Organizational Changes

Sea Star, American Shipping Realign Leadership

American Shipping Group, Inc. announced the following organizational changes:  Frank Peake will join the American Shipping Group (ASG) as Vice President, focusing on strategic planning for all ASG companies operating in the Puerto Rico and Alaskan markets.  Steve Hastings has been appointed President of Sea Star Line.   “These organizational changes will allow us to best utilize the skill sets of these two very talented gentlemen.” said Tim Engle, American Shipping Group Chairman.  “Frank will be assisting me in shaping the future strategic vision of ASG. His background in strategic planning and his experience in both the Puerto Rico and Alaska markets, uniquely qualifies him for this new challenge. Frank’s contribution as President over the past six years has significantly enhanced Sea Star’s competitive position in the Puerto Rico market.”

Stolt-Nielsen Names Feringa as President of Stolt Tankers and Terminals

Stolt-Nielsen S.A. said that Hans Feringa has been appointed President of Stolt Tankers & Terminals as pf December 1, 2007. Hans Feringa will succeed Otto Fritzner, who will be retiring, as planned, from the Company at the end of the year. Feringa has been Managing Director of Tanker Trading at Stolt Parcel Tankers Division since 2003. Prior to this he was Managing Director of Stolthaven Terminals Division (2000 to 2003) and Asia Pacific Regional Director

Organizational Changes at Shell

Upstream Companies in Nigeria Shell Production and Development Company Limited (SPDC), Shell Exploration and Production Africa Limited (SEPA) and Shell Nigeria Exploration and Production Company Limited (SNEPCO) (together hereinafter referred to as "Shell") announced the intent to improve efficiency and reduce costs, taking advantage of synergies between companies and eliminating duplication, under a project called 'One Shell'.

Despite 11% Increase, Hempel Results Disappoint

Despite a new volume record in 2003 and an 11 percent improvement of net profits before extraordinary items, Hempel's CEO Ditlev Engel is not fully satisfied with the Group result. The major fall in the dollar is the reason that the Group was unable to live up to its own expectations for greater progress. Hempel is now to focus even more on a new balanced strategy. Hempel set a new volume record in 2003 with a total paint sales of 191 million liters

ABS Forms Greater China Operating Division

ABS announced a major organizational change with the creation of a fifth operating division that will be responsible for the society’s activities in The People’s Republic of China, Hong Kong SAR and Taiwan. The reorganization takes effect 15 October. The Divisional Headquarters will be located in Shanghai where ABS already maintains a large engineering, survey and administrative office. Adam Moilanen has been appointed President of the new ABS Greater China Division

Drydocks World Holds Workshops For Key Executives

Dubai, UAE, January 25, 2011: Drydocks World outlined and discussed the strategic vision, short and long term commercial and operational strategy to adapt to market conditions, at workshops for senior officials and key executives of its subsidiary companies recently. These were organized in Dubai, Singapore and Indonesia. The move to build new business strategies was arrived at after an extensive review of the company’s resources including human capital and consolidated finances and

ST1 Reduces Availability Costs for Ohio Class Submarines

Submarine Team One (ST1), Team Submarine’s cross-organizational group tasked with reducing submarine maintenance costs, has continued its efforts by pushing for the removal of bore sand from Ohio Class submarine's main propulsion shafts during availabilities. In previous Ohio Class maintenance availabilities, the propulsion shaft was removed from the submarine, restored by the shipyard, refilled with bore sand, and then re-installed

Tamburrino is New NAVSEA Executive Director

Vice Adm. Philip M. Balisle, commander, Naval Sea Systems Command (NAVSEA), announced the selection of Pat Tamburrino as the organization's new Executive Director - NAVSEA's senior civilian position. "Pat brings experience doing business with and among the Pentagon senior leaders - both Flag and SES," said Balisle. "He has a solid background in the intricate workings of the Pentagon, NAVSEA and the Program Executive Offices- from both an organizational and programmatic point

Heidenreich Marine Implements New Organizational Structure

Heidenreich Marine plans to implement a new organizational structure. The purpose of the new structure is to better serve the company's existing customers and pool partners and to facilitate Heidmar's growth in oil transportation and related industries. A new parent company, which will be called Heidmar Inc. will be formed to provide oversight of all the Heidmar companies and to manage the strategic growth of the organization

President Bush Presents MSC Executive Director with Civil Service Award

Richard S. Haynes, executive director of the U.S. Navy’s Military Sealift Command, was recognized by President Bush at an afternoon ceremony at the White House. Haynes and 45 other Senior Executives Service members received the nation’s highest civil service award ­- the 2007 Presidential Distinguished Rank Award. Less than one percent of the 7,550 members of the senior executive workforce who exemplify the ability to lead change and people; meet organizational goals;