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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.


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


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


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."


UK P&I Club Elects New Board

New Directors, UK P&I Board

Seven directors were elected to the Board of the UK P&I Club at its AGM in Athens on the 27th October.     Biographical details:     brahim Güngen: Chief Executive Officer of Güngen Maritime & Trading A/Ş, Ankara, Turkey   After obtaining a postgraduate degree in industrial engineering, Ibrahim Güngen founded Güngen Foreign Trade Co Ltd with his brother Mehmet in 1976 and the business quickly became the biggest importer of molasses


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


‘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


NTSB Board to Discuss Wall St. Ferry Accident

The National Transportation Safety Board will meet to discuss a 2013 accident involving the Seastreak Wall Street commuter ferry in lower Manhattan. On January 9, 2013, the high-speed passenger ferry, Seastreak Wall Street, on a routine trip from New Jersey to Pier 11/Wall Street


DNV GL Introduces Energy Efficiency Methodology

Photo courtesy of DNV GL

DNV GL presents a novel approach that overcomes challenges of assessing on board energy efficiency in a consistent manner. As a result, priorities for improvement can be determined accurately. In a new report released, DNV GL answers the question: How can a ship manager identify the biggest


Change of Management at Yanmar

Peter Aarsen

Having reached the age of retirement, Geert Jan Mantel will resign from his position as President of Yanmar Europe B.V. as per June 30, 2014, a position he has occupied since April 1, 2002. He will simultaneously step down as Managing Director of the Yanmar Co


Port New Orleans Unveils New Logo

PortNola_color vertical.jpg

The Board of Commissioners of the Port of New Orleans unveiled a new modern, streamlined logo today to kick-off the 6th annual Critical Commodities Conference. The rebranding effort represents the culmination of work of an internal committee consisting of staff from a variety of port


Struggling SNCM Ferry Operator to Order 4 Ships

Photo: SNCM

Reuters - Loss-making France-Corsica ferry operator SNCM, which is partly owned by French water and waste group Veolia Environnement, plans to order four new ships, an SNCM spokesman said on Friday. The spokesman said the board had approved deals for four new ferries


Teekay LNG Partners Announces Change to Board of Directors

Teekay LNG Partners L.P. announced that Beverlee F. Park has accepted an invitation to join Teekay LNG's Board of Directors and to Chair its Audit Committee, effective March 11, 2014. Park replaces Robert E. Boyd who retired today from the Teekay LNG Board after serving as a Director and Chair of


Port of New Orleans Signs MOU with Lithuania

Arvydas Vaitkus, Director General of Klaipeda Port Authority in Lithuania (Right) and Daniel Packer, Chairman of the Board of Commissioners of the Port of New Orleans, sign a memorandum of understanding between the two ports today at the Port of New Orleans Administration Building. The agreement aims to grow trade and investment between the Port and Lithuanias Klaipeda Seaport.

On Wednesday, March 12, an eight-person delegation of transportation and economic development officials from Lithuania visited the Port of New Orleans to sign a memorandum of understanding to exchange market and operational information. The agreement hopes to grow trade and investment between the


Stowaways in S. African Port: Authorities Change Policy

Rudder recess stoways: Photo courtesy of West of England P&I Club

There have been changes in the way authorities deal with stowaways in South African ports, now making the ship responsible for preventing unauthorised personnel from boarding in the first place, the UK P&I Club informs. If immigration decide that any person illegally on board is a


Thain Joins HVAC Board

Angela Thain

HVAC & Refrigeration Engineering Ltd., a provider of manufacturing, design and engineering services in hazardous and harsh environment products, has appointed a new member to its board of directors as the company looks to maintain its current strong growth.


Jack-Up Barge Debuts New Offshore Installation Method

Photo: Jack-Up Barge

Jack-Up Barge, the offshore self-elevating platform supplier, has pioneered a new cost-effective installation method that the company said will revolutionize offshore wind turbine construction. The Netherlands-based based company, a supplier to the offshore energy markets


New Manager’s Guide on Drugs and Alcohol

Photo: Videotel

Videotel launched the new addition to its suite of programs on the subjects of alcohol and drug abuse, Drugs and Alcohol – A Manager’s Guide, which is aimed directly at supporting management ashore and on board. This new program makes managers aware of their responsibilities and of the


BOURBON Committee to Examine JACCAR Bid

Photo: BOURBON

At its meeting of March 21, 2014, the board of directors of BOURBON noted JACCAR Holding’s proposed bid for shares of BOURBON. It decided to appoint a committee of four independent group directors (Agnès Pannier-Runacher, Guy Dupont


Port of New Orleans Mourns Former Chairman Lauricella

Aspect of port: Image courtesy of Port of New Orleans

The Board of Commissioners of the Port of New Orleans mourns the passing of former Board Chairman Francis E. “Hank” Lauricella. Gov. Mike Foster appointed Mr. Lauricella to the Board in April of 1997 and he served as Board Chairman from October 2001 until June of 2002.


Nonlethal Equipment Prevents Robbery at Sea

The P-Trap installation releases lines in the water on both sides of the fishing vessel. Propellers of hostile vessels tangle in the lines, engines stall as a result of this and the intruder remains at a safe distance, meaning that pirates cannot climb aboard.

Multilayered approach deters criminals and prevents unwanted boarding Westmark BV has recently performed a test in which passive nonlethal equipment served in a multilayered strategy to protect fishing crews from the threat of robbery at sea


IHC Merwede Appoints Bram Roelse as CEO

Bram Roelse (Photo: IHC Merwede)

IHC Merwede announced that it has appointed Bram Roelse as the company’s new Chief Executive Officer (CEO) with immediate effect as of April 1, 2014. He has taken over this leading role within the company from predecessor Dirk Philips who stepped back in November 2013.


 
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