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 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 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
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, 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
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
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.
Container ship operators APL says it is to move from the current geographically-organized structure to a functional one. The functions will be in the areas of Trade, Commercial, Operations, Procurement and Planning & Strategy. “The container shipping industry is undergoing profound changes, characterized by low growth and intense competition. We recognize there is a need for APL to respond more quickly to the market and to our customers
* Rescue sheet provides information about the structure of the crane and hazardous substances * The aim is to enable the fast rescue of passengers and the recovery of the crane after accidents * Liebherr mobiles cranes which comply with stage 3b or over feature a rescue
Italian cruise ferry operator Moby S.p.A. has chosen the RINA InfoSHIP software suite for managing maintenance and purchase processes across its entire 13-ship fleet. RINA InfoSHIP Maintenance and Purchase Module (MP), developed in cooperation with IB Software and Consulting
NOAA Fisheries and the U.S. Fish and Wildlife Service proposed today to reclassify the green sea turtle under the Endangered Species Act, and list turtles originating from two breeding populations currently considered endangered as threatened due to improvements in their populations.
SENER informs it will take active part in SINAVAL-EUROFISHING from April 21-23, a fair held every two years in Bilbao. During the exhibition, SENER will present the new enhancements in the shipbuilding CAD/CAM system FORAN, in all disciplines (forms
Greencarrier Freight Services’ business has strengthened its position in the energy and project forwarding markets by achieving management (ISO 9001) and environmental (ISO 14001) certification for its Energy & Project Business Unit.
The CMA CGM Group announced the opening of the CMA CGM Academy, its new in-house university, located in its Marseilles (France) headquarters. The first in-house university was launched years ago to make the group’s collaborators’ training a priority
Eagle Rock Aggregates, U.S. subsidiary of Polaris Materials Corporation, has completed a new aggregate import facility at the Port of Long Beach that features a docking structure which will be used for mooring mid-sized cargo ships.
Fastnet, the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management changes following the appointment of Carol Law as CEO in December 2014 and a review of the Company's cost structure in light
Cyprus President Nicos Anastasiades reiterated his Government’s strong support towards the shipping industry and determination to introduce those mechanisms necessary to further enhance it. The Ministry of Communications and Works and the Department of Merchant Shipping
Global Maritime Group has appointed Peder Sortland as its first CEO. Sortland comes from the post of CEO at Apply ASA, and knows part of the group well from holding the position as chair of Global Maritime AS since April 2014. Before joining Apply in 2012
Mitsubishi Heavy Industries, Ltd. (MHI) will reorganize its research and development structure. The reorganization initiative calls for the creation of a new Research & Development Center consolidating the five currently existing Research & Development Centers
Mitsubishi Heavy Industries, Ltd. (MHI) has received the Grand Prix at the Nikkei Annual Report Awards 2014 sponsored by Nikkei Inc. The Grand Prix is the top award to be given to the company most highly appreciated by judges. The award-winning publication is the "MHI REPORT
The Panama Canal Authority (ACP) is holding a public hearing today on a proposed toll structure change. The proposed restructuring, which the ACP Board of Directors approved on December 24, calls for each ship segment to be priced based upon different units of measurement
The 14th International Conference on Computer and IT Applications in the Maritime Industries (COMPIT) will take place from 11th to 13th May 2015 in Ulrichshusen, Germany. First held in the year 2000, COMPIT has established itself as a key conference in information technology (IT) for the
BIMCO today launched a new, multi-part guidance resource to support ship owners and operators in improving their environmental performance and the efficiency of their ships. BIMCO’s Guide to Maritime Environmental & Efficiency Management