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Board Meeting

Pataki Input Sought In Port Impasse

New York State Comptroller H. Carl McCall has urged Gov. George Pataki to attend the May 25 board meeting of the Port Authority of New York and New Jersey in order to help break a 17-month impasse. "It's time for Governor Pataki to step forward, exert some leadership, and get the Port Authority moving again," McCall is reported to have said in a prepared remark. The logjam has stalled major projects, including approval of a new lease for Maersk Sealand, privatization of the World Trade Center and the lease of air rights over the Port Authority Bus Terminal. Also placed on hold was a $3.9 billion capital and operating budget, which was expected to be voted on at last month's board meeting. Board members have been hung up on the items pending resolution of a 17-month dispute between Pataki and New Jersey Gov. Christie Whitman over allocation of Port Authority revenues.


Inland Waterways Users Board – meeting

The Inland Waterways Users Board, sponsored by the U.S. Army Corps of Engineers, will meet in St. Louis on December 7. The Board will hear briefings on the status of both the funding for inland navigation projects and studies, and the Inland Waterways Trust Fund. The Board will also begin consideration of its priorities for the next fiscal year. 69 Fed. Reg. 64282 (HK Law).


Port's Container Volume Down 16%

According to a May 20 report from The Post and Courier, a recent uptick in a few categories of exports was not enough to offset falling demand for most other goods that come through the Port of Charleston, the latest figures show. The State Ports Authority said at a board meeting on May 19 that the number of containers that crossed its piers during the first 10 months of its fiscal year was down by about 127,000, or 16 percent, as of April 30.


NTSB to Meet on Water Taxi Capsizing

The National Transportation Safety Board will hold a public Board meeting Tuesday, March 7 in Washington, D.C. There are two items on the agenda. The Board will consider final accident reports on the following cases: 1) On March 6, 2004, the small passenger vessel Lady D, a pontoon water taxi with two crewmen and 23 passengers on board, was traversing Baltimore Harbor when it encountered a rapidly developing storm with high winds


Karan Adani Takes Over as Adani Ports' CEO

Karan Adani. Photo by Adani Ports and SEZ

 Adani Group has elevated chairman Gautam Adani’s son Karan Adani to the post of chief executive officer (CEO) of Adani Ports and SEZ (APSEZ) with effect from January 1, 2016. He is currently the executive director of the company and does not hold any board-level position.   The decision to appoint him as CEO was taken in a board meeting held on December 28, 2015 and he will replace outgoing CEO Sudipta Bhattacharya


Port of Marseilles Authority Names New Director-General

Guy Janin has been named the new director-general of the Port of Marseilles Authority. Janin, 58, has been head of the inland waterways authority Voies Navigables de France (VNF) since 2004. His nomination by the French minister of transport and maritime affairs was approved at a port board meeting on November 24 and is due to be formally ratified at a government cabinet meeting. Predecessor Eric Brassart, 56, stepped down in October following a sympathy strike by the port’s CGT union


FreeSeas Makes Debut in New York

FreeSeas a provider of sea borne transportation services for dry bulk commodities through the ownership and operation of dry bulk vessels, completed an action packed two-week period in New York City. On Friday, March 17 the company held its Quarterly Board Meeting in New York City approving among other topics the fourth quarter and full year 2005 results and accounts. On the same day, the company's management rang the Closing Bell at NASDAQ


Relations Still Chilly At NY/NJ Port Authority

It may be the end of April, but there was no spring thaw at Thursday's board meeting of the Port Authority of New York and New Jersey. Port Authority commissioners had been expected to vote on a $3.9 billion capital and operating budget, which would have signaled some movement on an impasse that has held up major projects for the agency. However, Chairman Lewis M. Eisenberg said the budget had been discussed among board members, but a decision was made not to take a vote


UK Club Elects New Directors

Three members of the U.K. P&I Club were elected to the board at the annual meeting in Kuala Lumpur on October 21. They are Mike Carthew of Chevron Texaco Shipping Company LLC, Minoru Sato of NYK Line (Europe) and Pavel Vasilchenko of Far-Eastern Shipping Company (FESCO). Carthew has spent all his working life in shipping and has been with Chevron for most of his career. He worked in the corporate trading and planning department before becoming President of Chevron Texaco Shipping Company


POLB Commissioners Elect Thomas Fields President

Thoman Fields: Photo credit Port of Long Beach Commissioners

The Long Beach advertising executive & former city planning commissioner, will lead the commission for a 1-year term from 1, July 2013. Thomas Fields will succeed Commissioner Susan E. Anderson Wise, who has served two years as President. The Board President serves as chair of the commission, running board meetings and often representing the Port to the public and shipping industry. “I look forward to serving as Board President; this is an exciting time for the Port as we look


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


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


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


HCI Capital Renamed Ernst Russ AG

Photo HCI Group

A vote was passed at the ordinary shareholders’ meeting of HCI Capital AG yesterday to change the company’s name to Ernst Russ AG. The Executive Board and Supervisory Board put the proposal to the shareholders’ meeting as one element of the corporate strategy to strengthen the


Petrobras Announces new President, Management Changes

Petrobras Headquarters Photo Petrobras

Petrobras reports that it has received the letter of resignation of Mr. Aldemir Bendine the functions of a member of the Board of Directors and President of the Company today. In addition, Mr. Bendine also resigned today, the office of member of the Board of Directors of Petrobras Distribuidora -


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


West Calcasieu Port to Undergo Waterfront Upgrade

West Calcasieu Port officials have awarded a $1.6 million construction contract to Orion Marine Construction, Inc. for the replacement of bulkheading along the port’s waterfront on the Gulf Intracoastal Waterway.   “The West Cal Port Board of Commissioners was impressed with the


Tata Steel to Sell Entire UK Operation

Britain's largest steelmaker Tata Steel Ltd is expected to announce the sale of its entire UK business, BBC reported citing union sources.   Tata Steel's decision was made at Tuesday's board meeting in Mumbai, BBC said.   Britain's steel industry has been struggling since European


SAAM Appoints Valdés as New CEO

Macario Valdés Raczynski (Photo: SAAM)

SAAM’s Ordinary Board Meeting appointed Macario Valdés Raczynski as new General Manager of the company, a position that he will take on as from March 16.   Valdés holds a degree in commercial engineer from Pontificia Universidad Católica de Chile and an MBA from


Succession Fight for Evergreen Heats Up

Image: Evergreen Marine Corp. (Taiwan) Ltd

The feud among the scions of late billionaire Evergreen Group founder Chang Yung-fa's family boiled to the surface, reports local Taiwanese media.   The struggle between the heirs to Evergreen Group has escalated as the three older brothers reportedly took drastic measures to undermine


IBIA Celebrates 23th Annual Dinner

Jens Maul Jørgensen (Photo: IBIA)

Association appoints new board members and sets priorities for the future   The International Bunker Industry Association (IBIA) has appointed three new members to its Management Board and one new member to the IBIA in Africa Board. The appointments were announced at the Association’s


Globus Maritime Reclassifies Board Member

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Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited  resigned on December 28, 2015, the Company’s Board of Directors  was comprised of two Class II directors, two Class III directors


Cosco’s Offer for Piraeus Port Due

Image: Piraeus Port Authority (OLP)

 Cosco Pacific is expected to submit an improved bid for the controlling stake in Piraeus Port Authority (OLP) on Wednesday that is set to be discussed at the board meeting of the Hellenic Republic Asset Development Fund (TAIPED), reports Kathimerini.  


Greek Bourse Suspends Piraeus Port Share Trading

The Athens stock exchange on Tuesday suspended trading in shares of Piraeus Port Authority before the privatisation agency unseals bids by investors for a majority stake in the country's biggest port later in the day. Greece, which is selling a 51 percent stake in Piraeus Port


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






 
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