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RB Royal Announces New Chief Operating Officer

The appointment of John E. Valek to Chief Operating Officer (COO) of RB Royal Industries, Inc. was announced by John W. Neumann, Jr., the company's Chairman and CEO. Valek will also continue to perform his duties as Executive Vice- president and General Manager. A graduate of Michigan Technological University, Valek received a B.S. in Metallurgical Engineering. He has been with the company since 1994.

Zargon Oil & Gas Announces Resignation of CFO

Zargon Oil & Gas Ltd. announces that Mr. Jason Dranchuk has tendered his resignation as Vice President, Finance and Chief Financial Officer of Zargon effective July 14, 2014 to pursue other opportunities. "We sincerely appreciate Jason's professionalism, commitment and contributions to our company during the last 12 years and we wish him the very best in his future endeavors," said Craig Hansen, President and Chief Executive Officer of Zargon.

USS New Orleans Enters Dry Dock


USS New Orleans (LPD 18) entered a dry dock in Bahrain April 25 to continue repair work on the ship's hull. The Navy signed a firm fixed-price contract with Arab Shipbuilding and Repair Yard (ASRY) Shipyards in Manama, Bahrain to repair New Orleans. The repair contract includes planning efforts, material procurement, pre-fabrication and dry dock repair work and is expected to be completed in 10 to 14 days. The amphibious transport dock was damaged in a collision with USS Hartford (SSN

German shipbuilder P+S Werften Edges to Brink

German shipbuilder P+S Werften fights for time to stave off insolvency. Troubled German shipbuilder P+S Werften, which operates two of the country's biggest shipyards, has asked some of its customers to pay for ships in advance to bridge a liquidity shortfall and avert insolvency. New Chief Executive Ruediger Fuchs has approached Danish shipper DFDS, passenger ferry operator Scandlines and Greenland's Royal Arctic Line, a P+S spokesman told Reuters recently.

Sustreanu Named COO of FleetPro Group

Christine Sustreanu (Photo courtesy of FleetPro Group)

Christine Sustreanu will join FleetPro Group June 1, 2015 as its new chief operation officer (COO), the company announced in a press release.   Sustreanu, who presently serves as general manager at Uniworld Boutique River Cruise collection, will replace Robert Heijlands, cofounder and COO of FleetPro, who decided to resign when handing over the COO role to Christine Sustreanu.   “Robert Heijlands has been instrumental in the successful growth and high client satisfaction of

Bennett Named BOEM’s Chief for OREP

Jim Bennett (Photo: BOEM)

New leadership for BOEM’s Office of Renewable Energy Programs   The Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced James (Jim) F. Bennett as BOEM’s new Chief for the Office of Renewable Energy Programs (OREP), the program responsible for overseeing offshore renewable energy development on the Outer Continental Shelf.   Bennett has 35 years of Federal service and has served in a variety of capacities around the Department of the

Ailing German Shipyard Appoints New CEO

Rüdiger Fuchs: Photo credit P+S Werften

Rüdiger Fuchs to become new Chief Executive Officer of P+S Werften, aims to re-define the German shipyard's business model. The experienced industry manager and qualified engineer (Daimler Group, Airbus and Sietas Group) will take over management of the company from Dr. Dieter Brammertz, who is leaving P+S as planned. The change is taking place after the European Commission has approved the rescue aid granted preliminarily by the German State of Mecklenburg-Pomerania.

German Shipyard FSG Re-organizes Top Management

Peter Sierk: Photo FSG

Flensburger Schiffbau-Gesellschaft (FSG) says it will be headed by a new management team from January 1st 2015, details as follows: Current Chief Technology Officer Frank Bywater will be joined by Markus Bartsch as new Chief Executive Officer. Current CEO Peter Sierk will take over the management of FSG parent company NSH (Nord- deutsche Schiffbau-Holding) and as a result take responsibility for overall strategy as Chairman at FSG.

ASNE to Host Launch & Recovery Symposium

The American Society of Naval Engineers (ASNE) announced that registration has opened for its Launch and Recovery Symposium 2014: Launch and Recovery of Manned and Unmanned Vehicles from Surface Platforms. The theme for 2014 is Mission Effectiveness, Safety and Affordability. The event is slated to take place November 19-20, 201 at the Maritime Institute conference center in Linthicum, Md. According to ASNE, the symposium provides an opportunity to learn about launch

Vallihu Named Chief Executive of S. African Ports

Richard Vallihu (Photo: Transnet National Ports Authority)

South African port authority, Transnet National Ports Authority, has appointed Richard Vallihu as its new Chief Executive, following the retirement of Tau Morwe.   Richard Vallihu took up the reins as Chief Executive of South African port authority, Transnet National Ports Authority, on April 1, 2015.   He succeeds Tau Morwe, who led the company for a number of years before opting for retirement in March 2015.  

Hapag-Lloyd Names Haeser Next CCO

Thorsten Haeser (Photo: Hapag-Lloyd)

Container shipping line Hapag-Lloyd AG’s supervisory board has appointed Thorsten Haeser as a new executive board member in charge of Hapag-Lloyd’s global sales activities as chief commercial officer (CCO). Haeser, a law graduate, is currently managing director of Versatel GmbH

Carnival Announces Leadership Changes

Carnival Corporation names Michael Ungerer to new Chief Operations Officer Role for Asia, also appoints Felix Eichhorn as President of AIDA Cruises   Carnival Corporation & plc announced that Michael Ungerer, currently President of Germany-based AIDA Cruises

MAN Selects Rud to Head PrimeServ Diesel

MAN Diesel & Turbo’s executive board has appointed Per Rud as the new head of PrimeServ Diesel.   Rud will assume his new role on January 1, 2016 and takes over from Wayne Jones, who will join the executive board as the new chief sales officer.  

Rolls-Royce Targets Costs and Complexity in Quest for Growth

Warren East (Photo: Rolls-Royce)

Rolls-Royce's new chief executive aims to strip out costs and complexity, rather than selling off chunks of the business, as he seeks to return the British engine company to growth.   After four profit warnings in just over a year, and with an activist shareholder pushing for change

Thome Group Appoints New CEO

Olav Magnus Nortun, CEO Thome Group (image: Thome)

The Thome Group has announced the appointment of a new Chief Executive Officer, Olav Magnus Nortun, who will take up the position on 1st April, 2015. Mr Nortun, a Norwegian national, brings with him vast experience in the maritime industry

Financial Pressure Forces PDVSA to Embraces Pragmatism

By Alexandra Ulmer and Marianna Parraga CARACAS/HOUSTON, March 13 (Reuters) - A subtle change in office attire may be the most telling symbol of a quiet revolution taking place inside Venezuela's troubled economic engine, giant oil firm PDVSA.

Otto Marine Appoints Michael See as CEO

      Michael See Kian Heng, new CEO of Otto Marine Limited (photo courtesy of Otto Marine)

  Offshore marine company Otto Marine Limited announced today the appointment of executive director Michael See Kian Heng as new chief executive officer.   “I would like to extend my appreciation to the Board of Directors for their recognition and continual support of me

Eurasia Appoints CFO

  Eurasia Drilling Company Limited has appointed Taleh Aleskerov as Chief Financial Officer commencing April 1, 2015. Mr. Aleskerov has served as Senior Vice President - Finance of the Company's chief Russian subsidiary since 2007. W

Ampelmann Names New CEO

Photo: Ampelmann

Developer of motion compensation solutions Ampelmann announced that its supervisory board has appointed Jim Craig as the company’s new chief executive officer, effective immediately.   Craig brings more than 25 years of energy industry experience to the role

Thome to Support Singapore Maritime Week

Michael Elwert, Director of Group Strategy, HR & Support,

  Thome Group is giving its full support to Singapore Maritime Week with several senior executives speaking at key events during the packed programme.   Michael Elwert, Director of Group Strategy, HR & Support, will chair a session at the Sea Asia conference on Thurs April 23 to

ABS Appoints New Chief Technology Officer

Howard Fireman (Photo: ABS)

ABS named Howard Fireman as Senior Vice President and Chief Technology Officer (CTO) effective April 20 in a move that strengthens alignment and generates further synergies across all of ABS' technical programs, ABS announced.   Fireman, who will report to ABS Chairman and CEO Christopher J

East to Succeed Rishton as Rolls-Royce CEO

Warren East (Photo: Rolls-Royce)

John Rishton will retire as chief executive of Rolls-Royce on July 2, 2015 and will be succeeded by Warren East, whose appointment follows an extensive international search, the company announced today.   Warren East was CEO of ARM Holdings from 2001 to 2013

Durkin Appointed COO of Maersk Drilling

  Angela Durkin from Baker Hughes will join Maersk Drilling as new Chief Operating Officer (COO). She will assume her new role 1 May 2015 taking over from Jørn Madsen and report directly to CEO Claus V. Hemmingsen. “We are very pleased that Angela Durkin will join Maersk

Statoil Appoints CFO, 3 EVPs and Rejigs Top Deck

CEO Eldar Sætre

  Statoil appoints new chief financial officer (CFO), and launches business area for New Energy Solutions (NES). Three new executive vice presidents (EVPs) are appointed as members of the corporate executive committee (CEC). CFO Torgrim Reitan is appointed EVP for Development &

Maersk Line Gets New Head in China

Mike Fang. Photo from LinkedIn profile

 Maersk Line on May 21 announced that Mike Fang become the company's new chief of east - and central China. He joins with effect from 1 July 2015.    Fang has been head of Maersk Line North China since 2012. He replaces David Williams, who will become the new CEO of Safmarine.

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