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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


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


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.


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


Southco Appoints Hottinger to Sales Director

Southco, a supplier of marine access hardware, has recently promoted Mike Hottinger to Marine Sales Director of North America. Mike has been with Southco for 17 years in various sales and marketing roles and most recently performed as North American Sales Director for the Southco Diversified Markets Business Unit. Southco’s marine business has recently expanded with the acquisition of Mobella AB, a leading supplier and premier brand of marine locks, latches and accessories


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


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


Zim Rejigs Organizational Structure

Photo: ZIM Integrated Shipping Services Ltd.

 Israel’s shipping firm ZIM Integrated Shipping Services has launched an extensive program aimed at changing its organizational structure.   The change is based on the company's business plan to focus on profitable trade areas in which ZIM enjoys competitive advantage. 


Simonetti Appointed VP, Contship Italia Group

Marco Simonetti Courtesy Contship

Effective 1 February 2016, Marco Simonetti assumes the position of Vice President for Developments and Reorganization at Contship Italia Group. The internal re-organization is in line with Contship’s response to evolving challenges of the container business and the Group’s


Maersk Profit Down 82%

Pic by Maersk Grop

Danish shipping and energy conglomerate Maersk Group delivered a profit of USD 925m for the full year ending December 31st 2015, against USD 5.2bn reported in 2014, a drop of 82%. Maersk’s underlying profit for full year was USD 3.1bn down from previous year's being USD 4.5bn.


Maersk Falls into the Red

Photo by Maersk Line

 Maersk Line posted a steep decline in profit last year to $1.3bn, well down from the 2014 result of $2.3bn and below its most recent forecast as freight rate declines accelerated in the latter stages of 2015.   The net profit of Maersk Group in 2015 amounted to 0


Maersk Q3 Profit Drops

The Maersk Group delivered an underlying profit of USD 662m in the third quarter

  The Group delivered a profit of USD 778m (USD 1.5bn) negatively impacted by the lower oil price and lower average container freight rates, down 51% and 19% respectively compared to the same period last year. The return on invested capital (ROIC) was 7.6% (12.7%)


Crowley Formalizes New Business Segments

Wendy MacDonald and Mike Golonka (Photo: Crowley)

Crowley formalizes new GlobalShip Management and Government Services groups; Golonka and MacDonald assume new vice presidential roles   Crowley Maritime Corp. has formalized two new groups, Government Services and Global Ship Management


Calnetix Technologies Notches 3 New Patents

The U.S. Patent Office has awarded three new patents to Calnetix Technologies, a developer of high-speed motor generators, magnetic bearings and control systems and energy recovery technologies. These new awards bring the company’s total patent count to 33.  


Crowley Appoints Tornga as VP - Stakeholder Relations

Crowley Veteran Craig Tornga

  Crowley Maritime Corporation announced today that company veteran Craig Tornga has assumed the role of vice president of stakeholder relations for Alaska, and will coordinate with all of Crowley's Alaska business units to leverage relevant company relationships


Honeywell to Automate Finland's First LNG Terminal

The liquid natural gas terminal under construction in Finland. Image credit: SkanGas

 Honeywell has announced that it has received a contract to supply its Experion Process Knowledge System (PKS) automation controls and tank gauging systems for Finland’s first LNG import terminal.   The new terminal will efficiently supply natural gas to marine vessels and


Fincantieri Launches Nuclear Waste Vessel for Russia

Photo: Fincantieri

New semisubmersible floating platform will be used to transport special material decommissioned by the Russian Navy    Itarus, the new semisubmersible floating platform built to transport Russia’s nuclear materials, was launched at a ceremony on November 19 at Fincantieri’s


ZF Acquires Bosch Rexroth Industrial Gears Arm

The now fully completed acquisition of the industrial gears and wind turbine gearbox portions of Bosch Rexroth consolidates ZFs industrial gears business portfolio – these will also be used for heavy tunnel drilling machines. (Photo: ZF)

ZF acquires industrial gears and wind turbine gearbox segment from Bosch Rexroth   Following the go-ahead from antitrust authorities, on December 1, 2015 ZF has officially taken over the industrial gears and wind turbine gearbox business from Bosch Rexroth AG


Management Shuffle at Atlas Elektronik

Dr. Rolf Wirtz will become Chief Executive Officer of the naval electronics systems provider Atlas Elektronik GmbH, with effect from January 1, 2016. He will succeed Volker Paltzo who will leave the company on December 31, 2015 and take on a new role as Chief Executive Officer of Eurofighter


ABB Services Over 300 Turbochargers for CSCL

Photo: ABB

New service contract covers a further 113 turbochargers     ABB Turbocharging, part of the power and automation technology group, announced it has signed its third and largest Operation Performance Package service agreement with China Shipping Container Lines (CSCL)


Curtiss-Wright, Geospectrum Technologies Collaborate

Photo courtesy of Curtiss-Wright

Press Release -- Curtiss-Wright’s Defense Solutions division has announced that its INDAL business unit is collaborating with GeoSpectrum Technologies  to develop a new compact and lightweight sonar system designed for the smaller surface ships and Unmanned Surface Vehicle (USV) markets


New Industrial Director at Port of Rotterdam

Yvonne van der Laan (Photo: Marc Nolte)

Yvonne van der Laan will commence her duties as Director of Process Industry & Bulk Goods at the Port of Rotterdam Authority starting February 1, 2016.    Van der Laan will succeed Bas Hennissen, who left in 2015. She brings to the role more than 20 years of experience in the






 
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