Mærsk A/S informs that at its Board of Directors’ meeting today Mr. Mærsk Mc-Kinney Møller announced that he will retire as Chairman of the Board of A.P. Møller - Mærsk A/S December 15, 2003 and simultaneously retire from the Board.As new Chairman of the Board of Directors of A.P. Møller - Mærsk A/S Mr. Michael Pram Rasmussen was elected with effect as of that same date. The Board and Mr. Mærsk Mc-Kinney Møller consider Mr. Pram Rasmussen as especially suited for that important office.Mr. Møller will remain Chairman of The A.P. Møller and Chastine Mc-Kinney Møller Foundation, Chairman of Odense Steel Shipyard Ltd. and will remain as member of a few Boards, including Mærsk Olie og Gas AS.Mr. Møller will remain partner of the Firm of A.P. Møller and Mr. Jess Søderberg will continue as Chief Executive.
Frank Piedelièvre has informed the Board of Directors of Bureau Veritas that he has decided to leave the Board to devote himself fully to personal projects, having fulfilled his mission to provide support to Didier Michaud-Daniel in his role of Chief Executive Officer since March 1, 2012. The Board of Directors of Bureau Veritas has expressed its huge gratitude for all he has achieved for the Group and the key role he has played in the success of Bureau Veritas
INTERTANKO’s Hellenic Forum last week elected its new Chairman and governing team. Emmanuel Vordonis of Thenamaris Ships Management will be the next Chairman, succeeding Ceres Hellenic’s Nicholas G. Fistes who held the position for three years, and is the Hellenic Forum’s third Chairman. Nick Fistes will remain as a Vice Chairman alongside Costis Kertsikoff of Eletson Corporation and Spyros Polemis of Seacrest Shipping.
The members of the American Waterways Operators (AWO), the national trade association for the American tugboat, towboat and barge industry, elected Mr. Royce C. Wilken as Chairman and Mr. H. Merritt Lane as Vice Chairman on Friday, April 20 during the AWO Spring Convention in Washington. Mr. Wilken is President of American River Transportation Co. (ARTCO), headquartered in Decatur, IL, and served as vice chairman for the past year. Mr
Kjeld Dittmann, the Managing Director of Lyngsø Marine A/S, is the new Chairman of the European Ships and Maritime Equipment Association (SEA Europe). He succeeds Govert Hamers, CEO of Vanderlande Industries in the Netherlands, who has completed his term as Chairman. The announcement was made at the SEA Europe Annual General Meeting in Istanbul on June 26 hosted by the Turkish Association of Ship Industrialists (full member of SEA Europe).
Murilo Ferreira quit as chairman of Brazil's Petroleo Brasileiro SA, the state-controlled oil company said on Monday, without disclosing the reason for his decision. Ferreira had been on a leave of absence since Sept. 14, and Nelson Carvalho replaced him on an interim basis. In a securities filing, the company known as Petrobras said Carvalho would stay in that position until the board convened to elect a new chairman.
Stena Bulk is increasing its MR segment (Medium Range product tankers of 50,000 dwt) by acquiring 50 percent of the Danish shipping company Weco. This means that Stena Bulk has doubled its fleet in this segment from 15 to 30 tankers. Its objective over the next couple of years is to build up an operation with upwards of 50 vessels under the new brand name of Stena Weco. Weco, which is part of the privately owned shipping group Dannebrog
ERRIA A/S confirmed that they have acquired APM Terminal´s 51 percent stake in APM Saigon Shipping (APMSS). APM Saigon Shipping (APMSS) is an inland container services company with about 300 employees, which annually handles and maintains approximately 350,000 containers in Vietnam. APMSS is a 51/49 Joint Venture with "Saigon Shipping J/S Company”, where ERRIA has had a 34 percent ownershipfor more than 10 years.
Speedcast announces buyout; also announces appointment of new Board Director and Chairman. SpeedCast Ltd. announced the buyout of SatComms Australia, a satellite solutions provider in Australia. The closing of the transaction is subject to regulatory approval. The acquisition will further consolidate SpeedCast’s leadership position in the Asia-Pacific region and provide SpeedCast with an expanded presence in Australia
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. Among the board members, Dr. Jean L. Enright was voted into the position of vice-chair, and Mr. George E. Mastics was named Secretary-Treasurer.
Japan-based Kawasaki Kisen Kaisha (“K” Line) and Sharaf Group have established a new firm, K Line Shipping & Logistics (KLSL). Based in Dubai, UAE, KLSL will carry out businesses in the fields of marine transportation, logistics, land transportation
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
The President of the Singapore Shipping Association (SSA) Mr Esben Poulsson has been elected as the new Chairman of the International Chamber of Shipping (ICS). Mr Poulsson was elected at the ICS Annual General Meeting in Tokyo today (2 June)
Amid a takeover by France’s CMA CGM, Singapore container shipper Neptune Orient Lines (NOL) has named a new chief executive officer and chief financial officer. Nicolas Sartini will take over as chief executive officer, succeeding Ng Yat Chung
Gateway Distriparks Limited (GDL) today announced record profits for the year ended 31 March 2015. During the year, GDL Group (CFS + Rail + Cold Chain) Net Profit increased by 38.2% over the previous year from Rs 135.8 Cr. to Rs 187.8 Cr. Q4 net profit increased (Y-o-Y) by 21
Twin Disc, Inc. announced the passing of Michael E. Batten, Chairman of Twin Disc, Inc. He died in his sleep on the morning of May 6, 2015 at the age of 75. Batten worked at Twin Disc since June 1, 1970 and was fully devoted to the company and his family
India’s largest importer of the chilled gas Petronet LNG has appointed Kapil Dev Tripathi, Secretary, Ministry of Petroleum and Natural gas as Chairman and Director on the Board of the company. The appointment follows the former Chairman and Director of the company Board
Brazilian petrochemical firm Braskem SA said on Friday it will hold a general meeting on Aug. 4 to appoint a new chairman, after its current chairman was arrested for alleged involvement in a corruption scheme. The new chairman will be Newton de Souza
United Arab Shipping Company (UASC) announced the appointment of Dr. Nabeel Al-Amudi as the new Chairman of the Company’s Board of Directors, and Sheikh Ali bin Jassim bin Mohammad Al-Thani, as Vice-Chairman. Dr. Al Amudi, Al-Thani and the rest of the board will be responsible for
Statoil delivered Adjusted earnings of NOK 22.4 billion and adjusted earnings after tax of NOK 7.2 billion in the second quarter. Statoil reported Net income in accordance with IFRS of NOK 10.1 billion, including gains from divestments.
Brian Anderson has been appointed Chairman of Lerwick Port Authority at the board’s Annual General Meeting in July. Formerly Deputy Chairman, Brian succeeds the late Harry Jamieson who was Chairman for the past four years until his untimely death in June Ronnie Gair has
Russian Urals crude weakened further on Monday in the Mediterranean and the Baltic under pressure from abundant supplies and as oil firms began to tender fresh September supplies. In the Platts window, Tenergy sold a cross-month Urals cargo in the Mediterranean to Eni at dated Brent minus
The Shipping Ministry, Government of India has named Anil Udhavrao Diggikar, a Maharashtra cadre Indian Administrative Service (IAS) officer of the 1990 batch, as the new chairman of the state-owned Jawaharlal Nehru Port Trust (JNPT).
Carsten J. Reinhardt, President and CEO of Voith Turbo and member of the Corporate Management Board of Voith GmbH, has resigned Tuesday in order to pursue other interests, the company announced. Dr. Uwe Knotzer will become the new Chairman of the Board of Management of Voith Turbo GmbH & Co
Representatives of the Port State Control Committee, the governing body under the Memorandum of Understanding on Port State Control in the Asia-Pacific Region (Tokyo MOU), convened last week in Putrajaya, for its 26th meeting. The authorities of Peru and Panama applied for full membership