KIM SUSAN

New President of STX Finland

Juha Heikinheimo has resigned from the position as President of STX Finland Oy. He will be replaced by Su-Jou Kim, who currently holds the position as Chairman of STX Finland. Su-Jou Kim will be temporary acting President of STX Finland. Despite significant improvements during the last few months, STX Finland is going through very challenging times - in particular at the Turku shipyard - following the delivery of the "Allure of the Seas" in October 2010. Compared with its high shipbuilding capacity for cruise ships, STX Finland and the Turku shipyard have not been successful in getting new orders. The main task for the new President will therefore be to secure new orders and gradually restore the activity level of STX Finland. Mr Kim will be supported by a commit-ted and experienced management team in these efforts. In the last few months STX Finland has seen significant improvements to its productivity and cost structure. These efforts will be accelerated and further strengthened to improve the competitiveness of STX Finland. The new President of STX Finland says: "My objective is that STX Finland shall again be in a position to build and deliver the world's most magnificent cruise vessels - and exceed the clients' expectations when it comes to quality, innovation, reliability and deliverability."

Second LCS Christened CORONADO (LCS 4)

Coronado, the second Independence-variant Littoral Combat Ship (LCS), was christened on January 14, 2012 during a ceremony at Austal USA in Mobile, Alabama.   The Independence-variant LCS, with its trimaran hull–design, offers maneuverability, stability, endurance, shallow draft, three weapon zones, and a flight deck larger than any other U.S. Navy surface combatant, Susan Ring Keith is the ship’s sponsor

Maersk Containership Is Largest To Call U.S.

History was made by Maersk Lines last June when the Line's containership, Susan Maersk sailed into the Port of Long Beach, Calif. on its maiden voyage - establishing a new record as the largest ever to call a U.S. port. Measuring twice the length of the Washington Monument, wider than the Panama Canal and equal in length to about four football fields, the 6,600 TEU vessel was deployed into Maersk's Asia/U.S. West Coast TP6 Service.

Susan Schrempf Receives Queen’s Diamond Jubilee Medal

Susan Schrempf, President and CEO of the Owen Sound Transportation Company was honored with the Queen’s Diamond Jubilee Medal.   Throughout Ms. Schrempf’s tenure with the Owen Sound Transportation Company and Ontario Northland Transportation Commission, she has played a key role in Canada’s transportation industry.  She is the past-president and 2nd vice-chair of the Canadian Ferry Operators Association (CFOA).

Hill Dickinson Announces Promotions

Hill Dickinson’s market-leading marine, trade and energy group announced its latest series of promotions. A total of eight promotions have been made across the group’s yacht, shipping and energy and commodities teams. Pawel Wysocki, Stuart Kempson and Ian MacLean have been promoted to Partner. Susan Leonard and Mary Prentice have taken on the role as Legal Director and Thomas Frei, Fergal Quinn and Edward Hicks have been promoted to Associate. Team information

Briefing on DPW acquisition of P&O

The Senate Committee on Homeland Security and Governmental Affairs received a Briefing from Administration personnel on the Dubai Ports World (DPW) acquisition of the Peninsular & Oriental (P&O) company. Committee Chair Susan Collins (R-ME) issued a Press Release stating that she introduced a resolution calling for a thorough review and Congressional consultation before the transaction could proceed. Source: HK Law

MMA To Host Fishing, Ferry Industry Event

The Ship Operations Cooperative Program (SOCP) invites the maritime industry to attend the next SOCP meeting on June 12-13, 2001 at Massachusetts Maritime Academy in Buzzards Bay, Massachusetts. The meeting will feature Mr. Bernardo Obando-Rojas, Seafarers International Research Center, Cardiff University speaking on fraudulent Practices for Certificates and Endorsements. Topics being covered will include an Alternative Fuels discussion panel

APM Terminals Invests in Russia

APM Terminals is entering the Russian market in a strategic partnership with the leading Russian transportation group, N-Trans. By acquiring 37.5 pct. of the public company Global Ports, APM Terminals becomes an equal controlling partner in the leading operator of container terminals in Russia. Up until now, N-Trans has been the sole controlling shareholder of Global Ports with 75 pct. ownership. The transaction values Global Ports approximately at USD 2

Long Island Ferry Accident Leaves One Dead

In a freak accident that occurred in the Long Island Sound off the coast of Orient Point, L.I., a 65-ft. tractor-trailer rolled off Cross Sound Ferry's 250-ft. vessel, Susan Ann. The first signs of trouble began the morning of November 19, when according to the Police Department, Town of Southold, L.I., the vehicle, a 1989 Western Star Tractor Trailer with the driver inside, broke free - falling off the rear of the above vessel while in the Plum Gut are of the Long Island Sound — east of

Vinashin Begins Construction of Container Production Plant

The Vietnam Shipbuilding Industry Corporation (Vinashin) recently began construction of a container production plant in Lai Vu commune, Kim Thanh district, located in the northern province of Hai Duong, according to VNA reports. The plant, the first of its kind to be built in Vietnam, has a capacity of 30,000 TEU per year to meet the increasing demand from both local and international fleets operating in Vietnam. The plant will be built, at an estimated cost of over $22 million