Corbett & Holt, LLC and Gallagher Marine Systems, Inc. announced that they have reached agreement on a merger that will combine the two companies. This move is designed to join two of the premier providers of Qualified Individual and spill management team services and compliance support for the U.S. Oil Pollution Act of 1990 (OPA 90) and other U.S. state and national oil and hazardous substance pollution laws and regulations. The companies will continue to operate as Gallagher Marine Systems and Corbett & Holt under a joint management team. The joint management team will be made up of Biff Holt as managing director, Jack Gallagher as Director of response operations, and Charles Corbett as director of technical services.
The MacGREGOR Group recently unveiled details of its new offshore division, a division made possible by the recent acquisitions of Hydramarine in Norway and Plimsoll in Singapore. The Offshore division will comprise more than 660 employees: 160 in Norway and 500 in Asia. In 2006, Hydramarine and Plimsoll had a combined turnover of approximately €104 million and a order backlog of €175 million. Both Hydramarine and Plimsoll are financially consolidated into the MacGREGOR Group as of April
MODEC Inc., announced that its wholly owned subsidiary, MODEC (USA) Inc. in partnership with the current management team of Friede & Goldman, Ltd. (FGL) has signed a contract with Friede Goldman Halter, Inc. to acquire the assets of Friede & Goldman Ltd. The acquisition is subject to approval by the United States Bankruptcy Court. Commenting on the agreement,. Paul Geiger Jr., President of Friede & Goldman, Ltd. said
Yara International ASA has appointed Terje Knutsen as Head of Downstream. He succeeds Egil Hogna, who has submitted his resignation. Knutsen will assume his new position on 1 May 2015. Yara's Downstream business unit manages the company's global sales, marketing and distribution of fertilizers. Terje Knutsen currently heads Yara's business unit for Downstream activities in North & East Europe. Prior to this, he was Head of Business Unit Asia
The Alaska Pacific Response Group L.L.C. (APRG) has added Dick Jackson and Tom Jones to its ICS training and oil spill response team staff. Jackson, formerly with Mobil Oil, will be the primary representative for Oregon and California. Jones, formerly with Alaska Clean Seas will be the primary representative in Fairbanks, Alaska and serve APRG's clients in Alaska's interior and North Slope. APRG provides OPA 90 Qualified Individual Services
Tyco Telecommunications, a business unit of Tyco Electronics, announced it is now operating under a new corporate name: Tyco Electronics Subsea Communications (TE SubCom). In 2010, TE SubCom will complete cable installations and upgrade projects in Asia, the Middle East and the North Atlantic. The company’s management team remains unchanged and TE SubCom maintains the existing company headquarters, research and development laboratories, manufacturing facilities
The T&T Bisso Response Network announced the addition of DeeAnn McMillen to its Oil Pollution Act of 1990 (OPA 90) management team. McMillen has 19 years of experience assisting clients with regulatory compliance. She has spent the previous nine years focusing on vessel emergency response services, OPA 90 and state regulatory compliance. (www.ttbisso.com)
Blackmer, a provider of pump and compressor technologies, has promoted Tom Madden to the position of Managing Director.Madden joined Blackmer more than 30 years ago as a member of its manufacturing management team. By 1997, he had progressed to the position of Chief Financial Officer. Madden acquired his MBA degree from The University of Chicago’s Graduate School of Business.
Superior Offshore International, Inc. a leading provider of subsea construction and commercial diving services on the outer continental shelf of the Gulf of Mexico, has named Patrice Chemin as its Chief Operating Officer, or COO, effective immediately. With over 35 years of oilfield-related and international marine construction experience, Chemin is a tremendous addition to Superior Offshore International’s executive management team.
Barwil, the Wilh.Wilhelmsen Group's global provider of Port & Marine Services has acquired a 40 percent stake in Denholm Shipping Services Ltd. (DSS), owned by the UK-based Denholm Group. The company will be rebranded as Denholm Barwil Limited and managed by the existing DSS management team led by Niall Denholm.
American Electric Power (AEP) has signed an agreement to sell its commercial barge transportation subsidiary, AEP River Operations LLC, to American Commercial Lines (ACL), owned by Platinum Equity, for approximately $550 million. AEP River Operations is a commercial inland barge company
SCHOTTEL, a manufacturer of propulsion and steering systems for ships and offshore applications, announced the appointment of Svante Fielding and Randall Freeman at its North American organization, SCHOTTEL Inc., in Houma, La. Fielding, the new Vice President Operations
Seaspan, an association of Canadian companies primarily involved in coastal and deepsea transportation, bunkering, ship repair and shipbuilding services, named three senior leaders to its corporate executive team, the company announced today.
There has been a great deal of merger activity in the shipping industry over the past few years, especially amongst owners, but, Anglo-Eastern Group and Univan Group have reached an agreement, with the culmination of the largest ever merger of independent
MISC Berhad informed that its wholly-owned subsidiary MTTI Sdn. Bhd.have entered into an agreement with VIP Terminals Finance B.V. to dispose 50 percent of the issued share capital of VTTI B.V. for a cash consideration of $830 million, subject to completion of the conditions precedent
MISC Berhad and its wholly-owned subsidiary MTTI Sdn. Bhd. have today entered into an agreement with VIP Terminals Finance B.V. to dispose 50 percent of the issued share capital of VTTI B.V., for a cash consideration of $830 million, subject to completion of the conditions precedent
Hamad Port welcomed its second commercial carrying the second shipment of cranes which includes four Ship to Shore (STS) Cranes and six Rubber Tyred Gantry (RTG) Cranes, says a report in the Gulf Times. This, along with other key developments
Anglo-Eastern Group and Univan Group have reached an agreement which culminates as the largest ever merger of independent, third-party ship management companies, now known as the Anglo-Eastern Univan Group. Already in the top three global ship management companies
Danish dry cargo and tanker shipping company Dampskibsselskabet Norden A/S informs it has combined a number of management functions in order to reduce its executive management team from five to three members. “With the changes we are consolidating a number of functions creating a
Dun & Bradstreet nnounced today the appointment of Cindy Christy, president and chief operating officer of Asurion Corporation, to the company's Board of Directors, effective immediately. In this role, Christy will share her broad experience and functional expertise with management
In line with LOC’s continual global growth and strengthening of the senior management team, Britain has been appointed as Managing Director of the London operation. Jonathan Britain joins LOC as Managing Director, LOC London having previously headed-up Bureau Veritas’s
The London P&I Club’s 2015 Annual Report highlights an unusual run of expensive claims in the 2014/15 policy year, with progress in other areas meaning that the free reserves stand at $157.4 million. Ian Gooch, chief executive of the club’s management team, said
Draft Document Outlines Near-Term Plan for Expanded Testing and Development of Zero Emission Vehicles; Public Workshop to be Held July 29 The Port of Los Angeles has issued a draft white paper on zero emission technology that details the port’s testing of zero emissions technology
Global alternative asset manager The Carlyle Group today announced the acquisition of Lauderdale Marine Center (LMC), the nation's largest yacht repair facility in terms of the number of large vessels it can haul and service. Equity for the transaction comes from Carlyle Realty Partners VII
Shipbuilder Fincantieri has received an order to build a new luxury cruise ship for client Silversea Cruises due for delivery in April 2017. At 40,700 grt and accommodating 596 guests, the newbuild vessel Silver Muse will expand Silversea's fleet to nine ships.