The International Underwriting Association of London (IUA) has announced that Heinz-Werner Hof, CEO of Allianz Marine and Aviation, has joined its board. Hof was co-opted to the board at its meeting in December. Prior to his current role, Hof was a board member at Allianz-Elementar in Austria, responsible for the property & casualty division. From 1993-2000, he was a board member of Allianz Hamburg and Allianz Globus MAT, holding the chairman's position from 1999-2000. Before that, Hof held various senior management positions within the Allianz Group in Munich, which he joined as an underwriter after graduating in 1977.
Chevron Corp. has reversed its decision to name an oil tanker after U.S. national security adviser Condoleezza Rice, a former board member, Reuters reported. Chevron named the tanker after Rice in April, highlighting what public watchdog groups called the close ties between the Bush administration and the energy industry, but renamed the vessel after complaints grew louder. The spokesman would not comment on whether the White House or Rice requested that the oil tanker be renamed
Newport News Shipbuilding Inc. named Charles Bowsher as a member of its board of directors. Bowsher served as the comptroller general of the United States from 1981 until October 1996. Prior to this appointment, Bowsher was a partner with accounting and auditing firm Arthur Andersen LLP.
Jörg Schwitalla will be the new Executive Board member for Personnel and Integrity at Tognum AG as of 1 January 2013. Tognum has created the new position on the Executive Board on the one hand to meet future requirements – such as the planned integration of Bergen Engines AS and the group’s growth targets – and on the other hand to achieve the aim of bringing the Personnel, Legal Affairs and Compliance divisions closer together and to underline the growing importance
Louise M. DuVall, the first woman to serve on the Long Beach Board of Harbor Commissioners, died Saturday, April 19. She was 93. She was appointed to two terms on the Harbor Commission, serving from Feb. 6, 1979, to July 18, 1990. She advocated for women to rise in the legal profession and the maritime industry. “Louise led the way and broke through barriers for other women who would follow,” said current Harbor Commissioner Susan E
Three Members of Lerwick Port Authority have been re-appointed to the Board of the Authority. Three existing Business Ratepayer Members were the only applicants for the three positions. Brian Anderson, Harry Jamieson and Ronnie Gair all applied to serve a further three year term until July 2017. Their applications have been approved under the procedures set down by Government guidelines and the Authority’s own legislation.
The Panama Canal Authority (ACP) has appointed Nippon Yusen Kabushiki Kaisha (NYK Line) President Koji Miyahara as its newest Advisory Board member. This appointment helps strengthen the Canal's focus in maritime shipping and provides the Board with representation from Japan, one of the largest users of the Panama Canal. Additionally, Mr. Miyahara will play a key role in the implementation of the ACP's expansion plans.
Friede Goldman Halter, Inc. announced today that J.L. Holloway has resigned from the company's Board of Directors. Holloway, 57, has been the Chairman of the Board since April 1997. He served as the Chief Executive Officer and President of Friede Goldman Offshore, Inc. (formerly HAM Marine, Inc.) from its formation in 1982 until April 1997. "The Board has accepted J.L.'s resignation and is grateful for the many years of service he has given to Friede Goldman Halter and its predecessors
Alexander Klyavin (left), Assistant Secretary Deputy Minister of Transportation of the Russian Federation, and Dr Hermann J. Klein, Executive Board Member of Germanischer Lloyd signing the agreement. The Russian Maritime Authority has authorized classification society Germanischer Lloyd (GL) to perform statutory duties on ships with Russian flag. Germanischer Lloyd is the very first foreign society to be granted this right
FreeSeas Inc. (Nasdaq:FREE) a transporter of drybulk cargoes through the ownership and operation of a fleet of Handysize and Handymax vessels, announced today that George Kalogeropoulos has joined its Board of Directors as a Board member, replacing Kostas Koutsoubelis, who resigned for personal reasons. Kalogeropoulos brings to FreeSeas over 30 years of marine transportation experience, holding managerial positions in brokering, chartering, ship management
Prysmian SpA, the world's biggest cable maker, is confident of bagging orders this year to keep its high-margin subsea business order backlog at between 2.2 billion euros ($2.4 billion) and 2.3 billion, the head of the unit told Reuters.
Caterpillar Inc. announced today that the Caterpillar Board of Directors has nominated Debra L. Reed to join the Board, with the election to occur at the June 2015 annual stockholders meeting. Reed, 58, is the Chairman and CEO of Sempra Energy, a San Diego
Pierre-Yves Jullien, CEO of Hempel A/S since 2005, has decided to retire after nearly 40 years in the Group. He will step down from his role as CEO on March 31, 2016 at the latest. Hempel’s board of directors has initiated a search for a new CEO of the group.
Netherlands-based Royal IHC today named and launched new pipelaying sister vessels, Sapura Jade and Sapura Ônix, in ceremonies at the company’s shipyard in Krimpen aan den IJssel, The Netherlands. Sapura Jade’s naming was performed by Belle de Bruin
Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway DNV GL president and CEO Henrik O. Madsen was appointed as chairman of the executive board of the Research Council of Norway. The executive board is the Research Council’s highest authority
Germany’s second biggest financier of ships Norddeutsche Landesbank (NordLB) is tapping Asian investors and private-equity funds to invest in its shipping loans. According to a report from Bloomberg, Singapore unit of the state-owned lender last year started creating packages of 10
DB Schenker Logistics and Maersk Line have signed a six-year strategic agreement on reducing CO2 emissions from ocean freight. The partnership emphasizes the companies' shared commitment to sustainable growth, says a press release by DB Schenker.
Polarcus Limited announced that Hege Sjo will resign from its board of directors effective February 2, 2015. Sjo has accepted an appointment as Deputy Director General in the Norwegian Ministry of Trade, Industry and Fisheries, and is therefore unable to continue as a board member at
On 23rd January 2015, the Royal Mumbai Yacht Club saw around a hundred dignified members of the shipping fraternity gather for the second WISTA Annual Forum, an event that lived up to the industry’s expectations. The select crowd included long-term supporters of WISTA India and
China's $40 billion fund to finance its most ambitious global plan - the Silk Roads and Maritime Silk Road is moving forward steadily as its management team has taken shape. China has appointed top officials to manage the fund. A team headed by Wang Yanzhi
Department of Navy leaders at the Naval Future Force Science and Technology (S&T) EXPO in Washington D.C., February 5 called for investment in new ideas and scientific research to keep the U.S. Navy and Marine Corps technologically superior in increasingly uncertain times.
The U.S. Senate Subcommittee on Surface Transportation and Merchant Marine Infrastructure, Safety, and Security held a hearing on U.S. ports today titled "Keeping Goods Moving." The hearing comes during a labor standoff between shipping companies and port workers that shut down 29 West
Philly Tankers AS announced today that its wholly owned U.S. subsidiary, Philly Tankers LLC, has entered into binding long-term time charter contracts with a domestic end-user for the two 50,000 dwt product tankers it has on order with Aker Philadelphia Shipyard (AKPS)
At its meeting of March 5, the Board of Directors of the Water Emergency Transportation Authority (WETA) approved a Cooperative Agreement with the Contra Costa Transportation Authority (CCTA) and the City of Richmond to provide operating subsidy for proposed Richmond ferry service
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the naming of two new vessels, Pacific Centurion, an Anchor Handling Tug Supply (AHTS) vessel, and Pacific Goldfinch, a Platform Supply Vessel (PSV) at the dual vessel naming ceremony held on Tuesday