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New Corporate

A&P Group Targets New Markets in Marine Engineering

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A&P Group is embarking on a strategic marketing drive to promote its engineering and fabrication services to new industry markets particularly the oil and gas and renewable energy sectors. The company has unveiled a new corporate ID and brand styling in line with its vision for the future to become a leading international marine engineering organisation. The new look, alongside the business and marketing strategy, demonstrates that A&P Group’s engineering capabilities and services are extensive and reach beyond the shipping industry, where the company has earned itself the position as one of the UK’s foremost ship repair and conversion businesses. A&P Group’s new brand style has also been created to reflect the company’s determination to maximise the benefit of consolidation of its three UK yards in Falmouth, Tyne and Teesside into a cohesive operational unit and, its changing market proposition. A&P Group has moved from its insignia of over three decades and created a new bold logo and two sub brands of A&P Marine and A&P Energy, alongside a company tag line “Engineering Strength”. The brand strategy and design was undertaken by UK branding and communications agency TDG Integrated who have previously worked with shipping and marine clients. A&P Group have launched a new corporate website www.ap-group.co.uk and a corporate video.


Veson Nautical Moves to New Corporate Headquarters

Veson Nautical, the US-based maritime software developer that delivers outstanding chartering, operations and accounting solutions for cargo transportation, is pleased to announce its move today to new corporate headquarters located at 162 Columbus Avenue in Boston, Massachusetts. Veson also announced today the addition of Jamie Sheldon, Director of Product Management, to Veson’s growing staff located at the new Boston headquarters.


Schottel Reorganizes

With a revised product range and a new corporate structure, Germany’s Schottel announced that its headquarters in Spay/Rhine and Schottel Antriebstechnik GmbH in Wismar have been merged to form the new Schottel GmbH with its registered office in Spay and branches in Wismar and Hamburg. Schottel Schiffsmaschinen GmbH, which is also based at the Wismar location, will continue to develop and manufacture controllable-pitch propeller systems as an independent company.


ABS Announces Executive Appointments

The ABS Board of Directors announces executive appointments. Effective January 1, 2002 the following staff will assume new leadership positions: Robert J. Bauerle, Senior Vice President & Chief Financial Officer; Gary A. Latin, Senior Vice President & Chief Information Officer; Dr. Donald Liu, Executive Vice President & Chief Technology Officer; and Vincent F. Roth, Senior Vice President & Chief of Staff ABS promoted James C. Card to Senior Vice President, Technology


Drew Marine Christens New Headquarters

Photo courtesy Drew Marine

Drew Marine, a worldwide supplier of water treatment, fuel management, safety, maintenance and cleaning products to the maritime industry, celebrated its first year under J.F. Lehman’s private equity ownership on September 13 and held a ribbon-cutting ceremony to celebrate its new corporate headquarters. Whippany Mayor, John Sheridan, Chairman and Founding Partner of J.F. Lehman & Company and former Secretary of the Navy, John Lehman, and J.F


ITC Global Rebrands as Single Company, Unite Acquisitions

ITC Global, a leading provider of satellite communications to remote and harsh environments announce that it has launched a new corporate brand as the final step in bringing a series of recent acquisitions together as a single global company. The firm retains the ITC Global name with a modernized look and feel and a reinforced commitment to customer service.  The new brand identity marks a major milestone for ITC Global


Baltic Exchange Seeks Mutual Status

The Baltic Exchange -- the world's oldest shipping market -- is seeking mutual status as a means to overcome conflicts between shareholders over the use of assets. "The board feels that a company moving toward mutual mode is the best for the future of the Baltic Exchange," chairman Hugh McCoy said. Under proposals to be put out for consultation, the shipping market would be restructured so that existing shareholders became members of a new corporate body limited by guarantee


American Cruise Lines – Online Travel Agent Training & Certification Program

  American Cruise Lines web site to offer travel agent training, certification & marketing tools American Cruise Lines announce plans for an upcoming travel agent portal, the first of many new features to be added to the company’s new website. In an effort to maximize travel agent potential with American Cruise Lines, as well as accessibility to product information, the new agent portal, which will be available this summer, will feature the following:


Swire Oilfield Services Expands in North America

Swire Oilfield Services (Swire), has reinforced its commitment to growth with a significant investment in its North American operations, as part of the company’s global  $150 million investment this year.   The company entered the Gulf of Mexico in 2007 with the establishment of an operations headquarters in Houma, Louisiana. Since then it has expanded with nine new facilities across the Gulf coast and North America, including Port Fourchon


Falck Nutec Boost Management Team

L to R: Allison Walker, Niel Rennie and Gillian Jagger.

International health and safety training specialist, Falck Nutec, has strengthened its UK management team with the appointment of two new directors. Allison Walker steps up to director of sales and marketing, Niel Rennie has been appointed finance director and they will be supported by human resources manager Gillian Jagger who takes on a senior role within the management team. Falck Nutec operates in the oil and gas, marine and renewable sectors


T&T Salvage Aids Charity’s Efforts Against Malaria

A small feeder container vessel ran aground off the coast of Papua New Guinea. A large part of its cargo consisted of 32 containers of mosquito nets owned by international charitable organization the Rotary Club through their subsidiary Rotarians Against Malaria


ICC partners WCGC for Annual Golf Tournament

yearly golf

  The International Chamber of Commerce (ICC) has become the Official Global Partner of the World Corporate Golf Challenge (WCGC), the largest and longest running corporate amateur golf event. The new venture is set to expand international participation, branding and media attention


MMA Offshore Posts 55.8% YoY Profit Increase

  Photo courtesy of MMA Offshore

MMA Offshore, the company born from the merger of Mermaid Marine Australia and Jaya Holdings in June 2014, posted a net profit of $37.7 million for the half year that ended on December 31, 2014. This represents a 55.8% increase over the same half-year in 2013 for what was formerly Mermaid Marine


MSHIPCO Exploring Strategic Options

MSHIPCOs M80 Stiletto

MSHIPCO has engaged Global Capital Markets Inc. (GCMI), a middle market M&A investment bank with global reach to advise on corporate strategic options including sale, licensing or other transactions.   As creator of the M80 Stiletto


Strategic Sale of Braemar's H.O.

Braemar’s distinctive head office, sold for £9.5m

On 27 January 2015 Braemar Shipping Services Plc exchanged contracts for the sale of our leasehold interest in our Marylebone corporate headquarters to Greenhouse Sports Ltd for a net consideration of £9.5m before tax. The leasehold had a net book value of £4


Adani Group Revamps Businesses

Adani Ports and Special Economic Zone Limited

  Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced a composite Scheme of Arrangement (“Scheme”) for the demerger of the ‘Port


Chevron Names Ourada Corporate VP and Comptroller

Chevron Corporation today named Jeanette L. Ourada as their new corporate vice president and comptroller effective April 1. Ourada succeeds Matthew J. Foehr, who will retire after 33 years with the company.   Ourada, 49, will oversee corporate-wide accounting, financial reporting and analysis


Gazprom Sets Up New Department

Pavel Krylov

  Gazprom set up a new department to be headed by Pavel Krylov. The department will be in charge of implementing the Gazprom corporate unified technical policy in search, creation and introduction of state-of-the-art solutions, equipment and materials acknowledged worldwide


MHI Receives "Grand Prix" Award

High Marks Given to MHI REPORT 2014

  Mitsubishi Heavy Industries, Ltd. (MHI) has received the Grand Prix at the Nikkei Annual Report Awards 2014 sponsored by Nikkei Inc. The Grand Prix is the top award to be given to the company most highly appreciated by judges. The award-winning publication is the "MHI REPORT


Navy Leaders: Uncertainty Will Drive Innovation

Chief of Naval Research Rear Adm. Mat Winter, moderates a research, development, test and evaluation corporate board panel session during the Naval Future Force Science and Technology Expo. (U.S. Navy photo by John F. Williams)

Department of Navy leaders at the Naval Future Force Science and Technology (S&T) EXPO in Washington D.C., February 5 called for investment in new ideas and scientific research to keep the U.S. Navy and Marine Corps technologically superior in increasingly uncertain times.  


Vard Holdings 4Q & FY 2014 Results, Teleconference

Vard Holdings Limited will release its results for the fourth quarter and full year ended 31 December 2014, before market opens on Friday, 27 February 2015. Senior management will host a results teleconference, details of which are as follows: Date : Friday, 27 February 2015


India Relaxes Vessel Sharing Pacts Regulation

Pic: Directorate General of Shipping

 The government of India may continue to exempt vessel sharing agreements among shipping companies from the purview of fair trade watchdog CCI, reports Press Trust of India.  The government felt that such pacts are unlikely to hurt competition


Incentive for Cargotec Management

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  The Board of Directors has approved a new long-term incentive programme for key personnel of Cargotec for 2015 - 2018. The programme is similar in form to the one approved one year ago covering 2014 - 2017. The purpose of the programme is to increase Cargotec's profitability


Topaz Announces Leadership Changes

Jay Daga has been named Chief Financial Officer of Topaz Energy and Marine, an international offshore support vessel owner with operations in the Middle East, Caspian and West Africa.   Daga will take his position with immediate effect


Stolt-Nielsen Secures $250m Financing

Stolt-Nielsen Limited has closed a $250 million private placement with American International Group (AIG).   The private placement has a term of 10 years and is secured by the Stolt-Nielsen’s terminal in Houston.    Proceeds from the notes will be used to repay existing






 
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