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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


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


‘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


Online at Sea: Cruise Company Debuts Social Media Flat Fee

AIDA_Internet.jpg

The advent of broadband at sea continues to expand, as German cruis brand AIDA introduces a flat-fee for social media networks onboard its ships.   AIDA Cruises is introducing an Internet flat fee for social media networks on board its ships


Containership Responds for Yacht Fire Rescue

Two New Zealand sailors and their Mexican skipper were rescued from a liferaft 280 kilometers south of Niue after their yacht caught fire just after midnight June 23, Maritime New Zealand reported.   The 15-meter U.S.-registered yacht SV Sunny Deck was travelling from Rarotonga to Tonga


FLEX Acquires LNG Assets from EXMAR

Image: EXMAR LNG

 Nicolas Saverys-led Exmar has agreed to integrate its LNG assets and infrastructure with those of John Fredriksen’s Geveran and Flex LNG under a new USD 2.3 billion company – Exmar LNG Ltd.   Belgian liquefied natural gas (LNG) carrier owner and operator Exmar and Geveran


New British Marine Brand Launched

British Marine

  British Marine has today unveiled its strong new identity that stands out within the context of modern brands in the marine sector, providing a solid focal point for the members the organisation serves. British Marine now represents a durable brand for its members to be part of


Carnival Bans Bringing Bottled Water Onboard

Image: Carnival Cruise Lines

 Carnival Cruise Lines will stop passengers from bringing bottled water, bottled soda and other bottled nonalcoholic drinks onboard, effective July 9.   Carnival's Liquor and Beverage Consumption Policy Guest has long prohibited guests from bringing alcoholic beverages onboard


Teekay LNG Announces Board Changes

Teekay LNG Partners L.P. announced changes to Teekay LNG’s board of directors.   Jane Hinkley has been appointed to the chairmanship position succeeding C. Sean Day, who will remain a director of Teekay LNG and chairman of the partnership’s sponsor, Teekay Corporation.  


Odfjell Board Announces New CEO’s Start Date

Kristian Mørch (Photo: Odfjell)

Odfjell's new president and CEO Kristian Verner Mørch to start August 1, 2015    Kristian Verner Mørch will take up his new position as president and CEO of Odfjell SE from August 1, 2015, the company’s board of directors announced


MHI Debuts Non-ozone-depleting Refrigerant

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  Mitsubishi Heavy Industries, Ltd. (MHI) has developed a new series of centrifugal chillers, dubbed the "ETI-Z Series," adopting a new refrigerant, HFO-1233zd(E), that offers outstanding environmental compatibility. The various models in the new series will be progressively


Enginei Fuel Management System Upgraded

Image: Royston

Diesel power engineering specialist Royston has introduced a next-generation version of its fuel management system, Enginei.   The new integrated system, with a range of enhanced fuel data analysis and reporting options, has been developed in consultation with vessel operators and owners


WISTA USA Hosts 2015 AGM & Conference

Photo: WISTA

This year's WISTA USA Annual General Meeting (AGM) brought together more than 120 maritime industry professionals from across the United States and around the world.    Declared a major success by WISTA USA president, Alexandra Anagnostis-Irons (president, Total Marine Solutions)


On Board Fuel Blending

Photo: BMT

Dennis de Bruin, Marine Director at BMT Surveys, explains the current issues and new regulations concerning the on-board blending of fuels. Fuel oils are mainly a blend of oils and other components, for example; aromatic hydrocarbons such as benzene, toluene and xylene


New Dredger for Lake Lotawana

Lake Lotawana’s 7012 HP Versi-Dredge deepening Buffalo Cove - the project is running ahead of schedule (Photo: IMS)

Lake Lotawana Association celebrated the launch of its new 2015 Model 7012 HP Versi-Dredge at Buffalo Cove on May 1, 2015. In attendance was Dave Wagner, Dredge Committee Chairperson, outgoing Mayor, David Welsh and Ward III Alderman, David Tillema as well as IMS President, Jim Horton


SC Ports Projects 7% Container Growth

Photo: SCPA

Following a record-setting month of container volumes achieved in May, the South Carolina Ports Authority (SCPA) board of directors looked ahead to a favorable 2016 fiscal year today with the adoption of a financial plan that includes continued cargo growth


Pirates Attacks Three Ships in SOMS within Three Hours

Map by ReCAAP

 Three commercial ships were boarded by pirates within just three hours of each other in Straits of Malacca and Singapore (SOMS), the ReCAAP Information Sharing Centre (ISC) has reported.   The vessels have been identified as the Brazilian-flagged bulk carrier MV Densa Shark


Jasper Ocean Terminal Budget Approved

Georgia and South Carolina port authorities to each contribute $1.25 million to Jasper Ocean Terminal’s 2016 budget   The Jasper Ocean Terminal (JOT) board of directors met earlier this week to solidify a budget and work plan for FY2016 as well as review work completed during the 2015






 
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