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Management Structure

DHT Announces Co-CEOs

Svein Moxnes Harfjeld, (right) and Trygve P. Munthe (left). (Photo courtesy of DHT Holdings)

DHT Holdings, Inc. announced the appointment of Svein Moxnes Harfjeld and Trygve P. Munthe as co-CEOs of DHT. Munthe will no longer hold the position as President of DHT. Harfjeld and Munthe have been CEO and President of DHT respectively, since joining DHT in 2010. Chairman of the Board, Erik A. Lind commented, "Svein and Trygve have since they joined the company in 2010 for all practical purposes functioned as a management team of equals. Their formal appointment today as co-CEO's with shared responsibility to run and develop the business of the company is thus a reflection of how effective they have been in managing the company in this manner and it will not impact other areas of DHT's management structure" dhtankers.com  


Volvo Penta Americas Strengthens Leadership Team

Volvo Penta announced three key appointments to the newly formed Volvo Penta Region Americas organizational structure.   This organizational realignment brings together all of North, Central and South America, and the Caribbean under a unified management structure. Customers, OEMs and dealers will see more direct and coordinated support within the Americas. The addition of the Latin America organization comes into effect Jan. 1, 2013.


Hyperdynamics Moves Forward to Drilling Offshore Guinea

Hyperdynamics has contracted with Applied Drilling Technology, Inc. (ADTI), a wholly owned subsidiary of GlobalSantaFe, to provide a detailed assessment of drilling infrastructure, support services and operating environment offshore the Republic of Guinea, West Africa. The ADTI study will be used in conjunction with a well design to produce an estimated project cost and a comprehensive drilling management services proposal to support a planned exploration program by Hyperdynamics


MOL Starts Safety Campaign

Photo courtesy Image Line Communications

Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) announced the start of the Safety Campaign for all its operated vessels effective October 1, 2009. During the campaign, the company will concentrate on exchange of opinions between onshore and seagoing personnel regarding MOL’s approaches to safe operation, and measures to prevent the spread of the new influenza epidemic. This will increase mutual awareness of safe operation at sea and on land to further reinforce the MOL


Hypertherm is Now Fully Employee-owned

hypotherm.png

Hypertherm, a U.S. based manufacturer of plasma, laser and waterjet cutting systems, has announced the transfer of all its common stock into an Employee Stock Ownership Plan (ESOP), making the company 100 percent employee owned under an S-Corporation structure. Previously, Hypertherm’s ESOP, known internally as the Hypertherm Stock Ownership Plan or HSOP, held approximately one-third of the company’s stock


Marseilles, France, FOS Port Leadership Appointments

Jean-Marc Forneri: Photo credit Marseilles FOS

The Marseilles FOS port authority’s supervisory board has backed a French transport ministry proposal nominating Port of Dunkirk head Christine Cabau Woehrel as the new CEO in Marseilles. There is also a new chairman and deputy chairperson. Backing for the CEO's nomination came when the supervisory board launched its latest five-year term by also electing a chairman and deputy chairman from the 17-strong line-up of governmental, industry, business and staff representatives


Coflexip Stena Offshore Makes Management Changes

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


Foss Unveils New Management Structure

The Foss Maritime Company has created three new management positions aimed at strengthening its safety, compliance and environmental programs. Frank Williamson has been promoted to vice president, safety, quality and general counsel. Formerly Foss’ general counsel, Williamson will take on new responsibilities in health, safety, compliance and quality assurance. He will oversee the team responsible for developing and implementing safety and environmental programs.


Tim Brennan To Leave Heidmar

Tim Brennan

2011 A Year of Growth for Pools.     After 19 years with the company, the board of Heidmar has, with regret, accepted the resignation of its CEO, Tim Brennan. Mr Brennan will remain at the company for a mutually agreeable time in order to assist in the transition to a new management structure. He leaves a robust company with 118 employees in three offices and 124 ships in five pools serving an international client base with high quality vessels from 35 different owners


Saltire Reports Global Growth, Turnover Increase

Strong global growth contributes to increase in turnover for Saltire Energy

Saltire Energy, supplier of drilling tools to the offshore oil and gas industry, has posted its year end to June 30, 2013 results with turnover up more than 50% from £21.5 million to £32.9 million. Operating profit for the year has also risen from £14.1 million to £18.5 million. Mike Loggie, Chief Executive of Saltire Energy, said, “The last 12 months has seen steady growth in our business in the U.K. and across our international operations.


Saipem Bags $750m E&C Contracts in Gulf of Mexico

Umberto Vergine, Saipem CEO,

  Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately $750 million. Pemex has awarded Saipem an EPCI contract for the development of the Lakach field


TRIYARDS Buys into Aluminium Shipbuilding Expertise

Built by Strategic Marine

  TRIYARDS Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has added new capabilities, products and clients with its latest acquisition of experienced shipbuilding and fabrication companies


Statoil: New Oil in the Grane Area

(Image: Statoil)

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.   Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 m in the Heimdal Formation


Gazprom to Counter Negative Global Market Trends

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  The Gazprom Board of Directors took note of the information on the Company's financial strategy under the conditions of negative trends in the global financial market for the Russian business entities. It was pointed out that the geopolitical events involving Ukraine as well as American


BMT WBM to Showcase TUFLOW at World Bank Seminar

WBM-TUFLOW

BMT WBM ( (BMT), a subsidiary of BMT Group Ltd, a leading international engineering and risk management consultancy, is delighted to announce that it will be presenting its TUFLOW flood and hydraulic modelling software suite at the World Bank’s Workshop ‘Flood Model Showcase’


New Shipping Agency Enters the Market

Wave Shipping co founders Lars Rosenkrands (top) and Alvin Lo

Newly formed shipping agency Wave Shipping aims to bring change to current industry practice with its differentiated value proposition Founded by Lars Rosenkrands, CEO, and Alvin Lo, CFO, Wave Shipping was created with the vision to shake up the shipping agency industry through a fresh


SENER Announces the FORAN V70R3.0

Symmetries from a transversal plane

SENER announces the new FORAN V70R3.0, available from July 31, 2014. With more than 45 years in the market, FORAN takes advantage of SENER´s innovative development effort as the key factor to give added value. The new version incorporates improvements for the users and on its own


Anglo-Eastern Celebrates 40th Anniversary

The Board of Anglo-Eastern, from left to right, John Denholm, CEO of J&J Denholm Ltd and BIMCO President; Benoit Timmermans, Managing Director of Bocimar Belgium N.V.; Mark Stevenson, CFO of Anglo-Eastern, Marcel Liedts, CO

  On September 4th, Anglo-Eastern celebrate it’s 40th Anniversary, in Hong Kong, concluding with an evening of fun, at the Hong Kong Maritime Museum. Among a host of VIPs, both local and international, Mr. & Mrs. Evert Maréchal, The Consul General of Belgium


MHI to Establish New Global Business Innovation Arm

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  Effective October 1, Mitsubishi Heavy Industries, Ltd. (MHI) will implement changes to its Technology & Innovation Headquarters and Global Business Planning & Operations Headquarters. Topping the list of changes is the establishment of a new "Global Business Innovation


New Containership Rules and Guidance from Lloyd’s Register

Decade long, and ongoing, research program has developed a clearer understanding of the forces imposed on ship structures.   Lloyd’s Register’s updated Containership Rules came into effect in July 2014 and these new rules are supported by Lloyd’s Register ShipRight


Kalmar Refurbishes Mobile Harbor Crane for CAPSA in Spain

Kalmar Refurbishes Mobile Harbor Crane

  Kalmar, part of Cargotec, has completed the refurbishment of a mobile harbour crane for Compañía del Puerto S.A. (CAPSA) in Spain. The work started in May 2014 and was completed in just five weeks, creating minimum disruption in the terminal operations.


New Performance Management Portal from DNV GL

Albrecht Grell, head of the Maritime Advisory division at DNV GL

DNV GL introduced ECO Insight, a unique performance management portal to the shipping community at the SMM trade fair in Hamburg today. Combined with the new Navigator Insight data collection and logging software, ECO Insight gives shipping companies a fast track to an effective performance


Technip Wins EPIC Contract for Juniper field offshore Trinidad

  Technip has been awarded a substantial (1) EPIC (2) lump sum contract by BP Trinidad and Tobago LLC for the development of the Juniper project, to be located off the South East coast of Trinidad. The scope of work consists of design, detailed engineering, procurement, construction


Brunswick Promotes Foulkes to Chief Technology Officer

Brunswick Corporation today announced that effective immediately, David M. Foulkes, has been promoted to the new position of chief technology officer, reporting in this additional capacity to Brunswick President and Chief Operating Officer Mark D. Schwabero


A&P Tyne Shipyard Awarded Sub Fabrication Contract

Submarine construction: Photo A&P

A&P Groups Tyne Facility informs it has recently been awarded a £3 million project from BAE Systems for the fabrication of submarine sections. A&P explains that the scope of work will involve a number of complex structures, requiring the use of build jigs to maintain the accuracy






 
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