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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


Samsung Heavy Industries to Raise $985 mln via Rights Issue

South Korean shipbuilder Samsung Heavy Industries Co Ltd said on Friday its board of directors have approved a plan to raise about 1.1 trillion won ($985.22 million) via a rights issue. Samsung Heavy, part of the Samsung Group conglomerate


MSRC CEO to Retire in April 2017

Photo courtesy of MSRC

The Marine Spill Response Corporation (MSRC), the nation’s leading oil spill response organization, has announced that Steven T. Benz, the company’s President and CEO, will be retiring on April 30, 2017.   Tim Plummer, Chair of the MSRC Board of Directors


Retlif Names Poggi Director of Operations

Scott Poggi and Bill Hayes (Photo: Retlif)

Retlif Testing Laboratories, a global independent EMC and Environmental testing leader serving the maritime industry since 1978, has announced the appointment of Scott Poggi, as Director of Operations.   In his new position as Director of Operations


Hoppe Marine to Present Smart Shipping Solutions

Photo courtesy of Hoppe

For decades, Hamburg-based Hoppe Marine has produced onboard measuring and control systems. At SMM 2016 the internationally-positioned family-run company will be present itself as a data integrator on vessels as a precondition for Smart Shipping and Big Data.  


Young Taken on PESA Advisory Board

Donald Young Photo Hoover Container Solutions

Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term. PESA’s leadership is comprised of experienced industry executives dedicated to advancing


Funding Approved for Georgia’s New Inland Terminal

At its July board meeting, the Georgia Ports Authority (GPA) approved a spending package of $19.7 million to construct the Appalachian Regional Port in Chatsworth, Murray County, Ga.   The funds consist of $10 million from the state of Georgia and $9.7 million from the GPA


Nigeria Becomes Piracy Kidnapping Hotspot, says IMB

Graphics: International Maritime Bureau

 Despite global improvements, kidnappings are on the rise, with 44 crew captured for ransom in 2016, 24 of them in Nigeria, up from 10 in the first half of 2015.   “In the Gulf of Guinea, rather than oil tankers being hijacked for their cargo


Guzmán Re-elected Harbor Commission President, Long Beach Port

Courtesy Port of Long Beach

Harbor Commission President Lori Ann Guzmán was re-elected Monday evening to serve a second one-year term leading the board that oversees the Port of Long Beach, the nation’s second-busiest seaport. The five-member Long Beach Board of Harbor Commissioners also selected Lou Anne


CNCo Orders Remote Monitoring for 35 Vessels

MV Shansi (Photo: CNCo)

Radio Holland, a global NavCom and service company in the maritime industry, said it has concluded  a maintenance and remote monitoring agreement with The China Navigation Company (CNCo) for 35 vessels.   Radio Holland already provides CNCo’s newbuild


Shipping Must Disclose or Risk Being Exposed - Moore Stephens

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International accountant and shipping adviser Moore Stephens says the shipping industry must adopt a transparent, proactive approach to corporate governance or else risk exposure to business and reputational damage.   Corporate governance in shipping has been in sharp focus recently


Transocean Ltd. to Acquire Transocean Partners LLC

Disoverer Enterprise Vertical Photo Transocean

Transocean Ltd. and Transocean Partners LLC (NYSE: RIGP) today announced that Transocean has agreed to acquire all of the outstanding common units of Transocean Partners not already owned by Transocean in a share-for-unit merger transaction. In the merger


Little Rock Port Gets $6M for New Dock, Improvements

Photo Little Rock Port Authority

Congressman French Hill (AR-2) joined Mayor Mark Stodola to celebrate the official announcement of the a $6.185M TIGER grant awarded by the US Department of Transportation to the Little Rock Port Authority.  The funds will be used to support the Little Rock Port Authority Growth Initiative to


ASRY appoints Acting Chief Executive

Magdy Mustafa

ASRY has appointed Magdy Mustafa as Acting Chief Executive, after the current Chief Executive announced his resignation to move back to Norway for family reasons. Magdy Mustafa, the current Procurement and Contracts General Manager will take on all Chief Executive duties in addition to his current


Ng Pock Appointed Dy Chair of OSS Asia Pacific

Dr. Ng Pock Too , Photo courtesy OOS Asia-Pacific Private Limited

OOS International BV has appointed Dr. Ng Pock Too as the Deputy Chairman of OOS Asia-Pacific Private Limited, a subsidiary of OOS International B.V., with effect from 28-July-2016. Dr. Ng will also serve as a supervisory board member to OOS International B.V..


Philly Shipyard to Pay Extraordinary Dividend

Photo Philly Shipyard

In its second quarter report Philly Shipyard ASA announced that additional extraordinary dividend would be paid following the deliveries of Hulls 024 and 025. Subsequent to the delivery of Hull 024 to Crowley and the buy-out of the Company's joint venture interest in that vessel by Marathon






 
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