Michael Hennessey Named Chairman. At its October 19, 2011 meeting in Pittsburgh, the National Waterways Foundation (NWF) elected the following officers: Michael W. Hennessey, Vice President, Sales and Marketing, Brownsville Marine Products, was elected Chairman. He succeeds Craig E. Philip, President and CEO, Ingram Barge Company, who remains on the Foundation as Immediate Past-Chairman. Michael Toohey, President and CEO, Waterways Council, Inc., was named Secretary. Joseph H. Pyne, Chairman and Chief Executive Officer, Kirby Corporation, was re-elected as Treasurer of the Foundation. “I look forward to working with our esteemed officers and trustees this year, as the Foundation considers undertaking a number of industry studies and activities that will better allow the waterways industry to tell its story through facts and data,” said Chairman Hennessey. The mission of the National Waterways Foundation is to develop the intellectual and factual arguments for an efficient, well-funded and secure inland waterways system. The full list of National Waterways Foundation Trustees can be found at www.nationalwaterwaysfoundation.org
Keppel said it will acquire a substantial stake in OWEC Tower, an industry leading designer of jacket foundation. KV Ventus B.V., a wholly-owned subsidiary of Keppel Corporation Ltd. (Keppel) has today entered into a share purchase and subscription agreement and shareholders' agreement to acquire a 49.9% stake in offshore wind turbine foundation designer OWEC Tower (AS) for about NOK 61 million. OWEC Tower, headquartered in Norway
The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced that board member, Guy Edison Clay Maitland, was the recipient of the Coast Guard’s Distinguished Public Service Award. Presented by Coast Guard Commandant ADM Robert Papp, the honor for “personal and direct contributions” was bestowed following remarks at the Foundation’s 30th Annual Salute to the United States
Ross E. Roeder Shipmate Fund Improves Morale and Welfare for Active Duty Coast Guard Members. The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced the launch of the Ross E. Roeder Shipmate Fund. Established to benefit the morale, education and wellness of Coast Guard units and their families in Northern Michigan
Prince Khaled bin Sultan of the Kingdom of Saudi Arabia recognized for marine wildlife conservation & science contributions. Prince Khaled is the founder of the Khaled bin Sultan Living Oceans Foundation, dedicated to conservation of the world's oceans. For the past eleven years Prince Khaled has spearheaded the Foundation through his personal leadership, financial support, and by making the ships and aircraft of the Golden Fleet available to scientists from around the world
The Landing School, a post-secondary institution focused on educating tomorrow's marine industry professionals, announced they have received a grant from the Collectors Foundation, an educational grant-making organization founded by Hagerty Insurance and funded by classic vehicle and boat enthusiasts. The Landing School first received grant money from the Collectors Foundation in 2005. Since then, the Foundation has granted $50,000 to The Landing School
The TK Foundation has announced the approval of eight grants totalling nearly $2 million. The TK Foundation is a strong funding vehicle for maritime programs and youth development. Its maritime grant-making program is proactive, inviting maritime organizations to submit requests for funding in specific areas of interest to the Foundation. In keeping with its focus on supporting non-profit organizations and programs that improve the maritime realm
Non-Profit Organization’s Dinner and Tribute to Take Place on August Eighth. The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced today that its Alaska Awards Dinner in tribute to the United States Coast Guard will take place on Wednesday, August 8, 2012 at the Hotel Captain Cook in Anchorage, Alaska
In a recent survey conducted by Wind Energy Update (WEU), five sub-areas of wind power plant installation were selected for cost reduction. The sub area selected by the senior executives with most potential for cost reduction was foundations, with almost twice as many responses as the next closest. Foundations make up 19% of an offshore wind power plant’s LCOE according to Lindoe Offshore Renewables Center [LORC]
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, recognized its Commander Daniel J. Christovich Scholarship awardees and 2013 college graduates at its recent 9th Annual Tribute to the United States Coast Guard in Washington DC. The Daniel J. Christovich Scholarship is generously funded by Lisa Kazor Christovich in honor of her husband's distinguished career in the Coast Guard
Keppel Corporation (Keppel) and the National University of Singapore (NUS) announced the founding of the Keppel-NUS Corporate Laboratory, in collaboration with the National Research Foundation (NRF), Prime Minister's Office, Singapore. The laboratory
Royal Dutch Shell plc is donating US$2.5 million, in response to the catastrophic typhoon Haiyan that struck the Philippines. The donation from the Shell Group will be used for rebuilding and rehabilitation efforts in the areas badly hit by typhoon Haiyan
The Maria Tsakos Foundation-International Center for Maritime Research and Tradition and ClassNK have embarked on a joint venture to cooperate on matters of common interest, with emphasis on maritime research and environmental protection.
Amongst the latest listing of US Department of Defense, Navy, contracts, the existing time charter of a U.S.-flagged, ice-class certified, double-hulled product tanker of Maersk Line Ltd. of Norfolk Va. is extended. The $14,223,440 modification is under a previously awarded firm-fixed-price
Funds managed by IK Investment Partners (IK) have entered into an agreement with the Norwegian foundation Det Norske Veritas (DNV), to acquire its subsidiary DNV Petroleum Services (DNVPS), a global leader in fuel management services. Financial details for the transaction were not disclosed.
Funds managed by IK Investment Partners (IK) have entered into an agreement with the Norwegian foundation Det Norske Veritas (DNV), to acquire its subsidiary DNV Petroleum Services (DNVPS), a global company in fuel management services. Financial details for the transaction were not disclosed.
The Board of Directors of Matson, Inc. a leading U.S. carrier in the Pacific, has declared a third quarter dividend of $0.16 per common share. "Today's dividend declaration reflects the solid foundation of our core businesses and the continued confidence we hold in our ability to generate
Netherlands-based Fugro has been awarded a contract of around US$ 90-million by Mexico’s national oil company PEMEX for ultra deep water geotechnical and pilot hole (drilling and logging) services associated with the de-risking of drilling locations and field developments planned offshore
The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of Coast Guard members and their families, recognized the Coast Guard Remember movement and awarded Lieutenant Lucy Love the 2013 Coast Guard Foundation Beacon Award at its 33rd annual Salute to the United
The Ministry of Transport of the People’s Republic of China and the Ministry of Transport of the Russian Federation have signed a MOU on navigational safety and marine environment protection in Beijing. Both sides reached a consensus on a comprehensive cooperation of maritime safety
Danish Shipowners' Association in collaboration with the World Maritime University; BIMCO; The Nippon Foundation and the Japanese International Transport Institute will focus on maritime corporate social responsibility (CSR) at the Culture Yard in Helsingør on Tuesday November 12, 2013.
The commander of U.S. Pacific Fleet reaffirmed America's commitment to the Indo-Asia-Pacific rebalance during a keynote speech in Canberra, Australia, October 31. In his first international trip since assuming command on October 16, Adm. Harry B. Harris Jr
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, will hold its 20th annual tribute to the United States Coast Guard Seventh District on November 8th, 2013, at the Renaissance Vinoy Hotel in St
Webb Institute, a 4-year college specializing in Naval Architecture and Marine Engineering, is pleased to announce that seniors Henry Jansen, from Bayville, NY, and Elli Wunder from North Bend, WA have been named the recipients of the 2013 – 2014 McMullen Family Foundation Scholarship.
Honorary Rear Admiral Sir Donald Gosling KCVO RNR has received the honorary degree of Doctor of Maritime Studies from Southampton Solent University, in recognition of his outstanding contribution to the maritime sector. Sir Donald began his career with the Royal Navy on the naval training ship