Mr. Craig Marston

Managing Director, CEM Marine

Member of the Transportation Council

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Council Member Biography

Craig Marston is Managing Director at CEM Marine, a firm providing consulting services in the maritime and shipping industry. Mr. Marston has more than 20 years of experience in the maritime industry, including profit and loss (P&L) responsibility for the largest US-flag fleet of ocean-going dry bulk carriers. He has knowledge of dry bulk, liquid bulk, container shipping, petroleum support, tug and barge, ship repair, and construction activities. Mr. Marston holds a BS from the US Merchant Marine Academy and an MBA from the University of Phoenix. (This is me - Update Profile)

Employment History

2006 - Unspecified: Managing Director, CEM Marine
2004 - 2006: General Manager, U.S. UNITED OCEAN SERVICES, LLC
2000 - 2004: Director of Engineering Operations, U.S. UNITED OCEAN SERVICES, LLC
1996 - 2000: Manager of Routine Maintenance, U.S. UNITED OCEAN SERVICES, LLC
1993 - 1996: Port Engineer, Europa Cruises Corporation
1989 - 1993: Lead Operator and Mechanic, RAYTHEON TECHNICAL SERVICES COMPANY LLC
1986 - 1989: Chief Engineer, SEALCRAFT OPERATORS INC

GLG News^SM Analyses by Craig Marston

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Economou Deserving Of Some Criticism

June 16, 2009

Analysis of:CEO pilloried | www.tradewinds.no

While not the epitomy of evil that Jim Kramer describes, George Economou has lost his way somewhat.

Jinhui Shipping's Gloomy Outlook

June 4, 2009

Analysis of:Dry reality check | www.tradewinds.no

Jinhui Shipping (Oslo:JIN.OL) reported disappointing numbers coupled with a gloomy outlook on the near-term market, despite the recent recovery in dry bulk rates. I agree with their market forecast, but Jinhui's near-term prospects have more to do with capacity.

Demand Improvement Won't Help Dry Bulk

May 26, 2009

Analysis of:Bulker boomerang | www.tradewinds.no

Some iron ore contract renewals in Japan, impressive 1Q Chinese iron ore imports, and expectations of the impacts of stimulus packages have vastly improved market sentiment for a continued improvement in dry bulk shipping rates. This is "irrational exuberance."

Drewry's Outlook For Dry Bulk Overly Pessimistic

May 21, 2009

Analysis of:Dry looks dreary | www.tradewinds.no

Tradewinds reports on Drewry's latest forecast for dry bulk to remain depressed through 2014. This is a very unlikely scenario.

Difficult Year For Matson

May 7, 2009

Analysis of:Unparalleled drop | www.tradewinds.no

Matson Navigation parent, Alexander & Baldwin (Nasdaq:ALEX), reported that the company posted a $500k operating loss in the first quarter, compared with a $15.9m profit a year ago.

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