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New Board

New Board at Kvaerner Masa-Yards

A new board of directors has been elected at Kvaerner Masa-Yards, Inc. Hans Petter Finne, executive vice president of Kvaerner ASA, has been appointed as the chairman of the board. The members of the board include: Jorma Eloranta, president and CEO of Kvaerner Masa-Yards; Finn Berg-Jacobsen, CFO of Kvaerner ASA; and Richard Petrie, executive vice president of Kvaerner Investments. Aarne Ukkola and Jorma Malinen continue as representatives of the personnel.


Nordic Tankers - Extraordinary General Mtg

According to a report from BYM News, Nordic Tankers A/S have received a demand for summon of an extraordinary general meeting from the shareholders Mogens Bushard and Hasse Larsen who jointly represent more than 10% of the share capital. The purpose of the extraordinary general meeting is to elect a new Board of Directors. (Source: BYMNews.com)


CP Ships Completes Acquisition

CP Ships Limited completed its acquisition of all issued and outstanding shares in Italia di Navigazione from d'Amico Societa di Navigazione S.p.A. for $40 million in cash. The acquisition was announced on May 30, 2002. As previously announced, the purchase is being paid for with proceeds from CP Ships' offering in July 2002 of 9.6 million common shares and private placement of $200 million of senior unsecured notes.


Carnival Sets Up Safety & Reliability Review Board

Carnival Triumph: Photo courtesy of Scott Lucht CCL

Carnival Cruise Lines has appointed four esteemed maritime and transportation industry experts – Rear Admiral Mark H. Buzby, Rear Admiral Joseph F. Campbell, Ray Valeika and Dr. John K. Lauber -- to the company's new Safety & Reliability Review Board.  As part of Carnival's comprehensive fleetwide technical enhancement program, the review board was created to provide independent third-party perspective and to drive continuous improvement across the line's fleet


Jee Announces Expansion for UK Growth

Trevor Jee

Jee Ltd, an indepenedent multi-discipline engineering and training firm, has announced further plans for expansion to accommodate the company’s growth strategy and the creation of 150 new jobs in the UK. The company which provides a complete range of subsea engineering expertise also announced the appointment of new board members Andrea Haywood, Finance Director, and Jenny Matthew, Director, who will help drive steady growth plans


U.S. Shipping Partners Exits Chapter 11

U.S. Shipping Corp, formerly known as U.S. Shipping Partners L.P., announced it has emerged from Chapter 11 bankruptcy protection pursuant to the Third Plan of Reorganization approved by the U.S. Bankruptcy Court for the Southern District of New York on October 1, 2009. "We are very pleased to be out of Chapter 11," said Joseph Gehegan, President and Chief Executive Officer. "We accomplished the goals we set out at the beginning of this process: maintain business as usual


Canadian Security Regs Tightened

Proposed amendments to the Marine Transportation Security Regulations that strengthen security requirements for vessels, marine facilities and ports were announced by Transport Minister Tony Valeri. "A secure, strong marine industry is vital to Canada's dynamic economy," said Mr. Valeri. "These regulations will surpass the International Maritime Organization requirements and help ensure that Canada's marine transportation system remains one of the most secure in the world."


‘Second youth’ for Clipper Stad Amsterdam

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The three-masted, steel-hulled Clipper ‘Stad Amsterdam’ undergoes a complete overhaul at Damen Shiprepair Vlissingen, the Netherlands.   The revision of the 13-year-old vessel will give her a ‘second youth’. The work will be finished before the end of May 2013. At the moment the Clipper is already at the yard and all interiors have been removed, including the boarding of the accommodation


ESS Appoints Four New Board Members

Electronic Shipping Solutions, a provider of electronic shipping documents, announces four senior appointments to its main Board. These new members bring experience from the shipping, ports, legal and finance sectors to ESS and underpin its expansion into the container shipping market, following the successful roll-out of the ESS CargoDocs solution for electronic bills of lading in the bulk liquid markets. Well-known names from the ports and liner shipping sector


New Board Appointment by Huntington Ingalls

Victoria D. Harker: Photo credit HII

Victoria D. Harker joins Huntington Ingalls Industries board of directors. She is currently the chief financial officer for Gannett, an international media and marketing solutions company, having recently joined the company on July 23. She previously served as CFO and president of global business services of the AES Corp., a multinational power company. "We are very pleased to welcome Victoria to the board of HII," said Thomas B. Fargo, chairman of the board


Keppel's Independent Director Leong-Chee to retire

Independent Director Mr Tony Chew Leong-Chee

  Keppel Corporation Limited (Keppel Corporation) announced that Mr Tony Chew Leong-Chee, Non-Executive and Independent Director, will be retiring from the Board of Directors of Keppel Corporation on 1 May 2015. Mr Chew will concurrently cease to be Chairman of the Nominating Committee and


700+ Migrants Killed in Shipwreck 'the Worst Mediterranean Massacre'

Italian maritime forces carry out rescue operations of migrants in distress on the Mediterranean. File Photo: International Organization for Migration ( IOM )

 More than 700 migrants are feared to have drowned 'like rats in cages' on a smuggler boat because they were locked in the hold when it capsized off the Libyan  and sank in the Mediterranean sea.   The African migrants, who are thought to have included women and children


Hempel CEO Jullien Plans Retirement

Pierre-Yves Jullien (Photo: Hempel)

Pierre-Yves Jullien, CEO of Hempel A/S since 2005, has decided to retire after nearly 40 years in the Group. He will step down from his role as CEO on March 31, 2016 at the latest.   Hempel’s board of directors has initiated a search for a new CEO of the group.   


Taylor to Chair NOIA Board

CindyTaylor

  The National Ocean Industries Association (NOIA) Board of Directors has elected Cindy B. Taylor as Chair and Kevin McEvoy as Vice Chairman for the upcoming 2015-2016 term. Taylor and McEvoy assumed their positions at the NOIA Annual Meeting today in Washington, DC.  


Nordic Yards Names Aly Managing Director

Dr.-Ing. Herbert Aly (Photo: Nordic Yards)

Dr.-Ing. Herbert Aly has been appointed as the new Chairman of the Board of Management of the Nordic Yards Group. He succeeds Dr. Vitaly Yusufov, who will preserve his links with the company as a member.   The appointment of Dr.-Ing. Aly strengthens the top management of the Nordic Yards


Carnival Expands Fleet with Larger, Newer Ships

Carnival Victory and Carnival Magic to provide new options from Central Florida   Starting in February 2016, Carnival Cruise Line passengers sailing from Port Canaveral will have the larger Carnival Victory as their vessel for shorter vacations and in December 2016


New Fuel Management System Launched

Photo: Royston

Diesel power engineering specialist Royston has introduced a next generation version of its Enginei fuel management system.   According to the developer, the new integrated system, with a range of enhanced fuel data analysis and reporting options


New Cruise Ship Terminal Plan for Cockenzie

The proposed cruise ship terminal in artists imagination by Paul Welsh Architects

 To take advantage of the global increase in on-board touring holidays, the Firth of Forth is planning a new cruise ship terminal.   Developers hope to secure permission for the first purpose-built terminal on the Scottish mainland at site of the decommissioned Cockenzie power station


Panama Canal Advisory Board Meets in Japan

Members of the Panama Canal Authority (ACP) Board of Directors and Administration returned to Panama after having traveled to Asia for the 24th joint meeting of its Advisory Board.   The delegation met in Japan with the group of distinguished advisers to discuss Canal operations and


Employee Representatives Elected to NORDEN Board of Directors

NORDEN headquarters (Photo: NORDEN)

The employees in Dampskibsselskabet NORDEN A/S have elected the following employee representatives and alternates to the Company’s Board of Directors for a three-year period:   Employee representatives: Lars Enkegaard Biilmann, Captain (reelected)


Reed Nominated to Caterpillar Board

Debra L. Reed, Chairman and CEO of Sempra Energy, is nominated to join the Caterpillar Inc. Board of Directors

  Caterpillar Inc. announced today that the Caterpillar Board of Directors has nominated Debra L. Reed to join the Board, with the election to occur at the June 2015 annual stockholders meeting. Reed, 58, is the Chairman and CEO of Sempra Energy, a San Diego


Shell Seeks Removal of Activists from Oil Rig

Royal Dutch Shell Plc said it has filed a complaint in federal court in Alaska seeking an order to remove Greenpeace activists who climbed aboard an oil rig in the Pacific Ocean bound for the Arctic on Monday in a protest against Arctic drilling.


Jenkins Elected Chairman of CG Foundation Board

William C Jenkins

  The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced today that William E. Jenkins has assumed the role of chairman of the board after being elected at a meeting of the directors and trustees on


Greenpeace Boards Arctic Offshore Rig

Image: Royal Dutch Shell plc

 Six Greenpeace activists boarded a Shell oil drilling ship in the middle of the Pacific Ocean and vowed to stay there to protest the company's plans to drill above the Arctic Circle, the environmental organization said.   They boarded as the drill rig was transported across the


Ampelmann Names New CEO

Photo: Ampelmann

Developer of motion compensation solutions Ampelmann announced that its supervisory board has appointed Jim Craig as the company’s new chief executive officer, effective immediately.   Craig brings more than 25 years of energy industry experience to the role






 
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