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EDHEC-Risk Institute Welcomes Eight New Members

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. The role of the international advisory board is to validate the relevance and goals of the research program proposals presented by the institute’s management and to evaluate research outcomes with respect to their potential impact on industry practices. The 47 members of the board also advise on the objectives and contents of projects deriving from the expertise of the institute, thereby ensuring that graduate and executive programmes remain at the forefront of developments in the marketplace. The eight new members are as follows:       Jacques Beyssade, Chief Risk Officer, Natixis     Suzanne Bishopric, Director, Investment Management Division, United Nations Joint Staff Pension Fund     Sally Bridgeland, Chief Executive Officer, BP Pension Trustees     Nicolas Gaussel, Chief Investment Officer, Lyxor Asset Management     Peter Heng, Senior Vice President and Chief Investment Officer, NTUC Income Insurance Co-operative     Masamichi Kono, Vice Commissioner for International Affairs, Financial Services Agency, Japan     Tony Lally, Chief Executive Officer, Sunsuper

New Director Proposed For Kværner ASA Board

The nomination committee of Kværner ASA has proposed Bjørn Flatgård as a new member of the company's Board. The proposal has been put forward after soundings were taken among Kvaerner's leading shareholders. "The nomination committee has made a point of proposing a director with industrial competence, international experience and integrity, and who moreover, will attend to the interests of all Kvaerner's shareholders," said Ragnhild M Wiborg, the committee head

Offshore-Inland Now Provides Joiner Services

Continuing its effort to become the most complete Topside Repair and Conversion company on the Gulf Coast, Mobile, Ala. based Offshore-Inland Marine & Oilfield Services has recently expanded its capabilities to include accommodation fabrication and interior outfitting. The expanded capabilities have been made possible by the addition of a new member to our team, joiner superintendent Matt Everett. Everett brings 25 years of experience to the table and compliments all of the services

ABS Elects Members and Corporate Officers

At the recent Board of Directors and Council meetings of the international classification society ABS, 26 prominent members of the shipping and offshore industries were elected as new members of the society, as well as a new member elected to its technical committee and two corporate officer positions. The newly elected members serving a five year term are: Mark W. Barker , President, Interlake Steamship Company Angela A. Chao , Senior Vice President, Foremost Group

ACL Named to EPA's National Environmental Performance Track Program

American Commercial Lines Inc. (ACL) announced that its Transportation Services Division has been named as one of 42 new members of the United States Environmental Protection Agency's (EPA) National Environmental Performance Track program. Membership is awarded to private and public facilities that have a strong record of environmental compliance, set three-year goals for continuous improvements in environmental performance beyond their legal requirements

Nielsen Resigns from StatoilHydro

Kurt Anker Nielsen has informed StatoilHydro’s nomination committee that he is resigning from his position as board member on March 25, with immediate effect as a result of the way the Ministry of Petroleum and Energy has handled the issue relating to the company name. Kurt Anker Nielsen was a board member of Norsk Hydro from 2004 to 2007. He has been a member of the board, and chair of the board's audit committee, of StatoilHydro since 1 October 2007.  

Sea Grant Panel Members Appointed

Commerce Secretary William M. Daley, has appointed three new members to the National Sea Grant Review Panel, the Commerce Department's National Oceanic and Atmospheric Administration said. Appointed to the 15-member panel are: Robin Alden, former Maine Commissioner of Marine Resources; Robert Duce, professor of oceanography and atmospheric Sciences at Texas A&M University; and Nathaniel Robinson, a senior executive in Wisconsin's state government serving as administrator of the Division of

Seabulk Completes Stock Issuance and Refinancing

Seabulk International, Inc. announced the completion of the issuance of 12.5 million shares of common stock at $8.00 per share to a group of investors led by entities associated with DLJ Merchant Banking Partners III, L.P., an affiliate of CSFB Private Equity, and Carlyle/Riverstone Global Energy and Power Fund I, L.P, an affiliate of The Carlyle Group of Washington, D.C. The stock issuance was previously approved by the company's shareholders at a Special Meeting held on September 5

Appoints New Member to Advisory Board

The Panama Canal Authority (ACP) has appointed Nippon Yusen Kabushiki Kaisha (NYK Line) President Koji Miyahara as its newest Advisory Board member. This appointment helps strengthen the Canal's focus in maritime shipping and provides the Board with representation from Japan, one of the largest users of the Panama Canal. Additionally, Mr. Miyahara will play a key role in the implementation of the ACP's expansion plans.

Carnival Pays Quarterly Dividend, Appoints New Director

Carnival Cruise Liner: Photo credit Wiki CCL Rapidfire

Carnival Corporation appoints new non-exec director to serve on health, environment, safety & security committees At the annual shareholders meeting of Carnival Corporation & plc  held in Miami Beach, Fla., shareholders elected a new member to the company's board of directors – Debra Kelly-Ennis, president and chief executive officer of Diageo Canada, Inc.  Kelly-Ennis will serve in a non-executive capacity on Carnival Corporation & plc's 14-member board

Dun & Bradstreet to Focus on Core Commercial Strategy

  Dun & Bradstreet will acquire the entirety of Dun & Bradstreet’s ANZ business, including consumer risk and debt collection, and commercial solutions, for AUD $220 million. As part of the agreement, pending regulatory approval

Tideland Introduced New Navigation Aids at Seawork

Photo: Tideland

Tideland Signal Corporation (Tideland) introduced a number of new innovative aids to navigation (AtoN) products at Seawork 2015, including SB-1800, the newest member to our popular high performance and low maintenance polyethylene buoy product line and our new SolaMax range of self-contained

Hybrid Propulsion for New Fairplay Tugs

Fairplay XI (Photo: SCHOTTEL)

The Fairplay fleet in Rotterdam welcomes two new members: The hybrid tractor tugs Fairplay IX and Fairplay XI, each equipped with a SCHOTTEL hybrid propulsion system including two SCHOTTEL Rudderpropellers SRP 4000 with hybrid gearboxes, two electric motors and an integrated steering control system

Anderson Appointed Chairman of Lerwick Port

Brian Anderson - Chairman

  Brian Anderson has been appointed Chairman of Lerwick Port Authority at the board’s Annual General Meeting in July.  Formerly Deputy Chairman, Brian succeeds the late Harry Jamieson who was Chairman for the past four years until his untimely death in June Ronnie Gair has

Nordic Shipholding Rebounded in 2014

  Danish ship owner Nordic Shipholding turned a profit in 2014 following its 2013 restructuring, the company announced today.   The company earned a profit of $2.3 million in 2014 due to improved earnings and a one-off gain of $5

Steady Growth Reported by the Swedish Club

Courtesy The Swedish Club

  The Swedish Club reported a solid operating result to its board today, continuing a record of building on steady growth. 2014 was seen as a stable year, where the underwriting result outperformed the fi­nancial performance and the insurance products across the board returned a staunch

Swedish Club Reports 'Healthy Growth'

tsc logo.png

The Swedish Club reported a solid operating result to its board today, continuing a record of building on steady growth. 2014 was seen as a stable year, where the underwriting result outperformed the financial performance and the insurance products across the board returned a staunch to high

Cyber-defense Capable TACLANE-10G Encryptor

Cyber Defense Cover TACLANE 10G

General Dynamics Mission Systems' new TACLANE®-10G (KG-175X) in-line network encryptor is now certified by the National Security Agency (NSA) to secure information at the Top Secret level and below. The NSA certification authorizes U.S. government organizations to order the new 10G encryptor

Zambia is Newest IMO Member State

IMO Secretary General Koji Sekimizu with His Excellency Paul William Lumbi, High Commissioner of the Republic of Zambia to the United Kingdom (Photo: IMO)

High Commissioner visit marks Zambia’s membership of IMO   His Excellency Paul William Lumbi, High Commissioner of the Republic of Zambia to the United Kingdom, on Wednesday, April 8 paid a courtesy visit to the Headquarters of the International Maritime Organization (IMO)

Alianҫa’s Fleet Continues to Grow

(l.-r.) Rene Wlach, Julian Thomas and Martin Susemihl, Jaques Maggi, Sponsor Luciana Pereira Quartiero, Dr. Ottmar Gast and Dr. Stefan Traumann (General Consul of Germany, Porto Alegre).

  The cabotage fleet of Hamburg Süd’s subsidiary Alianҫa has once again gained a new member. Within the scope of a customer event, the new container ship “Bartolomeu Dias” was christened on 14 April 2015 at the TECON Terminal in the southern-Brazilian port of Rio Grande

Recommendation from Statoil's Nomination Committee

Statoil Board of Directors

The nomination committee in Statoil has recommended that the company's corporate assembly elects Øystein Løseth as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors. Furthermore, the nomination committee recommends a re-election of

Petrobras Directors Agree on Audit Committee Composition


  Petrobras’ Board of Directors has unanimously approved the new composition of its Audit Committee, by appointing Directors Luiz Nelson Guedes, Luiz Augusto Fraga Navarro de Britto Filho and Roberto da Cunha Castello Branco as the new members of this Committee.

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 &

Fleet Week Kicks off in New York

A USNA Yard Patrol Craft passes the Statue of Liberty as part of the parade of ships, kicking off Fleet Week New York 2015. (Photo courtesy

Three U.S. Navy ships, two U.S. Coast Guard (USCG) cutters, and four U.S. Naval Academy (USNA) Yard Patrol boats have arrived in the New York Harbor to participate in the 2015 Fleet Week New York Parade of Ships.   Participating ships include the amphibious transport dock USS San Antonio

Star Clippers to Build Massive Square Rigger

Photo courtesy of Star Clipppers

Tall ship sailing specialist Star Clippers has announced that it has started building a fourth ship to add to its fleet of graceful square-riggers; its first new-build since the launch of Royal Clipper in July 2000. The new vessel, yet to be named

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