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. Julia Zelenock has been named director of marketing. She will be responsible for managing and implementing a strategic marketing plan that builds, promotes and communicates Volvo Penta’s brand, products and services in the marine and industrial market sectors. Zelenock comes to Volvo Penta from Volvo’s Construction Equipment group, where she was director of marketing and communications strategy. She also served in management positions at Ingersoll Rand and marketing roles at Bobcat Company. Marcelo Puscar has been appointed director of marine sales for Latin America with responsibility for sales of marine gas and diesel engines. He will develop sales, implement and manage the strategic direction for the leisure and commercial marine sectors. Puscar brings more than 15 years of experience in marine and automotive industries in sales, purchasing and management positions. He was formerly commercial director for a large boat group in Brazil and commercial manager for the Fibrafort Shipyard.
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
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
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
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 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.
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.
New Offshore, Inc. has completed the fabrication of a deck extension for Kerr McGee’s Nansen spar, a deepwater (3,678 feet) floating production facility in East Breaks block 602 in the Gulf of Mexico. The deck extension will support compression equipment. Fabrication of the 40-ton, 24-foot by 68-foot structure was carried out at New Offshore’s waterfront fabrication facility in Morgan City and included the fabrication of five plate girders
Shipping Bond Fund Ltd. Only Draws Bonds from Shipping Industry A member of the Centre Group and TuftonOceanic have completed what is believed to be the first collateralized debt obligation (CDO) comprised entirely of high-yield shipping bonds. The $50 million CDO, Shipping Bond Fund Ltd., is unique due to its size and the fact that it selected assets solely from a select group of shipping industry bonds with high asset coverage ratios.
AECOM Technology Corporation (ACM:aecom technology corp delawa com ACM 18.35, +0.75, +4.3%), provider of professional technical and management support services for government and commercial clients around the world, announced that its environment business line has been awarded a $12.5m, multi-year, nationwide contract renewal by the United States Coast Guard for environmental and engineering services at USCG onshore and offshore navigation facilities.
Maritime New Zealand (MNZ) welcomes the release of the independent review of its response to the grounding of the Rena, and the announcement of $2 million of government funding to help improve New Zealand’s maritime response capability.
Following another strong year for the company, President and CEO, Doyle Taylor, has promoted his Vice President of Sales, Allen Walker, to Vice President and General Manager of the Monico Monitoring, Inc. Taylor brought Walker on board in September of 2012 as Vice President of Sales to oversee
New Zealand Government Transport Minister Gerry Brownlee has announced a $2 million package to help Maritime New Zealand (MNZ) improve New Zealand’s wider maritime response capability following an independent review of its response to the grounding of the container ship 'Rena' off the coast
Marine and fire safety equipment leader VIKING Life-Saving Equipment (VIKING) and MOL Techno-Trade Ltd. (MOLTECH) have entered a strategic alliance and sole agency agreement, establishing MOLTECH as the exclusive agent for VIKING in Japan.
Independent subsea engineering & training company Jee Ltd announce the expansion of its Aberdeen office as part of their vision for strategic growth, with the potential of increasing staff numbers by 110% in Aberdeen city and Shire. Jee explain that the new ‘Subsea Corridor’
Excel Maritime Carriers Ltd. say they have reached an agreement on the terms of a modified plan of reorganization with its senior secured lenders and the Official Committee of Unsecured Creditors, which was filed with United States Bankruptcy Court for the Southern District of New York.
Middle East shipyard Nakilat-Keppel Offshore & Marine (N-KOM) has won the Ship Repair/Shipyard award for the second consecutive year at the Seatrade Middle East & Indian Subcontinent Awards 2013. Abu Bakar Mohd Nor, CEO of N-KOM said
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
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 services group Clarksons has released its Interim Management Statement published in accordance with the UK Listing Authority's Disclosure and Transparency Rules, for the period from 1, July 2013 to 6, November 2013. Excerpts as follows: Trading
Incat Crowther launched Maehaad, a 453 passenger 32m Catamaran Ferry constructed by Dolphin Chumphon Marine in Thailand. Maehaad is the sixth vessel designed by Incat Crowther for Lomprayah High Speed Ferries, and follows on from the 29m catamaran ferries Thongslah and Koh Prab
Following feverish media speculation over the past fortnight about the company's plans, Google has issued a statement saying it intends to use the structures as learning spaces for people to find out about new tech., reports the BBC. One popular theory had been that the vessels would be used as
Incat Crowther announce the launch of 'Maehaad', a 453 passenger 32m Catamaran Ferry constructed by Dolphin Chumphon Marine in Thailand for operators Lomprayah. Maehaad is the sixth vessel designed by Incat Crowther for Lomprayah High Speed Ferries
Baltic Trading Limited has has agreed to acquire two 179,185 dwt Capesize vessels for an aggregate purchase price of $103.0 million. The two vessels, built in 2012 and 2011 by Hyundai Heavy Industries, are expected to be delivered to Baltic Trading by the end of the fourth quarter of 2013.
NOL Group reported net profits of $20 million for the third quarter of 2013, and year-to-date net profits of $61 million. The Group posted year-to-date Core EBIT improvement of 33% or $42 million, from a $127 million deficit in the same period last year.