitive Public Relation, up from $75M of July 4, 2013.
Ms. McKeigh said we have not yet hit the mother load. We want Verizon Wireless to turn back on: McCaughrin Maritime Global 24 Hrs Operations Number: 313-418-6573 immediately
Official's of Verizon Wireless: TURN MCCAUGHRIN MARITIME GLOBAL 24 OPERATION NUMBER: 313-418-6573 OFF IN MIDDLE OF CONTRACT, GAVE MCCAUGHRIN MARITIME GLOBAL - NO WARNING OF THE SHUT OFF, REFUSED TO SENT MCCAUGHRIN MARITIME GLOBAL A DETAIL BILLING OF THE CHARGES BEING LAID AGAINST MCCAUGHRIN MARITIME GLOBAL, FOR $421.00 AND NOW HAVE RISEN TO $921.00, IN JUST 4 WEEKS AND THE SERVICE IS OFF?????. THE NUMBER IS NOW DELEATED...
So MCCAUGHRIN MARITIME GLOBAL, will continue this onslaught till ONE (1) things happen Verizon is out of business or Its lose it Tel-Communication license or both...We don't care.. MCCAUGHRIN'S WAYS WIN ON THE TRUTH...EVEN IF IT HURTS...WE DIDNT CAUSE THIS, BUT WE WILL FIX IT, AND FIX THOSE THAT ARE DIRECTLY RESPONSBILE FOR IT..
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
Source: Verizon Wireless Communication
JULY 24, 2013
GOD DOES WORK IN MYSTERIOUS WAY!
Dated: July 24, 2013
From: R.L. Hulett & Company - St. Louis, Missouri
Private Investment Banking & Acquisition.
Dear Brian R. McCaughrin,
R.L. Hulett & Company has been engaged by a US-based logistics company seeking acquisitions and we are reaching out on their behalf to determine your interest in selling McCaughrin Maritime Marine Systems.,Inc., (MMMSI- MMMU), www.mccaughrinmaritime.com ® In either all or a portion of your business.
Mr. McCaughrin, Our client is interested in acquiring asset-light logistics brokers and /or consulting companies with annual revenues between $10 and $200 million.
Our clients strategy is to partner with McCaughrin Maritime Global, and your management team, and inject capital to unlock the growth potential of your business. Our client will work with you to make a mutually agreeable offer that may include: Cash upfront for a percentage of ownership, current owner may hold onto an Ownership position.
Participation in growth, but not in funding - take chips off the table and Reduce risk, but still participate in the growth and success. Outsource many back office functions to allow management to focus on growing the business.
R.L. Hulett & Company (www.rlhulett.com) is a private investment banking firm serving middle market companies. Our role in this transaction is to evaluate companies such as yours, structure the financing, negotiate the acquisition, and guide the transaction to closing. WE ARE PAID ENTIRELY BY OUR CLIENT.
If you have an interest or would like additional information, please contact me at pfischer@rlhulett.com or call (314) 721-0607, ext. 126.
Sincerely,
Pete Fischer
Director
R.L. Hulett & Company
About R.L. Hulett & Company
Founded in 1981, R.L. Hulett & Company is a St. Louis-based investment banking firm specializing in middle market companies with revenues ranging from $10 million to $250 million.
We offer a wide range of services including: Mergers & Acquisitions Advisory / Private Capital Advisory / Strategic Planning Business Valuations / Financial Due Diligence Securities transactions conducted through StillPoint Capital, LLC
Member FINRA/SIPC
Sent By:
R.L. Hulett & Company, Inc.
8000 Maryland Avenue
Suite 245
St. Louis MO 63105
Pete Fischer
JULY 21, 2013
GOD WORKS IN MYSTERIOUS WAYS!
Official's of NASDAQ Stock Market, www.nasdaq.com/ Also know as American Stock Exchange on Wall Street, in New York City, Are entertained the Idea of inviting Mr. Brian R. McCaughrin, Founder, President & Owner, of McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU), www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, To consider listing The Private Shipping Corportion on The NASDAQ Exchange.
The NASDAQ Official's, who wished not to be know at this time untile a Schedule Corporate Meeting can be arranged with Mr. McCaughrin, to come and visit The NASDAQ Exchange Headquarters in New York, to discuss this long term investment opportunity for both parties.
The NASDAQ Official's would only say, we have been following Mr. McCaughrin firm's activites for some time as we do with other private companies, and each quarter Mr. McCaughrin's Private Shipping Firm Has shown significant growth, even during this global economic ressission when in comparission to his competitors in same market place.
Source: Inter-office NASDAQ e-mail - New York
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
JULY 12, 2013
PRAISE GOD CONTINUED BLESSING!
Official's of McCaughrin Maritime Global, A Division of Parent Corporation, McCaughrin Maritime Marine Systems., Inc., (MMMI-MMMU), www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, Announced Second (2nd) Quarter 2013 Results for Overseas Bulk Cargo Division (OBCD) Results, and Third (3rd) Quarters 2013 / 3rd Party Logistics (TBA) Firm for U.S. Container Operations Results.
Ms. Elizebeth G. McKeigh, Executive Vice President Corporate Operations ffairs, for McCaughrin Maritime Global, said The Second (2nd) Quarter 2013 Results for Overseas Bulk Cargo Division (OBCD) Was conservative Considering This Division lost our First (1st) Chartered Pamax Bulk Carrier for Its Schedules Five (5) Year Dry Docking and Survey, The Cost of the Quarter, The loss of #75,500 x 2 trips = #151,000 or - 25% loss in Cargo shipment that was mined, stored, sold, ship, moved, delivered. However Overseas Bulk Cargo Division, (OBCD) with The Deeper Harbour Resulted in dredging the harbor so that Pamax can sit deeper Vs Previous Draft depth, Second (2nd) Quarter of 2012 by +34.625%.
Ms. McKeigh said Second (2nd) Quarter 2013 / 3rd Party Logisitics (TBA) Firm for the U.S. Container Operations Result were met with positive results as Mr. Brian R. McCaughrin, Founder, President & Owner of McCaughrin Maritime Global, who brought in a 3rd Party Logistics Operator that was recommended to Mr. McCaughrin by well know shipping firm, with its own containers, ships, and conservative volumes of market, and with lower fuel cost, and enabling to max their existing container lot with more 20' footers and less 40' that are in less demand due to pricing the mix, and cutting over crowding of ships waiting to load / unload has earned this Container Division a Positive +$1,500,000M for the Second (2rd) Quarter 2013, Vs Second (2nd) Quarter 2012 with few ships were: +500,000.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
Source: 3rd Party Logisitcs Firm (TBA)
JULY 4, 2013
PRAISE THE LORD!
Official's of McCaughrin Maritime Global, A Division of Parent Corporation, McCaughrin Maritime Marie Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, michiagn, USA, Announced this week, that Official's of Verizon Communication Inc., www.verizonwireless.com/ Headquartered in Basking Ridge, New Jersey, Would like to settle this mis-billed problem as soon as possible, and has aked for McCaughrin Maritime Global for help in doing that...
Ms. Elizebeth G. McKeigh, Executive Vice President of Corporate Operation Affairs for McCaughrin Maritime Global, said get "your house in order first" Todate, Verizon Official's said mounting losses of $75M due to McCaughrin's Newsletter: WHAT'S HAPPENING AT MMMSI for May 19, and June 7, 2013, Has created mis-trust and negitive feedback for Verizon Wireless Overall.
Ms. McKeigh, said McCaughrin Maritime Global, has better things to do with its Newsletter and yet Verizon Wirless Communication, The #1 Tel- Communication, felt it right to do un-ethical scaming like made up bills without letting us see the overage now are going up to a totaling of $921.00, and you have lock us out of our own account without giving us advised notice of shut off service. How dare you, What did you expect McCaughrin Maritime Global to do? But go to press. As Mr. Brian R. McCaughrin, said THE TRUTH SHALL BE TOLD!. McCaughrin's said in 17.7 yrs we have never back down from a fight when "ETHICAL BUSINESS PRACTICE" Are called into Question! McCaughrin's said we have WON everyone of our battles on the TRUTH.
I guess being a excellent customer for 28 years account for nothing these days, and sadly No amount of money will ever fix the problem in the furture as Verizon has been caught 3 times as scaming larger mobile bill then what is called normal. McKeigh said we know for a fact, that people have been fired in both billing dept, All the way up to and not Excluding The Executive Offices over these 2 Newsletter of WHAT'S HAPPENING AT MMMSI For May 19, and June 7, 2013.
McKeigh said These 2 Newsletter by Brian R. McCaughrin, The Founder, President, & Owner of this Corporation will stand as a quick reminder to Verizon Wireless Communication or to Anyone else, that this type of cheap shot, shoot from the hip, type un-ethical business practice, will not be tolerated at McCaughrin Maritime Global, or Any McCaughrin Subsidiary! Or you and Your firm will end up on MMMSI Newsletter, Got it!.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
Source: Verizon Wireles Communication.
JUNE 10, 2013
GOD DOES WORK IN MYSTERIOUS WAYS!
Official's of Verizon Wireless Communication, www.verizonwireless.com/ Headquartered in Basking Ridge, New Jersey, Has contacted Mr. Brian R. McCaughrin, Founder, President, & Owner of Wayne, Michigan Based: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU), www.mccaughrinmaritime.com ® About a change in course tatic.
The Official's of Verizon who refused to give his name in veiw of who Mr. McCaughrin is, and the kind of negitive clout, he dish out to those who do un-ethical business practice, is just the tip of the ice berg. We here at Verizon wish to express our serious concern from Mr. McCaughrin's Corporate Newsletter, WHAT'S HAPPENING AT MMMSI FOR MAY 31, 2013, JUNE 7, 2013, and find some kind of mutual agreement toward pulling it down and getting back to business.
Ms. Elizebeth G. McKeigh, Executive Vice President of Corporate Operations Affairs for McCaughrin Maritime Global, said May 31, 2013, and June 7, 2013 Corporate Newsletter, said it all. If Verizon cant understand the ramification of that, then why are they in tel-communication to begin with.
Mr. McCaughrin, has talked to those in charge at Verizon for 2 weeks before posting The Newsletter to the billion to read the "TRUTH" about #1 Mobile Phone Corporation.
As Mr. McCaughrin has said in the past, if those dont want to listen to reason, They will now for rest of their life!!! This Newsletter stay put as a quick reminder, That Un-Ethical Busines Practice is not tolerated at McCaughrin Maritime Global, or Any of Our Subsidiary!
Source: Verizon Wireless Corporation
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
JUNE 7, 2013
PRAISE THE LORD!
Officials' of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquarters in Wayne, Michigan, USA /// Announced its lastest firing of 28 year Global Partnership with Verizon Wireless Communication, www.verizonwireless.com/ that span back to 1985 with the orginal bag phone...
Mr. Brian R. McCaughrin, Founder, President & Owner of McCaughrin Maritime Global, said it is indeed a sad day when you have to fire someone or some company when they do un-ethical things to gain the upper hand on someone else's finances, and that is called FRAUD" at the highest level. Verizon Wireless, has ben called on the carpet Two (2) other times, and the charges were removed and this last time, and Officials' at Verizon cant explain in writing, or any e-mail's, or on the phone as to Why McCaughrin's got this bill for $421.00 for its Corporate 24 Hrs Blackberry Number, and the phone usage is on but usage is less then 1%, so 90% of the time its sit un-used.
Our April 2013 bill was paid 2 weeks before it was due, and we got hit with numerous late charges of $5.00, and then 2 overage that were not explained, but billed and hit again with $181.00 dollar overage and and another $5.00 late fee... and another $228.00 Overage. McCaughrin's said Our bill runs a monthly charge of $55.60, and It comes with all the gadets.
McCaughrin's said for the past 7 yrs 99% of our business is done by internet, and by Skype so the usage of 24 Hrs Operations of Blackberry Cell Phone is amost non existance like the fax machine in 2006 that was thrown out for lack of usage for 5 yrs before that..
Verizon employee stated in April 2013, that Cloning / Cloud, has been mentioned as a possible problem at but Senior Verizon officials later was dis-counted and employees was removed to another part of the company for mis-speaking. So Mr. McCaughrin said I sent numerous concern letters to the Officials at Verizon World Communication Headquarters in Virgina that Houses not only Verizon Global Network, but also U.S. Goverment Business and some MIltary Business Network Communication.
These over-states fraud carges if not resolved, removed, or deleted from our file will cost Verizon far more then money, reputation, it could cost them their global communication licenses, customers , ect, ..... McCaughrin's said we veiw this kind of un-ethical business practice as simple FRAUD, Stealing, Lieing, Cheating at the highest leval. Verizon has been creating false billing to make money off others. We know of 5 people that have dump Verizon over this same exect issue and asked me to watch the following May 2013 month bill, which is where we are now. If I' am having problem, who else isnt having problem's with this cell phone bill on overage, This is being done to pad, add cost to customer billing each month.
McCaughrin, said the last time any one who got fired from this Corporation, was DHL, and that cost them $24M in first 24 hours and including later firing All of its Executive at the Top, when McCaughrin's refused to take down its Corporate Newletter, "WHAT'S HAPPENING AT MMMSI, for Un-Ethical 3rd Party Billing Practice, this will looks like child plays in comparission to this time around when Verizon lose it Global Communication Licenses for Cloning someones else cell number. Their are too many people complaining about Verizon, on same issues and being caught at it. The Buc stop here punk.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
Source: Verizon Wireless Communication Inc.
JUNE 5, 2013
HOW GOD WORKS IN MYSTERIOUS WAYS!
Official's of McCaughrin Maritime Global, A Division of Parent Corporation McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU), www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, /// Announced New Expansion Plans in The Middle East Region of Muscat, Sultanate, The Country of Oman.
Ms. Elizebeth G. McKeigh, Executive Vice President of Corporate Operations Affairs for McCaughrin Maritime Global said, Mr. Brian R. McCaughrin, Founder, President, & Owner of McCaughrin Maritime Global, recieved a telephone call on Sunday Morning after Church Service in Valleta, Malta, by Senior Sale Executive, Mr.H. Sufiuudin of Esteem Al Madina Logistics Service S.O.A.C. (AMLS) , Headquartered in Muscat, Sultanate of Oman, to formally accepted a business invatation to consider setting up representation of McCaughrin Maritime Global Container & Bulk Cargo Markets in The Country of Oman.
Mr. Safiuddin, said of Al Madina Services, S.O.A.C., Is The Leading Third 3rd Party Logisitcs Shipping & Service Firm in Country of Oman and is focus on domestics and international freight and well respected among its peer since 2008, and Where McCaughrin Maritime Global, is looking to expand its bulk cargoes, and containers service markets beside already expanded in Saudia Arabia and The Country of UAE to China.
Mr. Safiuudin said we look forward of braking bread and talking to Mr. McCaughrin and McCaughrin Maritime Global which is highly regarded as game changer in global shipping today, and why this partnership will further solidifed global presence where Al Madina Service, S.O.A.C., have representation in 200 Countries, and McCaughrin Maritime Global, have secured in 17.6 yrs on 7 Continents.
Source: McCaughrin Maritime Marine Systems. ,Inc., (MMMSI-MMMU)
Source: Al Madina Logistics Service S.O.A.C. (AMLS) - Oman
MAY 31, 2013
GOD WORKS IN MYSTERIOUS WAYS!
Official's of McCaughrin Maritime Global, A Division of Parent Corporation McCaughrin Maritime Marine Systems., inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® World Headquarter in Wayne, Michigan, USA /// Are Making Plans for The Worst.
Mr. Brian R. McCaughrin, Founder, President & Owner, of McCaughrin Maritime Global, said because of brakedown in on going talks with Verizon Communication over McCaughrin Maritime Global, 24 Hr Operations Probems Over Billing on 688 minutes of Un-Ethical Overage charges and numerous late charges being pounded on us will not be torlerated.
McCaughrin's have hired Skype Communication Overseas and Brought in Metro PCS on a temporay measure to keep 24 Hrs Communication open in spite of Verizon tatic of shutting down our communication which they can, but we will be perpared in advance
Sadly this is not the direction McCaughrin's wishes to go in, but with No room to meauever its position on Ethical standard and the fact that we have stayed with Verizon for 28 yrs history, said somethink about Verizon product's, and excellent global mobile communication systems. "But" we also cant stand back and allow a giant like Verizon to take un-fair advantage over McCaughrin's in hope to sucker more money out of us on into paying 688 additional overage charges totaling $421.00, and this is called fraud, which is stealing, lieing to pad one's bottom line to create profit for the corporation, and that wont happen.
The fact that Verizon has been caught 2 other times for the same thing only to tell us, YES, Verizon said we see huge mistake and the bill will re-flect that and bill taken to zero, only to be told 60 days later you still have not paid your excess overage McCaughrin's said to Verizon, this is the direction you want to go in. Great.... As McCaughrin has said in past "It's The Principal of the Point".
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
Source: Verizon Wireless Communication
Source: Skype Communication Limited
Source: Metro PCS
APRIL 21, 2013
PRAISE THE LORD!
Official's of McCaughrin Maritime Global, A Division Parent Corporation McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU), www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, /// Announced 2nd Quarter Overseas Bulk Division, (OBD) 2013 Results & 1st Quarter / 3rd Party 2013 U.S. Container Operations Results.
Ms. Elizebeth G. McKeigh, Executive Vice President of McCaughrin Maritime Global, said The Bulk Overseas Division (BOD) Has out spaced production in Sand movement from Indonesia to Hong Kong by additional 10% 1st Quarter 2013, was: 245.321% from 1st Quarter Bulk Overseas Division (OBD) 2012, were: 189.585%, and (+) increase of 55.736%.
McKeigh said we have invested in adding 6 more conveyor belts, easing up on the belts that were original put in, and upping the speed to 8,000 tons per hour, from 7,500 tons per hour and have further cut loading time by 90% and increasing tonnages to #290,000, which is 3 month earlier then what was planned. With a draft of 95 feet giving us more drafth to work with and making sailing safe and smooth, we are where we want to be. Our task is help bring the customers to where they want to be for the long term, and build long term relationship in that.
Right now McCaughrin's are 1.5 yrs ahead in making this operations scream, and knowing we will lose one of our Pamax bulkers for its 5 yrs ABS Survey and Drydocking Certification for about a month.
McKeigh, said 1st Quarter 2013 / 3rd Party U.S. Container Results were: $2.5M Vs 3rd Party U.S. Container Results for 2012 Results: $150,000 loss, An increase of (+) of $2.0m. McKeigh said this increase was adjusting to fixed cost and adding bunkers cost to fix cost to offset loss per containers from Foreign Ports to American Ports as rail to truck to ship. McCaughrin's in 2nd Quarter of 2012, withdrew 3 / #4,500 TEU Container ships from the market place and signed 16 months Limited Partnership to show McCaughrin's they could cut cost by 60% from its operations with their Partners own ships and containers. In 12 months, McCaughrin's said Partners have only managed to save McCaughrin's +30% with only 4 month left to gain +30% more. It a long shot at best...but we will wait... McCaughrin's has #35,000 TEU containers in global storage as we speak.., because of this economic downturn of 2007.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
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