Heidenreich Marine Implements New Organizational Structure

Monday, April 08, 2002
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. Per Heidenreich, currently the President of HMI, will become the Chairman and CEO of Heidmar. Charles Tammara, who is currently a Vice President and CFO of HMI, will become an Executive Vice President and CFO of Heidmar.

Timothy Brennan, who has been with HMI for almost ten years and is currently a Vice President and General Manager of Chartering and Operations, will become the new President of HMI. HMI will continue to be responsible for the commercial management for all vessels under Heidmar's commercial control and will continue to serve as the general agents for the Star Tankers Pool and the Dorado Tankers Pool.

All "Information Technology" activities within the Heidmar group will be consolidated into one company, which will be called Heidenreich Innovations Inc. Fritz Heidenreich, who is currently HMI's Vice President of Information Technology, will become the President of HII.

In addition to providing shipowners with Q88.com and QBulk.com, HII will also market its Vessel Management System as QFleet.com, which will provide shipowners, ship managers and charterers with a web-based program that calculates voyage results, maintains voyage statistics, keeps track of vessel positions and provides real-time voyage information.

Timothy Brennan, Fritz Heidenreich and Jerry Townsend, the Managing Director of the Star Tankers Pool, will also become Executive Vice Presidents of Heidmar Inc.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Unique Technologies Improve Port Security

Practical results from the SUPPORT (Security UPgrade for PORTS) project, coordinated by BMT Group Ltd. and part-funded by the European Commission’s FP7 Security

CMM Takes Delivery of Damen PSV for Brazil

New supplier CMM Gravity to start on long-term contract with Petrobras. CMM has taken delivery of a Damen Platform Supply Vessel 3300. The 80-meter, 3,300t deadweight

Ship as Lifeboat Concept Disputed by ICV

A recent meeting at the National Transportation Safety Board in Washington, D.C. (attended by International Cruise Victims (ICV) Board representatives) discussed

Finance

BIMCO: Positive Economic Developments Benefits Shipping

The recovery of the Eurozone continues as job creation returns across the region. The hiring of more staff indicates that manufacturing and service industries believes

Korean Prosecutors Raid Home of Ferry's Owner

Prosecutors investigating the fatal sinking of a South Korean ferry have raided the home of Yoo Byung-un, the head of a family that owns the Chonghaejin Marine Co.

UK Subsidises 8 Renewable Energy Contracts

The British government on Wednesday awarded investment contracts under a new subsidy regime to eight renewable energy projects, including five offshore wind farms and three biomass plants.

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Pipelines Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0891 sec (11 req/sec)