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Appointed Ceo

Engelstoft Takes Over as Maersk Tankers CEO

Morten Engelstoft

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.


Horst Binnig to Succeed Dr. Gerd Kleinert as Rheinmetall CEO

Horst Binnig

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.


Silversea Cruises Appoints Albert Peter As CEO

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.


Heikinheimo Named President of Aker Yards, Cruise & Ferries

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.


Arntzen Appointed CEO of OSG

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.


Arntzen Appointed CEO of OSG

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


Stolt-Nielsen Transportation Appoints New Chairman

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


Transocean Appoints New President, COO

Transocean Inc. has named Jean P. Cahuzac as president and Steven L. Newman as chief operating officer. Cahuzac, who previously served as executive vice president and chief operating officer of the company, will report to Robert L. Long. Long was president and CEO but will now continue as CEO and as a director of the company. Cahuzac joined a predecessor company of Transocean in 1979 and has held various international technical and senior management positions in the oil and gas


Wärtsilä Appoints Chairman of Chinese Operations

Jukka Murtoaro, currently President of Wärtsilä Singapore, has been appointed Chairman of Wärtsilä's Chinese operations starting from January 1, 2004. Murtoaro will relocate in Shanghai. In his new position he will report to Ole Johansson, President & CEO of Wärtsilä Corporation. Mr Richard Wang, President of Wärtsilä China Ltd. and Mr Matti Mikkonen, Senior Vice President, Corporate Ventures will continue in their present positions reporting to Jukka Murtoaro.


Samer Halawi Appointed CEO of Thuraya

Photo courtesy Thuraya Telecommunications Company

Thuraya Telecommunications Company, a mobile satellite communications company, appointed Samer Halawi as Chief Executive Officer. Halawi assumed the office on January 23, 2011 following the return of Yousuf Al Sayed to the Etisalat Group. Halawi has held several leadership positions in major regional and international telecom firms. Most importantly, he brings with him several years of experience in managing satellite telecom businesses and major customers across the Middle East


Ensco Appoints Rowsey as Non Executive Chairman

Paul_Rowsey

  Ensco plc announced today that Paul Rowsey has been named Non-Executive Chairman of the Board following Dan Rabun’s planned retirement on 18 May 2015 concurrent with the annual general meeting of shareholders. Mr. Rowsey has been a member of Ensco’s Board of Directors since 2000


Marsh to Take Over as Lloyd’s Register CEO

Alastair Marsh (Photo: LR)

Alastair Marsh, current CFO at the Lloyd’s Register Group Ltd. (LR), has been appointed as the successor to CEO Richard Sadler who has decided to step down at the end of 2015.   Sadler will pass the CEO role to Marsh on October 1


Petronet LNG appoints new chairman

Image: Petronet LNG

 India’s largest importer of the chilled gas Petronet LNG has appointed Kapil Dev Tripathi, Secretary, Ministry of Petroleum and Natural gas as Chairman and Director on the Board of the company.   The appointment follows the former Chairman and Director of the company Board


Maersk Line Gets New Head in China

Mike Fang. Photo from LinkedIn profile

 Maersk Line on May 21 announced that Mike Fang become the company's new chief of east - and central China. He joins with effect from 1 July 2015.    Fang has been head of Maersk Line North China since 2012. He replaces David Williams, who will become the new CEO of Safmarine.


Odfjell SE Appoints CEO/President

KRISTIAN MØRCH

  The Board of Directors of Odfjell SE has appointed Kristian Mørch (48) as the Company’s new CEO / President. He will succeed CEO/President Tore Jakobsen (64) latest by November 1st 2015. Mr Mørch is a Danish citizen and presently holds the position as co-CEO of


Lie Appointed SVP Communications, Cargotec

Leena Lie

  Leena Lie, M.Sc. (Econ.), (b. 1968) has been appointed Senior Vice President, Communications at Cargotec Corporation as of August 1, 2015. She will be a member of Cargotec's Extended Executive Board and report to President and CEO Mika Vehviläinen.


Roozendaal to head MacGregor Business Area

Michel van Roozendaal

  Michel van Roozendaal (M.Sc. Aerospace Engineering; MBA INSEAD, Fontainebleau; b. 1963) has been appointed President of the MacGregor business area. He will be a member of Cargotec's Executive Board and report to President and CEO Mika Vehviläinen.


Twin Disc Chairman Michael Batten Passes Away

Twin Disc, Inc. announced the passing of Michael E. Batten, Chairman of Twin Disc, Inc. He died in his sleep on the morning of May 6, 2015 at the age of 75.    Batten worked at Twin Disc since June 1, 1970 and was fully devoted to the company and his family


Singapore's Transport Minister to Speak at LISW 2015

Minister for Transport Mr Lui Tuck Yew Courtesy Singapore Transport Ministry

London International Shipping Week 2015 (LISW) is delighted to announce that Mr Lui Tuck Yew, Singapore’s Minister for Transport, has confirmed that he will speak at the official LISW Conference on 10th  September 2015 at the Grosvenor House Hotel on London’s Park Lane.  


DNV GL's CEO Madsen Appointed UN Global Compact Board Member

Dr Henrik O. Madsen, Group President & Chief Executive Officer of DNV GL

  United Nations Secretary-General Ban Ki-moon has appointed Dr Henrik O. Madsen, Group President & Chief Executive Officer of DNV GL, as a new board member to the UN Global Compact board, the world’s largest voluntary corporate sustainability initiative.


ABS Hosts Technical Committee Meetings

Howard Fireman (Photo: ABS)

The American Bureau of Shipping (ABS) held its annual Marine Technical Committee and Offshore Technical Committee meetings in Houston May 7-8, 2015, convening a broad cross section of industry stakeholders to review proposed changes to ABS Rules and to discuss the direction of the organization's


Petrobras Directors Agree on Audit Committee Composition

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  Petrobras’ Board of Directors has unanimously approved the new composition of its Audit Committee, by appointing Directors Luiz Nelson Guedes, Luiz Augusto Fraga Navarro de Britto Filho and Roberto da Cunha Castello Branco as the new members of this Committee.


Statoil Appoints CFO, 3 EVPs and Rejigs Top Deck

CEO Eldar Sætre

  Statoil appoints new chief financial officer (CFO), and launches business area for New Energy Solutions (NES). Three new executive vice presidents (EVPs) are appointed as members of the corporate executive committee (CEC). CFO Torgrim Reitan is appointed EVP for Development &


Imtech Management Quits as Turnaround Stalls

CEO, CFO to step down, new CEO from inside company. The CEO and finance chief of Dutch builder Imtech have resigned from the company, as a drop in sales and weaker profit margins showed plans to restore confidence following an accounting scandal were faltering.


MVS USA Appointed as Inmarsat GX VAR

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  Inmarsat today announced the appointment of MVS USA, a leader in mobile satellite communications and a founding Inmarsat Distribution Partner, as a Global Xpress (GX) Value Added Reseller (VAR) for the Maritime market, selling FleetBroadband Xtra and Fleet Xpress.






 
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