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JULY 25, 2010
PRAISE THE LORD!
Official's of Diversity Business Communication (www.diversitybusiness.com/) of Southport, Connecticult, Has invited Mr. Brian R. McCaughrin, Founder, President & Owner of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA To Register for The 11th Annual "TOP Business in America" Recognition Program.
Mr. Bill Stokes, A spokeperson for Diversity Business, said the recognition program shows that people prefer to do business with experienced and successful companies. Each year DiversityBusiness.com collects, and compiles the Top Business List' on a State and National basis. The data is used to determine the TOP Businesses and the most successful Entrepreneur's across the United States.
Mr. Stokes said: These businesses and individuals become part of our Div500 awards program. Making the list provides significant media exposure and puts your company name in front of Fortune 500 companies, Government Agencies and College/Universities looking to do business with privately-held businesses. This year's program will determine the: Top 100 Privately-Held Businesses in each State in the United States.
This marks the 11th year for this massive national data collection effort. Mr. Stokes, Last years winners received enormous recognition and exposure for their companies.
Mr. McCaughrin, said I am very proud of the accomplishment that this Privately owned Shipping Corporation: McCaughrin Maritime Maritime Marine Systems., Inc., (MMMSI-MMMU) has made over 14 yrs, and I am very honored to be part of Diversity Business Communication, and Mr. Bill Strokes, Invitation of the11th Annual TOP Business in America Recognition Program for 2010. /// With GOD at The Helm of MMMSI This is where the recognition belongs.
Source: Diversity Business Communication, (DBC)
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
JULY 12, 2010
PRAISE GOD CONTINUED BLESSING!
Official's of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, /// Announced 2nd Quarter Overseas Results for 2010, and The Paying Down of U.S. Operations Debt.
Ms. Elizebeth G. McKeigh, Executive Vice President of Corporate Operations Affairs, for McCaughrin Maritime Global, said 2nd Quarters Overseas Results for 2010 were: 112.882% vs 58.20%, for same period of 2009, An increase of 54.682%.
Ms. McKeigh said the continued sucess of the Corporation growth, and expansion in The Overseas Bulk Trade in Asia is because of Mr. Brian R. McCaughrin, Founder, President & Owner of McCaughrin Maritime Global, Plans in slashing 75% of the world container market trade out for The Bulk Trade for Next 5 yrs is paying off, and This is the Corporation 4th Straight Quarter of Positive Overseas results. The last 2 Quarters of 2009, The First 2 Quarters of 2010. The 3rd Quarter Results of 2009 were: 73.586%, 4th Quarter Results of 2009 were: 168.785%, / 1st Quarter Results of 2010 were: 130.000%, and 2nd Quarters Results for 2010 were: 112.882%. These 12 months of rapids increase of 485.253% from the container market to The bulk market in overall trade changes.
Ms. McKeigh, said The Global Container Market overall in past 20 months has lost well over $25 billion dollars, and has shrunk the numbers of players hauling these containers, and the fallout has not stopped as yet, as Mr. McCaughrin would state: we are simply waiting for the other shoe to drop, 20 months ago was a walk in the park in comparission to the next shoe that drops will make the past 20 months look like child play.
McCaughrin's said Our competitors are only hanging on now by its bank, giving out more money, with higher interest rates, and those right now are still floundering in red ink, dont think for one second these shipping lines are out of trouble. They just bought time to re-organize their existing debt for the next shoe to drop that is all. Their bank lender are just taking on more of their shipping lines clients debt that all, and the banks now own a bigger pcs of the shipping lines they represent. For shipping lines, Higher interest on borrowed New Money will go toward eating up any profit they expect to make by gouching customers on out of controls container rates, handling fees, and fuel surcharges.
For McCaughrin Maritime Global, We didnt take on any New Loans for the Corporation from its Banker Group. We cleaned house instead, and in 14 yrs McCaughrin's been in business, We rack up $500,000.00 in debt in 2006, and in Past 4 yrs, Have paid down $399,500.00 in Debt in 4 yrs in a timely fashion, and that is called: financial responsbility.
On another note: Ms. McKeigh, said on June 1, 2010, Federal Deposit Insurance Corporation (FDIC) Washington, D.C., Announced the closing of another 90 U.S. Bank, that is up from the previous announced, April 12, 2010, of MMMSI Newsletter, that was 66 U.S. Banks Closed. Now FDIC, said a further 789 Banks are at stake, instead of the stated 300 banks, that is up 489 Banks in less of 80 days later, because of continuing mass losses in the home/business financial sector which means: The Working U.S.Taxpayers will be asked to shell out more money to bail these flounder banks out in New taxes. Who going to bail out The U.S. Tax Payers when they are out of jobs, and home?
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
Source: Federal Deposit Insurance Corporation (FDIC)
MAY 25, 2010
PRAISE GOD FOR HIS MIGHTY BLESSINGS!
Official's of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, /// Announced a surge of interest from Mainland China Goverment.
Ms. Elizebeth G. McKeigh, Executive Vice President of Corporate Operations Affairs for McCaughrin Maritime Global, said that Mainland China Goverment, has increased its interest in McCaughrin Maritime by 25% to 75% from 50% as of Febuary 12, 2010 on McCaughrin Maritime Global's Intention to Established its Foreign Subsidiary in One of 2 locations in China in 2011.
Ms. McKeigh, said Mr. Brian R. McCaughrin, Founder, President, & Owner, of McCaughrin Maritime Global, has made it very clear that China is the Controlling Interest of World Business, and in order for McCaughrin's to Expand its Market Base further in China in the Bulk Trade, and Container Trade, with sucess, we must make a point in setting up shop in China to expand McCaughrin Maritime Global Service Product's.
Country of China clearly knows, McCaughrin's can undercut our competitors by mid range rates in freight because McCaughrin's overhead is near zero, and our space for land operation is zero, because of our long term agreements with its General Agencies Partnership Alliances Members Network (G.A.P.A.M.N.) which represents McCaughrin's interest in these 3rd World Countries on 7 Continents.
McCaughrins dont go for fancy building's nor fancy suites overseas to move cargoes for clients, McCaughrin's tonnages is our leverage card for that. Mr. McCaughrin said, when you pull up into a Foreign Port with Gleaming Clean Pamax Bulk Carriers with carrying capacity between #65-75,000 deadweight tonnages, We have made our point clear to the clients, we will do what ever is nessary in principal to secure a cargo for the long term.
McCaughrin's sand movments from Malaysia to China for past year and half is just a small sample of what McCaughrin's are trying to acomplish in China. McCaughrin's said Capesize vessels will not work on what we are trying to accomplish in China for the future in the bulk trade their.
Ms. McKeigh said competition is tuf in China, but that what makes competition what it is today, being who you are, and being flexable to change, For Mr. McCaughrin, been down this road many times, and knows what it going to take to get their, as Mr. McCaughrin would say, we will start out playing nice to be competitive to secure long term contracts between Asia Countries for McCaughrin's. Our competitors can have their majority of the pie, we just need the crums to operate on for the long term, "However" if Competitors get greedy, which Mr. McCaughrin strongly belives they will, and gouge for the crums, Playing nice will change to McCaughrin's deep discount rates, and we will see how long these guys, can go toe to toe with McCaughrin's. With experiences of being broke three times, and bankrupt in 1998, McCaughrin's know just how low you can go before saying uncle in the shipping business, We are very keen to staying ahead of the curve, in paying down debt, and expanding at the same time, which is challenging to do in both segment, but McCaughrin's have been blessed at it because it protect, and respect what it can keep on it side of the table.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
APRIL 27, 2010
PRAISE GOD FOR HIS BLESSINGS!
Continental Who's Who Brian R. McCaughrin is Recognized as an Elite Constituent in His Industry as Founder, President and Owner of McCaughrin Maritime Marine Systems, Inc.
WAYNE, Mich., April 27 /PRNewswire/ -- Continental Who's Who Brian R. McCaughrin is recognized as an elite constituent in his industry as Founder, President and Owner of McCaughrin Maritime Marine Systems, Inc. www.mccaughrinmaritime.com ®. McCaughrin Maritime Marine Systems is an International transportation service that specializes in container cargo shipping and uses the latest technologically advanced vessels in the market place. Brian's dedication is such that he runs the day to day schedules, is Director of Operations and is an expert in International Marketing.
Brian holds a Bachelors Degree in International Marketing from William Tyndale Christian College, Farmington Hills, MI and additional certified diplomas in Management Fundamental and Business Psychology from Macomb Community College, as well, an EPOC Certification (Empowering Personal Orientation Charge). Continental Who's Who commends Brian R. McCaughrin for his dedication to his affiliations including Promise Keepers, Christian Mission Projects Overseas, and helping others that are less fortunate and in 2010 he received the Professional of the Year Award.
Brian's goal is to continue to work with 3rd world countries and to push for unity of market trade to the world industries. His passion, expertise and personal beliefs has aided in making McCaughrin Maritime Marine Systems, Inc. a success and Brian an established business leader. Wherever Brian places his convictions he has proven great accomplishments and achievements.
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SOURCE Continental Who's Who
APRIL 12, 2010
PRAISE GOD BLESSING !
Official's of McCaughrin Maritime Global, A Division of McCaughrin Maritme Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA /// Announced 1st Quarter 2010 Overseas Results for the Corporation.
Ms. Elizebeth G. McKeigh, Executive Vice President of Corporate Operations Affairs for McCaughrin Maritime Global, said 1st Quarters Overseas Results Were 130.621 vs 79% for 1st Quarter 2009 an increase of 61%.
Ms. McKeigh, said Mr. Brian R. McCaughrin, Founder, President, & Owner, of McCaughrin Maritime Global's Plan to Slash 75% of its Containers Market Trade and move into The Bulk Trade, Is paying off in the Past 3 Quarters, The Past 2 Quarter of 2009 & 1st Quarter of 2010. // 3nd Quarter 2009, Results: 73.586%, 4th Quarter 2009 Was: 168.785%, and 1st Quarters 2010 Results were 130%. These 9 months of rapid increase of 372.992% market trade changes from McCaughrin's slashing 75% in container trade to entering the the bulk trade.
Ms. McKeigh, said 1st Quarters 2010 Results for U.S. Operations, remain 3% with Negitive growth since 2007 with too mush tonnages for too little cargoes and with foreign operation controlling 97% of U.S. Trade from Overseas Countries, and with raised TEU containers rates out of control, "McCaughrin's are not expecting Any pie in the sky fix here for the next 5 yrs", and we will not get involed in a rate game, McCaughrin's tried that last time, and everyone matched us, and then our competitors raised the rates months later after bailout by its banks.
McCaughrin's would be at huge dis-advantage because most of these shipping lines got bailouts and McCaughrin's didnt, We instead slashed 75% of the container market, and went in New Direction, never tried before, and it worked.
Ms. McKeigh, said McCaughrin's USA Operations Debt at $120,500.00, Down from $500,000.00 in 2006. McCaughrin's have cut 10 yrs of principal, and $379,500 of debt while International Operations debt is $000,000,00. McCaughrin's have been playing conserative for 14 yrs, and managed alot of leverage debt in timely fashion. Now McCaughrin's have a Platium Credit Rating.
Ms. McKeigh, said Mr. McCaughrin had warned everyone, that The Economic Depression of 2009/2010 has not bottomed out yet, and with 140 U.S. Banks failing in 2009 as posted by it Federal Deposited Insurance Corporation, (FDIC) This has not stopped the hemmeraging of bad debt continuing. Sadly in First 5 months of 2010, (FDIC) has quitely closed down another 66 U.S. Banks, and these bank closing are expected to reach 300 by end of 2010. The worst year in banking business. Only 25 banks failed in 2008.
Source: McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU)
Source: Federal Deposit Insurance Corporation
Source: Fierce Finance (www.fiercefinance.com/)
MARCH 11, 2010
PRAISE THE LORD!
Official's of Cortera Inc., (www.cortera.com/ of Boca Raton, Florida, Have come calling on McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems.,Inc., (MMMSI - MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, About an end of smearing campaign of negitive business credit rating against McCaughrin Maritime.
Mr. Jason Matthews, Vice President & Councel for Cortera Inc, said we are looking for a peacfully solutions to this, and YES this Corporate Newsletter that: McCaughrin Maritime Marine Systems., Inc., (MMMSI) has posted on its Web Site: WHAT'S HAPPENING AT MMMSI for Febuary 6, 2010 has caused alot of negitive feedback for Cortera Inc.
Mr. Matthens, said its is hoped we can work with Mr. Brian R. McCaughrin, Founder, President & Owner of McCaughrin Maritime Marine Systems., Inc., (MMMSI) in effort to pull down McCaughrin's Newsletter.
Mr. Matthens, said we have contacted the Principal of www.google.com/ about taking down: MCCAUGHRIN MARITIME MARINE SYSTEMS., INC., Listing Information and Cached also, but Google didnt give us a time line of when this would be accomplished and now Google Officials now are saying "This is Pending, and that is where it at.
Mr. McCaughrin, said the word: "PENDING" doesnt work with me or this Corporation, When it take 10 months for the legal dept to get involed at Cortera, We, The Corporation, are shocked. This smearning campaign should of never gotton to this point, and yet You and Cortera Inc, allowed it. SHAME ON YOU.
McCaughrin's said Cortera, changed the Business Credit Rating, Which is Payment Behavior history in paying your banks & clients in a timely fashion, Cortera Inc., went and took McCaughrin Maritime Marine Systems., Inc., (MMMSI) from Average Payment to "Unknow Rating" on Febuary 5, to NO RATING on Febuary 6, 2010. This shooting from the hip is both un-professional, un-warrented, and admitting to it is even worse.
Mr. McCaughrin, said Cortera, and Google Official's have McCaughrin Maritime and myself up on Google's International web site, so in veiw of that the Newsletter stays up. When Google take that version down, McCaughrin's will then take downs the newsletter but not till then. So far they are both dragging their feet on this.
Source: Cortera Inc
Source: McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU)
FEBUARY 21, 2010
PRAISE GOD BLESSING!
Official's of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® World Headquarters in Wayne. Michigan, USA, /// Announced today that Mr. Brian R. McCaughrin, Founder, President, & Owner of McCaughrin Maritime Global, Has been Nominated for "Man Of the Year 2010".
Mr. James M. Evans, President of American Biographical Institute, Inc., www.abiworldwide.com/) of Raleigh, North Carolina said the Institute's International Board of Research, voted on your nomination due to Mr. McCaughrin's, continued global efforts in bringing global recognition to these 3rd World Countries together, where McCaughrin Maritime Global Serve 90% of Third World Countries on 7 Continents of the World, As accomplished indivual. This in itself is very difficult, Congratulations.
Mr. McCaughrin, said I am very blessed indeed to be honored by this special invitation by the Esteem Mr. James M. Evans and International Board of Research Organization of American Biographical Institute Inc., (ABI) Man of the Year for 2010, Thank you All.
Mr. McCaughrin, said As I, have always said, I, could not of accomplished any of these project in 3rd World Countries without the direct help from God, Jesus Christ, & Holly Spirit, They deserve all of the blessing here.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
FEBUARY 12, 2010
HOW GOD WORKS IN MYSTERIUOUS WAYS!
Official's of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, /// Announced today its Customer Base Overseas (CBO) Have increased its vested interest in The Corporation to 60%, up from 30%, three years ago. McCaughrin's Overseas Customer Base Totals 50.
Ms. Elizebeth G. McKeigh, Executive Vice President of Corporate Operations Affairs for McCaughrin Maritime Global, said Asia Alone Accounts as the Leading Customer Base Overseas (CBO) by 50%, followed by Africa at 45%, and Europe & Middle East at 5%. Customer's interest in McCaughrin Maritime Service Product is Name Recognition, Backed by Years of Service.. McCaughrin's are very picky who they do business with, and timing is everything.
Ms. McKeigh, said in past 14 years the name "McCaughrin Maritime" has become a Well recognized and marketable name in overseas shipping markets, and the customers bases can see how large of market base McCaughrin's have expanded by being invited into these 3rd world countries, and by recent change of adding a global map at our U.S & International Offices: (www.mccaughrinmaritime.com/UsOverOffices.htm) on Corporation Web Site. This map cover the Entire 7 Continents, that is fully represented by the General Agencies Partnership Alliances Membership Network (G.A.P.A.M.N.) One of World largest Privately Owned and Independenty Operated.
Ms. McKeigh, said we are slowly changing the Corporate Web Site, 3 months at a time. Their are huge cost to consider when we do somethink. The Corporation tries to add just so mush in small steps, to make it more people friendly for customers who come for the first time to it and see what we are offering, For the past 11 yrs the Corporation web site has been averaging a 98.6% viewing rating, and in April 2010 The web site is averaging 118.02%. At some point in the future, we will bring in pictures of some of the ships McCaughrin's are eather involed with or time chartering. None of these ships will fit into Great Lakes/ St.Lawrence Seaway Systems, because of their vast size.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
FEBUARY 6, 2010
PRAISE THE LORD!
Officials of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems., Inc., (MMMSI) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan USA /// Announced today that they are taking a higher aim at creditability issue at Cortera Inc., www.cortera.com/ of Boca Raton, Florida for what they say is a Smear Campaign on McCaughrin Maritime Global Business Credit Rating.
Mr. Brian R. McCaughrin, Founder, President, & Owner of McCaughrin Maritime Global, said the last time I, had to grill the Executives of Cortera, Inc., was on McCaughrin Maritime Global Corporate Newsletter: WHAT'S HAPPENING AT MMMSI of April 25, 2009, and May 22, 2009 on Setting the Course Right on the TRUTH of the Business Credit Rating.
Mr. McCaughrin said We last talked to Executives at Cortera Inc, 9 months ago, and told them what to expect if they didnt change course and set: Business Credit Rating back to what its is.on their web site. Cortera Inc., Called McCaughrin's Bluff and ended up on McCaughrin's Corporate Newsletter, WHAT HAPPENING AT MMMSI, Not Once, Not Twice, But Now Three Times. How many times does it take to get it right??? I guess when you are dealing with childish behavior, you must treat them as such, one step at a time, till they learn who they are dealing with.
We are trying to figure out how Cortera Inc., Got to be One of the largest Business Credit Rating Agency in USA??? with this type of track record. Quite frankly Cortera, you leave your firm wide open for questionable creditibility. Mr. McCaughrin said if you read at the bottom of Cortera Inc., Web page, it clearly states: "This information contained in this company profile is compiled from a third party sources including, but not limited to public record, user submission, and other commerically available sourcers, These sources may not be accurate, compleated or Up-to-date. Cortera makes no representation or warranties regarding and assumes no responsbility for accuraces or compleatness or currencies of the information contained herein. If that true, then why post it.
FACT: Cortera Inc.,On Febuary 6, 2010, on its web site changed McCaughrin Maritime Marine Systems.,Inc.,(MMMSI) Business Credit Rating from (3 Star Average Business Payment Behavior to "No Rating" to Febuary 7, 2010 to Unknow Rating. Why? We dont know. Cortera Inc. ,They never notify us. McCaughrin Maritime Global Banks are quite happy with our Payment Behavior, We have Cut Debt, and Cut 10 yrs of Principal off the books in 2 yrs.
Well Ladies & Gentleman, I, guess that said it all, A Business Reporting Agencies, Like Cortera Inc., Can put up Negitive Information as they see fit, that is both Un-Ethical, Un-Truthfull, and gets away it. NOT. Cortera Inc., Is relying on Un-ethical Business Practices to LIE, CHEAT, AND STEAL, to get to the top. Well, This page will stay up untile Cortera Inc Executives, Again changes course on McCaughrin Maritime Marine Systems., Inc., (MMMSI) Business Credit Rating on its web site, and Makes a public apologizes in print.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI).
JANUARY 26, 2010
PRAISE GOD, JESUS CHRIST & HOLLY SPIRIT!
Official's of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems.,Inc., (MMMSI) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, /// Announced it 14th Year In International Shipping Business, (January 26, 1996 to January 26, 2010) at Its Annual Board of Directors Meeting, It Corporation 4th Quarter Results, & Overall Global Performance Report for 2009.
Ms. Elizebeth G. McKeigh, Executive Vice President of Corporate Operations Affairs for McCaughrin Maritime Global, Announced Record Braking 4th Quarter 2009 Results for "Overseas Division", were 168.785% vs 77.6% for the same period of 2008, an increase of: 91.185%.
Ms. McKeigh said "The Overseas Division" out performed itself for the past 6 months of 3rd and 4th Quarters of 2009 with total combined increase of 110.565%. Those "2 quarters were the turning point of the Corporation future", and have been the most challenging to date. Two factors led up to this turning point for this privately owned firm, It first major loss for the Corporation, in the market trade of container sector in 2nd Quarter of 2009 was 58.20% which cost McCaughrin's $3.5M in 2nd Quarter of 2009, and the collapes of the global economic community, and according to Mr. Brian R. McCaughrin, Founder, President, & Owner, of McCaughrin Maritime Global, "The First and Last Loss for this Corporation".
Ms. McKeigh, said McCaughrin's slashed 75% of the container market out for the next 5 years, and in 1st month of 3rd Quarter of 2009 MMMSI moved into 2 New Trading Patterns in Asia of Bulk Trade, with Different vessels of Pamax Ships of #65-75,000 dwt. For the following 2 Quarters came back with positive results with 3rd Quarter at +73.536% vs 2nd Quarter: 58.220%, and increase of +15.316%. and the 4th Quarter at 168.785% vs 3rd Quarter of 2009: 73.536% and Increase of +95.249%.
"FOURTH QUARTERS 2009 USA MARKETS":
Ms. McKeigh said USA Markets continued to show negitive growth, too many ships competiting for too little cargoes in market place, and McCaughrin's competitors announcing higher container (teu) rates, raising fuel surcharges, and this is driving out any saving to customers who fought hard to lower container rates for 2010. Mr. McCaughrin's didnt share that thinking with his containers competitors when it was first announced last year, and Container Ship Owner raised container fees anyways with bankers help. McCaughrin has never follow competitors traditions, and that is why McCaughrin's are who we are around the global, are well regonized for making changes in the market place.
'FOURTH QUARTERS - 2009 "ST.LAWRENCE SEAWAY AUTHORITY"
Ms. McKeigh, said, Mr. McCaughrin, warned Official's of The St. Lawrence Seaway Authority for past 3 years that Pilot Fees, Limitation on Seaway Size among other concerns, and must change in order for Seaway to exist in the future, but with No changes, No replies from St. Lawrence Seaway People, 2009 turned out to be the worst in its 50th Yrs on record with more then 55% percent in drop of market trade overall, and also drops in tonnages demand in 2008, and 2007.
FOURTH QUARTER 2009 - "EXPANSION IN ASIA"
McCaughrin Maritime Global, continue to expand in Asia with Our New Global Partners, M.R. Group Limited - Pakistan, and Offshore Shipping Ltd of Bangladesh and these New Partners are bringing in some specific and well established firms on other New Cargoes, McCaughrin's Group, have never ventured into before, and this should be quite interesting.
FOURTH QUARTERS - 2009 - "$10 MILLION INVESTMENT"
Ms. McKeigh, said Talk are continuning on specific region of the world for investment but that nothing has been approved as of yet on the previous WHATS HAPPENING December 16, 2009 Announcment of Akar Investment Limited offering of $10 Million dollars investment with McCaughrin Maritime Global for ther next 7 years. Mr. McCaughrin, does not jump into any long term investment untile he is assured that its in the best interest for the Corporation, Its Partners, and the Foreign Subsidiary's overall.
FOURTH QUARTER - 2009 "OCEAN TANKERS TALK ON BRAND NEW TANKERS"
Ms. McKeigh announced this month that the Corporation has been interveiwed on 2 types of Ocean built tankers, One type is double hull, tanker built in Korea that is: #51,000 dwt with Open Option for 4 more such delivered. The schedules is: (1) 2010, (2) 2011, (1) 2012. 2nd type of tanker is the #35,000 dwt, built in 2005 of MT KINGFISH made available to McCaughrin's as a possible replacement for its Mediterrean trade. These shipyards in China, Korea, and Turkey are offering discount on Brand New Tankers, now that Shipowners are defaulting on their commitment to purshase. We are blessed.
Source: McCaughrin Maritime Marine Systems., Inc., (MMMSI)
JANUARY 19, 2010
Hyundai Heavy Industry Group NB Opportunity
--------------- Original Message ------------
Subject: Hyundai Heavy Industry Group NB Opportunity From: "S&P Deprt. SAJSC" Date: Tue, January 19, 2010 5:18 am To: "McCaughrin Maritime Marine Systems" ----------------------------------------------------
Dear Mr. Brian R. McCaughrin,
We can offer you cooperation with Hyundai Heavy Industry Group being directly in touch with Group affiliated companies.
In this regard, as brokers we can provide/work with various size of vessels from VLCC to small size vessels among HHI, HMD, Hyundai Samho and Qingdao Hyundai Shipbuilding Co., Ltd.
We invite all size New Building inquiries from you and promise to cooperate with our best endeavor according to same promises we have received here from the counter part.
We will be pleased to obtain your valuable support and cooperation, and understand McCaughrin Maritime Global, seriousness in establishing a Subsidiary in China would be positive plus with largest financial Organization backing such a bold move with this backing of Hyundai Heavy Industries Group NB, building ships for McCaughrin Maritime Global Operations.
Please keep us abrest of China Operation Project.
Faithfully yours,
Dmitry Ekimenko
S&P Deprt. Manager
FROM: Sea Agency Joint Stock Company
24, Tigrovaya Str.
Vladivostok, Russia, 690000
Time zone: (+11 GMT)
Phone/Fax: +7 4232 412932
+7 4232 412938
Fax: +7 4232 412923
E-mail: snp@sajsc.ru
URL: http://www.sajsc.ru
ICQ: 278348942
Skype: dmitry_ekimenko
Mobile: +79147077967
DECEMBER 25, 2009
PRAISE GOD!!!
MERRY CHRISTMAS & BLESSED NEW YEAR TO EVERYONE.
OUR PRAYERS TO ALL OF YOU IS: LOVE, PEACE AND UNDERSTANDING, AND LETS BRING ALL WARS TO AN END &, BRING ALL TROOPS ON A GLOBAL LEVEL HOME TO THEIR LOVED ONES.
WE MUST ALL WORK TOGETHER AS ONE. AND LEAVE ALL OF OUR PROBLEMS TO GOD, JESUS CHRIST, & HOLLY SPIRIT.
GOD BLESS & THANK YOU FOR SUPPORTING THIS GROUP THE MCCAUGHRIN FAMILY & GENERAL AGENCIES PARTNERSHIP ALLIANCES MEMBERS NETWORK (G.A.P.A.M.N.)
DECEMBER 16, 2009
HOW GOD WORKS IN MYSTERIOUS WAYS!
Official's of AKAR Investments Limited, A Division of AKAR Properties LLC., (www.akar.ae/) of Dubai, United Arab Emirates, Has approached U.S. Based: McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems Inc., (MMMSI) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA with a $10 Million Dollar Inverstment.
Mr. Sultan M. Hareb Al Falahi, Chairman & CEO of Akar Investments, and Akar Properties LLC, said his firm's long term investment goals are geard toward many projects, but water transportation is the major step, and one such company we have been watching very closely is: McCaughrin Maritime Global's Expansions for the last few years in Middle East, Africa and Asia.
Mr. Sultan, belives Akar long term investment's overseas which total well over $400 million dollars, belive McCaughrin Maritime Global, will make wise investment as we are looking at a favorable 5-7% return, and we believe based on McCaughrin's expansion in past, can delivery in that time frame.
Mr. Brian R. McCaughrin, Founder, President, & Owner of McCaughrin Maritime Global, said we are very honored, to be able to open international talks with the Esteem; Mr. Sultan M. Hareb Al Falahi, of Akar Investment, and Akar Propertities LLC, Both of these global firms have a history of positive growth, and not only in U.A.E, but thoughtout the global in record fashion.
Mr.McCaughrin, said this long term $10M Investment, I belive will show Mr. Al Falahi, that McCaughrin's can deliver a favorable return over 7 yrs on the "Overseas Division" where McCaughrin's have clearly demonstrated its marketing strength for the past 13 yrs by being invited into these Global Countries that now make up: The Privately Owned, Independent Operated: General Agencies Partnership Alliances Members Network (G.A.P.A.M.N.) Which is One of World Largest.
McCaughrin's said strength comes from numbers of Partners we have been blassed with in helping us overcome our first ever $3.5M loss in 2nd Quarter of 2009, and we made aGamble Course Change, in 3rd Quarter of 2009, and McCaughrin slashed 75% of the container markets out for the Next 5 yrs, We were invited into 2 New Markets in Asia, and brought some Pamax Ships, with Capacity of #65 - #75,000 ton deadweight capacity with cost cutting time charters fees, and fuel cuts to make it work with the help from The General Agencies Partnership Alliances Members Network, (G.A.P.A.M.N.) and in return, this has created a positive16.3% market growth in just 3 month time.
Mr. McCaughrin, said making any gains in today economic business depression which has not even bottomed out as of yet was almost next to impossible, but throught hard work, dedication, and the believe that GOD, Is At The Helm of MMMSI, It has paid off bringing this Network of Partners even closer together as One. We belive the gamble we took will show further result in 4th Quarter of 2009, as things are coming together faster among our global agencies partners.
Source: AKAR Investments / AKAR Propertites LLC - UAE
Source: McCaughrin Maritime Marine Systems., Inc (MMMSI) - USA
NOVEMBER 6, 2009
PRAYS GOD FOR HIS MANY BLESSING'!
Officials of American Biographical Institute Inc., (ABI) www.abiworldwide.com/ Headquartered in Raiegh, North Carolina, & Know for its Published of Biographical Reference Works, since 1967, and Hosting the 2010 World Forum, at the University of Cambridge in Cambridge, England, Have Selected: Mr.Brian R. McCaughrin, Founder, President, & Owner of McCaughrin Maritime Marine Systems., Inc., (MMMSI www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA. For: 2009 MAN OF THE YEAR DISTINCTION.
Mr. James M. Evans, President of America Biographical Institute Inc., (ABI) said The Institute International Board of Research decision on nomination are done on global effort of research of accomplisments by those indivuals who have gone over and beyond the call of duty. The (ABI) has done over 40 years of experiences in collecting, and publishing one million biographies. Many times the Board comes across an interesting and distinguished person through correspondences with universities, business, publication, and private organization around the world.
It was a very difficult decision to determine who would be among our Man of the Year Distinction for 2009, especially as we have reviewed thousand of noteworthy achievements within so many different professions, In the end Mr. Brian R. McCaughrin, had made vast achievestment, and countless sacrifice of his firm, and of himself thoughout the world in a 13 year period to be our 2009 Man of the Year Distinction Award for which I, extend My Congratulation.
Sincerely Yours,
James M. Evans,
President,
American Biographical Institute Inc., (ABI)
OCTOBER 8, 2009
PRAISE THE LORD!
Officials of About Us Organization, http://www.aboutus.org/ of Portland, Oregon, Announced today that they have agreed to partner up with McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems., Inc., (MMMSI -MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA. / About "Web Site Domain Marketing".
Ms.Kristina Weis, An Official from About Us Organization, said we have been working very close with Mr. Brian R. McCaughrin, Founder, President, & Owner of McCaughrin Maritime for 12 month's on expanding the Corporation web site: www.aboutus.org/McCaughrinMaritime.com/ in a marketing segments on our site.
From that time McCaughrin Maritime Site has been one of the favorites by the number of hits its getting: #8,470, which is a majority over the rest of the clients that have accounts on our domain. The Name: McCaughrin Maritime Is "Excellent" marketing name.
Mr. McCaughrin, said I am very honored and delighted to be working with Esteem Ms. Kristina Weis, and The Employees of About Us Organization. Ms. Weis has put McCaughrin Maritime.Com, To the forfront in short order. With this positive results, I, have invited Ms. Weis, and About Us Org, to Partner with McCaughrin Maritime, and to Share Sponcered Marketing Position on McCaughrin's Maritime Clients List, www.mccaughrinmaritime.com/MaritimeClients.htm Under Subject of: "Web Site Domain Marketing", which Ms. Weis, & Company have agreed for the long term.. We believe this is win, win, marketing idea for both firms to fully benefit from.
Source: McCaughrin Maritime Marine Systems.,Inc., (MMMSI)
Source: About Us Organization
SEPTEMBER 30, 2009
PRAISE GOD FOR HIS MIGHTY BLESSING!
Official's of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA, /// Announced Third (3rd) Quarter Results for 2009, / A Course Change for New Cargoes, / New Co-Operations of the General Agencies Partnership Alliances Members Network (G.A.P.A.M.N.)
Ms. Elizebeth G. McKeigh, Executive Vice President of Corporate Operations Affairs for McCaughrin Maritime Global, said 2009 Third (3rd) Quarter Results for USA Operation were Awash with Continued Over Capacity by Foreign Competitions which has matched McCaughrin Maritime Global on Specific USA / Overseas Destination Country Pricing. / On the Other Hand International Operations Outside of the USA, were mush better then expected. The Result's Were: 73.5% vs 77.6% for the same period of 2008, A slight drop of -4.1% This is a "Marked Inprovement" from -$3.5M loss in Second (2nd) Quarter of 2009. / (3rd Quarter) = 73.5 % - (2nd Quarter) = 57.2% = + 16.3% Increased the 3rd Quarter by +16.3%. in 3 month time.
This positive turn around was made by Mr. Brian R. McCaughrin, Founder, President, & Owner of McCaughrin Maritime Global, by stepping back, and slashing 75% out of container market, till market condition in prove in those specific region where McCaughrin's had steady growth till the bottom litterly fell out in 2nd Quarter of 2009, which Mr. McCaughrin, quotes, I, dont see any improvement for at least 3-5 yrs at best, and with that being said, McCaughrin's made "Course Change" and picked up 3 New Markets in Asia, with long term cargoes movment and using Bigger Pamax Ships, ranging between #65-#75,000 dwt, "The Corporation" is very pleased to be where we are as we had said earlier this year, we had projected at about 35-40% for All 4 Quarters of 2009. Now with lower time chartering fees, and lower fuel cost, McCaughrin's, and our Esteem Partners should be in pretty good shape, as we are expecting conserative figures also in 4th quarters.
Ms. McKeigh also said, "The Corporation" has been seeing some positive "In-Roads of Communications in Bridging the Gap within the Asia Markets" with 2 of Our lastest signing of long term General Agencies Partnership Alliances Membership with Offshore Shipping Limited (www.shippingbd.com/ of Bangladesh, and M.R.Group (www.mrgrouppk.com/ of Pakistan, both signed in the 2nd Quarter of 2009, Both of these firms are being proactive in putting "New Cargoes" together between Pakistans, Bangladesh, and Korea, and with McCaughrin's who is bringing in long term agency: Blue Ocean Korea Limited: (www.blueoceankorea.com/ Out of Pusan, Korea to help out Offshore Shipping move New Cargoes between Bangladesh, Korea, and hopefull creating new trade back to Korea.
McKeigh said, by Creating these New Trades in New Spots with different cargo ships that we been invited into, opportunity is here and the timming is right with both Shipowners Group, and General Agencies Partnership Alliances Members Network (G.A.P.A.M.N.) and this will further enchance long term commitments in these New Region for everyone to benefit from. This is exciting...
Sources: McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU)
AUGUST 3, 2009
PRAISE THE LORD!
Official's of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, USA /// Announced today that MMMSI Board of Director's has permoted Ms. Elizebeth G. McKeigh, Vice President of Corporate Affairs for McCaughrin Maritime Global, to Executive Vice President of Corporate Operations, that take effect immediately.
MMMSI Board of Directors, said this is A Brand New Position, that not only incorporates all phases of Corporate Affairs Duties, but also delgates Global Affairs Operations as a Stand-In, In-Case The Owner of this Corporation, Is away from "The Corporation" for any length of time, or out of communication range, weather that be for emergency's, or trips due to business, as weather condition can be at fault in both domestic or overseas locations.
Sources: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU)
JULY 23, 2009
HOW GOD WORKS IN MYSTERIOUS WAYS!
Official's of JSC Gas Servis of Russia, www.gas-servis.ru/
One of the 5th Largest Suppliers of Natural Gas for Consumers, and Industries for the past 40 years in providing a smooth, reliable supply of gas servis thoughout the Republic of Russia, Are expanding Its Base of Natural Gas Servis Operations Beyond Russia to Europe, UK, and on to USA & Canada.
Mr. Michael Vladislavoich Rumiansev, Deputy Director for JSC Gas Servis, said Our firm has eyed 6 Global Independent Private Firms thoughout the world for help in establishing JSC Gas Servis Expansion Plan in these New Markets.
These 6 firms were picked based primary on their own expansion plan thought out the world, and one of the firms in question that JSC Gas Servis, is watching very closely is in USA, Is Great Lake Based: McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, Because of McCaughrn's rapid advance of market expansion thoughout the global.
Mr. Rumiansev, said for McCaughrin Maritime Global, A Private Shipping Corporation with a limited budget to expand, and still keep cost in line is very hard in today economic market conditions. We applaud McCaughrin's for their hard work, and dedication.
One of the main reason we have come to Open New International Trade with McCaughrin's is to invite this firm aboard to be JSC Gas Servis USA Representive Exclusively.
Mr. Brian R. McCaughrin, Founder, President, & Owner of McCaughrin Maritime Global, said Our firm is certinely very blessed to be invited by JSC Gas Servis, and the Esteem Mr. Michael Vladislavoich Rumiansev, of these historial times for a US Based firm to be asked to Open New International Trade with Largest Nation on the Planet of Russia.
Mr. McCaughrin, said Our Corporation, veiw of this historial invitation to open a dialog of peace, global international trade, and bring about a competive pricing inline with other natural gas service leaders in both USA, & Canada, and to help form a bi-latral alliances, and bring in a in-expensive way for everyone, including industries to be able to afford this gas service in lue of current world economic condition that we all face today.
I, personaly look forward in helping Mr. Rumiansev, in anyway possible in establishing ground work for Pipeline with JSC Gas Servis, huge expansion plan between Russia, USA & Canada, & The Global.
Source: JSC Gas Servis - Russia
Source: McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU)
JULY 3, 2009
HOW GOD WORKS IN MYSTERIOUS WAYS!
Official's of Stanford Who's Who Organization (www.stanfordwhoswho.com/) Headquartered in of New York City, New York has Selected Mr. Brian R. McCaughrin, Founder, President, & Owner, of McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan, into Standford Who's Who Organization for 2009-2010, For Top Leadership Achievements in Business.
Ms. Michelle Williams, Director of Membership Services for Stanford Who's Who said its an honored event for Standford Who's Who Organization, this day to honor a true entrepreneur as Mr. McCaughrin, who started his own shipping firm at age 47 years of age, on January 26, 1996, and now 13 yrs later at 60 yrs of age, with McCaughrin Maritime is now a Global Corporation on 7 Continents.
Mr. Brian R. McCaughrin, said I'am blessed this day by both Ms. Michelle Williams, and The Esteem Board of Directors of Stanford Who's Who for this award, as I, have aways said, I, owe my sucess of McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU) and to Our General Agencies Partnership Alliance Members Network (G.A.P.A.M.N.) To GOD, Jesus Christ, & Holly Spirit. as God, was instrumental in bringing each of these small private independent agencies at a time to McCaughrin Maritime, to sit, brake bread, pray, and talk about doing long range international trade, and now 13 years later, well, the rest is history.
Source: Standford Who's Who Organization - New York
JUNE 30, 2009
PRIASE THE LORD!
Official's of McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com ® Headquartered in Wayne, Michigan USA, /// Announced today its Law Group, Gerben Law Firm PLLC of Washington D.C. has Notify "The Corporation" that the U.S. Goverment has approved the name: McCaughrin Martime, Application, and Trademark Registration Certificate, and Number.
McCaughrin Maritime Global, and Its Parent Firm: McCaughrin Maritime Marine Systems.,Inc. ("The Corporation) Idenity Name of: its web site marketing name: www.mccaughrinmaritime.com ® " Is now under a U.S. Register Trademark & Certification by United States Patent & Tradmark Office. (USPTO)
That means that if anyone (s), anybody (s) tries to use this name: "McCaughrin Maritime", in any shape or form, Weather it be for the web site domain names: like:(www.mccaughrinmaritime.com ® ), or in A Marketing term, (s), or Advertising or Sponcering theme, herein, it will be subject to a Illegal Act or Fraud, or both, by All outsider (s) of stealing one idenity which is Illegal, and Unlawful and is Prohibited in using without the written consent (s), and authorization, (s) direct from McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU) or its Foreign Subsidary' (s), herein.
This Corporation will go after All Public, and Private Corporation, Companies (s) and Offshore, companies and or Corporation (s) and any indivual (s) which will be viewed as "open season for lawsuit (s), and those companies, both public or private will be stripped of any or all assets gained by this illeage act of taking advantage of this name herein, without the written authorization by "McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU)" or its Foreign Subsidiary herein.
Mr. Brian R. McCaughrin, Founder, President, & Owner of McCaughrin Maritime Global, said Gerben Law Group, in Washington D.C., have made it a point to secure this name, and anything connected to it as mean's to safe guards the future of "McCaughrin Maritime" Marine Systems.,Inc., (MMMSI-MMMU).
Mr. McCaughrin said we wont hesitate for one second by going after anyone, anywhere at anytime in trying to stop the illeage act by outsider in trying to forge and or steal this Corporate Name, and to assure themself an advantage of this name, or anything, via connecting: McCaughrin Maritime Marine Systems.,Inc., (MMMSI) stands for herein.
Source: McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU)
JUNE 12, 2009
HOW GOD WORKS IN MYSTERIOUS WAYS!
Official's of Presidental Who's Who Organization (www.presidentalwhoswho.org/) of New York City, Announced today, The Selection and Invitation of Mr. Brian R. McCaughrin, Founder, President, & Owner, of McCaughrin Maritime Marine Systems., Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com Headquartered in Wayne, Michigan, USA, For Outstanding Business Entrepreneur, and Professional Achievers in International Maritime Field.
Mr. Frank Ciaccio, President of Presidental Who's Who Organization, said Mr. McCaughrin, accomplishments over 13 years of starting his own shipping firm on January 26, 1996, and expanded to serving 7 Continents of the globe should be the benchmarker of what true entrepreneur are made of in short notice.
It a honor to Welcome: Mr. Brian R. McCaughrin for the Presidental Who's Who Black Book Edition for 2009-2010. Congratulation & Well Deserved.
Source: Presidental Who's Who Organization - New York
JUNE 1, 2009
HOW GOD WORKS IN MYSTERIOUS WAYS!
Official's of M.R.Group (MRG) www.mrgrouppk.com of Karachi, Pakistan, The Largest & Fastest Growing Logistics Firm Covering 80% of Pakistan Markets, and also Serve the International Air, and Ocean Transportation Segment has Secured a Long Term 5 year General Agencies Partnership Alliances Agreement (G.A.P.A.A.) with U.S. Based Shipping Corporation: McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems., Inc., (MMMSI - MMMU) www.mccaughrinmaritime.com/ Headquartered in Wayne, Michigan, USA.
Mr. Shahzadah M. Ejaz, General Manager for International Affairs & Business Development for M.R. Group said M.R. Group flew to USA to Open a dialog on International Trade with McCaughrin Maritime Global Officials, who has a vast market reach in the region in which M.R. Group Operates, and being the biggest logisitcs firm already in Pakistan will help establish McCaughrin's to a greater degree of what available here today.
M.R. Group, Is looking to re-establish McCaughrin's back in the Country of Afghanistan, Irag, and Turkemenistan region that has put McCaughrin's in netural because of the war for 7.5 yrs. McCaughrin's to this day had represented this entire region but has had no trade since the war broke out.
Mr. Ejaz, said M.R. Group is made up of Three Subsidiary: M.R. Traders (MRT), M.R. Logisitcs - (MRL) and M.A.Z. Shipping & Consolidation Services (MAZCS). M.R Group have holding service contract with numerous container giants that have an interest with McCaughrin's such as: Maersk Sealand, Safmarine, NSCSA, Hapag LLoyd, ZIM, MSC, CMA-CCM, NYK, MOL, OOCL, Evergreen, and Emirates Shipping.
Mr. Brian R. McCaughrin, Founder, President & Owner of McCaughrin Maritime Global, said we are very honored to be invited into the Esteem Organization of M.R. Group of Companies, That are the Largest Logistics firm in Pakistan, That serve all modes of transportation for the customers looking for a total transportation company, in and around the region which McCaughrin's last served 7.5yrs ago, We are always interested in braking bread, and sitting down and Opening New Talks on International Trade as long as it make sence for the overall plan for: Our Customers, Our Global Partners, and McCaughrin Maritime Global.
Mr. McCaughrin said M.R. Group, and McCaughrin Maritime Global, both started in 1996, so its interesting to see how far we have both evoled over that amount of time and in different parts of the world only to come back where we put this firm in netural because of our stanch cause on No trading in War Zone. As we can move forward with M.R.Group together in makets which we will veiw as Second Party Logistics, Their may be some interest with our clients wishing to come back if only as limited time offering, It will depend on the direction of the war,and when the U.S. Goverment, can start moving U.S. Troops back to USA Soil in those region's.
Mr. McCaughrin said right now our goal is to continuing to leverage its global services, and those that are with allined with McCaughrin's & Its Partners, so we can all benefit on this.
Source: McCaughrin Maritime Marine Systems.,Inc., (MMMSI)
MAY 24, 2009
HOW GOD WORKS IN MYSTERIOUS WAYS!
Official's of USA Based McCaughrin Maritime Global, A Divison of McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com/ Headquartered in Wayne, Michigan, USA /// Announced today for the First time in The Corporation History, The 2nd Quarter Results for 2009, Were 57.2% percent vs, 77.6% for 2nd Quarter of 2008, with a net loss of -20.4% or $3.5M and this is due to world economic depression that has effected the global container market side in specific regions where McCaughrin's Maritime Global has container markets. Mr. Brian R. McCaughrin, Founder, President & Owner of McCaughrin Maritime Global said, We knew in 4th Quarter of 2008 we be lucky to post somethink Overseas better then 35-40% in container market sector, so we are very happy we did better then we first projected, Praise God.
"The Corporation" is slowing drifting away on a temporary basis from the lessor of the container movments, and more to better paying cargoes that The General Agencies Partnership Alliances Members Network (G.A.P.A.M.N.) have with its client base which of course is different on each of the 7 Continents. We will have additional cost $aving on reduction of -50% of lower chartering fees, and lower fuels cost $aving creating a solid performance for The Partner's Pamax, and Capesize, So McCaughrin's are projecting conserative figures for the rest of the 3rd and 4th Quarter of 2009 in those region.
"Reduction of Debt Earlier then Later"
"The Corporation" also announced "Retiring more debt off the books earlier then later in regards to McCaughrin Maritime Global Expansion Plans, Our Planned Short Term Loans Agreement are also being payed off 1 Quarter or 3 month (s) earlier then was orginal planned. McCaughrin's retired 2 more banks on short term loan agreements. The retired banks: 1> Discovery Bank USA of Wilmington, Delaware, 2> Citi-Financing Corporation of New York City. Both these banks each Carry 5 year loans terms agreements, bringing these short term loan agreements down from orginal 5 in 2006 to 4 Short Term Loans Agreements in The 1st Quarter of 2009 with a balance of only 2 Short Terms Loans Agreements left to retire in latter 2009. These goals remain a key to overall operations goals of "The Corporation".
McCaughrin's said
I, am truely blessed by GOD, Jesus Christ & Holly Spirit in helping "The Corporation" cut its debt load, and retiring of 21 Banks to 2 banks in 3 yrs. This was extreamly difficult, but if you have faith & work hard, and let GOD steer your financial firm, it will happen, and those loans agreements were paid in full, and now in 2009 McCaughrin's retains only 2 Banks on long term loans of only 10 yrs, each of our chossing.
On May 12, 2009, McCaughrin Maritme Global's Senior Banking Group, gave both This Corporation & Mr. Brian R. McCaughrin, A Credit Score of 825. On May 24, 2009 McCaughrin Maritime Global, was Approved for $20M dollars Expansion Loan Agreements with very favorable 15 year fixed terms and 4.125% interest rate. "The Corporation" turned down the loan expansion as "too risky" in due to the current un-stable economic global markets on the container side, where McCaughrin's has markets in specific region of the globe. So untile a course change comes in those specific region of the globe, McCaughrin's current loans agreements will surfice for the time being.
Source: McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU)
MAY 22, 2009
PRAISE THE LORD!
After 27 days, Officials of Cortera Company (www.cortera.com) of Boca Raton, Florida, are trying their hand to forge a relationship back with McCaughrin Maritime Global, A Division of McCaughrin Maritime Marine Systems.,Inc., (MMMSI-MMMU) www.mccaughrinmaritime.com/ Headquartered in Wayne, Michigan, Over McCaughrin's Recent Corporation Newsletter Aimed High at Cortera: "WHAT'S HAPPENING AT MMMSI FOR APRIL 25, 2009.
Mr. Brian R. McCaughrin, Founder, President & Owner of McCaughrin Maritime Global said Newsletter "Stays Put" till we see changes on Cortera web site. Cortera Company sent an e-mail that was recieved today, that Cortera Official's have come to fully relize that McCaughrin's are not bluffing, and putting one's firm reputation in question can, and will damage Cortera future, if this is the course of action Cortera continue to steer. In comparission For McCaughrin's, "WHATS HAPPENING AT MMMSI" Newsletter took 24 hours to get DHL Attention, and Sadly 4 years later damaged its reputation to leave USA Markets, but then DHL was bigger in size, and worth Billion ($$$) of dollars, and Cortera is not.
McCaughrin said We expect Cortera to reverse back the credit score on Cortera Credit Report Rating (CPR) which is U.S. Firms Payment behavior on its web site, for McCaughrin this is direct insult beyond reasoning, McCaughrin Maritime Global had enough leverage to keep open 24 long term loan agreements while McCaughrin's > were expending overseas, and McCaughrin decide in 2006 to get all of our loans in line and we did, and in 3 yrs cut our leverage, and payed back 22 long term loans agreements back in full and on time, and today McCaughrin's have only 2 long term loans and has cut 11 years of principal on one, and both are at 10 yrs of our chossing, and are zeroing in cutting out all short term loans out by 3rd Quarter of 2009.
McCaughrin's said we veiw higher equity balances vs long term debt balance, and being conserative and how we spend our investment shows it. Six of the Largest Leading U.S.Banks have called on McCaughrin Maritime Global in 2008 & 2009 because these Organization are impressed with our financing strategy on payback of loans for long term business, So its not that we need help when we are paying down this debt ourself, but it nice to know they are their when we need them.
Bottom line: Onces Cortera Company reverse Credit Report Rating (CPR) on its web site, and makes a public appolize, then and only then will McCaughrin Maritime Global Newsletter come down, but not till we see somethink in print for long term results for this Corporation. This Corporation has taken on mush Bigger Organization around the global, and WON on the TRUTH, so we are not going anywhere, and McCaughrin's are dug in deep for long fight for justice, and the TRUTH is what we will get !
Source: McCaughrin Maritime Marine Systems., Inc. (MMMSI)
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