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.
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:
VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems), announced the appointment of Cliffe F. Laborde to its Board of Directors. Laborde is owner and co-manager of Laborde Marine Services, LLC and Laborde Brothers Crewboats, LLC. These companies own and operate platform supply vessels and crewboats that service the offshore energy sector. Laborde previously held the position of Executive Vice President, General Counsel, and Secretary to Tidewater, Inc
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
Lars Carlsson, president, Concordia Maritime AB; Douglas Wolcott of Wolcott Associates; and Peter George Goulandris of Capeside Steamship Company Ltd., were elected to the ABS Board of Directors, by the ABS Council, following yesterday's Annual Members Meeting of the classification society in New York. All three have a long association with the governance of ABS and have previously served on the classification society's Board
Kursiu Linija sold a further 20-percent share of its equity to Icelandic transport company Eimskip. The move gives Kursiu Linija additional financial power and paves the way for expansion plans. Following the increase in Eimskip’s stake, Kursiu Linija will be run by a four-man board consisting of Bragi Thor Marinosson, Bjorn Einarsson, Stefan August Magnusson and Kursiu Linija founder and former managing director Arijus Ramonas
The Manitowoc Company, Inc. announced that the company’s board of directors has elected Glen E. Tellock, as president and chief executive officer, effective immediately. Tellock succeeds Terry D. Growcock, 61, who will remain chairman of the board of directors through 2008. Tellock was also appointed to serve on the board for a term that expires in 2008. Prior to being named CEO, Tellock had been senior vice president of The Manitowoc Company and president of Manitowoc Crane Group since
Transocean announced that Richard D. Kinder has submitted his resignation as a member of the company’s board of directors to devote more attention to his duties at Kinder Morgan, Inc. and Kinder Morgan Energy Partners, L.P. Kinder’s resignation is effective immediately. Kinder is chairman of the board and CEO of both Kinder Morgan, Inc. and Kinder Morgan Energy Partners, L.P. which own and operate diversified energy assets. He served as a Transocean Inc., director since November 1994
Edward Muller has been appointed to serve as a member of the Board of Directors of RigNet Inc. Paul Gundersen, RigNet chairman and CEO, said, "Ed Muller brings a valuable blend of industry knowledge and business experience to RigNet. Mr. Muller is a very welcomed addition to RigNet's Board of Directors; his depth of knowledge and experience will add tremendous value to our organization as we continue to grow the company."
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.
Roy Dunlap invented a mechanical pressure switch that prevented oil tanks from overflowing and founded SOR Inc. SOR® founder Roy Dunlap leveraged the static-o-ring (SOR) technology to invent a highly accurate mechanical pressure switch that helped prevent the overfilling of oil tanks
Christopher Lytle, Port of Long Beach Executive Director since November 2011, will resign to take the top post at the Port of Oakland. Lytle will remain at Long Beach until mid-July, and is expected to begin his new job in Oakland shortly thereafter
At a meeting of the Mitsubishi Heavy Industries, Ltd. (MHI) Board of Directors held, a resolution was made to submit a proposal concerning distribution of dividends from retained earnings to shareholders of record as of March 31, 2013, to the 88th Ordinary General Meeting of Shareholders scheduled
The Board of Directors of the company elected Ian C. Strachan to serve as Chairman of the Board effective May 18, 2013. Mr. Strachan replaces J. Michael Talbert who was not re-elected at the company's annual general meeting held on May 17, 2013.
Paolo Salza, Chief Technical Officer, RINA Services, was appointed to the board of directors of the International Confederation of Inspection and Certification Organizations (CEOC). Says Salza, “RINA Services has wide experience in testing
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the quarter ended March 31, 2013. The Company’s Board of Directors also declared a quarterly dividend of $0.05 per share for the first quarter of 2013.
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
A majority of seafarers have no internet access available to them on board: IAPH recognizes Montreal for providing free WiFi access in the port. According to a 2013 research of SIRC (Seafarers accommodation on contemporary cargo ships) cited by ITF “very few seafarers have access to internet
Transocean Ltd. announced that J. Michael Talbert has advised the Board of Directors that, if reelected at the company's upcoming Annual General Meeting (AGM) on May 17, he will retire from the board no later than the company's 2014 AGM. To facilitate an orderly transition of leadership
Drydocks World received H.E. Cheong Ming Foong, the Consul General of Singapore along with Khalil A. Bakar, Center Director Middle East of Singapore Economic Development Board. Khamis Juma Buamim, Chairman and Dr. Markus Voege, VP – Operation and Production of Drydocks World and Maritime
Jesper Praestensgaard, responsible for Global Markets & Global Accounts is to leave the company in June 2013. Hapag-Lloyd announce that the executive board member will be leaving the Company at his own request in June in order to take on new challenges.
Newport News Shipbuilding (NNS) division recently dedicated its 11th Habitat for Humanity house in Hampton. NNS has partnered with Habitat for Humanity Peninsula and Greater Williamsburg since 2002 to build homes for families in Hampton Roads.
Star Bulk Carriers Corp. announced that its Board of Directors approved a backstopped equity rights offering, which will allow the company to raise equity capital through the sale of its commonshares. The proceeds are expected to be primarily used for orders for fuel-efficient dry bulk vessels
Huntington Ingalls Industries’ Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on June 14, 2013, to shareholders of record as of the close of business on May 31, 2013.
Sonardyne International Ltd. appointed Dr. Ralph Rayner as its new Non-Executive Chairman. Ralph is currently a Non-Executive Director of the company and will succeed outgoing Chairman Barry Clutton. Previously Finance Director and then Managing Director prior to his appointment as Chairman in 2009