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New Chief

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

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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


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.  


Wassmer Named CEO at Kelvion

Robert Wassmer (Photo: Kelvion)

Robert Wassmer will join Kelvion, a globally active manufacturer of industrial heat exchangers, as Chief Executive Officer (CEO) and Managing Director of Kelvion Holding GmbH effective as of July 1, 2016, the company’s shareholder committee announced.   Wassmer is an experienced CEO with national and international experience. He has previously served as chairman of the executive board at Knorr-Bremse Schienenfahrzeuge GmbH, the European Rail Equipment Subgroup of Knorr-Bremse


Golden Ocean Names New CEO and CFO

Photo: Golden Ocean

The board of Golden Ocean Group Ltd. announced a pair of leadership appointments, naming Birgitte Ringstad Vartdal as the new Chief Executive Officer of Golden Ocean Management AS and Per Heiberg as the new Chief Financial Officer of Golden Ocean Management AS.  


DNS Appoints Esson, Chief Executive

Roger Esso Photo DNS

Decom North Sea (DNS), the representative body for the offshore decommissioning industry, which promotes and facilitates collaboration and cost reduction, today appointed a new chief executive.   Roger Esson brings over 20 years’ highly relevant experience as DNS continues to play a


Cheniere Appoints Jack Fusco as CEO

Jack Fusco. Photo: Cheniere Energy

 Jack Fusco was named chief executive and chairman of Cheniere Energy Monday, ending a leadership search that began after activist investor Carl Icahn ousted the company’s founder.   Fusco's installation as Cheniere’s new chief comes after a messy boardroom drama led to the


Singapore Exchange in Talks to buy Baltic Exchange

Baltic Exchange privately owned by 380 shareholders. The Singapore Exchange (SGX) is in exclusive talks to buy London's Baltic Exchange, which has been at the heart of the global shipping industry for centuries, the two companies said on Wednesday.


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.


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


Sr Management Restructuring at Rolls Royce

Warren East, Chief Executive of Rolls Royce Photo Rolls Royce

  Rolls-Royce is today announcing a new senior management structure as the first step in the wide-ranging restructuring announced on 12 November 2015. The move will simplify the organisation, drive operational excellence and reduce cost; ensuring Rolls-Royce is better placed to deliver


Radio Holland Awarded Remote Monitoring Agreement

Photo: Radio Holland

Radio Holland, part of the newly formed company RH Marine Group, has been awarded a Remote Monitoring Agreement from The China Navigation Company (CNCo).   Under the new agreement, Radio Holland will install VDR Remote Interface on board three more CNCo vessels (Coral Chief


Gulf Navigation Appoints Parag Jain CEO

Parag Jain, CEO, Gulf Navigation Holding (Photo: Gulf Navigation Holding)

Gulf Navigation Holding PJSC (DFM: GULFNAV), the Dubai-based shipping company, has confirmed the appointment of Parag Jain as the company’s new Chief Executive Officer (CEO). The confirmation is a welcome move as Jain has been serving in the capacity of acting CEO since May of this year


New Chief of Staff at Odfjell

Øistein Jensen (Photo: Odfjell)

Øistein Jensen has been appointed as new Chief of Staff at Odfjell, commencing in his new position from February 29, 2016.   Jensen is a Norwegian citizen and presently holds the position as Director at PwC. He is a graduate of the Royal Norwegian Naval Academy and has among other


ABS Names New Chief Engineer

Bret Montaruli (Photo: ABS)

Montaruli steps up at ABS as technical engineering authority.   ABS, a provider of classification to the global marine and offshore industries, announced the appointment of Bret Montaruli as Vice President and Chief Engineer. In his new role


Deng Huangjun New CFO for China Cosco

Pic: China COSCO Holdings Co

 China Cosco Holdings has appointed Deng Huangjun as its new chief financial officer, after his predecessor Tang Runjiang resigned. Deng, 53, is also a director and deputy managing director at Cosco Pacific.     Tang Runjiang has resigned with effect from 14 March 2016 due to






 
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