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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

New Managers for ULSTEIN Design and Innovation

Frode Sollid (Photo: ULSTEIN)

ULSTEIN has announced management changes within its design and innovation areas, naming Frode Sollid as development manager at Ulstein Design & Solutions AS and Bernt-Aage Ulstein is as its new design manager.   Sollid brings 30 years of experience developing solutions and designs for offshore vessels to the newly-established position as innovation and development manager at Ulstein Design & Solutions AS

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.

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

ABS Nautical Systems Realigns


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

Remotec Awarded US Navy Repair Contract


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)

Seaspan Announces Senior Management Changes

  Seaspan Corporation announced that Sai Chu, Chief Financial Officer, has informed of his resignation and retirement from Seaspan effective November 6, 2015, after more than 10 years' of service with Seaspan and related entities. Gerry Wang, Chief Executive Officer

Waldner Appointed LR's Group CFO

Mary Waldner is Group CFO

  Global engineering, technical and business services organisation, Lloyd’s Register (LR), has announced the appointment of Mary Waldner as Group CFO. Mary is currently Group Finance Director at FTSE 250 listed defence, security, transport and energy company Ultra Electronics and

Integrated Training, Travel Solution to Meet New STCW, OPITO Regulations

  GAC Training and Service Solutions (GTSS), the specialist provider of world-class training for maritime personnel, has announced an agreement with ATPI Griffinstone, part of the ATPI Group, one of the leaders in travel solutions for the shipping and energy industries

Warm Water Mixing up Life in Arctic

Most surprising finding is that the thermally induced changes at the ocean surface can rapidly spread to affect life in the deep seas Courtesy Alfred Wegener institute

  AWI researchers’ unique 15-year observation series reveals how sensitive marine ecosystems in polar regions are to change The warming of arctic waters in the wake of climate change is likely to produce radical changes in the marine habitats of the High North

Harley Marine Selects Caterpillar Tier 4 Engine

Seattle-based marine transportation company Harley Marine Services has become the first to select a Caterpillar Marine engine solution that meets U.S. Environmental Protection Agency (EPA) Tier 4 Final emissions standards. “[Harley Marine has] a reputation for being very sustainable

Bechtel Joins World Ocean Council

WOC Logo

  The global engineering, project management and construction company, Bechtel has become a member of the World Ocean Council (WOC), the international business alliance for Corporate Ocean Responsibility. Bechtel brings considerable experience and expertise in the design

Wagh Joins BSM India as Dy MD

Capt. Sanjiv Wagh

  Bibby Ship Management welcomed Sanjiv Wagh as Deputy Managing Director of its India offices. With over 30 year’s industry experience, Mr Wagh joins Bibby Ship Management from Kongsberg where he was General Sales Manager for Kongsberg Maritime India

Polarstern Returns from Arctic

Research icebreaker Polarstern

  On Wednesday, 14 October 2015 the research icebreaker Polarstern from the Alfred-Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI), entered its homeport in Bremerhaven. Since mid-May, over 200 biologists, physicists, chemists, ice physicists

Human Factor Competencies for Future Mariner

Capt Pradeep Chawla

Capt Pradeep Chawla, Managing Director QHSE & Training, Anglo-Eastern Ship Management Ltd., Presented a paper at the Nautical Institute Hong Kong Branch Seminar – “Competencies of a Future Mariner” on 23 October 2015. Following is the extract:

New Tool Helps LNG Carriers Save Fuel

Image: Eniram

Eniram Ltd., a provider of energy management technology and analytic services to the shipping industry, announced at Gastech the release of Eniram Engine, a new tool to help guide TFDE LNG carriers' engineers and officers efficient use of engines and fuel.   

Seafarers Safety Initiative Grand Prize for NYK

NYK has been recognized with the 2015 Seafarers Safety Initiative Grand Prize awarded by Japan’s Ministry of Land, Infrastructure, Transport and Tourism

  NYK has been recognized with the 2015 Seafarers Safety Initiative Grand Prize awarded by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for the company’s seafarer safety activities. The award recognizes the safety training provided to NYK’s

Leadership Changes at Huntington Ingalls Industries

Christopher D. Kastner (Photo: HII)

U.S. shipbuilder Huntington Ingalls Industries (HII) announced today a number of changes across its leadership team. HII’s Board of Directors has elected Christopher D. Kastner to succeed Barbara A. Niland as the company’s chief financial officer and corporate vice president

ABS Exec Speaks at World Shipping Summit

Howard Fireman (Photo: ABS)

ABS announced its participation in the World Shipping (China) Summit 2015, November 5-6, in Guangzhou, China, where ABS Senior Vice President and Chief Technology officer Howard Fireman spoke about changes in the global shipping industry.

Crowley Formalizes New Business Segments

Wendy MacDonald and Mike Golonka (Photo: Crowley)

Crowley formalizes new GlobalShip Management and Government Services groups; Golonka and MacDonald assume new vice presidential roles   Crowley Maritime Corp. has formalized two new groups, Government Services and Global Ship Management

Naming Ceremony of LNG JUROJIN

LNG Carrier Courtesy MOL

  Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG JUROJIN, which is co-owned by MOL and Kansai Electric Power Co., Inc. at the Nagasaki Shipyard & Machinery Works of Mitsubishi Heavy Industries, Ltd.

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