Morten Engelstoft has been appointed CEO of Maersk Tankers with effect from January 1, 2014 following Hanne B. Sørensen’s appointment as CEO of Damco. Morten Engelstoft has also been appointed CEO of Services & Other Shipping which consists of Maersk Supply Service, Maersk Tankers, Svitzer and Damco. Maersk Tankers is one of four businesses in Services & Other Shipping which consists of Maersk Supply Service, Maersk Tankers, Svitzer and Damco. The target for Services & Other Shipping is to strengthen the next level of businesses in the Group and reach USD 500 million in operational profit by 2016. Morten Engelstoft brings with him several years of experience from the Maersk Group. He joined A.P. Møller – Maersk in 1986 and has held several positions in the group. He has most recently held the position as COO of Maersk Line. Morten Engelstoft holds an Executive MBA from IMD (2005). Hanne B. Sørensen leaves her position as CEO of Maersk Tankers to become CEO of Damco after Rolf Habben-Jansen, who announced his departure in September 2013.
Gulf Navigation Holding PJSC (DFM: GULFNAV), the Dubai-based shipping company, has confirmed the appointment of Parag Jain as the company’s new Chief Executive Officer (CEO). The confirmation is a welcome move as Jain has been serving in the capacity of acting CEO since May of this year. With over 20 years of experience in the marine and maritime industry, Parag’s dynamic leadership and proficiency in the business is expected to help steer the company’s journey towards more
The Board of Directors of Overseas Shipholding Group, Inc. (OSG) announced the appointment of Morten Arntzen as the company's new President & CEO. Mr. Arntzen, who last served as CEO of American Marine Advisors, Inc., a U.S. based merchant banking firm specializing in the maritime industry, has extensive experience in the international shipping business. Arntzen, 48, will succeed OSG's long-time CEO, Morton P. Hyman, who recently retired at the end of this year.
The Board of Directors of Overseas Shipholding Group, Inc. (OSG) today announced the appointment of Morten Arntzen as the Company's new President & Chief Executive Officer. Mr. Arntzen, who currently serves as Chief Executive Officer of American Marine Advisors, Inc., a U.S. based merchant banking firm specializing in the maritime industry, has extensive experience in the international shipping business. Mr. Arntzen, 48, will succeed OSG's long-time CEO, Morton P
Horst Binnig was appointed CEO of Rheinmetall Automotive's parent company KSPG AG and will take over beginning January 1, 2014. As Executive Board member of Rheinmetall AG, he will also represent the interests of the automotive sector within the Rheinmetall Group. From the start of 2014 and in both these positions he is succeeding Dr. Gerd Kleinert who after 13 years of successful activities in the Rheinmetall Group is stepping down from his CEO position and enetering retirement.
Fred van Beers, the newly appointed CEO for Blohm+Voss, unveil details of an aggressive new investment plan in the superyacht sector. Over the next year, the company is restructuring some independent divisions under the same roof. It’s further offering lifetime warranties and monitoring equipment on all new builds. This plan has been prepared over the past few months in partnership with Star Capital and the Board of Directors.
At its recent meeting in Oslo, Jacob Stolt-Nielsen, 70, informed the Board of Stolt-Nielsen S.A. that as part of the handover of his responsibilities he whished to resign as chairman of the Stolt-Neilsen Transportation Group Limited (SNTG), the Group's chemical transportation business. Jacob Stolt-Neilsen is the founder of SNTG and has been its chairman since 1959. As a pioneer of the deep sea, multigrade parcel trade in chemicals and other specialty products, he remains chairman of SNSA
Luxury cruise line, Silversea Cruises, Ltd., has announced that its owners, Italy's Lefebvre family, have completed a restructuring of its family holdings. As part of this process, Dr. Manfredi Lefebvre has been appointed Chairman of Silversea, assuming this responsibility from his brother Professor Francesco Lefebvre. In his first order of business, Dr. Lefebvre has appointed Albert Peter to the position of CEO, effective immediately.
Juha Heikinheimo has been appointed as President of Aker Yards' business area Cruise & Ferries and President of Aker Yards Oy in Finland. He will also be a part of the executive management team in Aker Yards. He will be based in Helsinki. Heikinheimo takes over from and reports to Mr. Yrjö Julin, who was earlier this week appointed President and CEO of Aker Yards ASA.
There has been a great deal of merger activity in the shipping industry over the past few years, especially amongst owners, but, Anglo-Eastern Group and Univan Group have reached an agreement, with the culmination of the largest ever merger of independent, third party ship management companies – the Anglo-Eastern Univan Group. Already in the top three global ship management companies, Anglo-Eastern’s merger with Univan Ship Management creates the industry leader
Acknowledged expert in the field becomes head of Quality and Operational Excellence at ABB, effective June 6, 2016 ABB has appointed Pascale Abruzzese as head of Group Quality and Operational Excellence. Abruzzese, a British national, is currently Chief of Operations for Philips International
The National Ocean Industries Association (NOIA) elected 14 industry leaders to its Board of Directors on April 21, 2016 during its Annual Meeting in Washington, DC. Appointed to first term on the Board of Directors: Galen Cobb, Vice President Industry Relations, Halliburton
Members of the maritime community gathered last evening at the New York Athletic Club to honor three of its leaders: H. Marshall Ainley (President, Marine Engineers’ Beneficial Association), Ian T. Blackley (President & CEO, Overseas Ship Management, Inc.) and Raymond J. Burke Jr
Cosco Pacific Ltd. has appointed Zhang Wei as vice chairman and managing director, replacing Qiu Jinguang who has stepped down from the positions with immediate effect, reports Dow Jones. "Qiu Jinguang has resigned as an Executive Director
Israel’s shipping firm ZIM Integrated Shipping Services has launched an extensive program aimed at changing its organizational structure. The change is based on the company's business plan to focus on profitable trade areas in which ZIM enjoys competitive advantage.
Dubai's DP World has appointed chairman Sultan Ahmed bin Sulayem as permanent chief executive with immediate effect, the port operator said on Monday, two weeks after he took interim charge following the retirement of the former CEO. Sulayem will hold both roles simultaneously
Dynasafe BACTEC Limited has appointed Chas Reid to International Marine Services Director. Kevin Kneebone MD, Dynasafe BACTEC said, “Chas has over the last 19 years been totally committed to the organization and has in recent years
Association appoints new board members and sets priorities for the future The International Bunker Industry Association (IBIA) has appointed three new members to its Management Board and one new member to the IBIA in Africa Board. The appointments were announced at the Association’s
HSOG Limited appointed antipiracy and ship hardening distribution and installation agents for Marine Armor Systems. Global marine and offshore service provider HSOG has been appointed distribution and installation agents for the and cost effective antipiracy and ship hardening system
Current Executive Vice President Koichi Fujiwara has been appointed as Chairman and President as well as a Representative Director of classification society ClassNK, effective March 7, 2016. Current Executive Vice Presidents Yasushi Nakamura and Tetsuya Kinoshita will continue in their present
Seaspan has named three new Vice Presidents to its Senior Leadership Team, announcing the appointments of Linda Wortman as Vice President, Finance & Accounting; Catherine Chick as Vice President, Business Services & Technology; and Shawn Chylinski as Vice President, Health, Safety
Hyundai Heavy Industries (HHI) has signed an MOU with General Electric Company (GE) to cooperate for the development of GOGES (COmbined Gas turbine Electric and Steam) package for LNG carriers and containerships. The MOU signing ceremony was attended by Choi Kil-seon
Gyungbae Gil appointed to head Korean division of GMS GMS, a cash buyer of ships and offshore structures, has launched a new operation in Korea. The office will be headed by Gyungbae Gil, a trader who was based in Dubai. According to GMS
Darrell Bryan, formerly president and CEO of Victoria Clipper, has started work as interim CEO of Interferry following the retirement of Len Roueche. The Interferry board of directors named Bryan for the role – effective from April 1 - late last year pending the appointment of a
Seattle-based naval architecture and marine engineering consultancy Glosten has appointed John Springer, PE as its new president. As Glosten’s fifth president since its founding in 1958, Springer takes over the role from the company’s fourth President John “Jay” Edgar, PE