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
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%.
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
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
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.
Christina Anagnostara has served as Chief Financial Officer and Board member in Global Oceanic Carriers Ltd (GO Carriers), a dry bulk shipping company listed on AIM of the London Stock Exchange, since February 2007. She has over 14 years of experience in consulting, auditing and financial services. In the last eight years, prior to joining GO Carriers, she has held a senior management position in EFG Audit & Consulting services, the auditors of the based EFG Group
Wilhelmsen Technical Solutions has strengthened its senior management team with the appointment of Philip Bannerman as Vice President, Americas Region. Bannerman has been with the Wilh. Wilhelmsen Group since 1997 in a number of sales and marketing roles, most recently as Regional Sales Director of Wilhelmsen Ships Service in the Americas. Wilhelmsen Technical Solutions has been especially successful in the cruise sector in delivering its Energy Management Technologies (EMT)
Moore Stephens has further strengthened its regulatory advisory capability with the appointment of John Westlake as compliance manager. John Westlake has a broad perspective of the insurance industry acquired through a variety of roles, which has enabled him to support insurers and brokers in establishing effective compliance solutions. He has a strong commercial background, having acted as operations director with a personal lines insurer
One of the largest privately held stevedore firms in the U.S. Gulf Coast region, announce the appointment of Kevin Bourbonnais as Chief Executive Officer. An experienced senior executive, Bourbonnais was most recently Chief Operating Officer of USA Compression Partners, a market-leading provider of contract compression services to the oil and gas industry. Prior to joining USA Compression Partners, he held various other senior management positions at Exterran
FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust (FSL Trust) has generated a profit of $1 million for the 2Q of the 2014 financial year. This profit compares to a $7.2 million loss for the 2Q’s corresponding previous year
In the first issue its 'Perspectives' online magazine DNV GL’s Graham Bennett points out that the Macondo incident has cast a spotlight on well control standards and the need for more consistency in training. Offshore oil and gas activities are not, by nature, inherently safe
The Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, recognized Holland America Line and Seabourn’s Kelly Clark for the second consecutive year in its “2014 Attorney’s Who Matter” list of lawyers in the
Tundra Group is delighted to announce the addition of the former Senior Company Security Officer (CSO) of Bernhard Schulte Shipmanagement (BSM), Captain Ulrich Ganz, to their Senior Management team. An Ex-Master and Marine Superintendent with over 30 years’ experience which
The Board of Directors of The Great Eastern Shipping Company Ltd (G E Shipping) will meet on Wednesday, 7th May 2014, to consider Unaudited Results (Provisional) for the quarter ended 31st March 2014. An Earnings Call has been scheduled at 04:30 pm (IST) on Wednesday, 7th May
Dorian LPG Ltd. opened the New York Stock Exchange (NYSE) on Friday, May 9, 2014. The company’s senior management members and directors stood on the NYSE balcony as Dorian CEO, John Hadjipateras rang the bell. The bell ceremony followed the company’s New York Stock Exchange pricing on
Workers at Kenya's main port of Mombasa stopped operations for hours on Thursday, demanding more pay and paralysing dock work at the region's main gateway, union and management officials said, with the possibility of more disruptions this week.
Thome Ship Management has added to its senior management tier by appointing Steen Nygaard Madsen as Chief Operating Officer (COO) for the Thome Ship Management Tanker Fleet. Madsen will take up the position on June 1 this year, bringing with him experience in running ships
Siemens informed that with effect from July 1, 2014, Janina Kugel will assume the position of Chief Diversity Officer (CDO) for Siemens AG in addition to her current responsibilities as Head of Personnel Strategy and Executive Development.
Manager and operator of Khalifa Port Container Terminal, Abu Dhabi Terminals (ADT), says it has signed a contract with Borouge, a leading provider of plastics materials, to design, construct and operate a state-of-the-art packaging facility for Borouge’s export products at Khalifa Port.
Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), announce the appointment of Steve Kennedy as Head of Corporate Property and Inland Marine Claims, replacing Tony Clark who retired at the end of January 2014
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that it has entered into an agreement to purchase shares of the common stock of Diana Containerships Inc. for an aggregate purchase price of $40 million.
Greece-based Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has reported net income of $0.6 million for the second quarter of 2014, compared to a net loss of $5.0 million for the respective period of 2013
Fortis Inc. will hold an Investor Day on Wednesday, October 1, 2014, in Toronto, Ontario. Barry Perry, President and incoming Chief Executive Officer, Fortis, along with the Corporation's Executive Vice Presidents and members of the senior management team
The Board of Directors of AziPac Ltd. have appointed Mr Frank Inouye as Managing Director, with immediate effect. Frank brings over 34 years of industry experience to AziPac and the wider Azimuth and Seacrest Group. He has worked extensively in Australia, Asia, North Africa