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 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
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'.
Per Wullf will succeed Fredrik Halvorsen (leaving to join technology venture Ubon Partners) as Chief Executive Officer of Seadrill Management Limited. Wullf has worked for Seadrill since February 2009 as Executive Vice President and Chief Operating Officer. Prior to Seadrill, he held several senior positions in Maersk, most recently as Managing Director of Maersk Contractors in Norway. He has 33 years of experience in the drilling industry
Huntington Ingalls Industries’ (HII) board of directors has elected Kellye Walker to serve as corporate vice president and general counsel and Charles R. “Chuck” Monroe Jr. to serve as corporate vice president, associate general counsel and secretary. These organizational changes are effective Jan. 12, 2015. As corporate vice president and general counsel, Walker will report to HII President and CEO Mike Petters and will have overall leadership responsibility for
Port of Seattle CEO Ted J. Fick presented a blueprint for his vision for leading the organization, announcing a realignment that aims to grow operations and increase jobs throughout the region and state by promoting economic development and advancing the port’s Century Agenda. Organizational changes include the creation of an office for strategic initiatives, as well as a new economic development office to encompass a number of existing functions such as real estate
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 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
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
Mitsubishi Heavy Industries, Ltd. (MHI) to form a company dedicated to its marine machinery & marine diesel engine business as from October 1, 2013. The new entity, which will be headquartered in Nagasaki and have business bases in Nagasaki, Kobe, and Tokyo, will handle development, design, marketing, after-sales service, and licensing activities for marine machinery and diesel engines. Marine related procurement and manufacturing will continue to be handled by MHI and partner companies
Borets, a company in engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has named David Langley as North American HSE manager. Based at Borets’ U.S. corporate office in Houston, Langley will be responsible for developing and implementing safety
Continuous Improvement (CI) is a term we hear a lot lately. Sadly, despite knowing the term and possibly even applying CI principles to some aspects of operations, CI principles are infrequently applied to in-house job and familiarization training. This is a mistake.
As part of the organisational changes announced last year, Maersk Line has shifted its Asia head office to Hong Kong from Singapore, reducing the number of regional offices to seven from eight. Maersk's two Asia regions, Asia Pacific and North Asia (China, Korea and Japan)
Israel’s shipping firm ZIM Integrated Shipping Services has launched an extensive program aimed at changing its organizational structure. The change is based on the company's business plan to focus on profitable trade areas in which ZIM enjoys competitive advantage.
Stricter limitations on sulphur emissions (SOx) will pose many challenges to ships operating in Emission Control Areas (ECAs). If not handled with care, switching from Heavy Fuel Oil to Marine Gas Oil can put equipment at risk and increase operational costs
In an announced effort to improve its financial results through a more competitive cost structure, Odfjell SE began a review of all aspects of its business model in May 2014 targeting organizational changes to increase competitiveness in the chemical tanker market.
The White House said on Tuesday there has been no change in the U.S. ban on crude oil exports, responding to a question about whether an impending change might be behind price moves in oil markets. "There has been no change in regulations regarding crude oil exports
Khamis Juma Buamim, Chairman of Drydocks World Group and Maritime World participated in the "Annual Offshore Support Journal Conference" held from February 17th to 19th 2015, in London. The conference saw good participation from key global and regional speakers in the marine
MOL President, President, Koichi Muto reported that the performance of the company was slack. Muto reported, "I am sad to report that our business performance fell short, and we could not achieve our initial target of ¥70 billion in consolidated ordinary income
The members of the American Waterways Operators (AWO), the national trade association representing the tugboat, towboat and barge industry, elected a new slate of leaders during its Spring Convention held recently in Washington, D.C.
As the 2015 Antarctic Treaty Consultative Meeting (ATCM) opens today in the Bulgarian capital, the Antarctic and Southern Ocean Coalition (ASOC) urged the ATCM to take action to promote the crucial importance of climate-related Antarctic research and its role in the Earth’s
Only about one third of shipping companies were aiming for energy savings of 5 percent or more, suggests the new DNV GL Energy Management study. It is based on the input of 80 shipping companies and includes ship managers, owners and operators in 24 countries.
Some 50% of crews working on offshore support vessels are willing to compromise safety rather than say ‘no’ to clients or senior management, while nearly 80% believe commercial pressures could influence the safety of their working practices.
Naming and organizational changes are underway in the Ulstein Group companies in the Netherlands. As of August 1, 2015, the ship design company Ulstein Sea of Solutions has been renamed Ulstein Design & Solutions BV (UDS BV), while the equipment company Ulstein Idea Equipment Solutions has
Øistein Jensen has been appointed as new Chief of Staff at Odfjell, commencing in his new position from February 29, 2016. Jensen is a Norwegian citizen and presently holds the position as Director at PwC. He is a graduate of the Royal Norwegian Naval Academy and has among other