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New Senior

Manitowoc Appoints New Senior Vice President

The Manitowoc Company, Inc. named Timothy M. Wood as its new senior vice president and chief financial officer. He assumes the role from Carl J. Laurino, corporate treasurer, who had been serving on an interim basis since May. Wood, 54, of Chicago, brings 30 years of financial experience to the post. He previously held the same title at Redem Technologies, but spent the bulk of his career - 23 years - with Borg-Warner Corporation. For six years, he served as vice president of finance and chief financial officer for the billion-dollar company.


Blount/Barker Appoints New Senior V.P.

Blount/Barker ShipBuilding, Warren, R.I. has elected Jacob A. Stevens III as its new senior vice president. A well-known shipbuilder, whose career highlights include the construction of six 92 ft. (28 m), 4,000 hp Marci-Class Z drive tug boats in under 20 months for Moran Towing, Stevens will be responsible for all shipyard operations including engineering, design, labor, purchasing, scheduling and working with outside contractors.


ACL Files Reorganization Plan

American Commercial Lines LLC and its affiliated debtors today filed their Joint Plan of Reorganization in the United States Bankruptcy Court, Southern District of Indiana, New Albany Division. ACL and its affiliated debtors, including American Commercial Barge Line LLC and Jeffboat LLC, filed for Chapter 11 protection on January 31, 2003. Richard L. Huber, Chairman and Chief Executive Officer of ACL said “This reorganization of ACL as a stand-alone company provides the best recovery to the


Stolt-Nielsen S.A. Announces Bond Issue

Stolt-Nielsen S.A. announced plans to issue new senior five-year unsecured bonds with a term from April 15, 2004 to April 15, 2009. The senior five-year bonds will have a fixed yearly coupon of 8.75%. The first tranche of the senior five-year bonds will be NOK 500-700 million, with a total borrowing limit of NOK 1 billion. The nominal value of the senior five-year bonds will be NOK 500,000. The purpose of the bond issue is to refinance


NOL Key Senior Appointments

Neptune Orient Lines (NOL) Group President & CEO Ronald D. Widdows announced new senior management appointments to head the Group’s APL Logistics business unit and its South Asia Region organisation. Jim McAdam has been promoted and assumes the position of President, APL Logistics, the unit of the NOL Group that provides international supply chain capabilities for customers globally. He replaces Brian Lutt who recently left the Group to pursue other opportunities.


Crowley Donate Land for Alaskan Senior Citizens' Center

Yukon River operations: Image courtesy of Crowley Maritime

Crowley Maritime Corporation's group recently completed the sale of 2.836 acres of unimproved land to Nenana Tortella Council on Aging for a mere $500. The lot, which has a market value of $25,000 upon recent appraisal in 2013, will be used by the council as a community match which is required to secure additional funds for a desperately needed, new Senior Center. Crowley’s Nenana terminal serves as a loading port for barges making fuel and freight deliveries to communities on the


ACL Outlines Restructure Plan

American Commercial Lines LLC (ACL) announced that on April 15, 2002 it commenced an offer to the holders of its outstanding senior notes to exchange new 11-1/4% cash pay senior notes due January 1, 2008 and new 12% pay-in-kind senior subordinated notes due July 1, 2008 for its outstanding 10-1/4% senior notes due June 30, 2008. In connection with the exchange offer, ACL is also soliciting its noteholders to (1) become party to, and a beneficiary of, a mutual release


Trico Announces Completion of New Senior Secured Credit Facility

Trico Marine Services, Inc. has closed its previously announced refinancing of its existing U.S. revolving credit facility ("U.S. Dollar Facility"). The Company refinanced the U.S. Dollar Facility to relieve the Company of the maintenance debt covenants under that existing facility and to add operating flexibility. The Company's new $55 million senior secured credit facility ("New Credit Facility") is secured by 43 supply vessels. The


Pollution Liability Underwriters WQIS, Make Appointments, Share Business Insights

WQIS has learned that even market leaders and pioneers need to stay dynamic and never get complacent. Shaking things up can break barriers for even the strongest organizations. By insuring some 35,000 vessels, across every major waterway in the US, WQIS says it has earned the backing of 16 of the largest insurance companies in the United States. For a company with these credentials, it would be easy to settle into a routine


Trailer Bridge Announces New Senior Commercial Team

Trailer Bridge, Inc. announced the appointment of Dave Miskowiec to the role of Executive Vice President, Commercial.  In his new role he will be responsible for all commercial activity focusing on automotive, NVOCC and charter barge - heavy lift sectors within Trailer Bridge.  Mr. Miskowiec began his career at Trailer Bridge in May of 1997 and has since served in numerous executive capacities, most recently as Vice President of Sales.


Rolls-Royce to Power Zhuhai Ferries

Photo courtesy of Zhuhai

Rolls-Royce has been selected to supply waterjets and high speed MTU diesel engines to power two new aluminium catamaran fast ferries for Chinese ferry operator Zhuhai High-Speed Passenger Ferry Co Ltd. The ferries will be some of the first to feature the highly efficient Rolls-Royce Steel S71-4


Satellite Images Reveal Ocean Acidification

Pic: National Oceanic and Atmospheric Administration (NOAA)

 Ocean acidification can now be seen from space, highlighting an ongoing danger of climate change and revealing the regions most at risk.   Pioneering techniques that use satellites to monitor ocean acidification are set to revolutionize the way that marine biologists and climate


VesselVanguard Partners with Hatteras Yachts

Logo

  VesselVanguard announced today a new partnership with Hatteras Yachts to provide a five-year subscription for its award-winning maintenance management solution to every buyer of a new Hatteras convertible or motor yacht. Hatteras owners will be among the first to have access to two


NORDEN Publishes CSR Report

Michael Tønnes Jørgensen, NORDEN Executive Vice President and CFO (Photo: NORDEN)

Dampskibsselskabet NORDEN A/S has published its Corporate Social Responsibility (CSR) report 2014. Entitled, “On track”, the CSR report presents an overview of NORDEN’s CSR strategy, performance, achievements and future goals.   


Victoria Shipyards VP Barker to Retire

Victoria Shipyards new VP and GM, Joe ORourke (Photo courtesy of Victoria Shipyards)

Seaspan’s Victoria Shipyards announces retirement of vice president and general manager, appoints successor   Seaspan’s vice president and general manager of Victoria Shipyards Co. Ltd., Malcolm Barker, will retire Spring 2015, following more than 21 years with the company.


Asian Maritime Battle Heats Up

Chinese vessel building project in the Spratly Islands (Image by Philippine Department of Foreign Affairs)

 New satellite imagery reveals Chinese advances in ongoing land reclamation project in the South China Sea, reports The Australian.   Intensifying concerns about Beijing’s territorial ambitions, the images show a ¬dra¬matic expansion in China’s construction of


ISS Appoints VP Operations – Marine Outsourcing

Tony Carter, VP Operations – Marine Outsourcing.

  Inchcape Shipping Services (ISS) has made a key addition to its Marine Outsourcing team with the appointment of Tony Carter to VP Operations – Marine Outsourcing. Tasked with optimising the company’s service delivery across the globe, Tony will report to Trond Baade


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


Fitzpatrick Appointed President of Robert Allan

Mike Fitzpatrick

  The Board of Directors of Robert Allan Ltd. have accepted the announcement from Ken Harford, P. Eng. of his intention to retire in June, 2016 after eight years of leadership at Robert Allan Ltd. “Having completed the ownership transition from Rob Allan and his family to a group of


USCG, Australian Leaders Ink Deal

Coast Guard logo

  Senior leaders from the U.S. Coast Guard and the Australian Federal Police signed a Memorandum of Understanding Friday at U.S. Coast Guard Headquarters to highlight common missions, interests, capabilities, and opportunities for collaboration.


USCG Crews Work to Break Ice In Mid-Atlantic

Photo courtesy USCG

  The crews of the Coast Guard Cutters Capstan, Cleat and Chock are working this winter to break ice and maintain navigable waterways from the Delaware River, through the Chesapeake and Delaware Canal, down to Tangier Island, Virginia.


Jaxport Welcomes Consolidation of Crowley's Jacksonville Operations

  Crowleys Bill Pennella (right), Vice COB/EVP, and JAXPORTs Dr. John Allen Newman (left), Board Vice Chair, agree to the expanded, long-term lease at JAXPORT’s Talleyrand Marine Terminal.

JAXPORT’s Board of Directors today unanimously approved an expanded, long-term lease with Crowley Liner Services Inc. Under the agreement, Crowley will relocate its Puerto Rican service from its private terminal along Jacksonville’s harbor to JAXPORT’s Talleyrand Marine Terminal


Sandvik to Present at NACE CORROSION 2015

Sandviks new stainless steel technology (Photo courtesy of Sandvik)

Global technology engineering group Sandvik will present corrosion resistant alloys, including its new Sandvik SAF 3207 (UNS S33207) hyper-duplex stainless steel at NACE CORROSION 2015, the company announced today.    NACE CORROSION 2015


Japan Plans Naval Exercises with Philippines

Photo: Philippines Defense Forces Forum

 Admiral Tomoshisa Takei, chief of staff of Japan Maritime Self-Defense Force (JMSDF) is holding high-level talks with the Armed Forces of the Philippines (AFP) concerning the mounting maritime tension in the West Philippine Sea and other security concerns within the Asia-Pacific region.


Port of Seattle Hires Director of Strategic Initiatives

Dave Caplan (Photo: Port of Seattle)

Port of Seattle CEO Ted J. Fick appointed Dave Caplan as a member of the port’s executive team as director of the new Office of Strategic Initiatives.   Caplan will be responsible for exploring, developing and implementing initiatives to support performance within organization






 
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