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New CEO for Drives Portfolio at Siemens

Jürgen Amedick

Jürgen Amedick becomes new CEO for the drives portfolio for industry and infrastructure applications at Siemens. Jürgen Amedick took over the leadership of the Large Drives Business Unit of the Siemens Drive Technologies Division on October 1, 2012. The Large Drives Business Unit develops, manufactures, and markets products, systems, solutions, and services for drive engineering in industrial and infrastructure application as well as industries such as shipbuilding, pulp and paper, mining, and cement. Amedick follows Jürgen Brandes, who took over the leadership of the Rail Automation Business Unit in the Infrastructure & Cities Sector. Amedick most recently headed the Products segment of the Large Drives Business Unit. The 53-year-old engineer has been at Siemens since 1984 and started his career as a project engineer. Afterwards, Amedick held several positions in engineering, sales and management. After being in charge of the automation and drives business in Canada for three years, Amedick took over the leadership of the Standard Drives Division in 2008, which was transferred to the Large Drives Business Unit in 2010.


Crowley Promotes Dugan To Manager Oil Transportation

Chris Dugan has been promoted to manager, Oil Transportation for Crowley Marine Services in Seattle. Dugan began his career with Crowley in early 1997 as manager of Customer Service in Long Beach, Calif., in the company's Harbor Services business unit. He was later promoted to the position of sales manager in the Bulk Petroleum business unit in Seattle. Dugan holds a bachelors degree in Marine Transportation from the United States Merchant Marine Academy and an MBA from Pepperdine


Heuer to Take Helm at MTU

Dr. Rolf A. Hanssen, after more than 10 years as CEO of MTU and Head of the DaimlerChrysler Off-Highway Business Unit, will terminate his contract as planned with effect from December 31, 2004. The Board of Management of DaimlerChrysler AG and the Supervisory Board of MTU Friedrichshafen GmbH have selected Volker Heuer, who is currently still Presidente de los Centros Industriales of Mercedes-Benz Espana S. A., to take over as the CEO of MTU Friedrichshafen GmbH and Head of the


Fincantieri 2012 Profits Up on Previous Year

Shipbuilders, Fincantieri, publish its 2012 financial results; announce resignation of Chairman Corrado Antonini. Highlights: ·         Profit for the year in excess of euro 15 million (euro 9 million in 2011); ·         EBITDA at euro 137 million (euro 138 million in 2011) with a margin of 5.7%; ·         Revenues at euro 2,385 million (euro 2


Piikkio Works Established Under Kavaerner-Masa Yards

A separate company, Piikkio Works Oy, has been established under Kvaerner Masa-Yards Inc. as a result of transfer of assets. The new company continues as of January 1, 2002, the operations of Kvaerner Masa-Yards Piikkio Works, which previously was a separate business unit within Kvaerner Masa-Yards Inc. The reason for incorporating the company is the independent and different nature of Piikkio Works business activities as a builder of prefabricated cabin and bathroom modules.


Crowley Promotes Miller

Crowley Maritime Corporation announced today that Mark Miller has been promoted to director of corporate communications with responsibility for internal communications, media relations, advertising and marketing communications for the corporation and its subsidiaries and business units operating around the world. Miller joined Crowley in April 1995 as manager of public relations and advertising for the corporation’s Jacksonville-based container shipping subsidiary, Crowley Liner Services


SMIT Acquires GB Diving

SMIT has acquired all shares of GB Holding B.V., the parent company of the renowned subsidiaries GB Diving B.V. and GB Diving -Inshore B.V. GB Diving is a Dutch company that provides ROV (Remote Operated Vehicles) and diving services, including project management, project engineering and related services for the high end of the oil and gas market. GB Diving's 30 employees will be integrated into the SMIT organization as a business unit named SMIT Subsea Europe.


Queen Elizabeth Class Carriers Use Imtech

Photo courtesy Imtech Marine Group

Imtech has been awarded a design & build contract for the high-tech climate technology aboard the new Queen Elizabeth Class aircraft carriers being built for the British Royal Navy. The order represents a value of more than about $187m. The ships, which are 918.6 ft long, are the largest naval ships ever to be built in the UK. The two aircraft carriers are about 65,000 tons each, a size between the American Nimitz class and the French Charles de Gaulle class


Viatran Restructures Company

Viatran announced that it has restructured the company into divisions serving specific market segments. The new Oil & Gas Segment has been created to focus on product development and customer service in Viatran’s most important market. As part of the restructuring, Douglas Joy has been appointed to the newly created position of Oil & Gas Segment Leader, and Don Seewagen to the position of Sales Channel Manager Americas – Oil & Gas Segment


STX Aims for $48b in Sales by 2012

STX Group has revised its sales target upwards to $48b and operating profits to $4.8b in 2012 through diversification of its business portfolios at the group’s key enterprises. In order to achieve the revised target, the group is planning to split its business units into four sectors ― shipbuilding and machinery, shipping and trade, plant and construction, and energy . STX Shipbuilding, the group’s flagship


Maersk May Reward Shareholders as Oil Unit Suffers

Danish conglomerate A.P. Moller-Maersk may announce a second share buyback scheme in its 110-year history as early as Wednesday, analysts said, allowing it to reward shareholders as its oil unit takes a battering from a slump in prices. Further divestments from its large portfolio of companies


Quay Contract Awarded at Lerwick Port

Multi-user, deep-water extension to service subsea projects and decommissioning.

  Plans for significant further expansion of Lerwick Harbour’s extensive deep-water facilities for the offshore oil and gas industry have advanced with the award of a major contract to extend the quay at Dales Voe South to support subsea developments and decommissioning.


ST Engineering Raises Cap In STET

Image

  Singapore Technologies Engineering Ltd (ST Engineering) announced today that ST Education & Training Private Limited (“STET”) has increased its issued and paid up capital from S$1m to S$2m. This increase in paid-up capital is by way of a bonus issue of 1,000


Bertling on Rapid Growth Trajectory in India

Carbondioxide absorber is one of the heaviest packages handled in India by Bertling

  As the Indian economy shows signs of green shoots Bertling Logistics India Private Ltd., the country's only project logistic multi-national has etched out strategic plans to consolidate its multifarious activities in order to gear for a major leap forward that will place it on a higher


BSM Takes Management of Two SOVs

Photo courtesy of BSM

BSM is to take on the ship management of two new ULSTEIN SX175 Service Operation Vessels (SOVs), ordered as part of a WINDEA joint venture involving its parent company Bernhard Schulte. Both vessels are to be built at the Ulstein Verft shipyard in Norway and will be operated by Bernhard Schulte


MHI Consolidates 5 In-house R&D Facilities

Mitsubishi Heavy Industries, Ltd. (MHI) will reorganize its research and development structure.   The reorganization initiative calls for the creation of a new Research & Development Center consolidating the five currently existing Research & Development Centers


Cosco Wants Controlling Stake Piraeus

Image by: Piraeus Port Authority

Though the new Greece government has canceled the port of Piraeus’s privatization, Chinese group COSCO's interest in expanding its activity in the port remains strong.   There have been local media reports saying that investment in Greece's Piraeus Port by China's shipping carrier


Chevron Names Ourada Corporate VP and Comptroller

Chevron Corporation today named Jeanette L. Ourada as their new corporate vice president and comptroller effective April 1. Ourada succeeds Matthew J. Foehr, who will retire after 33 years with the company.   Ourada, 49, will oversee corporate-wide accounting, financial reporting and analysis


Cummins' Carter to Retire

Pamela Carter (Photo courtesy: Cummins)

Cummins Inc. announced that Distribution Business President Pamela Carter, the first woman to lead one of the company's four main business units, will retire April 1. Carter, who became Indiana's first African American woman Attorney General in 1993, has been with Cummins since 1997


ABB Wins Orders for Star Cruises Ships

ABB has won orders worth $60 million to deliver complete electrical power plant and propulsion systems for two new vessels for Star Cruises operated by Genting HongKong and to be built by Meyer Werft at its shipyard in Papenburg, Germany. The orders were booked during 2014.  


Greencarrier Freight Services Achieves ISO Standards

Georg Skivik Moltu (Photo courtesy: Greencarrier Freight Services)

Greencarrier Freight Services’ business has strengthened its position in the energy and project forwarding markets by achieving management (ISO 9001) and environmental (ISO 14001) certification for its Energy & Project Business Unit.


Hyundai Merges Offshore and Plant Divisions

Image: Hyundai Shipbuilding Division

 To improve efficiency Korea’s Hyundai Heavy Industries (HHI) announced its intention to merge its plant division into the offshore business. The world's biggest shipbuilder said that they will take place after current projects are completed.


Palfinger Adds Winch Line with NDM Acquisition

Photo: Palfinger Marine

Palfinger Marine acquires Norwegian Deck Machinery AS, expands product portfolio with new deck winches    Palfinger Marine has expanded its product portfolio with the acquisition of Norwegian Deck Machinery AS (NDM), stating NDM’s position within the design and development of


General Dynamics Wins MK46 Systems Contract

Mk-46 30mm gun weapon system aboard USS Mesa Verde (LPD 19)

The Naval Sea Systems Command (NAVSEA) awarded General Dynamics Land Systems a $26.2 million contract for the production of MK46 Modification (Mod) 2 Gun Weapon Systems (GWS) for use on Littoral Combat Ships (LCS), and Zumwalt-class (DDG-1000) ships


General Dynamics Enhancing US Navy Capabilities

General Dynamics Mission Systems Presents Portfolio of Capabilities to Defend, Protect and Connect the U.S. Navy

  General Dynamics Mission Systems makes its debut as General Dynamics' newest business unit at the Surface Navy Association's (SNA) 27th National Symposium. General Dynamics Advanced Information Systems and General Dynamics C4 Systems combined to form General Dynamics Mission Systems on






 
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