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 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.
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.
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
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
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.
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.
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
The Board of Directors of AziPac Ltd. have appointed Mr Frank Inouye as Managing Director, with immediate effect. Frank brings over 34 years of industry experience to AziPac and the wider Azimuth and Seacrest Group. He has worked extensively in Australia, Asia, North Africa
Helge Vatnehol has been appointed Group CEO of Rapp Marine. Vatnehol comes from the position of Senior Vice President Offshore Deck Machinery in Rolls Royce and takes over on September 1, 2014. “The companies in the winch division of former Rapp Marine Group have been collected within
Today in U.S. Naval History - August 18 1838 - Exploring Expedition under Lt. Charles Wilkes embarks on world cruise. 1911 - First Navy Nurse Corps superintendent, Esther Voorhees Hasson, appointed 1965 - First major amphibious assault in Vietnam, Operation Starlight captures 2
PGS' General Counsel Rune Olav Pedersen's role is expanded to also include the following departments from Corporate communications; investor relations (IR), internal and external communications, corporate marketing and customer relations
After 17 years with Dampskibsselskabet NORDEN A/S, with almost 10 years as CEO, Carsten Mortensen says he has decided to resign his position as CEO of NORDEN and seek new challenges as Group CEO of the maritime BW Group. The Board of Directors is in the process of finding a successor
Thomas Ellerbeck, member of the Management Board of the Germany-based travel and cruise ship firm TUI AG, has been appointed by the Group’s Executive Board to take over this mandate from Friedrich Joussen, who is CEO of TUI AG. (With Hapag-Lloyd Kreuzfahrten and TUI Cruises
Governor Bobby Jindal appointed south Louisiana businessman and entrepreneur Laney J. Chouest to the Board of the Commissioners of the Port of New Orleans. Chouest, who was sworn in during today’s Board meeting, will serve a five-year term, succeeding Joseph F
GAC Pindar has been appointed official logistics provider for the inaugural Foiling Week event, to take place on Lake Garda, Italy from July 4 – 10. Foiling Week is a new event dedicated to foiling (‘flying’) boats, their designers, builders and athletes
Leading gas & oil company, Total E&P, has appointed GAC South Africa to provide shipping and logistics support for its drilling project off the coast of South Africa, which started in June this year. Total E&P is one of the first companies to drill for oil & gas in the
The Liberian Registry informs that Alfonso Castillero, former Director-General of the Panama Registry, has joined their organization as Vice-President. Castillero worked for sixteen years in the Panamanian maritime sector, rising through the ranks to become head of the registry and
Bunker trading company A/S Dan-Bunkering Ltd. introduced a new organizational structure effective August 1, 2014. The company said the move was made to maintain its position, continue expansion in the marketplace and to accommodate a newly implemented strategy.
Patrick T. Mulva, vice president and controller of Exxon Mobil Corporation has announced his intention to retire on Sept. 1, 2014, after more than 38 years of service. Mulva, 63, joined Exxon Company U.S.A. in 1976 as a financial analyst at the company’s refinery in Baton Rouge
KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has appointed Carsten Ladekjær as Chief Executive Officer for the group. Ladekjær is an industry veteran with 20 years in the bunker business
Exxon Mobil Corporation’s board of directors has elected David S. Rosenthal as vice president and controller and Jeffrey J. Woodbury as vice president of investor relations and secretary, effective Sept. 1. Rosenthal, 58, is currently vice president of investor relations and
MCP’s Board of Directors appointed Frode Støldal as new CEO for the Telenor subsidiary. Støldal replaces MCPs founder, Knut Fjellheim, who has served as interim-CEO and now returns to his previous role as COO/CTO. Frode Støldal has vast management experience from across