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Management Changes

NOL Shares Soar On Management Change News

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 Makes Senior Management Change

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.


NOL Management Changes Causes Shares Rally

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


Ballast Water Management Changes Proposed

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


Management Change in Aker Yards

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 Realigns

Karen-Hughey3_web.jpg

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


Management Changes at North of England P&I Club’s Greek Office

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


Fredriksen Ups Osprey Offering

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.


Remotec Awarded US Navy Repair Contract

northrop.jpg

The U.S. Navy has awarded Northrop Grumman Corporation subsidiary Remotec Inc. an $8.8 million contract to repair and upgrade 103 MK3 Series Remote Ordnance Neutralizations Systems (RONS), increasing the capabilities and availability of the explosive ordnance disposal robots.   The Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division, Indian Head, Maryland, awarded Remotec a sole-source, indefinite delivery, indefinite quantity contract (IDIQ)


Viking Moorings Eyes GOM Market

Bill Bayliss, new Group Chief Executive at Viking Moorings.

 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


Launch of Asian Marine Casualty Forum

Asian Marine Casualty Forum logo

  The Crisis in Global Maritime Casualty Response – Now Is the Time To Act – An industry Forum Designed to Promote Change An industry forum aimed at producing a practical response to the current crises in maritime casualty management was officially launched in Singapore today


Hofste, Montijn Nominated to Supervisory Board Fugro

  Fugro N.V. announces that the Supervisory Board of Fugro nominates Mrs. P.H.M. Hofsté and Mrs. A.H. Montijn for appointment as members of the Supervisory Board at the Annual General Meeting of Shareholders (AGM) to be held on 30 April 2015.


White House: No Change in Crude Oil Exports Regulations

Josh Earnest (White House photo)

The White House said on Tuesday there has been no change in the U.S. ban on crude oil exports, responding to a question about whether an impending change might be behind price moves in oil markets.   "There has been no change in regulations regarding crude oil exports


Enclosed Space Management System Launched

Photo courtesy: Videotel

Videotel, in conjunction with Mines Rescue Marine, has launched the Enclosed Space Management System, designed to help assess, audit and manage the safety of enclosed spaces on board ship and combat the number of accidents and fatalities that all too often occur when problem areas are overlooked


AVEVA Acquires 8over8

Richard Longdon, Chief Executive of AVEVA

  AVEVA Group plc one of the world's leading providers of engineering design and information management solutions has acquired 8over8 Limited from management and certain private individuals.   8over8 is a software business, headquartered in Northern Ireland with operations in North


Moore Stephens: Shipping Must Adopt Can-do Attitude

International accountant and shipping adviser Moore Stephens says shipping needs to adopt a can-do attitude in order to successfully meet the challenges which are likely to come its way in 2015. Moore Stephens shipping partner Richard Greiner says


St. Petersburg Becoming Int'l Gas Sales Hub

Gas Sales Center

  Alexey Miller, Chairman of the Gazprom Management Committee, inaugurated today a new office building of Gazprom Export in St. Petersburg. Taking part in the ceremony were Mikhail Mokretsov, Vice-Governor of the city of St. Petersburg, Alexander Medvedev


Sekimizu Welcomes Shipper’s Revised Stance on Ballast Water

IMO Secretary-General Koji Sekimizu has welcomed the reconsideration by the International Chamber of Shipping (ICS) of its position towards the ratification by Governments of the International Convention for the Control and Management of Ships’ Ballast Water and Sediments


NOAA: US to See More Floods from Sea Level Rise

Annapolis, Maryland, pictured here in 2012, is one of three major East Coast urban areas already being faced with nuisance flooding in excess of 30 days per year. (Credit: With permission from Amy McGovern.)

Most of U.S. coast may see 30 or more days a year of floods up to 2 feet above high tides. By 2050, a majority of U.S. coastal areas are likely to be threatened by 30 or more days of flooding each year due to dramatically accelerating impacts from sea level rise, according to a new NOAA study


ICS Alters Position on Ballast Water Convention

The global trade association for merchant shipowners, the International Chamber of Shipping (ICS), has modified its stance towards the ratification by governments of the International Maritime Organization (IMO) Ballast Water Management Convention


World Magnetic Model Updated

The WMM is a large-scale representation of Earth’s magnetic field. The blue and red lines indicate the positive and negative difference between where a compass points the compass direction and geographic North. Green lines indicate zero degrees of declination. (Credit: NOAA)

NOAA and British Geological Survey make critical changes to World Magnetic Model to ensure accurate navigation   NOAA officials announced today the World Magnetic Model (WMM), a representation of Earth’s large-scale magnetic field and an indispensable complement to GPS devices used by


Revised Port Tariffs for Darwin

The [Northern Territory] Government has approved the following changes in the [Darwin] port tariffs: * introduction of a fixed berthage charge of $2,000 per call (ex GST); * 15% increase to the daily berthage tariff from the current $0.2545 to $0.2926 per GRT per day (ex GST);


Robot Fleet Completes Pioneering Mission

Waveglider in rough seas

  The second phase of an ambitious project to gather valuable information on ocean processes and marine life using a fleet of innovative marine robots has just reached its conclusion. Co-ordinated by the National Oceanography Centre (NOC)


Ensco Promotes Lowe to EVP

Ensco plc announced that Carey Lowe has been promoted to Executive Vice President.   Lowe will be responsible for overseeing investor relations, public relations, employee communications and branding, led by Vice President Sean O’Neill, as well as strategy


Inlecom Introduces i-Ship

Photos by Inlecom

Inlecom Systems Ltd (Inlecom) has launched i-Ship, an innovative software application, enabling ship representatives to fulfil their reporting obligations to European and International maritime and custom authorities with greater speed and efficiency.  






 
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