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04 Aug 2023

From Telford Offshore to KNOT Offshore: Derek Lowe Named New CEO and CFO

Shuttle tanker owner KNOT Offshore Partners will appoint Derek Lowe as new Chief Executive Officer and Chief Financial Officer with effect from the week of September 11, 2023.The new appointment comes following the decision of Gary Chapman to step down as the Partnership’s CEO/CFO announced on April 10, 2023. Lowe will join the KNOT Offshore Partners from Telford Offshore, a provider of accommodation, construction, and pipelaying in the global offshore energy services industry. He has served as the Group Company Secretary of Telford Offshore since its formation in 2018, having provided consultancy services to its predecessor since 2015. He worked from 2011 to 2015 for the debt capital markets group of Pareto Securities, and from 1994 to 2010 for the equity capital markets group of UBS. Mr.

17 Mar 2022

Converted OSRV Added to Sandy Hook Pilots Fleet

Photo courtesy Sandy Hook Pilots

Sandy Hook Pilots Association welcomed its new Pilot Station Boat New York, a converted Oil Spill Response Vessel (OSRV), which, at 208 feet long, is the largest in the Sandy Hook Pilots fleet.While welcoming the its new addition, Sandy Hook Pilots retired its predecessor, also named New York, which has been a familiar sight in the Port of New York and New Jersey harbor for nearly 50 years.On February 3, the new P/B New York sailed to its new home, the Sandy Hook Pilot base in Staten Island…

10 Jul 2019

Brittany Ferries Names Two New Ships

French shipping company  Brittany Ferries has named new ships as Kerry and Santoña and promised significant CO2 savings from fleet renewal plans.Kerry will be the name for the one-year charter vessel arriving in November 2019. As previously announced, this ship will cover the Cork to Santander route from November 2019 to November 2020.Santoña (pronounced Santonia in English) has been chosen for the company’s third E-Flexer class ship. To be chartered from Stena, Santoña is part of the company’s €550 million fleet renewal program, with a clear focus on sustainable development.Santoña will arrive in 2023 and like sister ship Salamanca, she will be powered by environmentally-friendly Liquefied Natural Gas (LNG).Santoña will be the third LNG powered vessel to join the Brittany Ferries fleet.

12 Nov 2018

GC Rieber Shipping Taps Ytredal as CEO

(Photo: GC Rieber Shipping)

Norwegian offshore shipping company GC Rieber Shipping announced acting chief executive officer Einar Ytredal has appointed to the CEO role on a permanent basis. At the same time, Øystein Kvåle was named new chief financial officer (CFO) and Christoffer Knudsen was promoted to chief commercial officer (CCO).Ytredal was appointed acting CEO in mid-September 2018. He has been with the company since 2007, first as vice president finance and then as CFO since September 2011. Before joining GC Rieber Shipping, Ytredal worked at Deloitte.

20 May 2016

China VLCC Sells Two VLCCs

China Energy Transport Co., Ltd. (China VLCC) has sold two secondhand VLCCs to an unrelated third party for a total price of $117.5mln. China VLCC is 51 percent owned by China Merchants Energy Shipping (CMES) and 49 percent owned by Sinotrans & CSC Group. It has signed agreements with two Marshall Island-registered companies, Coral Shipowning and Medal Shipowing, under which China VLCC will sell a 297,600 dwt VLCC of six to seven years old  to each of the two companies. The entry into force of the agreement remains subject to the Board of Directors of the company and the counterparty approved by the Board. Meanwhile, China VLCC has on Thursday taken delivery of a new VLCC named New Constant in Dalian, China.

03 Feb 2016

GPA Executive Director to Step Down

Curtis Foltz (Photo: GPA)

Georgia Ports Authority (GPA) executive director Curtis J. Foltz will step down at the end of the fiscal year, June 30, the port authority’s board of directors announced today. The board unanimously accepted the nominating committee's recommendation to appoint the current chief operating officer, Griff Lynch, to succeed Foltz, who will provide consulting services to the GPA for one year after his departure. “Curtis Foltz has led the GPA to achieve great things over the past six years as executive director…

25 Aug 2015

Where Arbitration Began: Maritime Arbitration in New York

In March 1656, Andrew Kilvert brought suit against Jan Geraerdy in the Court of Burgemeesters of the colony of New Netherland, demanding the release of his vessel, which had been arrested to obtain payment for the sale price of Kilvert’s ship. The practice of arbitration of maritime matters in New York, therefore, has its beginnings in Dutch law. Dutch rule in New Netherland (New Amsterdam) lasted less than 50 years. With the English takeover in 1664, most of the Dutch settlers elected to stay in what its new rulers named New York. In 1766, a statute concerning arbitration was enacted in the colony, and shortly after the founding of the New York Chamber of Commerce in 1768, the arbitral system became further embedded in New York.

08 Jun 2014

CIMC Raffles Delivers Jack-up Rig to Sinopec

A Jack-up Drilling Rig which was constructed by CIMC Raffles with Sinopec Independent design named “New Sheng Li 1#” was delivered to Sinopec Sheng Li Petroleum Engineering Co., Ltd. at CIMC Raffles on 6th June 2014. This was the 7th Jack-up drilling rigs that CIMC Raffles has delivered. It will be towed to Bohai Bay providing drilling service to Sinopec Sheng Li Oilfield soon. CCS and CIMC Raffles top  leaders attended the delivery ceremony. “New Sheng Li 1#” was the first new-build offshore drilling rig since Sinopec Oilfield Service Corporation was founded in 2012. The basic design and detail design was done by Sheng Li Drilling Technology Research Institute, the shop design and construction design was completed by CIMC Raffles. Equipment localization rate reaches above 90%.

22 Apr 2013

NZ America's Cup Entrant Hitches Maersk Ride

NZ Raceboat Aboard: Photo credit Maersk Line

Emirates Team New Zealand’s ‘AC72’ catamaran is on its way to San Francisco to compete in the America’s Cup regatta, courtesy of sponsor Maersk Line. The Port of Auckland witnessed a spectacular sight recently as the massive 72-foot multihull yacht, named ‘New Zealand’, was hoisted out of the water and placed safely onto the deck of the Maersk Jubail. It’s break bulk cargo to Maersk Line, but to Emirates Team New Zealand (ETNZ), twice winner of the Americas Cup, it’s the start of their journey to win back the coveted trophy.

08 May 2012

Drew Names Medved Regional Sales Manager

Maritime Sales Veteran Steve Medved Named New Regional Sales Manager at Drew Marine. Drew Marine welcomed Steve Medved as Regional Sales Manager, North America on May 1, 2012. Mr. Medved will be responsible for executing Drew Marine’s technical solution strategies in North America. Mr. Medved has 30 years of technical experience and market knowledge in the maritime industry. Most recently, he served as Nalfleet’s Head of Sales in the Americas. In his new position, Steve will report to Michael Cassaras, Senior Vice President of Sales and will provide a key service and support resource for Drew Marine’s clients. Mr. Cassaras, stated “This…

26 Mar 2012

Renewed Effort to Save SS United States

As momentum builds for the effort to save and repurpose the greatest American ocean liner ever built, the SS United States Redevelopment Project (SSUSRP) announced that it has named New Canaan Advisors LLC (NCA) as real estate advisors to a growing team leading this exciting redevelopment program. New Canaan Advisors will assist the SSUSRP on a number of aspects related to transforming the historic ship into a stationary, multi-purpose waterfront destination. The SS United States, which will celebrate the 60th anniversary of its maiden voyage this year, remains the largest passenger vessel ever constructed in the United States. At nearly 1,000 feet long, she remains the fastest ocean liner to cross the North Atlantic and one of the last surviving of the great 20th Century liners.

23 Apr 2010

Seroka Named New APL President, Americas

APL, a container shipping line, named Gene Seroka its new President in the Americas. Seroka, a 21-year-veteran of the company, replaces John Bowe who is leaving in June. Until recently the Regional Vice President for the Middle East, Seroka will relocate to the company’s regional headquarters in Phoenix, Arizona. He’ll be responsible for all of the shipping, intermodal transportation and terminal activities of APL, the world’s fourth-largest carrier. APL is the principal business of container transportation and logistics company NOL Group. Seroka, who joined the company in 1988, has a management background in both container shipping and logistics. He has worked in five countries for NOL.

21 Jan 2010

Ishee Named New MMS Deputy Director

The Department of the Interior’s Minerals Management Service (MMS) announced the appointment of Mary Katherine Ishee as deputy director. In this capacity, Ishee will assist MMS Director Liz Birnbaum in the administration of programs that ensure the effective management of energy resources located on the nation’s Outer Continental Shelf — including the development of offshore renewable energy — and the environmentally safe exploration, development, and production of oil and natural gas. “Mary Katherine brings more than two decades of experience in energy and environmental policy to MMS,” said Birnbaum. Ishee comes to MMS from a position as an energy and environmental consultant in private practice.

18 Dec 2009

Parrott Named New TOTE President

Photo courtesy Totem Ocean Trailer Express, Inc.

Totem Ocean Trailer Express, Inc. (TOTE) announced the promotion of John D. Parrott to company president. Parrott replaces TOTE’s former president, Bill Deaver, who had been with the company since March 2002. John initially worked for TOTE beginning in1992 as First Officer of the S.S. Northern Lights. He was present throughout the shipyard conversion of that vessel, including the addition of a ninety-foot mid-body section, until it was brought into service in 1993. He then served as the General Manager for Sea Star Stevedoring…

18 Aug 2000

Lesar Named New CEO of Halliburton

Halliburton Company's board of directors, elected David J. Lesar, 47, to the board of directors and named him the company's chairman of the board, president and chief executive officer. Lesar replaces Dick Cheney, who resigned to be George W. Bush's Republican Party vice presidential running mate. Lesar, currently the company's president and chief operating officer, joined Halliburton in 1993 as executive vice president and chief financial officer of the Halliburton Energy Services business unit. Subsequently, he served the company in a variety of senior management positions including executive vice president and chief financial officer of Halliburton Company and president and chief executive officer of Brown & Root, Inc.

15 May 2002

Pardini Named New LASCO President

Lasco Shipping Co. (LASCO), announced that the Board of Directors has appointed Anton U. Pardini as President and Chief Operating Officer. In making the announcement, Novack stated the Board’s strong support for Pardini was based in part on Pardini’s clear vision for the company’s future direction, his skill in forging strong strategic business alliances with global partners, and commitment to enhancing the company’s core value through vessel and asset acquisitions, partnerships, pooling arrangements and continuing development of LASCO’s reputation as a provider of efficient, reliable vessel services for customers world-wide. Industry…

13 Aug 2004

New EC Commissioner for Transport Named

New EC President-designate Jose Manuel Barroso has selected Jacques Barrot of France to serve as Vice President, Commissioner for Transport. The current portfolio for Energy and Transport is being divided into two separate portfolios. The Barroso Commission will take office on 1 November. (HK Law)

09 Aug 2004

New Sub Dubbed New Hampshire

During a visit to Portsmouth Naval Shipyard, Secretary of the Navy Gordon England announced his decision to name the next Virginia-class submarine in honor of the State of New Hampshire. The new, nuclear-powered, attack submarine, designated SSN 778, will be built by General Dynamics Electric Boat (Conn.) and Northrop Grumman Newport News (Va.). The Virginia-class submarines are the most advanced in the world and are the first U.S. submarines to be designed for battlespace dominance across a broad spectrum of regional and littoral missions, as well as open-ocean, "blue water," missions. Capable of launching Tomahawk missiles and deploying with special operations forces such as the Navy SEALs (Sea…

08 Mar 2004

Lund Named New Statoil CEO

At its meeting on March 7, 2004, Statoil's board of directors appointed Helge Lund (42) as new chief executive for the Statoil group. Mr Lund is currently chief executive of Aker Kværner ASA. "Helge Lund was the first choice of the board and we are very pleased that he has agreed to lead Statoil in the years ahead," said Statoil chair Jannik Lindbæk. Lund graduated as a business economist at the Norwegian School of Economics and Business Administrationin Bergen. He also has a master of business administration (MBA) from the Insead business school in France. Before he became chief executive of Aker Kværner, Lund had a number of positions in the Aker RGI system, and before that he had a central role in the top management of Hafslund Nycomed.

28 Feb 2008

Navy Christens Amphibious Transport Dock Ship New York

The Navy will christen the newest San Antonio class amphibious transport dock ship New York (LPD 21) at 10 a.m. CST on Saturday, March 1, 2008, during a ceremony at Northrop Grumman Shipbuilding facilities in New Orleans, La. The ship is named New York in honor of the state, the city and the victims of Sept. 11, 2001. A unique characteristic of the ship is the use of 7.5 tons of steel salvaged from the World Trade Center wreckage that was incorporated into the construction process. The steel was melted and formed to make the bow stem of the ship. Use of this steel symbolizes the spirit and resiliency of the people of New York. Four previous ships have been named New York.

04 Mar 2008

New York Christening Powered by Memories, Resolve

Mrs. Dotty England, wife of Deputy Secretary of Defense The Hon. Gordon England, christens the amphibious transport dock Pre-Commissioning Unit New York (LPD 21) at Northrop Grumman Shipbuilding New Orleans. The bow of the New York is built with metal recovered from the World Trade Center site. U. S. Navy photo by Mass Communication Specialist 1st Class Tiffini M. The Navy's newest amphibious tranport dock was christened "New York" March 1, at the Northrop Grumman Shipbuilding New Orleans Shipyard at Avondale, La.

06 Mar 2008

Grieg Named New President of the NSA

The Annual General Meeting of the Norwegian Shipowners' Association (NSA) has elected Elisabeth Grieg, the Chief Executive of Grieg International AS, as the Association's new President. Grieg (48) was proposed unanimously by the election committee and succeeds Trygve Seglem of Knutsen OAS Shipping, who has been President for the last two years. Elisabeth Grieg is the first female president of the NSA. Thor Jørgen Guttormsen of Leif Høegh & Co in Oslo and Stig Remøy of Olympic Shipping AS in Fosnavåg were elected as new vice-presidents, having been NSA Board members for six and four years, respectively.

02 Jul 2008

Landtman Named New Yard Manager

Aker Yards has a clear ambition to strengthen the operational focus in the business area Cruise & Ferries in Aker Yards, and has decided to strengthen the management team. The new manager for the yards in Finland, Martin Landtman, will together with the manager for the yards in France and the manager for sales and marketing report directly to the CEO. "We want to make sure that we are a profitable and leading shipbuilder also in the long term. With the new management model for Cruise & Ferries, we are combining the skills of three of the international shipbuilding industry's best top managers. As part of this, we are of course very pleased that Martin Landtman has joined our executive management team", says Svein Sivertsen, chairman of Aker Yards' board of directors.