Craig Marston

Managing Director, CEM Marine

Member of the Transportation Council

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, and 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 - present: 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(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Economou Deserving Of Some Criticism

June 16, 2009

Analysis by:Craig Marston, Managing Director, CEM Marine

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 by:Craig Marston, Managing Director, CEM Marine

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 by:Craig Marston, Managing Director, CEM Marine

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 by:Craig Marston, Managing Director, CEM Marine

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.

View All GLG News ^SM Analyses by Craig Marston