Skip to content
Baltic Dry1,942+1.84% SCFI1,388.6-2.10% WCI 40ft$2,214-1.35% Brent$74.18+0.62% VLSFO SG$548.5+0.40% Harpex2,2310.00% USD/BRL5.412-0.28% EUR/USD1.0864+0.11%
Friday
November 6, 2026
The Port Journal

Markey Machine Announces Ownership Transition and New Leadership

Markey Machine, a Seattle-based manufacturer of marine winches and deck machinery, has completed an ownership and leadership transition, positioning t...

1 min read
Markey Machine Announces Ownership Transition and New Leadership
Photo: The Maritime Executive

Markey Machine, a Seattle-based manufacturer of marine winches and deck machinery, has completed an ownership and leadership transition, positioning the nearly 120-year-old company for its next chapter.

Eric Rose has assumed the role of President & CEO and acquired an ownership stake in the company. Jeff Dempke, who has spent more than 20 years at Markey, has been promoted to Director of Business Operations and has increased his ownership investment. Blaine Dempke, whose 48-year career helped shape Markey's reputation across the maritime industry, will remain involved as Advisor Emeritus.

The transition brings new investment from within the organization while retaining the technical knowledge, customer relationships and industry experience that have supported Markey for generations.

"What Blaine built is remarkable, and I don't take it lightly," said Rose. "Markey's name means something on the water because of the people who have stood behind this equipment for generations. My job is to carry that forward, invest in our team and make sure Markey is just as dependable for the next generation of crews."

This story was originally published by The Maritime Executive. Read the full story at The Maritime Executive →

Conversation

Comments are moderated before publication.

More in Shipping

View all
BACK TO TOP ▲