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
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
By Kim Palmer, Reuters The Great Lakes saw some of their worst ice cover in nearly four decades because of a frigid winter with months of below-freezing temperatures in large sections of the northern United States, the National Ocean and Atmospheric Administration said.
The American Waterways Operators, the national trade association representing the tugboat, towboat and barge industry, praised yesterday’s Senate introduction of a bill calling for the enactment of a uniform national standard for the regulation of ballast water and other vessel discharges
The Woods Hole Oceanographic Institution (WHOI) has appointed Christopher Land to be its General Counsel and Vice President for Legal Affairs. Land assumes his post on March 3. As general counsel, Land will provide advice, opinions and representation on all areas of law affecting the
By Paolo Bayas Commander, Task Force (CTF) 70; Commander, Destroyer Squadron (DESRON) 15; and Republic of Korea navy (ROKN) Maritime Task Flotilla (MTF) 7 held a Composite Warfare Committee (CWC) to improve combined warfighting skills and strengthen the U.S. and ROKN alliance, Feb. 17-20.
APM Terminals and Brookfield Asset Management announce the formation of a joint venture at APM Terminals’ Port Elizabeth, New Jersey facility, subject to the Port Authority of New York/New Jersey and regulatory approvals which are targeted to be received in the next couple of months.
I must admit that exploring the historical nature of our business is one of my favorite endeavors, and this month we are pleased to continue our series of articles in celebration of our 75th anniversary. Patricia Keefe again graces our pages with her overview of the creation and fate of what is
Concordia Maritime has signed an agreement with Shell Tankers Singapore Private Ltd. covering the employment of the P-MAX tankers Stena Penguin and Stena Progress. “Generally speaking, the product tanker market is developing well and in accordance with our planned fleet disposition
U.S. Senators Susan Collins, a senior member of the Senate Defense Appropriations Subcommittee, and Angus King, a member of the Senate Armed Services Committee, have announced that Bath Iron Works (BIW) has been awarded a preliminary design contract for the U.S
Global health insurer Allianz Worldwide Care say they have launched a new plan which offers a compliant solution for on-shore health care to shipping companies affected by the Maritime Labour Convention 2006 (MLC 2006), commonly known as the “Seafarers’ Bill of Rights”.
Reported – Vessel Name – DWT – Built(Age) - Price Millions USD Bulk Carriers 01/13 BAO YUN DA - 5,769 - 96(18) - $1.5 01/20 PACIFIC CHIKUSA - 16,870 - 00(14) - $5 01/13 CYNTHIA PIONEER - 23,641 - 09(5) - $15 01/20 DANIELA BOLTEN - 23,641 - 08(6) - $14.8
The 14th Annual California Maritime Leadership Symposium, slated to take place February 19-20 at the Sacramento Convention Center, attracts key members from California’s State Legislature and representatives from California’s ports and the maritime industry
Risk management experts from around the world will gather in Aberdeen on March 5 for a conference that will set the agenda for dealing with the issue and impact of human risk in the oil and gas industry. The first international conference of its kind in the world and proudly organized by SPE
A New Independent Company to Focus on Satellite Communications for Energy Exploration and Production, Maritime and Leisure Markets. Environmental & Safety Systems International, Incorporated (ESSI), an energy industry service leader in Aids to Navigation (AtoN)
Joakim (Kim) Ullman has been appointed President of Concordia Maritime AB with effect from 1 January 2014. Kim comes from Stena LNG where he has been CEO since 2012 and he will replace Hans Norén who will leave Concordia Maritime at the end of the year after ten years as president.
Hyundai Heavy Industries (HHI) has promoted Lee Jae-sung, from CEO to chairman, the position having become vacant when former chairman Min Kye-shik left the shipbuilder in December 2011, reports 'The Korea Times'. This is part of a management reshuffle designed to defy concerns over corporate