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New Management

New Management Elected At BIMCO

BIMCO Informatique has elected Jan Henrik Monsen as manager, while Per Løvgren was appointed IT Manager. Monsen, who has been marketing executive for BIMCO, will now be responsible for the administrative and commercial areas of the organization such as development of standard products and marketing functions. As IT manager, Løvgren, who has been with BIMCO since 1996, will be closely coordinated with the department and include all technical matters involving the organization.


EIVA CEO Hansen Resigns

The board of directors of maritime and offshore software provider EIVA has accepted Lars Hansen’s resignation as CEO. Hansen has accepted a new management position in the United States and will relocate to the US with his family towards the end of the year. “We have appreciated Lars’ dedicated management style and straightforward way of communicating during the time we have had the pleasure of working with him


Essar Shipping Ports and Logistics: New Management Structure

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Mumbai: Essar Shipping Ports & Logistics Limited (ESPLL) which is a part of Essar Group today held its Committee of Directors (Demerger Committee) meeting and announced the completion of the demerger process. The committee fixed 19th May 2011 as the record date. ESPLL announced that the company has received all the approvals hence the completion of the process. The company also announced the new management structure for the two companies once they are listed on exchange


NCL Pays Fine for Cruise Pollution

As a result of its voluntary reporting of irregularities, Norwegian Cruise Line Limited (NCL) has reached an agreement with the U.S. Attorney's Office for the Southern District of Florida and the US Department of Justice to plead guilty to a single count of violation of Title 33, U.S.C., Section 1908, for the knowing failure to maintain an accurate Oil Record Book aboard the S.S. Norway prior to May 2000. Under the plea agreement, NCL has agreed to pay a fine of $1 million


ABS Elects Tony Nassif as Executive Vice President

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In response to its continued global expansion, leading international classification society ABS has strengthened its executive leadership team with the election of Tony Nassif as Executive Vice President and Chief Operating Officer of the society. The election was made by the ABS Board of Directors at its meeting this week. Nassif moves to ABS from his position as President and CEO of the society’s wholly owned affiliate, ABS Group of Companies Inc.


Consortium Formed to Invest in China Shipbuilding

At the invitation of China Steel Corp. (CSC) and Yang Ming Marine Transport Corp., Wan Hai Lines Ltd. has shown its willingness to enter into a consortium led by CSC to invest in the state-run China Shipbuilding Corp., which has decided to go private through public bidding, according to a report on Taiwan Headlines. China Shipbuilding estimated it would sell a 51 percent up to 66 percent stake to become a privately owned firm


Cyprus Transport Ministry to call for tenders for Limassol Port

Pic: Cyprus Ports Authority

 The government of Cyprus has changed the legal framework of the Cyprus Ports Authority (CPA), which will allow commercial operations at Limassol port to be privatised.   The Cyprus  Ministry of Transport will call for tenders by the end of this week to attract investors for the use of Limassol Port`s commercial activities, announced Minister Marios Demetriades on Monday, who said the aim is to significantly expand port operations and transform Cyprus into a transit hub for


Marine Rebound Strengthens RINA Results

Ugo Salerno

International engineering, testing, certification and classification group RINA has reported improved results for 2013. Its performance was strengthened by an upturn in marine activities and a drive to improve efficiency and drive down costs. RINA turnover for 2013 increased 4% to €294 million, while EBITDA was up 6% to €37.2 million. Ugo Salerno, RINA Chairman and CEO said, “Returning confidence in the global marine markets and a new management team which took on their


FMC Chairman Calls for Global Regulatory Summit on P3 Alliance

Photo: CMA CGM

The U.S. Federal Maritime Commission Chairman, Mario Cordero, issued a call to fellow regulators in the European Union and the People’s Republic of China, to join with him in a Global Regulatory Summit on the proposed P3 Global Alliance of the world’s three largest container carriers, Maersk Line, CMA-CGM, and Mediterranean Shipping. The Summit would take place in Washington, D.C., with regulators to discuss their respective regulatory roles in considering the impact of the


2010 and the Rise of Sinopacific Shipbuilding Group

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It might be hard to judge now if the global shipbuilding industry is recovering, but an encouraging story is certainly taking place in China in 2010. According to Clarkson Research Services, China overtakes Korea as the world's top shipbuilder in the first half of 2010 and kept ahead in terms of three major industry indicators, including new orders, order backlogs and delivery. As China’s leading private shipbuilding company


Harkand North America Salvaged by MBO

Ethos Offshore Completes Harkand North America Management Buy Out   A team led by AJ Jain, Harkand North America Managing Director, has agreed to a management buyout (MBO) of Harkand’s North American and African business. The new company, to be named ETHOS OFFSHORE LIMITED


New Management at VULKAN

The Herne-based company VULKAN Kupplungs- und Getriebebau Bernhard Hackforth GmbH & Co. KG announced it has been under new management since March 2016.   Under the new management scheme, Dr. Achim Brodde and Dipl. Ing. Dieter Klitzke will work together to steer the fortunes of the


BSM, Optimum Announce Joint Venture Company

The Celestyal Crystal

Bernhard Schulte Shipmanagement (BSM) and Optimum Ship Management (Optimum) have announced the launch of a new joint venture partnership, Hanseatic Cruise Services. Based in Singapore, Hanseatic Cruise Services will provide comprehensive, world class passenger vessel management services to


ABS, Golar Strike FLNG Deal

ABS Group to Develop Intelligent Maintenance Strategy for Golar FLNG Fleet   ABS Group subsidiary Genesis Technology Solutions, Inc. (GenesisSolutions) won a contract by Golar LNG to develop an intelligent maintenance strategy for the company’s new fleet of floating LNG (FLNG) vessels


Colombo Port Hits Record 5 mln Containers

JCT Yard View Courtesy Port of Colombo

   For the first time in history the Port of Colombo reaches 05 million container operations. To mark the ocassion, a ceremony will be held tomorrow, Monday 21st December 2015 at the Jaya Container Terminal  of Sri Lanka Ports Authority , with the initiative of Hon


RINA Launches Competence Management System Certification

International classification society RINA Services has launched a new Competence Management System certification which it says helps ship owners and managers to raise the skill levels of their crews and shore staff above the basic statutory requirements


Crowley Formalizes New Business Segments

Wendy MacDonald and Mike Golonka (Photo: Crowley)

Crowley formalizes new GlobalShip Management and Government Services groups; Golonka and MacDonald assume new vice presidential roles   Crowley Maritime Corp. has formalized two new groups, Government Services and Global Ship Management


New Suite Simplifies Vessel Documentation

Photo: Ocean Time Marine

Ocean Time Marine informs it has added to its suite of safety management tools with a new vessel content management system, the Ocean Time Marine Dashboard and a suite of paperless safety document packs. These tools aim to provide simplified administration for vessel management delivering


Voith Turbo CEO Reinhardt Resigns

Carsten J. Reinhardt, President and CEO of Voith Turbo and member of the Corporate Management Board of Voith GmbH, has resigned Tuesday in order to pursue other interests, the company announced. Dr. Uwe Knotzer will become the new Chairman of the Board of Management of Voith Turbo GmbH & Co


Sinotrans Shipping in the Red

Photo: Sinotrans Shipping

 Sinotrans Shipping slid back into the red for the first half of 2015, turning to a $18.3m loss from a small $2.3m profit in the previous corresponding period.   The dry bulk and container shipping arm of Chinese state-owned Sinotrans & CSC Group continues to feel the pain of low


Norden Shuffles Executive Management Team

Norden CEO Jan Rindbo (Photo: Carsten Lundager)

Danish dry cargo and tanker shipping company Dampskibsselskabet Norden A/S informs it has combined a number of management functions in order to reduce its executive management team from five to three members.   “With the changes we are consolidating a number of functions creating a


Carlyle Group Acquires LMC

LMC is a 50-acre facility consisting of a boatyard, marina and marine service center

  Global alternative asset manager The Carlyle Group today announced the acquisition of Lauderdale Marine Center (LMC), the nation's largest yacht repair facility in terms of the number of large vessels it can haul and service. Equity for the transaction comes from Carlyle Realty Partners VII


MOL Renames Group Ship Management Co.

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  Mitsui O.S.K. Lines, Ltd. announced today that effective July 2, its wholly-owned ship management company for dry bulkers, New Asian Shipping Company, Limited is renamed to MOL Ship Management (Hong Kong) Company, Limited. MOL Ship Management (Hong Kong) Company


Privinvest May Buy Stake in ABG Shipyard

Photo: ABG Shipyard

 India's largest private shipbuilding company ABG Shipyard is in talks with Privinvest Holding SAL to sell stake. A report says that Privinvest is expected to acquire up to 49% stake in ABG.     A report in the ET NOW says both the companies entered into an exclusivity period for


Diana JV with WSM

Aliki Vessel. Photo by Diana Shipping Inc

 Dry bulk shipping company Diana Shipping and Wilhelmsen Ship Management (WSM) have joined forces in a new 50/50 joint venture named Diana Wilhelmsen Management Limited (DWM).   DWM, to be based in Limassol, Cyprus, and will commence operations by the end of June






 
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