MOL has announced the following organizational changes which will take effect in August 2013. These changes will further build the MOL organization as one that customers and employees can continue to count on. Calvin Duffaut, assistant vice president, yield management and corporate communications for MOL (America) Inc. has been promoted to vice president, yield management of MOL Liner and will relocate to Hong Kong. Duffaut joined MOL in 2007 after many years of management experience in trade management, pricing and logistics with Pacer Stacktrain Ltd., American President Lines, and Lykes Bros. Steamship Inc. Duffaut holds an undergraduate degree from Yale University. He will report to Jotaro Tamura, senior vice president, liner yield management, equipment management and network operation. Toshihiko Sato, senior manager, Transpacific trade will relocate to Hong Kong in support of the Transpacific Trade management migration to MOL Liner. Sato joined MOL in 2000 and has held positions in equipment management and sales. Sato is a graduate of Hitotsubashi University in Tokyo with a Bachelor of Arts degree in social sciences. He will report to Rich Hiller, executive vice president of MOL Liner. Additionally, MOL (America) Inc. will change some Transpacific trade management assignments as follows:
Hempel A/S announces that Anders Boyer-Søgaard, CFO and member of Executive Management of GN Store Nord A/S, will succeed CFO Kim Junge Andersen who will join Rockwool as CFO as per January 1, 2016. In 2007, Anders Boyer-Søgaard joined GN Store Nord where he is the CFO and member of the Executive Board. GN Store Nord is listed on Nasdaq OMX Copenhagen and is part of the OMX C20 index. GN Store Nord had 5
Thames Coastguard are currently assisting the crew of a jack up rig who were working to install an off shore wind farm off Gunfleet Sands, near Clacton on Sea. The front two legs of the rig have sunk into the sand about three metres and work is now necessary in order to make the rig safe and operational. The crew of the rig have now been safely evacuated and the Walton and Clacton Lifeboats are now standing by for safety reasons.
MISSISSIPPI RIVER REOPENED TO VESSEL As of 3:30 p.m. Monday, the U.S. Coast Guard reopened the Upper Mississippi River from mile marker 130 to 145 to vessel traffic. The river was closed to vessel traffic after the Marquette Transportation Lines towing vessel John Paul Eckstein, pushing 25 grain barges, suffered mechanical problems and struck an unused dock, causing the tow to break up and 1 barge to sink. The Coast Guard worked with U.S
WISTA USA President Jeanne M. Grasso said that Rear Admiral (RADM) Mary Landry (United States Coast Guard (USCG) Retired), the Federal On-Scene Coordinator during the first days of the Deepwater Horizon incident, will be the keynote speaker at this year’s WISTA luncheon held on March 19th at the beginning of the Connecticut Maritime Association’s Shipping 2012 conference. This is the 7th year that WISTA has held this luncheon, which kicks off the annually successful CMA event
Karin Orsel, a prominent leader in the shipping industry and President and CEO of MF Shipping Group, will be the keynote speaker at WISTA USA’s tenth annual luncheon, kicking off the Connecticut Maritime Association’s Shipping 2015 conference. The luncheon is scheduled for March 23, 2015 at the Hilton Stamford in Stamford, Connecticut. “We are pleased that Karin Orsel will be sharing her experiences as a business owner and thought leader in the maritime industry
In recognition of the International Maritime Organization’s “Year of Piracy,” WISTA USA announced that world renowned piracy negotiator, Suzanne Williams QPM, will be the keynote speaker at its sixth annual WISTA USA luncheon on March 21st, kicking off the Connecticut Maritime Association’s Shipping 2011 conference. The luncheon will begin at 11:45 in the Ballroom II of the Hilton Stamford Hotel and is open to all at a cost of $55 for WISTA members and $70 for
MTU, a Rolls-Royce brand, was chosen to power the Sikuliaq, a U.S. academic research vessel tailor-made for oceanographic research. The Sikuliaq, one of the most advanced university research vessels in the world, is owned by the National Science Foundation (NSF) and operated by the University of Alaska Fairbanks as a part of the University-National Oceanographic Laboratory System’s academic research fleet.
So what’s keeping ship operators awake at night these days? Plenty, it seems. Sluggish recovery from a lingering worldwide recession, unsustainable debt loads, endemic overcapacity in most shipping trades, punishing freight rates, rising costs of fuel and regulatory compliance and a lingering sense that ships are not running as efficiently as they could. The last two topics – reducing fuel costs while complying with emission regulations and improving ship operating
Stricter environmental regulations and soaring fuel prices have vessel owners and operators looking for innovative means to drive their vessels more efficiently and cost-effectively. Shipowners and operators faced with mounting fuel costs and tightening environmental regulations are looking at a big hit to the bottom line, and savvy owners are searching for solutions that show promise to reduce operating costs and emissions