Sea Star and American Shipping Group realign leadership team

American Shipping Group, Inc. (ASG) says that Frank Peake will join it as Vice President, focusing on strategic planning for all ASG companies operating in the Puerto Rico and Alaskan markets. Steve Hastings succeeds him as President of Sea Star Line.

American Shipping, a wholly-owned subsidiary of Saltchuk Resources, Inc., oversees three independently managed companies: Sea Star Line, TOTE (Totem Ocean Trailer Express) and ship manager Interocean American Shipping

"These organizational changes will allow us to best utilize the skill sets of these two very talented gentlemen," said Tim Engle, American Shipping Group Chairman.

"Frank will be assisting me in shaping the future strategic vision of ASG. His background in strategic planning and his experience in both the Puerto Rico and Alaska markets, uniquely qualifies him for this new challenge. Frank's contribution as President over the past six years has significantly enhanced Sea Star's competitive position in the Puerto Rico market."

"We are also excited to have Steve Hastings take over as President for Sea Star Line. Steve has been with Sea Star Line since 1996 serving in a number of key leadership roles within the operations group," said Mr. Engle. "Steve has done an outstanding job in his role as Vice President, Operations over the past two years. In addition to his extensive operations experience, Steve has exhibited outstanding leadership skills which will serve him well in his new challenge."