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CARBON TAX ON BUNKER FUEL
IMO is looking at a global levy (tax) on marine fuels. Do you think this is

a really good idea
an unfortunate necessity
a bad idea
a really bad idea

Marine Log

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June 25, 2008

Still American, but no longer Aker

Aker American Shipping ASA--which owns and leases out the Jones Act tankers built at Aker Philadelphia Shipyard--today held an extraordinary general meeting,

The meeting follows Aker ASA's reduction of its stake in the company from 53.2% to 19.9%.

The meeting decided, among other things, to change the name of the company to American Shipping Company ASA. The company will be listed under a new ticker, "AMSC," as soon as the change of name has been officially registered.

In addition, some changes were made in the board of directors, whose members are now:

Robert (Bob) N. Caruso (chairman), Gary Mandel, Annette Malm Justad, Hege Yli Melhus and John Rose.


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