Shares of shipping and logistics group Neptune Orient Lines Ltd. (NOL) surged almost 10% on optimism over recent management changes, dealers said on Tuesday. Late September, NOL said it had hired more senior executives from Sea-Land Services as senior officals for its container transportation arm, APL. The move were seen as positive and reinforced the shipping group's commitment to grow its European and North American presence. Flemming Jacobs is NOL's new chief executive officer.
ConocoPhillips announced that Stephen R. Brand, currently vice president, exploration and business development, Exploration and Production, will become senior vice president, Technology, effective October 1, 2007. Brand will report to Jim Mulva, chairman and chief executive officer.
Shares of shipping and logistics group Neptune Orient Lines Ltd. (NOL) surged almost 10 percent last Tuesday on optimism over recent management changes, dealers said. "We are buying on the back of increasing confidence in the market, higher assurance that the Fed will not be doing anything drastic and hope that NOL's new management would bring positive changes," said one dealer. In late September, NOL announced the hiring of more senior executives from Sea-Land Services as senior officials
The California State Lands Commission (SLC) issued a Notice of Proposed Regulatory Action relating to management of ballast water on ships of 300 gross registered tons or more arriving in California after having taken on ballast water from places within the Pacific Coast Region. The Pacific Coast Region is defined as coastal waters on the Pacific Coast of North America east of 154°W longitude and north of 25°N latitude, exclusive of the Gulf of California
Mr Leif Borge, CFO, has accepted a position as CFO in Aker Kvaerner ASA and will for that reason leave Aker Yards at the end of his notice period. Recruitment of his successor has been initiated. Mr Borge has been CFO of Aker Yards since 2002. Mr Julin says in a comment: "I would like to take this opportunity to thank Mr Borge for the excellent work he has put down for Aker Yards so far. He has been instrumental in developing the company into its current form
ABS Nautical Systems (NS), a division of ABS, a classification society, announced a series of senior management changes and established a new client-centered operational structure to strengthen its portfolio of fleet management software services for the marine and offshore industries. Karen Hughey, who joined NS in January as Senior Vice President, has been appointed President and Chief Operating Officer, replacing Jack Kitchura who has retired after leading Nautical Systems for the past
Pierre Marie Valentin, Chairman and Chief Executive Officer of Coflexip announced that the management structure of the CSO Group has been changed to reinforce its position as a worldwide leader in providing offshore solutions in deepwater. On this occasion, a new Executive Committee has been nominated. The new CSO Group management structure was implemented as of June 26, 2001 incorporates the know-how of the Group's various parts including those recently acquired in the CSO Aker Maritime
Norway's John Fredriksen raised his offer price for Singapore's Osprey Maritime by 12.5 percent in a move seen likely to result in a management change and possible de-listing of the group. Fredriksen, through his privately held World Shipholding Ltd., lifted his offer from S$1.00 to S$1.125 per share for the 38.85 percent of the tanker group he does not already own. Osprey shares ended up 11 percent at S$1.11 after hitting a high of S$1.16. Volume was thin at 660,000 shares.
Tony Allen has taken over the management of the North of England P&I club's successful Greek office. He replaces Mike Salthouse, who set up the office three years ago and has now returned to the club's headquarters in Newcastle upon Tyne, England as a Greek area director. Allen (42) started work in the Greek office last year. He formerly worked in Piraeus on P&I and FD&D matters with international maritime law firm Norton Rose before moving to the North of England in 1998
Viking Moorings CEO Discusses 2012 Strategy Viking Moorings announced the appointment of Bill Bayliss as Group Chief Executive, heralding a significant restructuring of the company, which involved the co-existing shareholders. Bayliss, who is based at the company’s Aberdeen operations center, has been charged with implementing a series of management changes and growing the company through additional service provision and international expansion in 2012 and beyond
A model of the hi-tech WSD 1000 MPSV, a multi-purpose offshore supply vessel with a unique fuel-efficient design, proven hull lines & an integrated equipment package from Wärtsilä, will be on display at the upcoming Expo. In addition to this and other exhibits
“If you think safety is expensive, try an accident!” This is the second in a series of Maritime Reporter and Engineering News articles on Safety Culture in the maritime industry. The first article, which appeared in our October, 2013 edition
Lloyd's Register (LR) unveils a refreshed brand identity, with the introduction of a new logo that celebrates the culture of innovation built over the company’s 253-year history. LR explains that the organisation has undergone significant change and growth over recent years
Knut Ørbeck-Nilssen is appointed president in DNV GL Maritime. Ørbeck-Nilssen will take on the role as president from 1 January 2014. He will be member of the Executive Committee and operate out of Hamburg. Tor E. Svensen, CEO DNV GL Maritime
Clay Maitland, Chairman of the North American Marine Environment Protection Association, announced that Morten Arntzen will moderate the Risk Management panel at this year’s North American World Maritime Day Observance being held on October 30th aboard the Hornblower Infinity in New York
Corvus Energy’s lithium energy storage system is the world’s first to be type- approved by DNV GL. The type approval makes increased fuel efficiency and greatly reduced emissions available for heavy industries such as offshore oil and gas and commercial shipping, Corvus said.
BP poll shows delegates at SPE Intelligent Energy International 2013 believe the digital generation will enable emerging technologies to optimize production and enhance safety management. Oil and gas industry professionals believe that the digital generation will enable emerging technologies to
Norwegian marine, energy, steel and machinery group Scana Industrier announce that as from 1, November 2013, Rolf Roverud leaves his position as CEO of Scana Industrier ASA and Jan Henry Melhus will act as CEO from the same date. Currently, Melhus holds the position as Executive Vice President /
Upcoming environmental regulations will affect existing vessels, and as a consequence there is a growing demand for exhaust gas cleaning and ballast water treatment systems. Retrofitting both scrubbers and ballast water management systems is – or will soon be – required for many
Imtech Marine has been awarded a second Advanced Support Agreement from Jack-Up Barge for 24/7 remote monitoring and maintenance of the systems installed by Imtech Marine on board the newbuild, self-elevating platform JB-118. This follows an earlier and similar contract for the JB-117
Dometic Group recently confirmed five key appointments in the EMEA (Europe, Middle East and Africa) territory following the restructuring of Dometic Group’s global business operations in early 2013. Dometic noted that the appointments have been made to strengthen the EMEA business moving
Shipping solutions provider BASS is going deep into Malaysian waters, signing on Sealink Sdn Bhd, a wholly-owned unit of Sealink International Bhd, to equip it with the state-of-the-art Human Resource Management solution, BASSnet HRM 2.8.
CrewInspector.com crewing software provider conducted an online survey asking companies, which are currently searching the market for a new software, to answer the question “Why they are looking for crew management software”. Survey was conducted among participants from various
Global Navigation Solutions announced that Voyager is now offered by all members of the Global Navigation Solutions maritime services group. Ship operators looking for the state-of-the-art route planning, intelligent data management and quality of compliance provided uniquely by this new
Bureau Veritas has awarded certification to Statoil for meeting the Safety and Environmental Management Systems (SEMS) protocols developed by the Center for Offshore Safety (COS), an enhanced set of requirements in the offshore oil and gas industry.