Rick Kane has been appointed as President of Rolls-Royce's new Marine Electrical Systems business. Kane was formerly President and Chief Executive of Raymarine Ltd, created when he led the management buy-out of Raytheon's recreational marine electronics business.A graduate in business studies from Suffolk University, Boston, MA, Kane initially spent nine years as a Supply Corp officer with the United States Navy before commencing his industrial career as a consultant with KPMG. Subsequently he has gained senior management experience in a number of companies including General Electric (aerospace), Ingersoll-Rand (construction and mining) and Raytheon (aerospace and marine).
International subsea equipment solutions specialist Ashtead Technology has added to its management team with the appointment of Tim Sheehan as commercial director. The appointment, which is a new position, comes as part of the company’s strategy to expand its global service offering which includes rental equipment, calibration, repair and maintenance, offshore personnel and bespoke engineered solutions. With more than 30 years of subsea industry experience, Mr
Dampskibsselskabet NORDEN A/S has hired Christian Vinther Christensen as new head of the Dry Cargo Department. Christian Vinther Christensen takes up his new position January 1, 2017 and becomes part of Senior Management reporting to CEO Jan Rindbo. He brings with him 16 years of experience from the dry cargo operator Western Bulk. He is shipping educated at Maersk, where he, prior to his employment at Western Bulk
With stakeholder expectations of operational performance in hazardous industries ever increasing, operational risk management is a board level challenge. Petrotechnics today announced the launch of Proscient, its Operational Performance & Predictive Risk software platform. It provides senior management in hazardous industries the ability to reduce risk, optimize performance and drive continuous improvement across their global operations.
Friede Goldman Halter filed with the bankruptcy court a motion to reject the two contracts for the construction of the two Amethyst offshore drilling rigs for Petrodrill. The company, in a statement, said that these highly unprofitable contracts caused substantial losses to FGH, and led to the company's recent Chapter 11 filing. FGH has also taken further cost-cutting measures, announcing that all senior management members have taken substantial salary cuts, in come cases as high as 40%.
Levels of sound enterprise and business risk management are currently satisfactory in the shipping industry, a new survey from Moore Stephens has revealed. But the international accountant and shipping adviser warns that companies that fail to embed effective risk management procedures into their daily activities are likely to pay a high price in today’s tightly regulated and highly competitive industry.
Corvus Energy has appointed Halvard “Hal” Hauso as executive vice president of sales and marketing. Hauso brings more than 30 years of industrial marine business development experience to this role, most recently serving six years as senior vice president at Rolls-Royce Marine, leading the power electric system department and as CEO at Scandinavian Electric Systems before it was bought by Rolls-Royce.
Sloane to oversee operations in Europe, the Middle East and Africa as Resolve Marine Group expands global response presence Senior Salvage Master Nick Sloane has joined the senior management team at Resolve Marine Group., aiming to help guide the global growth of the marine services company. The news comes just months after Resolve opened its operations in Gibraltar, expanding its emergency response capabilities to Europe, the Middle East and Africa.
China Rongsheng Heavy Industries & DNV sign classification agreement for 10 Suezmax bulk ships China Rongsheng Heavy Industries has signed a classification agreement for ten157,000 DWT suezmaxes and a senior management conference was also held in conjunction with this agreement. China Rongsheng and DNV have had a strategic partnership for some years. The newly-signed classification agreement for the ten 157,000 DWT suezmaxes not only strengthens the partnership between the two parties
New Regional Director Sytze Voulon appointed for Imtech Marine North West Europe. As per February 20, 2012 Imtech Marine has appointed Mr. Sytze Voulon to the position of Regional Director North West Europe (Rotterdam). Mr. Voulon (47) has held several senior management positions in the international maritime industry. He started, after his studies of maritime business at the HTS in Rotterdam, at Mobil Oil in The Netherlands
Cavotec SA's previously announced strategic plan and new organisational structure — based on two distinct Business Units (BU), Ports & Maritime and Airports & Industry — entered into effect on January 1, 2017.
The Board of Directors of Great Lakes Dredge & Dock Corporation the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced today that Ryan Levenson has been appointed to the Board of Directors
Classification society the Korean Register (KR) has elected Lee Jeong-kie as its new Chairman and CEO. Lee assumes the role of Chairman and CEO, following the death of B. S. Park, who passed away after a short illness in October 2016.
Seaspan’s Vancouver Shipyards has appointed Tony Tinto to Vice President, Planning & Estimating. Tony joined Vancouver Shipyards (VSY) in 2006 as a Project Manager, before moving over to affiliate company Vancouver Drydock in 2007 in a similar capacity
Braemar Shipping Services PLC reported a sharp decline in pretax profit for the first half of its financial year on Tuesday, hit by difficult conditions in a number of its key end markets, reports Alliance News. In August, Braemar warned its results for the year to the end of
International Container Terminal Services, Inc. (ICTSI) formally opened the first phase of its new greenfield terminal development at its Basra Gateway Terminal in the North Port, Umm Qasr, Iraq. The official inauguration of the new facility marks the implementation of the first entirely
Not enough companies in the shipping industry are following joined-up risk management procedures, according to international accountant and shipping adviser Moore Stephens. The second annual Moore Stephens Shipping Risk Survey revealed a fall, when compared to last year
French container shipper CMA CGM received Manuel Valls, Prime Minister of France, the CMA CGM Tower, Group headquarters in Marseille, Friday September 9. The Prime Minister was accompanied by Emmanuelle Cosse, Minister for Housing and Sustainable Habitat
Deck machinery specialist ACE Winches said it has been awarded a spooling contract with Vard Group AS for Norway’s largest construction vessel. The scope of work includes the spooling of two 3,500 meter ROV umbilicals, the spooling of a crane boom wire and aux wire, including 3
Grand Bahama Shipyard Limited (GBSL), a Caribbean shipyard providing retrofit, refurbishment and revitalization to cruise and commercial vessels, has added four new positions to its executive team in 2016. Taking up the new executive positions are Ian Edward Ross, Don Keirce
In a move to strengthen its senior management structure, The Indian Register of Shipping (IRClass) has made significant changes at its top level. As a part of its organizational restructuring exercise, IRClass has decided to realign the position of Chairman and Managing Director and create two
Inchcape Shipping Services (ISS), the world's leading maritime and logistics service provider, is introducing a new Partner Solutions initiative to develop and deliver added value for customers across the globe. ISS Partner Solutions will focus on the company acting as a sub-contractor to new
Michael Lempke has been appointed vice president of energy programs for Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, succeeding Pete Diakun, who will retire at the end of the year after 31 years of service.
Maritime environmental and logistics industry expert Thomas A. Jelenić joins Pacific Merchant Shipping Association (PMSA) as Vice President, the trade association announced today. Jelenić will work in PMSA’s Long Beach office as of June 13, 2016.
Mads Peter Zacho, Chief Financial Offer at TORM, has resigned to become Chief Executive Officer at J. Lauritzen A/S. Mads has been with TORM since 2013 and will remain with the company for a transitional period to effect an orderly handover of his responsibilities, TORM said.