“The Foss name is the oldest and most globally recognized
name within our family of companies,” unified Foss Maritime President & CEO
Paul Stevens said. “It celebrates a rich maritime tradition that includes
century-long service and a record of safety, innovation and quality for our
customers.”
The move to consolidate all subsidiaries under Foss Maritime
Co. Stevens said, signals a move to a simplified operating structure that
reduces layers of management and streamlines decision-making.
Under the new structure, Foss Maritime is reorganizing into
four divisions. They are:
Marine Transportation Services, headed by former Chief
Operating Officer Gary Faber. This division includes the company’s ocean towing
and global services including project cargo and logistics.
Technical & Engineering Services. Also headed by Faber,
this division includes marine engineering and naval architecture as well as the
company’s shipyard operations in Rainier, Ore. and Seattle, Wash.
Harbor Services, headed by Scott Merritt. This division consists
of all harbor services such as ship assist and tanker escort activities
provided by the company.
Liner Barge Services. Headed by Glenn Hong, this division
includes the services of Young Brothers, an intra-island freight and transportation
company based in Honolulu.
The new structure’s aim, the company says, is to enhance
Foss’ competitive position in a quickly changing market place, improve overall
efficiencies and more closely align the company with customer requirements.
“For the vast majority of Foss employees, the reorganization
is simply business as usual,” Stevens said.
Stevens also characterized the decision to unify Foss’
operations under a single name as an opportunity to consolidate assets and
better focus resources.
“The unification is the next step to enable Foss to focus on
new and growing markets, including potential business opportunities in Alaska,
where oil and gas activity is gaining strength,” he said.
