Welcome to Compass Maritime

	Team Profiles
Terry Chance Basil Karatzas Joseph Kaufmann Bart Lawrence Thomas Linter Thomas O'Toole Thomas Roberts Sophus Schanche Evan Sproviero
Terry E.Chance Mr. Chance graduated from the College of Wooster in 1972, with a Bachelor of Arts degree. He joined A.L. Burbank in 1974 as a broker trainee in the Sale and Purchase department and eventually was elected to the Board of Directors and served as the company President until the formation of Compass Maritime Services. Mr. Chance has concluded over six hundred transactions and is recognized to be one of the leading industry experts in demolition sales. In addition to his activities in the scrap sector, Mr. Chance also has responsibility for serving a portion of the firm's clients in second hand sales and purchase. Included in this group are several large shipowners such as Exxon-Mobil and Chevron. Mr. Chance has been the broker of record on behalf of Chevron for a large percentage of their sale and purchase transactions, including both demolition and second hand. In July 1992, Mr. Chance received the Chevron Shipping Company Recognition and Award Certificate. This Certificate reflects exceptional performance and specifically recognized Mr. Chance for his professional knowledge, integrity and dedication. Mr. Chance has served two terms on the Board of Governors for the Maritime Associates and one term on the membership committee of the Association of Shipbrokers and Agents.
Basil Karatzas Mr. Karatzas joined Compass Maritime in the summer of 2005. In his capacity as Vice President for Projects & Finance, Basil is responsible for providing our clients with Business Advisory Services Business Development and Negotiations, Market Research and Analysis, Strategy Development & Management, Financial Analysis and Reporting Merger & Acquisition Services Due Diligence, Fairness Opinion, Valuation Services, Corporate Development, Acquisition, Capital Formation, Advisory Assignments Corporate & Financial Advisory Services Project Financing (Equity and Debt), Financial Modeling & Simulations, Asset Valuation Services (including Desktop Valuations), Risk Management, Trading & Hedging Strategies (Freight Forward Agreements (FFAs) Basil’s past professional background incorporates experience in operations in the tanker sector (lightering and port operations), chartering, project development in the oil and shipping sectors primarily with South American oil companies, business plan development and financial analysis and trading (including currencies, equities and derivatives). Basil holds a degree in Chemistry and Biology from Houston Baptist University, and a Master’s of Business Administration (MBA) in Finance and International Business from Rice University in Houston. Basil’s fluency in Greek and Spanish has been proven valuable in serving our Greek and South American clients. Basil is also conversant in Italian and French and reads Swedish.
Joseph F. Kaufmann Mr. Kaufmann attended Pace University in New York from 1968-1970 and Fairleigh Dickinson University in 1970-1971 majoring in business and computer management. Prior to joining A.L. Burbank, he worked for the Maritime Computer Corporation, which performed all data processing functions for K-Line, Inc. He was then employed by A.L. Burbank from 1986 to 2000 where he supervised the development and installation of two computer systems. Since the start of Compass Maritime Services, Mr. Kaufmann has been instrumental in the installation of yet another computer system. His duties include the coordination of all the office management functions for the firm, the negotiation of all service contracts and the management and upkeep of the company's communication and computer systems.
E. Bart Lawrence Mr. Lawrence graduated from Northeastern University with a Bachelor of Science degree in 1975. After completing his undergraduate studies, Mr. Lawrence joined Chemical Bank as a management trainee. Upon completion of the management training program he was promoted to branch manager within two years. In 1979 Mr. Lawrence joined the staff of the commodity exchange “COMEX” as assistant to the senior vice president of finance. Mr. Lawrence joined A.L. Burbank in March 1981. He spent two years in the Dry Cargo Chartering department and the New building and Project department prior to joining the Sales and Purchase department. He has sold hundreds of demolition ships in addition to his activities in the second hand ship sales market. Mr. Lawrence has been especially active in the sale of U.S. flag vessels and is one of the leading authorities on Jones Act and foreign transfer of U.S. flag vessel requirements as they apply to the U.S. flag fleet.
Thomas J. Linter Mr. Linter graduated from the United States Merchant Marine Academy in New York in 2000 with a Bachelor of Science in Marine Transportation, and a commission in the United States Navy Reserve. He sailed as a cadet in 1998 and 1999 for Farrell Lines, Pacific Gulf Marine, and Sea-Land, earning a USCG Third Mate License in June 2000. After graduation, Mr. Linter commenced his career at MaritimeDirect as a maritime analyst, covering Sale and Purchase, Demolition, New buildings and Tanker/Dry cargo chartering. Mr. Linter has been a Sale and Purchase broker with Compass Maritime Services since March 2001.

Thomas O'Toole Mr. O'Toole graduated from the United States Merchant Marine Academy at Kings Point in 2006 with a Bachelor of Science in Logistics and Intermodal Transportation and a commission in the United States Navy Reserve. He earned a USCG Thrid Mate License in June 2006 after sailing for the Military Sealift Command, AHL Shipping Company and Waterman Steamship Corporation in 2004 and 2005. After graduation, Mr. O'Toole joined "K" Line America as a Marine Techincal Analyst, which is responsible for U.S. East Coast vessel stowage planning, providing marine and vessel technical support/analysis including awkward cargo, DG cargo, container safeguard and handling, and port operations. Mr. O'Toole joined the Sale and Purchase team at Compass Maritime Services in January 2007.
Thomas S. Roberts Mr. Roberts graduated from Indiana University with a Bachelor of Science degree in Transportation Management in 1975. After completing his undergraduate studies, Mr. Roberts attended a student exchange program in Rotterdam and participated in a training program at a major Dutch ship owning company. He then worked for Farrell Lines in New York while working on his Masters of Science degree in Ocean Transportation Management at State University of New York Maritime College. He commenced his career as a ship sales and purchase broker in 1978 and worked at A.L. Burbank from 1983-2000. He has been involved in the sale of tankers, bulkers, container vessels, tug boats, cement carriers and cruise vessels. He completes hundreds of valuations each year and has extensive contacts in the ship finance community. Mr. Roberts has testified as an expert witness (ship appraiser) before the United States Bankruptcy Court (Southern District of New York), the United States District Court (Eastern District of Louisiana) and performed valuations for cases before the United States Tax Court. Mr. Roberts is currently serving as First Vice President and the Sale and Purchase representative on the Board of Directors of ASBA (The Association of Shipbrokers and Agents (USA) Inc) and is an Associate Member of the Marine Society of the City of New York (chartered in 1770).
Sophus A. Schanche Mr. Schanche graduated from Fana Gymnas in Bergen, Norway in 1979 with a degree in economics. After college he served in the Royal Norwegian Navy. He then worked as a trainee at Joachim Grieg & Co. in Bergen. Upon completion of his training program, Mr. Schanche moved to the United States and initially spent two years at Peraco Chartering working as a dry cargo chartering broker. From 1983-2000 he worked at A.L. Burbank, specializing in the Sales of second hand bulk carriers and oil tankers. He is widely recognized for his knowledge of these markets. Mr. Schanche’s fluency in the Scandinavian Languages has greatly strengthened our ties to these markets.