At its extraordinary general meeting held Dec. 12, 2000 in Houston, Texas, holders of ordinary shares of Transocean Sedco Forex Inc. approved all proposals presented at the meeting, including those relating to the company's pending merger transaction with R&B Falcon Corporation. Shareholders approved an increase in authorized ordinary share capital, the issuance of ordinary shares in the merger, anincrease in the maximum size of the company's board of directors to 13 persons and an increase in the number of ordinary shares reserved for issuance under the company's Long-Term Incentive Plan and Employee Stock Purchase Plan. On Aug. 21, 2000, Transocean Sedco Forex announced that it had signed a definitive agreement to merge with R&B Falcon in an all stock transaction in which common shareholders of R&B Falcon will receive a fixed ratio of 0.5 shares of newly issued Transocean Sedco Forex ordinary shares for each R&B Falcon share. The transaction is expected to close during the first quarter of 2001.
Golar LNG Limited advised that the 2010 Annual General Meeting of the company was held on September 24, 2010 at 10:30 a.m. at the Elbow Beach Hotel, 60 South Shore Road, Paget PG04, Bermuda. The following resolutions were passed: 1) To re-elect John Fredriksen as a Director of the company. 2) To re-elect Kate Blankenship as a Director of the company. 3) To re-elect Hans Petter Aas as a Director of the company. 4) To re-elect Kathrine Fredriksen as a Director of the company.
Viking Life-Saving Equipment A/S CEO and Group Managing Director, Kjeld Amann, will retire following the group’s annual general meeting on March 15, 2010. During Amann’s tenure as CEO the group has grown its business volume considerably. The company has enlarged its global owned network of sales, service and stock points to more than 50 and with more than 250 certified service and sales agents. Amann will be succeeded as CEO by Henrik Uhd Christensen the present Global Sales and
Transocean Ltd. (NYSE:RIG) announced the effective date for Steven L. Newman to become CEO is March 1, 2010. As previously announced, Newman will succeed Robert L. Long, who is retiring as CEO. In keeping with current corporate governance best practices, Long will also be resigning from the company's Board of Directors effective February 28, 2010. Newman will be included on the Annual General Meeting of Shareholders agenda in May as a candidate for election as a member of the Board of
China Shipping Development Ltd said it will pay more than $800m for 10 dry bulk carriers and four very large ore carriers. It said the dry bulk carriers were ordered from subsidiaries of its parent, China Shipping (Group) Co. Six carriers of 57,300 dead weight tons and four of 57,000 DWT will be delivered by June 2012 at the latest, the company said. They will be used to transport coal and other bulk cargo. The purchase is subject to approval by independent shareholders of China
The Board of Directors of the company elected Ian C. Strachan to serve as Chairman of the Board effective May 18, 2013. Mr. Strachan replaces J. Michael Talbert who was not re-elected at the company's annual general meeting held on May 17, 2013. Mr. Strachan has served as director of the company since December 1999. Most recently, he served as chairman of the Finance Committee of the company as well as serving on the Corporate Governance Committee of the company.
The Naval Ship Classification Association (NSCA) has elected Lorenz Petersen, Germanischer Lloyd's Business Segment Manager for Navy Vessels, as Chairman of the Association, at their annual general meeting in Rome. The NSCA is the naval counterpart of the International Association of Classification Societies (IACS). It represents the classification societies to NATO and at the International Naval Safety Association (INSA)
The results of a three year study designed to draw up a pan‐industry set of usable and comparable Key Performance Indicators to measure quality ship management services will be unveiled by InterManager, the trade association of in‐house and third part ship managers, at its Annual General Meeting in Singapore on November 17th. In a separate move, the AGM announcement will also mark the movement into ownership by InterManager of the KPI initiative
The 2012 ICOMIA/FBSO Congress was held in Capetown, hosted by newly formed Marine Industry Association of South Africa (MIASA) After registration, delegates were taken on industry site visits to view rig designers, Southern Spars; large sailing-yacht builders, Southern Wind Shipyard, and the state-of-the-art facilities at Quantum Sails, which produce sails for multihulls and keelboats. Two more industry visits followed at catamaran builders Robertson and Caine and Two Oceans Marine.
Shipbuilders & designers STX OSV adopt new brand name following sale of STX Europe’s majority stake in the company to Fincantieri Oil & Gas. Chief Executive Officer and Executive Director of VARD, Roy Reite, said, “I am excited to announce that VARD will be our new name. It conveys a sense of stability and strength, relevance and flexibility. More importantly, it reflects our long-standing Norwegian heritage
At a meeting of the Mitsubishi Heavy Industries, Ltd. (MHI) Board of Directors held, a resolution was made to submit a proposal concerning distribution of dividends from retained earnings to shareholders of record as of March 31, 2013, to the 88th Ordinary General Meeting of Shareholders scheduled
Transocean Ltd. announced that J. Michael Talbert has advised the Board of Directors that, if reelected at the company's upcoming Annual General Meeting (AGM) on May 17, he will retire from the board no later than the company's 2014 AGM. To facilitate an orderly transition of leadership
Wilh. Wilhelmsen Holding ASA (WWH) operating profit and total income declined quarter on quarter and year over year. The company attributes the decline in profits mainly as a consequence of continued drop in shipping volumes and a less favourable cargo mix, and in the second quarter
At the end of Q1 2013 the Norwegian company's backlog totalled a record-high NOK 31.6 billion, including incorporated joint ventures. Kvaerner, a specialised provider of engineering, procurement and construction (EPC) services for offshore platforms and onshore plants
NOL Group has announced the appointment of Senior Counsel Mr Alvin Yeo to its Board of Directors. Subject to shareholders’ approval at NOL’s Annual General Meeting on 18 April 2013 (“AGM”), Mr Yeo, Senior Partner at WongPartnership LLP
This press release is issued by Royal Boskalis Westminster N.V. (Boskalis) and Dockwise Ltd. (Dockwise) pursuant to the provisions of Article 5-12 of the Norwegian Securities Trading Act (Verdipapirhandelloven), Article 5:25i paragraph 2 of the Dutch Act on Financial Supervision (Wet op het
A new date and location have been set for Dockwise’s Annual General Meeting of Shareholders (AGM). The official Notice for the AGM will be released latest March 20, 2013. The new date is Friday, April 5, 2013 at 14.00 hrs CET in Amsterdam. www.dockwise.com
Aker Solutions ASA release fourth quarter and preliminary annual results 2012. Aker Solutions reported revenues of NOK 12.0 billion and earnings before interest, tax, depreciation and amortisation of NOK 1.2 billion in the fourth quarter of 2012
Rolls-Royce announce that Ian Davis will succeed Sir Simon Robertson as Chairman. Mr. Davis will join the Board as a non-executive Director on 1 March 2013 and take over from Sir Simon at the conclusion of the Annual General Meeting on 2 May 2013.
Specialist for propulsion and power solutions, Tognum AG, has achieved its revenue and profit targets for the full year 2012. Revenues increased slightly last year by 1.4% as expected to €3.015 billion (2011: €2.97 billion). With an adjusted EBIT of €296 million
Kværner reported operating revenues of NOK 2 930 million in the fourth quarter 2012. Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 119 million, resulting in an EBITDA margin of 4.1 percent. The order backlog amounted to NOK 21 262 million.
The Canadian Ferry Operators Association (CFOA) announce its team to lead the organization into 2013. CFOA is a member-based organization representing Canadian ferry owners and operators across the country. Ferries are an integral part of Canadas transportation system
Intercargo the trade Association representing the interests of the bulk shipping industry, has announced the appointment of Mr John Platsidakis as Chairman. Mr Platsidakis is currently Managing Director of Piraeus-based Anangel Maritime Services Inc
Decom North Sea (DNS), the offshore oil & gas decommissioning forum, held its annual general meeting last night in St Andrews, with 10 new directors elected from across all sectors of the decommissioning industry. The meeting heard that the supply chain body now has 213 fee paying members
InterManager members attending this year’s Annual General Meeting on Thursday (October 11) will thank retiring President Alastair Evitt for his work at the helm of the association over the past two years. During his Presidency Mr Evitt has represented InterManager on the world