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.
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
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.
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.
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
Tom Crowley Jr., Chairman, President and Chief Executive Officer of Crowley Maritime Corporation and Richard du Moulin, president of Marine Transport Corporation (MTC), jointly announced that with the successful integration of MTC into Crowley, du Moulin will be resigning from MTC to pursue other business interests. Crowley acquired Weehawken, N.J.-based MTC in February 2001. Mark Filanowski, senior vice president and chief financial officer of MTC, will also be leaving the company
Davie Yards Inc. (TSX:DAV) announced that Gustav Johan Nydal will be joining the corporation as President and CEO. Nydal-who has extensive experience in the marine industry-is taking over for Steinar Kulen, who will become Chairman of the Board of Davie. Both appointments are effective as of February 15, 2010. Over the last two years, Kulen has built up Davie's shipbuilding activities and has taken Davie through a financial and organizational restructuring
The first Chairman and Vice Chairman for the Central & South America Section of the International Marine Contractors Association (IMCA) have been elected. Giorgio Martelli from Saipem is Chairman of the Section and Gilles Lafaye from Acergy is its Vice Chairman. The new section, formed in 2009 and host of the IMCA Annual Seminar in Rio de Janeiro in November 2009, provides a forum for members to address local issues
Intercargo the trade Association representing the interests of the bulk shipping industry, has announced the appointment of Mr John Platsidakis as Chairman. Mr Platsidakis is currently Managing Director of Piraeus-based Anangel Maritime Services Inc., a function that he will continue to perform alongside his role as Intercargo Chairman. The appointment was made at the Annual General Meeting of Intercargo in London on 9 October
Deputy Prime Minister of the Russian Federation, Arkady Dvorkovich, has confirmed that the 21st World Petroleum Congress will be held in Moscow from 15 – 19 June 2014. The congress will be the largest international event in the global oil and gas industries
Noble Energy, Inc. announced that its Board of Directors has approved a quarterly cash dividend of 18 cents per common share, which represents an increase of nearly 29 percent from the prior 14 cents per common share quarterly dividend. The dividend is payable on May 19, 2014
Len Holder, Videotel Chairman, died April 21 after a short illness. Len dedicated his lifetime in the maritime industry to developing better training practices. After serving at sea for 10 years, he came ashore to undertake study and research at Liverpool Polytechnic
Provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide, McDermott International, say that Gary P. Luquette has been elected as non-executive Chairman of McDermott’s Board of Directors, effective May 6, 2014.
In a letter to unitholders introducing its 2013 financial results, the chairman and the CEO of Rickmers Maritime, state that its commitment to long-term, fixed-rate container ship time charter agreements has provided insulation from the continued pressure on time charter rates
The International Bunker Industry Association (IBIA) informs of the appointment of Jens Maul Jorgensen as its Chairman for 2014/15. He replaces Simon Neo who has completed his one year term of office. IBIA say that Jens Maul Jorgensen is Director of Bunkers for German dry bulk shipowner
The Seamen’s Church Institute (SCI) announces the recipients of awards it will confer at its 37th Annual Silver Bell Awards Dinner in New York City on Thursday, June 5, 2014. SCI presents the Silver Bell Award, in recognition of outstanding leadership in the maritime community, to Orrin H
Korean Register (KR), an IACS member classification society, announces the release of a new mobile app containing all up-to-date IMO conventions. This brand new facility is based on KR’s award winning KR-CON software which is an international database program containing the full
Genco Shipping & Trading Ltd. will cut its debt by more than $1 billion by giving control of the company to its lenders in a deal that requires the dry bulk shipping company to file for bankruptcy. Lenders backing a $1.06 billion credit facility would convert their debt into about 81
Maritime industry leaders have called for greater collaboration and consolidation in Asia to tackle challenges such as the rise over capacity, talent shortages and environmental sustainability, which are impacting the potential of the industry.
The commitment of GAC Energy & Marine Services (GEMS) to sustainability when building its new purpose-built office and warehouse building in Houston, Texas, has earned it the First Prize in the GAC Group Chairman's Award for Environmental Excellence for 2013.
NewLead Holdings Ltd announced today that it has previously signed a term sheet with a leading financial institution to provide 75% debt financing for two second-hand Panamax vessels for a total of $35 million. The two vessels are expected to be delivered to NewLead's fleet within the next three
The Subcommittee on Energy and Power today approved H.R. 6, the Domestic Prosperity and Global Freedom Act, by a vote of 15 to 11. Authored by Rep. Cory Gardner (R-Colo.), the legislation would cut through the red tape blocking exports of U.S. liquefied natural gas (LNG). H.R
Drydocks World, an international service provider to the maritime, oil and gas and energy sectors, announced it has signed an Agreement with Malta Oil & Gas Ltd. for building two unique new jack-up drilling rigs based on Gusto MSC CJ54-X135-A design
Gondán Shipyard celebrated the keel laying ceremony of the sail training vessel that the yard is building for the British Marine Society & Sea Cadets (MS-SC). In the ceremony, which took place this morning in Figueras Shipyard (Castropol) participated representatives from the British