Group Announces

Man-Made Island Proposed for LNG Terminal

Atlantic Sea Island Group, announced that they have received notification from the United States Coast Guard that their application to create an LNG deepwater terminal on a 60.5 acres constructed island 13.5 approximate miles south of Long Beach, Long Island, has been deemed "complete" and allows the regulatory, oversight and review process to continue pursuant to federal regulations. Far from population centers and outside of vital shipping lanes, Safe Harbor Energy will have the capacity to deliver 2 billion cubic feet of natural gas each day to 65 million consumers, ending the area's dependence on natural gas shipped up from the Gulf Coast some 1,200 miles away.

VT Chairman Outlines Venture with BAE Systems

In a statement provided with the company's Preliminary Results , VT Group's chairman Michael Jeffries gave an indication of how the new shipbuilding venture between his company and BAE Systems would be structured. He said "We announced in December 2006 that we had entered into discussions with BAE Systems to combine our respective surface shipbuilding and naval support businesses, including Fleet Support Limited (FSL)

Dubois Appointed CFO of CMA CGM Group

CMA CGM Group announced the appointment of Olivier Dubois as Group Chief Financial Officer. He will replace Jean-Yves Schapiro who has decided to take on new challenges outside the shipping industry. Olivier Dubois graduated from ESSEC Business School in 1976 and IEP Paris (Business Administration) in 1978. His experience has spanned over 30 years: from 1980 to 1991 at Banque Paribas; from 1991 to 2002, Director and Executive Officer in charge of Administration, Finance, Tax, IT

Kongsberg EM2040 dual head at MMT Group

MMT Group announce acquisition of a new Kongsberg EM2040D. The EM2040 dual head system has recently been installed on MMT’s survey and ROV vessel IceBeam.   This is the first highly developed multibeam echo sounder to combine all of the advanced features of deepwater echo sounders to the near-bottom sounding environment. Such features include:   1.    Dual swath per ping to maintain a high survey speed

Reservoir Names MD for Well Intervention

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.

Ship Service Provider GAC Announces Senior Appointments

The GAC Group announces key management appointments for its head office and local operations in Oman and the United Kingdom. Group Vice President for Human Resources Jan Farnelid will retire on 31 August and take on a consulting role with the Group until the end of the year. Since 2004, Jan has successfully implemented HR policies and initiatives that underline the importance of GAC’s focus on human capital as a key enabler of its expansion strategy.

P&O, Festival Squash Consolidation Plans

Citing, among other factors, a lackluster market for cruise shares on the U.S. stock exchange, P&O said it and Festival Cruises decided not to pursue the merger of their cruises businesses due to the continuing low valuations of cruise companies in the United States. The groups announced in May a deal to combine businesses as part of Peninsular and Oriental Steam Navigation cruises division in a deal worth up to $600 million.

The Shipyard Group Adds to Growing Fleet

The Shipyard Group announced the addition of the M/Y Caribbean Sparkle.  This 107 ft. custom cockpit motor yacht, based in South Florida, is available for charter in Florida and the Bahamas.   The  Caribbean Sparkle accommodates eight guests in four staterooms.  In the cockpit is the angler’s chair, ready for reeling in the day's catch.  From there it’s a few steps onto the swim platform where you can snorkel

Resolve Salvage & Fire CG Approved for OPA90

Resolve Salvage & Fire (Americas), the emergency response division of international maritime emergency services contractor Resolve Marine Group, announced that the U.S. Coast Guard has approved Resolve to help oil tanker vessel owners comply with new OPA90 requirements by the February 22, 2011 deadline. The USCG has already begun issuing Interim Operating Authorizations (IOA) for tank vessels that cite Resolve in their OPA90 Vessel Response Plans

Wison VP to Speak at FLNG Conference

Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced that Vice President of LNG Sales, Tor-Ivar Guttulsrod, will speak in the Strategy Roundtable of Floating LNG 2013, the world’s largest conference on floating LNG on Wednesday, June 12, 2013. Mr. Guttulsrod will be part of the Technical Panel, speaking on how FLNG is coming of age and moving forward Into FLNG delivery. Mr