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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.


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


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


DNV GL's CEO Madsen Appointed UN Global Compact Board Member

Dr Henrik O. Madsen, Group President & Chief Executive Officer of DNV GL

  United Nations Secretary-General Ban Ki-moon has appointed Dr Henrik O. Madsen, Group President & Chief Executive Officer of DNV GL, as a new board member to the UN Global Compact board, the world’s largest voluntary corporate sustainability initiative. As a Board member, Dr Madsen will join other leaders from business, labour and civil society, and serve as a champion of the UN Global Compact and its mission


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."


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


Keppel Corporation Appoints New Board Director

Keppel Corporation Limited (Keppel) is pleased to announce the appointment of Mr Tan Puay Chiang (陈培璋) as Independent Director on the Board with effect from June 20, 2012. Mr Tan, 65, is a veteran in the oil, gas and petrochemicals sector. During his 38-year career with Mobil Oil and later ExxonMobil, he held executive management roles in Australia, Singapore and the United States. These included the positions of Vice-President, Mobil Research & Technology Corp


‘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


GPA Hits Record Volume Growth of 11.7%

The Port of Savannah will add eight new ship-to-shore cranes by 2018, for a total of 30. (GPA photo  Stephen B. Morton)

The Georgia Ports Authority achieved record container volumes in 2015, Executive Director Curtis Foltz reported to the GPA board Monday.   Over the last calendar year, the Port of Savannah moved an all-time high 3.73 million twenty-foot equivalent container units, an increase of 391,356 TEUs


New Passenger Boarding Bridges for Port Canaveral

Port Canaveral (Image: Canaveral Port Authority)

ADELTE, a provider of Seaport Passenger Boarding Bridges (SPBBs) and Global Services to cruise and ferry terminals, has been awarded two contracts by the Canaveral Port Authority to design, manufacture and install four custom-made HYDRA models SPBBs at Cruise Terminals 5 and 10.  


GPA Executive Director to Step Down

Curtis Foltz (Photo: GPA)

Curtis Foltz steps down; Griff Lynch named new executive director of Georgia Ports Authority   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.  


Globus Maritime Reclassifies Board Member

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Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited  resigned on December 28, 2015, the Company’s Board of Directors  was comprised of two Class II directors, two Class III directors


Management Shuffle at Atlas Elektronik

Dr. Rolf Wirtz will become Chief Executive Officer of the naval electronics systems provider Atlas Elektronik GmbH, with effect from January 1, 2016. He will succeed Volker Paltzo who will leave the company on December 31, 2015 and take on a new role as Chief Executive Officer of Eurofighter


Radio Holland Awarded Remote Monitoring Agreement

Photo: Radio Holland

Radio Holland, part of the newly formed company RH Marine Group, has been awarded a Remote Monitoring Agreement from The China Navigation Company (CNCo).   Under the new agreement, Radio Holland will install VDR Remote Interface on board three more CNCo vessels (Coral Chief


Port of New Orleans Elects New Board Chairman

William T. Bergeron (Photo: Port of New Orleans)

Port of New Orleans' Board of Commissioners Elects William T. Bergeron Chairman; Michael W. Kearney Elected Vice Chair, Robert Barkerding Jr. Elected Secretary Treasurer   The Board of Commissioners of the Port of New Orleans today elected William T. Bergeron chairman. Bergeron represents St


Freeport-McMoRan Chairman James Moffett to Step Down

Freeport-McMoRan Inc co-founder James Moffett will step down as chairman and quit its board, months after the miner added two new directors under pressure from billionaire investor Carl Icahn.   Freeport said Moffett, who had been appointed chairman emeritus


Karan Adani Takes Over as Adani Ports' CEO

Karan Adani. Photo by Adani Ports and SEZ

 Adani Group has elevated chairman Gautam Adani’s son Karan Adani to the post of chief executive officer (CEO) of Adani Ports and SEZ (APSEZ) with effect from January 1, 2016. He is currently the executive director of the company and does not hold any board-level position.  


Obituary: Christer Olsson, Stolt-Nielsen Chairman of the Board

The Board of Directors of Stolt-Nielsen Limited announced the passing of Christer Olsson, Chairman of the Board.  He was 70.  Mr. Olsson had served as a Director of the Company since 1993, and as Chairman of the Board since December 15, 2009, when he succeeded Jacob Stolt-Nielsen


Raukar Reappointed to Duluth Port Authority Board

Steve Raukar (Photo: Duluth Port Authority)

At its first meeting of 2016, the St. Louis County Board reappointed its longest serving Commissioner, Steve Raukar, to the Duluth Seaway Port Authority Board for a third term. First appointed in 1998, Raukar currently serves as Port Authority president.   


UASC's 18,000 TEU Al Zubara Transits Suez Canal

Photo: UASC

United Arab Shipping Company (UASC) and Ahli United Bank, Egypt marked the passing of 18,800 TEU Vessel M.V. Al Zubara ultra-large container vessel through the new Suez Canal this week. The event is one of the first in a series of activities being organized by UASC to celebrate 40 years in


Hong Kong Establishes New Maritime Body

Image: The Hong Kong Shippers Council

 Hong Kong is to establish a new government body - Hong Kong Port and Maritime Board - this year that oversees the local maritime sector, in a bid to enhance the city’s shipping sector.   Hong Kong's chief executive Leung Chun-ying in his annual policy address for this year


SC Ports Box Volumes Rise 10% in 2015

The Baltic Mecur II arrived at the Columbus Street Terminal on January 8, 2016 as the first vessel call by Atlantic Ro-Ro Carriers, a new regular shipping service. (Photo: SCPA)

South Carolina Ports Authority posts container volumes growth in 2015; Charleston welcomes new multipurpose carrier service   South Carolina Ports Authority (SCPA) posted 10 percent container growth in 2015, a year highlighted by strong volumes and significant progress on the harbor


Richards Elected Chairman of Palm Beach Port

Wayne M. Richards Credit Port of Palm Beach

On Thursday, January 20, 2016, the Port of Palm Beach Board of Commissioners elected its new Chairman, Mr. Wayne M. Richards. Richards, a member of the board for 16 years, is known for keeping a strong focus on fiscal responsibility and bringing new, diversified business to the Port of Palm Beach






 
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