Chief Executive

British Ports Reorganizes American Management

Associated British Ports Holdings Plc has appointed Douglas Tipton as head of the Seaport container terminal division at its American Port Services subsidiary, and will reorganize top management including the appointing. Tipton has been president and chief executive officer of Contship Containerlines Inc. for the past three years. He has extensive experience of the container industry, having also worked at Mitsui OSK, Maersk and Sea-Land. Seaport will become one business unit under his leadership, with all U.S. terminals reporting to him. Seaport operates six terminals for car exports and imports, mainly on the U.S. east coast. Ozzie Moore will continue to head the U.S. aviation services division Amport. Moore and Tipton will report directly to ABP's chief executive Bo Lerenius. As a result, Tim Chadwick, chief executive of APS, will be leaving the group.


APS Management Restructured

Associated British Ports Holdings Plc is reorganizing top management at its American Port Services subsidiary, including appointing Douglas Tipton as head of the Seaport container terminal division. Tipton has been president and chief executive officer of U.S. shipping firm Contship Containerlines Inc for the past three years. He has extensive experience of the container industry, having also worked at Mitsui OSK, Maersk and Sea-Land


Ronald D. Sugar Elected President and Chief Operating Officer of Northrop Grumman

Northrop Grumman Corporation has named Ronald D. Sugar, president and chief operating officer chairman and chief executive officer. Dr. Sugar was elected to Northrop Grumman's board of directors last April. Kent Kresa, chairman and CEO, stated, "With our recent acquisition of Litton Industries, Northrop Grumman is now a $15 billion top-tier global enterprise with 80,000 employees. Ron's appointment provides our company with additional management depth


NASSCO, BP Hold Naming Ceremony

Preparing to name the Alaskan Frontier are Richard Vortmann, President of NASSCO, ship's Sponsor Pamela Olver, spouse of Richard Olver, Deputy Group Chief Executive of BP, Richard Olver, Diane Malone, Matron of Honor, spouse of Bob Malone chief executive of BP Shipping, Ltd., and Bob Malone. National Steel and Shipbuilding Company (NASSCO joined BP p.l.c. in naming the Alaskan Frontier, the first of four Alaska-class double-hull oil tankers being built for BP Oil Shipping Company.


Lund Named New Statoil CEO

At its meeting on March 7, 2004, Statoil's board of directors appointed Helge Lund (42) as new chief executive for the Statoil group. Mr Lund is currently chief executive of Aker Kværner ASA. "Helge Lund was the first choice of the board and we are very pleased that he has agreed to lead Statoil in the years ahead," said Statoil chair Jannik Lindbæk. Lund graduated as a business economist at the Norwegian School of Economics and Business Administrationin Bergen


Reservoir Names MD for Well Intervention

Fraser Louden (Photo: Reservoir Group).

Reservoir Group announced the appointment of Fraser Louden as managing director of its well intervention and measurements business. Acting as the Group management team’s interface with its growing portfolio of companies, Louden joins from an executive advisor role at FMC Technologies and previous expertise at READ Well Services Ltd., where he held key roles, including chief executive officer, vice president, business development manager and R&D manager.


ConocoPhillips Announces Senior Management Changes

ConocoPhillips announced the following actions concerning the company's senior management: John Carrig, currently executive vice president, Finance, and chief financial officer, will become president and chief operating officer.  He will continue to report to Jim Mulva, chairman and chief executive officer. Jim Gallogly, currently executive vice president, Refining, Marketing & Transportation, will become executive vice president, Exploration & Production.


Bethel Named Honorary President, Society of Maritime Industries

Archie Bethel.JPG

Archie Bethel, CBE, has succeeded Alan Johnston, CBE, as Honorary President of the Society of Maritime Industries at the Society’s Board meeting today.  Archie Bethel is Divisional Chief Executive of Babcock International Group plc’s marine and technology division. In welcoming Bethel to his role, the Society’s Chairman, Peter French said “I am delighted Archie has agreed to be our President


Wood Jr. Appointed Chairman at American Superconductor

American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced the appointment of John W. Wood Jr. as chairman of the Board, effective August 16. He replaces former chairman and company founder, Gregory J. Yurek, who retired as chief executive officer earlier this year. Wood, 67, has been an independent director of AMSC since 2006. Prior to joining AMSC’s Board, Wood was chief executive officer of Analogic Corporation


Overseas Shipholding's Leadership Change

johnston_hi_res web.jpg

Arntzen Resigns, Johnston Takes the reigns at OSG Overseas Shipholding Group announce the appointment of Captain Robert Johnston as President & CEO. Morten Arntzen has resigned as President and Chief Executive Officer and as a director of the Company to be succeeded by Johnston. Captain Robert Johnston will serve as the President and Chief Executive Officer of the Company effective immediately. He was previously the Senior Vice President and Head of U.S


Chinese Ship Agency Reports Profit Tumble

Non-state company, Sino-Global, announces major decline in third quarter 2013 financial results, raises cash by share issue. Sino-Global is a non-state-owned provider of shipping agency services operating primarily in China. Financial highlights are as folllows:


INTTRA & APL Expand Business Relationship

The companies agree that INTTRA will support APL’s global e-commerce growth strategy, as well as enhance its global customer service offerings. With more than two million container orders initiated on the INTTRA platform each month, INTTRA says it reaches the largest worldwide community of


IPIC Takes Over Chairmanship of Gulf Energy Maritime

(L-R): Mr. Khalifa Abdulla Al Romaithi, new chairman of GEM; Mr. Saeed Abdulla Khoory; current chairman of GEM; and Mr. Ahmed AL Falahi, CEO of GEM.

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


WSS Appoints Romanet GM for Belgium

Romaine Romanet (Photo: WSS)

Wilhelmsen Ships Service (WSS) appointed Romaine Romanet as new General Manager for Belgium. Ms. Romanet brings many years’ experience from a number of multinational businesses in the areas of operation, finance, business development, change project management and people development.


Horizon Lines in Red, But EBITDA Rises in Q1 2013

Horizon Lines Ship: Photo courtesy of Horizon Lines

First quarter 2013 net loss amounted to US$ 20.1 million, while rate, net of fuel, increased 1.9% & adjusted EBITDA was up 25.7% from a year ago. Sam Woodward, Horizon Lines' President and Chief Executive Officer said: "The positive factors resulting in adjusted EBITDA growth were


Harvey Gulf Invests $540 Million in LNG Vessels

Photo: Harvey Gulf International Marine

Chief Executive Officer of Harvey Gulf International Marine, Shane Guidry announced the execution of three agreements for vessels totaling $540 million. These purchases will raise the total capital expenditures of Harvey Gulf to $1.7 billion since August of 2008.


Northrop Grumman Names CEO U.K. and Europe

Andrew Tyler: Photo credit Northrop Grumman

Northrop Grumman Corporation will appoint Andrew Tyler chief executive for the United Kingdom and Europe, effective July 1, 2013. In this new position, Tyler will play a leading role in supporting the company's current programmers, developing strategies for growth and identifying new business


Singapore's Triyards Introduce New HPHT Jack-up Design

Triyards Holdings now able to design & build its own proprietary drilling jack-up rigs and self-elevating units (SEUs). The new design is for the Premium Class 400 HPHT (High Pressure, High Temperature) drilling jack-up rig, the TDU-400.


Huntington Ingalls Industries Reports Q1 Results

Mike Petters,  HII President and CEO (Photo: Huntington Ingalls Industries)

Huntington Ingalls Industries reported first quarter 2013 revenues of $1.56 billion, relatively flat compared to the same period last year. Segment operating income for the first quarter was $120 million, compared to $101 million in the same period last year


Pole Star Partners with Delta Wave for Onshore Fleet Tracking

Pole Star Space Applications said it has partnered with Delta Wave Communications to pursue onshore opportunities. Delta Wave will offer Pole Star’s remote monitoring, security and tracking solutions to the North American energy exploration, chemical and oil and gas markets.


U.K. Shipping Minister Commits to Maritime Industry

U.K. Shipping minister says he is committed to putting the £31.7-billion shipping industry center-stage. Stephen Hammond, Parliamentary Under-Secretary of State for Transport, speaking at a Maritime London/Shipping Professional Network London event underlined the government’s


ABB CEO Joe Hogan to Leave the Company

Joseph Hogan: Photo credit ABB

ABB Chief Executive Officer Joe Hogan has decided to leave ABB for private reasons. A date for his departure has not yet been decided, says the company, and Hogan will continue to lead ABB until a successor is announced as he is committed to a smooth transition.


Austal Forges Links with Thai, Vietnam Shipyards

LCS 2: Photo credit Austal

Austal announce new strategic partnerships in the Asia-Pacific region to enhance its support to the US Navy & others in the region. Following on from the strategic partnership with Singapore’s Sembawang Shipyard Pte Ltd announced in January 2013


Braemar Shipping Services Preliminary Results

Braemar Shipping Services plc., an international provider of broking, consultancy, technical and other services to the shipping and energy industries, announced its full year results for the year ending February 28, 2013. Financial Highlights


Middle East Natural Gas Firm, DANAGAS, Reports Strong Growth

Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announces financial results for the first quarter ended 31 March 2013. Financial highlights: •    Net profit of AED 241 million, up 17% year-on-year


 
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