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."
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
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, 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’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
Inmarsat Government, a leading provider of secure, global, mission-critical telecommunication solutions to the U.S. public sector, announce the appointment of Susan Miller as president and chief executive officer. In this role, Miller will be responsible for the overall business strategy and direction for Inmarsat Government, a wholly-owned, independent subsidiary of Inmarsat plc, responsible for all direct U.S. government business.
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
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 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
The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today the addition of Susan Ludwig to its staff as Regional Director of Philanthropy. Based in Fairfield County, Ms. Ludwig will work in the northeastern United States, concentrating on New York, Connecticut and New Jersey to engage individual, corporation and foundation donors and prospects to broaden the reach of the Foundation in the region.
UDIN Engineering boosts FORAN in Korea Busan-based Unique Design and Intellectual Networks Engineering Co., Ltd. (UDIN) has recently entered into agreement with SENER Korea Engineering and Systems Co., Ltd. (SKES) for the permanent license of the FORAN System and related technical assistance.
The World Bank Group and the World Trade Organization (WTO) have agreed to enhance their co-operation in assisting developing and least-developed countries to better utilize trade facilitation programs which can help countries reduce trade costs and more fully engage in the global economy
Hydroid, Inc., a subsidiary of Kongsberg Maritime and a leading manufacturer of autonomous underwater vehicles (AUVs), today announced that it has been named the Southeast division gold winner in the 11th Annual Massachusetts Economic Impact Awards
The U.S. and Republic of Korea (ROK) navies will participate in Exercise Clear Horizon, October 20-24, in waters south of the Korean peninsula. Clear Horizon is an annual bilateral exercise between the U.S. and ROK navies designed to enhance cooperation and improve capabilities in mine
Greatland Laser CEO, Kim Erickson, announced that Andy Little has joined the company as its new President. “We welcome Andy’s experience and leadership to Greatland Laser,” Erickson said. “In his role as President, he will be responsible for driving revenue growth
The American Waterways Operators, a 350-member trade association representing the U.S. tugboat, towboat and barge industry, hailed the House introduction of critical vessel discharge legislation yesterday, praising the leadership of sponsors Duncan Hunter (R-CA)
The American Waterways Operators, a 350-member trade association representing the U.S. tugboat, towboat and barge industry, hailed the House introduction of critical vessel discharge legislation yesterday, praising the leadership of sponsors Duncan Hunter (R-Calif
Bordelon Marine has committed to a yearlong campaign to fight breast cancer that will see the company donate a portion of profits from its ship, the M/V Shelia Bordelon, to the New Orleans affiliate of Susan G. Komen for the Cure. In support of this partnership
Millions of visitors and residents could hardly miss the message projected on the side of the world famous United Nations building in New York this week: "Put a price on carbon." At the UN's Climate Summit this week a diverse group of global leaders
On 1 October, Ola Helgesson will take up the position of CFO at Concordia Maritime AB after having held the position of CFO at Stena Line group. Ola Helgesson has long experience as CFO at listed companies and solid knowledge of shipping. He also has a broad CFO profile with expertise in
Chinese Premier Li Keqiang will attend a summit of European and Asian leaders on a trip starting next week that will also include a visit to Germany and the signing of energy and high-speed rail deals with Russia, the government and state media said.
China aims to ease transport bottlenecks which are affecting economic development by 2020 with a plan announced on Saturday to tackle issues such as excessive road tolls and poor connectivity and to ensure the smoother flow of goods. Despite billions of dollars being invested in recent years on
Iran is not ready to replace Russia as a key gas supplier if sanctions against Tehran are removed, Itar-Tass news agency quoted Iranian President Hassan Rouhani as telling Russian TV channel Rossiya 1. The European Union is quietly increasing the urgency of a plan to import natural gas
A South Korean naval ship fired warning shots on Tuesday after a North Korean patrol boat crossed a disputed sea border off the peninsula's west coast and fired shots back before retreating, a South Korean defence official said. There were no casualties on the South Korean side, he told Reuters
Several key oil and gas developments in Norway will cost much more than earlier expected and fields with approved development plans are now seen 10 percent more expensive than originally planned, the oil and energy ministry said on Wednesday.