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Board Directors

Shepherd Non-Executive Dir. Ashtead Tech


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


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:

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

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.   

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.

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

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

Petrobras to Appoint Director


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

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.  

Digital Marine Solutions Names Østergaard Executive Chairman

Paul Østergaard (Photo: DMS)

Digital Marine Solutions AS (DMS), the parent company of C-Map, has appointed Paul Østergaard as executive chairman. Together with the DMS board of directors and the C-Map leadership team, Østergaard will develop and implement the company’s strategic plan and lead the company

Nakilat Delivers Steady Performance in Q3

Abdullah Fadhalah Al Sulaiti Photo Nakilat

 Nakilat has announced its financial results for the third quarter ended 30 September 2016, where the Company’s net profit reached QR 749 million compared to QR 757 million for the same period last year. The Board of Directors stated that the company’s strategic long-term

Genco Shipping Chairman Resigns

Image: Genco Shipping & Trading Limited

 Genco Shipping & Trading Limited announced that Peter C. Georgiopoulos has resigned from his role as Chairman of the Board, effective immediately. Arthur L. Regan has been elected as Interim Executive Chairman.   Georgiopoulos said

Globus Maritime Mulls 1-for-4 Reverse Stock Split

Photo: Globus Maritime Limited

 Globus Maritime Limited, a dry bulk shipping company, announced that its Board of Directors has determined to effect a 1-for-4 reverse stock split of the Company's common shares.    At the Company's annual general meeting of shareholders on September 8, 2016

McNeel to Replace Lieungh as Sevan Marine CEO

Carl Lieungh will step down as CEO of Sevan Marine ASA effective January 1, 2017. The company’s board of directors has appointed current CFO Reese McNeel to take up the CEO role while continuing to carry out the CFO function.   Under the agreement reached between Lieungh and the board

Western India Shipyard for Sale

Photo: Western India Shipyard

 ABG Shipyard Ltd, which was one of the largest shipbuilding company in the country operating in the private domain, has decided to divest its entire stake in its subsidiary Western India Shipyard Ltd (WIS).     The company’s board has agreed to invite suitable bid from the

GPA adds 100 acres Auto Processing Space

The Port of Brunswick is the nations fastest growing autoport.  With 652 acres of auto processing space available for development, Brunswick is poised for continued expansion. Find print quality images here. (Georgia Ports

At the annual State of the Port address hosted by the Brunswick-Golden Isles Chamber of Commerce Wednesday, Georgia Ports Authority Executive Director Griff Lynch announced a 100-acre expansion of the Colonel's Island auto terminal, and welcomed Logistec's announcement of the completion of 221

Chamber of Marine Commerce Taps Johnston as Interim President

Raymond Johnston (Photo: Chamber of Marine Commerce)

The board of directors of the Chamber of Marine Commerce has appointed Raymond Johnston as interim President, effective October 1, 2016.   Johnston will oversee the implementation of the merger between the Chamber of Marine Commerce and the Canadian Shipowners Association (CSA) announced

OSK-ShipTech Appoints New CEO

Jacob H. Thygesen (Photo: OSK-ShipTech A/S)

Jacob H. Thygesen has been named the new CEO of Danish naval architecture firm OSK-ShipTech A/S, effective November 1, 2016.    Thygesen comes to the role with a background as Sales Director of Wärtsilä Ship Design, and prior to that he was Managing Director of

Hajioannou Takes on Safe Bulkers Newbuilds

Courtesy Safebulkers

Safe Bulkers, Inc. announced today that the Company has agreed to novate an existing newbuild contract for Hull No. S835, a Japanese Panamax class vessel, and sell, upon delivery, Hull No. 1551, a Japanese Kamsarmax class vessel, in each case, to entities owned by Mr

Interview: Aaron Smith Zeroes in on the Offshore Sector

Aaron Smith

Insights: Aaron Smith - President and CEO, Offshore Marine Service Association (OMSA); Executive Director, OSVDPA   As the Executive Director for the Offshore Supply Vessel Dynamic Positioning Authority (OSVDPA), Aaron Smith is charged with managing the day-to-day operation of the Authority

Port of New Orleans Board Elects Kearney as Chairman

Michael W. Kearney (Photo: Port of New Orleans)

The Board of Commissioners of the Port of New Orleans has elected Mr. Michael W. Kearney chairman. Mr. Kearney represents Orleans Parish and joined the Board in December of 2012 when he was appointed by former Gov. Bobby Jindal.   He succeeds Mr. William T

Daintith Named CFO, Rolls-Royce

Stephen Daintith Photo courtesy DMGT

Rolls-Royce announced that Stephen Daintith has been appointed Chief Financial Officer and as an executive director of Rolls-Royce Holdings plc. Stephen will take up his new role in 2017, succeeding David Smith who will leave Rolls-Royce after three years to pursue other business interests

Maersk to Split Into Two Divisions

Photo: Maersk Line

 It's oficial now. Danish conglomerate A.P. Moeller-Maersk A/S said Thursday it is splitting into two separate units - transport and energy businesses.   Denmark’s biggest company moves ahead with an historic shake-up of the conglomerate to generate growth

'A Few Good Men' Thanks for the Leadership!

Michael J. Toohey (Photo: WCI)

Change is inevitable, especially in Washington, DC, and particularly within the U.S. Army Corps of Engineers. Waterways Council, Inc. (WCI) is a strong partner with the Corps, as navigation is a critical business line within its Civil Works’ mission. 

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