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Véronneau, who recently left the Board after serving as Chair for the past four years. MacGregor is a direc- tor of Seaway Marine Transport and Chairman of Golden Star Resources Ltd. David L. Muir, FCA joined the Board of Directors in May 2010 as the representative of the Federal Government. Muir is Senior VP, Collins Barrow Ottawa Management Consultants Inc. Jonathan Bamberger joined the Board of Directors on August 28th as the industry represen- tative for the Corporation’s “Other Members.” Bamberger is President, Redpath Sugar Ltd., based in Toronto, and Vice President, Commodities, American Sugar Refining Inc. The St. Lawrence Seaway Management Corporation also announced the appointment, effective November 1, 2010, of Terence F. Bowles as President and Chief Executive Officer to replace Dick Corfe who has served in the position since 2003. Bowles served as President and CEO of the Iron Ore Company of Canada from 2001 until early 2010. Second Sentinel-Class Cutter Contract Option Awarded The Coast Guard awarded a $166.1m contract option to Bollinger Shipyards of Lockport, La., on September 14 to begin production of four Sentinel-class Fast Response Cutters (FRCs). This option award brings the total number of FRCs under contract with Bollinger to eight with a current contract value of $410.7m. The current FRC contract contains options for up to 34 cutters and is worth up to $1.5b if all options are exercised. ACL to Expand Warehouse Space American Commercial Lines Inc. (ACL) has entered into an industrial development agreement with CNW Resources of Naperville, Ill., a provider of metallurgical, chemical and foundry products. Under the industrial development agreement, ACL will construct a new warehouse at its barge terminal in Lemont, Ill., located 25 miles southwest of Chicago, to store and transport prod- uct for CNW. The new multi-pur- pose warehouse will significantly www.marinelink.com MN 51 PosiTector ® UTG Ogdensburg, New York USA • Phone: 315-393-4450 FAX: 315-393-8471 • Email: techsale@defelsko.com N EW 1-800-448-3835 or www.defelsko.com New UTG ME Thru-Paint model available Wall Thickness and Corrosion Gage... Ideal for measuring wall thickness and the effects of corrosion or erosion on ship hulls, decks, bulkheads or any structure where access is limited to one side. a73 Scan Mode a73 HiLo Alarm a73 Internal Memory a73 Sturdy, compact design a73 Certificate of Calibration Ultrasonic Thickness Gage PEOPLE & COMPANY NEWS Zash Small Second Sentinel-Class Cutter ACL expands warehouse space