Page 10 - Port of Baltimore Magazine January/February 2016

PORT SOUNDINGS
Andy Nixon and Capt. Mike Reagoso. AWARDS
Nixon Recognized for Years of Service at the Port
Andy Nixon, Vice President of Rukert Terminals Corp., was presented an award at the January meeting of the Baltimore Port Alliance (BPA) for his years of service to the group and the Port of Baltimore. Nixon is the co-chair of the BPA’s Education Committee and has been instrumental in providing outreach at the Port. 􏰀
NEWSMAKERS
Choptank Transport’s Covey Named Caroline Chamber Board President
Steve Covey, Executive Vice President of Choptank Transport, was appointed by the Caroline County’s Chamber of Commerce as President of its Board of Directors.
Covey, a lifelong Caroline County resident, joined the Chamber in 2011 and the Board
of Directors the following year. Covey’s desire to connect with other businesses and share ideas for growth and opportunity in the county, where Choptank Transport has a growing presence, was a natural fit for the Chamber, accord- ing to Amy Kreiner, the Chamber’s Interim Executive Director.
“I’m really looking forward
to working with Steve,” Kreiner said. “He brings a lot of energy
to the Chamber and a passion for improving and vitalizing the county. I can’t wait to help put some of these initiatives in motion.”
Covey said that creating
a forum for open and honest collaboration between business and government and business and education was a strong motivator when he first joined the board.
He also saw value in getting Choptank’s brand out to other Chamber members through its “Lunch & Learn” meetings and social media channels.
“My vision for the Chamber as president is to continue to attract new members while empowering current ones,” said Covey. “We will focus on individual and
group interests while listening
to and acting on suggestions
for improvements that will help businesses and the community.” 􏰀
NEWSMAKERS
WWL Reaches Deal to Form New Ownership Structure
Wallenius and Wilhelmsen have signed an agreement for a new ownership structure for their jointly owned investments in Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll-on Roll-off Carrier.
Wallenius and Wilhelmsen announced their intent to merge into one entity on Sept. 5, 2016. The new unit will be named Wallenius Wilhelmsen Logistics ASA (WWL ASA) and listed on the Oslo Stock Exchange.
In addition, the firms have agreed to merge the ownership of the majority of their vessels and other affected assets and liabilities into this entity. The final closing of
the merger is expected in early April, subject to relevant regulatory and shareholders’ approvals.
“Signing the transaction agreement is an important milestone taking us one step closer to the merger and the
creation of the new Wallenius Wilhelmsen Logistics ASA group,” said Craig Jasienski, CEO of WWL and EUKOR Car Carriers. “We are bringing together five companies with a rich heritage, proven capabilities and an unrivalled market presence to create an efficient and agile platform for future growth of both our ocean- and land-based logistics.”
Jasienski is also the designated president and CEO of WWL ASA. 􏰀
[8] The Port of Baltimore ■ January/February 2017