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Management Change at Davie Yards

Davie Yards Inc. (TSX:DAV) announced that Alain Tanguay has tendered his resignation as Chief Financial Officer of the Corporation, effective February 26, 2010, to pursue other career opportunities. The Corporation has begun a search for a new CFO. Marc Veilleux, Davie's Vice President, Finance, will act as interim CFO until a successor is identified. (www.davie.ca)


Woo New CFO at STX Europe

Ole Heggheim, Chief Financial Officer and executive vice president of STX Europe, has decided to resign from his position. Byung-Ryun Woo has been appointed as new CFO, and Hans-Jørgen Wibstad has been appointed as senior vice president for Performance, Budget and Control. Byung-Ryun Woo comes from the position as CFO with STX Panocean in South Korea. Hans Jørgen Wibstad comes from the position as managing director for DFDS Lys Line AS


Adrion Appointed CEO of CP Ships

The board of CP Ships Limited has appointed Adolf Adrion new CEO effective 1st January 2006 following the completion of the acquisition of CP Ships by Hapag-Lloyd at the end of 2005 The new CFO will be Ulrich Kranich, effective 1st February 2006. Mr Adrion, also executive board member of Hapag-Lloyd AG, is retaining his previous responsibilities and is taking over from former CP Ships CEO Ray Miles, who stepped down from his post on 31st December 2005.


Adrion Appointed CEO of CP Ships

The board of CP Ships Limited has appointed Adolf Adrion new CEO effective 1st January 2006 following the completion of the acquisition of CP Ships by Hapag-Lloyd at the end of 2005 The new CFO will be Ulrich Kranich, effective 1st February 2006. Adrion, also executive board member of Hapag-Lloyd AG, is retaining his previous responsibilities and is taking over from former CP Ships CEO Ray Miles, who stepped down from his post on 31st December 2005.


Thuraya Appoints Chenel CFO

Patrick Chenel Thuraya CFO web.jpg

Thuraya Telecommunications Company, the leading international mobile satellite services (MSS) operator has announced the appointment of Patrick Chenel as Chief Financial Officer.  In addition to leading Thuraya’s financial management, planning and reporting functions, he will also be responsible for maintaining and developing the Company’s relationships with the relevant financial institutions and strategic suppliers across the globe


Ocean Installer Appoints New CFO and CCO

Ole Sanne has accepted the new position of CCO at Ocean Installer, and Jim Dåtland will join Ocean Installer as the new CFO. Mr. Sanne and Mr. Dåtland enter their new positions mid-February 2013. Mr. Sanne has been with Ocean Installer since the company’s inception and has more than 15 years of experience from the subsea sector, of which 12 years in senior managerial positions, including as Finance and Company Director for Subsea 7 Norway.


Jacobsen Joins Green Reefers ASA

Trym Jacobsen has joined Green Reefers ASA as the company's new managing director, replacing Erik Thulin. Jacobsen has been employed with Green Reefers ASA since 1991 and is currently holding the position as CFO.


Teekay Shipping Appoints New Director

Teekay Shipping has elected Eileen A. Mercier to its Board of Directors to fill the vacancy created by the retirement yesterday of Steve G.K. Hsu, who had served on Teekay's board since 1993. Mercier has more than 30 years experience in a variety of financial and strategic planning positions, including senior vice president and CFO for Abitib-Price from 1990 until 1995. Since then, Mercier has served as president of Finvoy Management


Sobon CFO of Drew Marine

Photo courtesy Drew Marine USA, Inc.

Drew Marine USA, Inc. announced the appointment of Walter Sobon as Senior Vice President and Chief Financial Officer. Sobon will be responsible for all finance and treasury functions, information systems and financial strategic planning. Sobon joins Drew Marine from Constar International Inc., an $800m publicly traded manufacturer of plastic containers, where he was CFO. Prior to Constar, Sobon was CFO for VWR International, a $2.8b provider of chemicals, equipment and services


Keppel Charts The Next Lap Of Growth

The Board and Management of Keppel Corporation Limited (Keppel Corp) has announced  the Group's holistic succession plan in charting its next lap of growth. On 1 January 2014, Mr Choo Chiau Beng, 65, CEO of Keppel Corp, will be succeeded by CFO Mr Loh Chin Hua. At Keppel Offshore & Marine Ltd (Keppel O&M), Mr Tong Chong Heong, 66, will be succeeded by COO Mr Chow Yew Yuen as CEO with effect from 1 February 2014.


WOC Partners With The Economist for 2014 Summits

File photo by WOC

  The World Ocean Council is partnering again with The Economist to help engage the ocean business community in upcoming events: For the third Arctic Summit, the WOC is working with The Economist to help ensure Arctic business community participation


Hempel Opens its First Factory in Africa

From left to right: Kim Junge Andersen (Group Executive Vice President and CFO) and Johann Geldenhuis (TCMCs General Manager) shaking hands after the deal was signed. (Photo: Hempel)

Hempel has opened its first factory in Africa, its 26th worldwide, to manufacture coatings for the marine as well as decorative and protective industries to serve customers in Sub-Saharan Africa.    Further boosting its growth plans, Hempel acquired its South African toll manufacturer


Shipping Eyes Brazilian Ore Exports

Image: Vale S.A.

 Following the plunge in dry bulk freight market, shipping companies are banking on increased iron ore exports from Brazil to China and India to shore up freight rates, reports the Hindu Businessline.   Hauling ore from Brazil to China will cost almost double than that from Australia


OSX Brasil CFO Steps Down, CEO to Take Role

OSX Brasil SA Chief Financial Officer Claudio Antônio da Silva Zuicker is stepping down, and Chief Executive Officer Vladimir Kundert Ranevsky will add the role of CFO, the troubled Brazilian shipbuilder said in a statement on Tuesday.  


Helgesson Tapped as Concordia Maritime CFO

Ola Helgesson, new CFO at Concordia Maritime AB

On 1 October, Ola Helgesson will take up the position of CFO at Concordia Maritime AB after having held the position of CFO at Stena Line group. Ola Helgesson has long experience as CFO at listed companies and solid knowledge of shipping. He also has a broad CFO profile with expertise in


APM Named 'Best Inland Service Provider'

ELSC Award

8th Annual Express Logistics & Supply Chain Conclave, prominent Indian-based business gathering recognizes service excellence. APM Terminals India Pvt. Ltd. was named “Best Inland Service Provider” for the third time in three years at the recently concluded 8th Annual Express


APM Terminals Organizes CSR Initiatives Under ‘I - Care’

I Care

APM Terminals Inland Services, South Asia continues to rollout its “I- Care” CSR master plan to help local communities in India improve their quality of life. Eye and Vision Care camps were established to help improve the lives of people located next to APM Terminals Inland Services


Atteridge Retires from Furuno USA

Jim Atteridge

After 30 years of service to Furuno USA, Inc., Jim Atteridge is retiring as President and assuming a new role, as Director and Corporate Advisor. Effective December 1, 2014, Brad Reents will assume the role of President and CFO of Furuno USA, Inc


Kemp Succeeds Semple at Wood Group

Alan Semple, chief financial officer of the Wood Group

  Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to retire and step down from his current role and from the board at the company’s annual general meeting in May 2015


Odd Arne Slettebø new CFO of “Noreco”

Odd Arne Slettebø new CFO of Noreco

  Norwegian Energy Company ASA has appointed Odd Arne Slettebø as Chief Financial Officer (CFO). Odd Arne Slettebø replaces Tommy Sundt who has been appointed new CEO of the Company. Slettebø joined Noreco in August 2012 and was until now Group Finance Manager of


OilCraft’s TwinBow Challenge

Courtesy OilCraft AS

There’s a new vessel design needling this competitive little shipping town. Still unknown in design circles, the “porpoise-nosed” TwinBow is brainchild to local start-up OilCraft and its wunderkind chief exec, Stian Teige, a self-taught computer renderer.


Caterpillar Rejigs Top Deck

Logo

  Caterpillar Inc. today announced the following officer changes effective January 1, 2015:  * Julie Lagacy will become the company’s Chief Information Officer and vice president with responsibility for the Global Information Services Division;


Chevron Scraps 2015 Share Repurchase Program

Chevron Corp halted its 2015 share repurchase program on Friday, a move to conserve cash amid tumbling oil prices.   The company's shares extended loses on the news, falling nearly 4 to $99 after being down 2.6 percent before the buyback halt was announced.  


Topaz Announces Leadership Changes

Jay Daga has been named Chief Financial Officer of Topaz Energy and Marine, an international offshore support vessel owner with operations in the Middle East, Caspian and West Africa.   Daga will take his position with immediate effect


GE’s First IMO Tier III Marine Diesel Engines Ordered

Bastø I (Photo courtesy of Bastø Fosen)

Bastø Fosen has placed an order for eight of GE Marine’s International Maritime Organization (IMO) Tier III compliant marine diesel engines for new and repowered vessels.   The order, which includes six eight-cylinder in-line engines for three new ferries and two 16-cylinder V






 
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