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 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 (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 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.
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.
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
In his report on the accounts for the year ended June 30, 2008, David Moorhouse, Chairman of Lloyd’s Register, has announced that Group income rose by 19.6% to $893m (2006/07: $747.5m) with a marginal increase in surplus before tax generally in line with the budgeted target. The budgeted surplus for the year allowed for a significant increase in spending on projects and personnel in support of the Group’s medium and long term business objectives.
On July 27, 2011, the U.S. Naval Institute (USNI) begins an important new chapter with the appointment of Vice Admiral Peter H. Daly, U.S. Navy (Ret.) as the professional society’s Chief Executive Officer. Daly served from August 2008 until June 2011 as Deputy Commander and Chief of Staff, U.S. Fleet Forces Command. He brings more than 30 years experience as a commissioned naval officer, to include command of the destroyer USS Russell (DDG 59); Commander
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.
Mads Peter Zacho (44) has been appointed new Chief Financial Officer (CFO) of TORM A/S. With an educational background as M.Sc. from the University of Copenhagen, Mads Peter Zacho began his professional career in banking working with Goldman Sachs Intl. and Unibank before joining the International Finance Corporation in Washington D.C. Mads Peter Zacho was with Nordea in Copenhagen before being recruited to A.P. Moller Maersk, where he was appointed Deputy Head of Group Finance
DNV Petroleum Services (DNVPS) has appointed Tejs Beltov as the new Chief Operating Officer for Europe. Beltov, who joined the company on May 1, 2014, replaces Bill Stamatopoulos who has taken on a new challenge as Group Commercial Director. Stamatopoulos will develop and execute the
Veolia Environnement, a global leader in water and waste management, has a little local difficulty: an ailing France-Corsica ferry operator that weighs on its shares, gives its CEO nightmares and puts the brakes on its strategic plans.
The Long Beach Board of Harbor Commissioners is scheduled to vote Monday, June 30, to name Jon W. Slangerup, a veteran corporate executive with extensive experience in global logistics and environmental technologies, as the Port of Long Beach’s new Chief Executive.
Thrustmaster of Texas announced the achievement of an important company milestone: 30 years in the marine propulsion industry. Established in 1984 by its current president, Joe R. Bekker, Thrustmaster has grown from a small manufacturer of outboard
EDHEC-Risk Institute announced that eight new members have joined its international advisory board, which brings together scholars, representatives of regulatory bodies as well as senior executives from business partners and other institutions.
Internatioanl subsea inspection, repair and maintenance (IRM) group Harkand announced the appointment of John Reed as its new chief executive officer as it embarks on the next stage of its ambitious growth strategy. Reed, an industry veteran with more than 30 years’ experience in the
Bunker Holding, the parent company of a group of bunker companies worldwide, has appointed Søren Høll as the company’s new Chief Operations Officer (COO). Søren will be situated at the company’s headquarters in Middelfart, Denmark
Gianni Onorato will become the new Chief Executive Officer of the company, effective 2 September 2013. With almost 30 years’ experience in the cruise industry, Onorato has a thorough understanding of the cruise business and extensive experience in senior executive leadership
ASRY, a ship and rig repair yard in the Arabian Gulf, has appointed Nils Kristian Berge, the current Commercial General Manager, as Acting Chief Executive, to succeed Chris Potter, who leaves the company in October 2013. The ASRY Board of Directors confirmed the transition has been planned for
Topaz Energy and Marine, a global offshore support vessel owner with key operations in the Middle East and Caspiantoday announced the appointment of PernilleFabricius as Chief Financial Officer. Mrs. Fabricius’career spans 25 years and she joins Topaz from her position as CFO of DAMCO
The UK Chamber of Shipping's new Chief Executive, due to start in January 2014, will be Guy Platten, currently Chief Executive of Caledonian Maritime Assets Ltd (CMAL). Guy Platten is a master mariner with a long background in the marine industry – including serving as a deck officer in
Raytheon Company says its Board of Directors has elected Dr. Thomas A. Kennedy to serve as its Chief Executive Officer, effective March 31, 2014, when William H. Swanson, who has served as CEO since 2003, steps down following his 65th birthday.
The Board of Directors of Heidmar has announced the appointment of Hans van der Zijde as Heidmar's new Chief Executive Officer. Mr. van der Zijde graduated from the Nautical Academy of Rotterdam in 1985 and subsequently studied Maritime and Logistic Management there, graduating in 1992.
IHC Merwede announced that it has appointed Bram Roelse as the company’s new Chief Executive Officer (CEO) with immediate effect as of April 1, 2014. He has taken over this leading role within the company from predecessor Dirk Philips who stepped back in November 2013.
Ingram Barge Company announced today that Orrin H. Ingram is the new Chief Executive Officer of the company, succeeding Craig Philip who is retiring effective June 30, 2014. Ingram has been the Chairman of Ingram Barge Co. since 1998. He also is the President and CEO of the barge