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Board Directors

Shepherd Non-Executive Dir. Ashtead Tech

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Ashtead Technology announced that Derek Shepherd has joined the Board as a non-executive director. Shepherd is a main board director of Aggreko plc.  For the last 10 years, Shepherd has been Managing Director of Aggreko International, one of the key drivers of Aggreko’s recent growth.  Under Shepherd’s leadership, its revenues have grown from $48.8m to $696.7m.  This appointment forms the latest addition to the Board since Ashtead Technology was acquired in June 2008 by Phoenix Equity Partners in a $131.1m MBO.


Odfjell Board Announces New CEO’s Start Date

Kristian Mørch (Photo: Odfjell)

Odfjell's new president and CEO Kristian Verner Mørch to start August 1, 2015    Kristian Verner Mørch will take up his new position as president and CEO of Odfjell SE from August 1, 2015, the company’s board of directors announced. His appointment was announced in May 2015.   Mørch, a member of the board of Odfjell SE since May 2014, will step down as board director of the company from the same date.  


Saipem: BOD Appoints Chairman, CEO, Deputy CEO

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San Donato Milanese, 9 May 2011 - The Board of Directors of Saipem S.p.A., convened and following the resolutions taken by the Shareholders’ Meeting on May 4, 2011, approved the appointments of the Chairman, Deputy Chairman and CEO and Deputy CEO of Saipem S.p.A. It also ascertained the independence requirements for Board Directors and Statutory Auditors and appointed the members of the internal Board Committees. Saipem’s Board of Directors is comprised of:


ASRY Active in Bahrain Coast Guard Newbuilds

(Image: ASRY)

ASRY holds keel-laying ceremony as it starts landing craft construction.   ASRY marked the commencement of erection of a new Landing Craft being constructed for the Bahrain Coast Guard (BCG) with a keel-laying ceremony. The event was attended by the yard’s Chairman Shaikh Daij Bin Salman Al Khalifa, Alternate ASRY Board Director Hassan Ali Al-Majid, ASRY Chief Executive Nils Kristian Berge and BCG Brigadier Ala Abdulla Seyadi.   


AET Orders Eight Tanker Newbuilds

Photo: AET

AET, an owner and operator of petroleum tankers, has signed contracts worth approximately $500 million combined for the construction of eight new vessels.   AET on Tuesday contracted Korean shipbuilder Samsung Heavy Industries Co Ltd (SHI) for four 113,000 dwt Aframax vessels to be delivered in 2018.   The shipper then signed an additional contract Wednesday with another Korean builder Hyundai Heavy Industries Co Ltd (HHI) for two 114,000 dwt LR2 product vessels and two 158


Obituary: Christer Olsson, Stolt-Nielsen Chairman of the Board

The Board of Directors of Stolt-Nielsen Limited announced the passing of Christer Olsson, Chairman of the Board.  He was 70.  Mr. Olsson had served as a Director of the Company since 1993, and as Chairman of the Board since December 15, 2009, when he succeeded Jacob Stolt-Nielsen, the company's founder.  The Board of Directors will elect a new chairman at the Company's Annual General Meeting in April 2016.


Horizon Offshore Names Frank as Chairman of the Board

Horizon Offshore, Inc. announced the board of directors has elected J. Louis Frank as chairman of the board of the Houston-based marine construction company. Replacing outgoing chairman, James Devine, a UK national, with Frank, a U.S. citizen, allows Horizon to meet certain U.S. regulatory requirements relevant to a recently awarded contract. Mr. Devine remains a member of the board of directors. J. Louis "Corky" Frank joined the board of directors at Horizon in July 2001


ISS Announces 2012 Leadership

The International Superyacht Society (ISS) is pleased to announce the appointment of its 2012 Officers and Executive Committee. The Officers include the President, Vice President, Treasurer and Secretary who are distinguished superyacht industry leaders elected by the organization’s Board of Directors and who will serve a one-year term at which time they may be re-elected to the same post for not more than three consecutive years.  


IPIC Takes Over Chairmanship of Gulf Energy Maritime

(L-R): Mr. Khalifa Abdulla Al Romaithi, new chairman of GEM; Mr. Saeed Abdulla Khoory; current chairman of GEM; and Mr. Ahmed AL Falahi, CEO of GEM.

Abu Dhabi Government-owned investment group, International Petroleum Investment Company’s (IPIC) Khalifa Abdulla Al Romaithi, Head of Portfolio Management Division, has taken over chairmanship of Gulf Energy Maritime PJSC (GEM),  from Saeed Abdulla Khoory, Chief Executive officer of Emirates National Oil Company (ENOC). Al Romaithi assumes GEM's top post in its Board of Directors, which rotates every three years between IPIC and ENOC


Petrobras to Appoint Director

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Petrobras’ Board of Directors approved at a meeting today (25 Nov.) the appointment of a director of Governance, Risk Management and Compliance, charged with ensuring process compliance and risk mitigation, including the risk of fraud and corruption, and therefore guaranteeing compliance with laws, norms, standards and regulations, including the rules of the Comissão de Valores Mobiliários (CVM - Brazilian Securities and Exchange Commission) and U.S


37 Piracy Incidents in Q1, Says IMB

Image: International Maritime Bureau (IMB)

Worldwide, International Maritime Bureau (IMB) recorded 37 piracy and armed robbery incidents in the first quarter of 2016, down from 54 in the same period last year. Three vessels were hijacked and 29 boarded, with 26 crew kidnapped for ransom and a further 28 held hostage.  


Cosco Pacific Appoints Zhang Wei as Vice Chairman

Photo: Cosco Pacific Ltd.

 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


Cavotec, ABB Partner on Shore-to-ship Power

Photo: Cavotec

Cavotec and ABB have signed a Memorandum of Understanding to jointly offer complete shore-to-ship power solutions globally. Such solutions allow vessels to plug into onshore power supply and shut down their engines, eliminating noxious emissions


Matson Announces Q2 Dividend of $0.18/Share

The Board of Directors of Matson, Inc. today declared a second quarter dividend of $0.18 per common share. The dividend will be paid on June 2, 2016 to all shareholders of record as of the close of business on May 12, 2016.


GulfNav Unveils Expansion Plans

From right to left Mr. Khamis Juma Buamim, Group CEO, Abdulla Saeed Abdulla Brook Al Hemeiri, Chairman, and Ahmad Al Kilani, Board Member Photo Gulf Navigation

Gulf Navigation Holding PJSC (GulfNav), the Dubai-based shipping company, has announced in a press conference at Rose Rayhaan by Rotana today (Tuesday, April 19, 2016), its key expansion plans to increase its assets under management and service-based revenue.


Quote of the Day: Subchapter M

 Jennifer A. Carpenter, Executive Vice President & COO,  American Waterways Operators (Photo: AWO)

 As the American Waterways Operators (AWO) convenes itsSpring Convention & Annual Membership Meeting today through Thursday in Washington, D.C., at The Mandarin Oriental Hotel, today's "Quote of the Day" comes from AWO's Jennifer Carpenter


Haifa Port Seeks to Attract Cruise Lines

Haifa Port in Israel is implementing a long-term plan amiing to entice cruise lines back to the "Gateway to the Holy Land" in consultation with Miami-based Access Cruise Inc., which provides sales and marketing representation to the cruise industry.  


New CEO at GulfNav Leads Expansion Plans

From right to left: Khamis Juma Buamim, Group CEO, Abdulla Saeed Abdulla Brook Al Hemeiri, Chairman, and Ahmad Al Kilani, Board Member of Gulf Navigation (Photo: Gulf Navigation)

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has announced in a press conference at Rose Rayhaan by Rotana April 19 its expansion plans to increase its assets under management and service-based revenue. The shipping company also revealed the appointment of Khamis Juma Buamim


AkzoNobel Debuts Intershield

Intershield for  on-board maintenanceCourtesy AkzoNobel’s Marine Coatings

AkzoNobel’s Marine Coatings business has launched a best-in-class anticorrosive universal primer, Intershield One-2-One, which delivers simplified maintenance, waste avoidance and enhanced corrosion protection.   Intershield One-2-One


14 Appointed to NOIA Board

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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


NOIA Elects McEvoy, Chairman Welch Vice Chair

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The National Ocean Industries Association (NOIA) Board of Directors has elected Kevin McEvoy as Chairman and Dave Welch as Vice Chairman for the upcoming 2016-2017 term. McEvoy and Welch assumed their positions at the NOIA Annual Meeting today in Washington, D.C.  


Hanjin Shipping Opts for Debt Restructuring

Photo: Hanjin Shipping Co. Ltd

 South Korea’s Hanjin Shipping Co. Ltd will work with lenders to restructure debt after years of weak demand resulted in losses and cash erosion, reports Bloomberg.   The board of Hanjin Shipping decided to file for receivership and give creditors authority to manage the company


V.Ships Wins Fortress Deal

Courtesy V Ship Management

V.Ships Offshore, part of V.Group has been awarded a ship management contract by Fortress Transportation and Infrastructure Investors LLC to provide full technical and crew management services for an advanced SURF/IMR vessel. The ship management services will be delivered from our newly


Violent Attacks Worsen in Seas Off West Africa - IMB

Piracy on the world’s seas Courtesy ICC & IMB

 As piracy on the world’s seas continues to fall, new figures from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) highlight growing violence off the coast of West Africa, where 44 seafarers have been captured so far this year.


Satlink Signs on with Fleet Xpress, FleetBroadband

Satlink Satellite Communications Ltd, a satellite communication and technical services provider, announced that it has become an Inmarsat Partner for Fleet Xpress and FleetBroadband. As part of the partnership Satlink’s solutions will be integrated with Inmarsat’s Fleet Xpress service






 
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