Marine link

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.

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.

Aggressive Superyacht Investment Pan for Blohm+Voss


 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.  

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

Anglo-Eastern and Univan Set Sail Together: Largest Ever Ship Management Merger

Pic: Anglo-Eastern Ship Management Ltd

 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

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.

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.

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

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.

New Head for Odfjell Tankers

Harald Fotland (Photo: Odfjell)

Odfjell announced it has appointed Senior Vice President Harald Fotland to new Head of Odfjell Tankers. Fotland comes from the position as SVP/Chief of Staff and has for the past 18 months also been responsible for the cost-cutting and efficiency program in Odfjell.

Reimelt Named Head of GE Power Conversion

Stephan Reimelt has been appointed as president and CEO of GE’s Power Conversion business, succeeding Joe Mastrangelo who becomes president and CEO of Power Generation Products for GE Power & Water, GE Energy Management president and CEO Mark Begor announced today.  

New President, CEO at Rickmers-Linie America

© Rickmers

Rickmers-Linie, the Hamburg-based specialist for liner services in breakbulk, heavy lift and project shipping, has appointed Wouter Huybrechts as the new President and CEO of Rickmers-Linie (America) Inc.    Huybrechts took over for CEO and President Waldemar Poulsen

New CEO Takes the Helm at Transas

Frank Coles (Photo: Transas)

Frank Coles has been appointed as Chief Executive Officer and member of the Board of Directors for Transas Marine, a provider of equipment, software and system integration for the maritime industry.   A maritime business professional, Coles brings to the position leadership experience in

Strum Named Samson President & CEO

Andrea Sturm

Samson, the worldwide leader in performance cordage, announces that after 41 years with the company, Tony Bon will step down as CEO on January 1, 2016. Andrea Sturm has been appointed as Bon’s successor and will be joining the Samson team in November 2015

Petrobras Chairman Ferreira to take Leave

Murilo Ferreira graced the cover of Maritime Professional.

Murilo Ferreira will take a leave of absence as chairman of state-run oil firm Petrobras, turning his full attention to his job as chief executive of Vale SA as the mining giant grapples with a downturn in the sector.   Petroleo Brasileiro SA, as the company is formally known

Wärtsilä: Holm to lead Marine Solutions

Roger Holm will take the helm of Wärtsiläs Marine Solutions Business.

Roger Holm (43) M.Sc. (Econ.), has been appointed President of Marine Solutions, Executive Vice President and member of the Board of Management of Wärtsilä Corporation, effective 1 November 2015. In this position, he is responsible for Wärtsilä's Marine Solutions business

Andersen will be CEO of Hempel

Henrik Andersen

  Hempel A/S announced that CEO Pierre-Yves Jullien will be succeeded by Henrik Andersen, Group COO of ISS A/S, by March 1st 2016.   Henrik Andersen has been with ISS A/S since 2000, since 2011 as Member of the Executive Board, first as Group CFO and from 2013 Group COO

Busan Port Names Woo Ye-jong as New CEO

The Busan Port Authority (BPA) announced Woo Ye-jong has been named as its new CEO, as appointed by the Korean Ministry of Oceans and Fisheries.   Woo took office on July 31, 2015 and will serve for a three year term. He succeeds Lim Ki-tack who will take over as Secretary General at the

Edelweiss Now Controls Bharati Shipyard

Image: Bharati Shipyard

 Edelweiss Asset Reconstruction Company has taken over management control of Bharati Shipyard, says a report in ET.   Edelweiss now controls 70% of the Indian yard’s debts. A month ago plans were made to change the yard’s name to Bharati Defence and Infrastructure as part

Husain appointed ABB’s CTO

Bazmi Husain

  ABB, the leading power and automation technology group, has appointed Bazmi Husain as Chief Technology Officer (CTO), effective January 1, 2016. Husain, an expert in power and automation who has been with ABB for more than 30 years, will report to CEO Ulrich Spiesshofer.

VIKING Expanding Australasian Activities

Servicing under VIKING Shipowner Agreement (Generic)

  VIKING Life-Saving Equipment A/S has acquired a part of Australia-based Wiltrading Pty Ltd.’s maritime safety equipment activities effective 1 September. The move strengthens VIKING’s offering in Australasia, adding 4 locations to the company’s global network of

Texas LNG’s Brownsville Project Progressing

Artist impression depicting Texas LNG’s planned liquefaction facilities. (Image courtesy of Texas LNG Brownsville LLC)

Texas LNG appoints BNP Paribas as financial adviser for Brownsville LNG project, progresses FERC pre-filing process and completes over 60 percent of front end engineering and Design for facility.   Texas LNG Brownsville LLC announced that BNP Paribas has been appointed as financial adviser

Sivertsen is New CEO of EMGS

Stig Eide Sivertsen

  Stig Eide Sivertsen is appointed as Chief Executive Officer of Electromagnetic Geoservices Bjarte Bruheim has decided to step down as Chief Executive Officer of Electromagnetic Geoservices ASA with immediate effect. He has held this position since 7 January 2015, and before that

French Cruise Company PONANT Signs GAC UK

PONANT’s ‘Le Boréal’ will be seen at ports around the UK and Ireland under GAC UK’s agency in May & June 2016

PONANT Yacht Cruises & Expeditions has appointed GAC UK as its agent for all United Kingdom and Ireland port calls in 2016. PONANT’s 142m and 132 cabin megayachts Le Boréal and L’Austral will cruise around the British Isles and Ireland, including the Scilly Isles

rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright