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Chief Administrative Officer News

10 Apr 2024

Red Sea Crisis Forces Operators to Use More Containerships, Adding to Emission Concerns

Ā© eyewave / Adobe Stock

The shipping industry's pledge to limit its carbon footprint may suffer a setback as the current Red Sea crisis prompts it to use more vessels and take longer routes to ensure the smooth sailing of global maritime trade.Iranian-backed Houthi militants' attacks on vessels passing through the southern Red Sea have choked trade through the Suez Canal, driving many container shipping companies to add 10-14 days to the voyages between Asia and Europe and add more vessels.The disruptionā€¦

21 Jun 2022

Old is Gold: Sky-high Cost of Ageing Containerships Sounds Inflation SOS

Ā© STOCKSTUDIO / Adobe Stock

Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel already rampant inflation for years to come.The disruption to world trade caused by pandemic lockdowns and a shortage of new cargo vessels has pushed freight rates for ageing containerships to record highs.Cashing in on the boom, shipping firms are locking in long-term leases lasting three to four years, which means consumers could carry on paying the price for the surge in costs until hundreds of new ships on order come into service.Take the Synergy Oaklandā€¦

28 Oct 2019

Nike Takes Arctic Shipping Pledge

Nike and Ocean Conservancy are encouraging businesses to avoid shipping routes via the Arctic Ocean, with the launch of an ā€˜Arctic Shipping Corporate Pledge.'As climate change causes Arctic sea ice to diminish, cargo traffic through previously unnavigable ocean routes becomes increasingly feasible. Though these routes can offer decreased transit times, the possibility of increased vessel traffic across the Arctic poses great risk and potentially devastating environmental impacts for one of the worldā€™s most fragile regions.ā€œAt Nike, we exist to serve athletes. That means taking climate action through Move to Zero, Nikeā€™s journey towards a zero carbon, zero waste future,ā€ says Hilary Krane, EVP, Chief Administrative Officer and General Counsel, Nike, Inc.

19 Sep 2019

ESG Launches Z-Drive Tug for Bisso Offshore

Photo courtesy of ESG

Eastern Shipbuilding Group, Inc. has announced the launching of the first of two (2) 80ā€™ 5,100 HP Z-Drive Tugs. The C.D. WHITE for Bisso Offshore, LLC, a division of E.N. Bisso & Son, Inc., launched on August 22, 2019. A RAL RApport 2400 Z-Drive Ship-handling Tug design was provided by Robert Allan Ltd located in Vancouver, Canada. The C.D. White is currently under construction at Easternā€™s Allanton facility, along with a sister vessel, the A. THOMAS HIGGINS. The C.D. WHITE isā€¦

30 Jun 2019

Massport Board Appoints New CEO

The Massachusetts Port Authority (Massport) picked its port director, Lisa Wieland, to be its next Chief Executive Officer(CEO), bypassing the other finalist, a member of the city's power elite, for one of the most influential public-sector jobs in the state.Board of Directors voted to offer Wieland the position of CEO and Executive Director for a five-year term. Contract negotiations will occur at a later date.The search firm Isaacson, Miller sought a diverse candidate pool for the position and more than 100 applications were received. Members of the Boardā€™s Preliminary Screening Committee interviewed 10 semifinalists, of which five were women and three were people of color.

29 Mar 2019

DSC Dredge Names Bolling VP & CAO

Christina Bolling, Vice President and Chief Administrative Officer (CAO) of DSC Dredge, LLC

Christina Bolling has been named Vice President and Chief Administrative Officer (CAO) of DSC Dredge, LLC.She was promoted after serving five years as DSC Dredge Corporate Human Resources Director for DSC headquarters and two production facilities in Greenbush, Michigan and Poplarville, Mississippi. Bollingā€™s background experience of Human Resources, Leadership Development and Operations provide substantial knowledge and expertise as she reinforces each DSC departmentā€™s performance to be the best of their abilities.DSC is a global leader in the dredge manufacturing industryā€¦

20 Jun 2017

Seaspan Names Hale Chief Administrative Officer

Brent Hale (Photo: Seaspan)

Seaspan ULC (Seaspan) has appointed Brent Hale as Chief Administrative Officer (CAO). Brent joined Seaspan in June 2015 as Vice President - Human Resources (HR). In this capacity Brent led the strategic reorganization of HR at Seaspan - implementing new HR and Labor Relations initiatives that facilitated rapid growth across the enterprise while significantly improving quality and efficiency. In his new role as CAO, Brent is accountable for leading Seaspanā€™s Corporate Shared Services, while continuing to be a member of the Executive Leadership Team.

13 May 2016

Hundreds Show Support for SUNY Maritime

More than 500 people attended SUNY Maritime Collegeā€™s annual Admiralā€™s Scholarship Dinner to honor Tom Higgins, chief administrative officer of First Data, and astronaut Capt. Scott Kelly. ā€œBoth of these men have achieved extraordinary heights,ā€ said Rear Adm. Michael Alfultis, college president. Higgins, a member of the collegeā€™s class of 1980, was the eventā€™s honoree. He leads First Dataā€™s version of homeland security operations, including cyber security, physical security, business resiliency and crisis management. He spent more than 20 years working for the federal government. A Navy veteran, throughout his career Higgins has been an active advocate for veterans support and employment programs.

28 Dec 2015

Survival of Fittest for 2016 Commodity Shippers

Downturn in dry freight market started in 2008; more ships expected to hit the water next year. Shipping companies that transport commodities such as coal, iron ore and grain face a painful year ahead, with only the strongest expected to weather a deepening crisis caused by tepid demand and a surplus of vessels for hire. The predicament facing firms that ship commodities in large unpackaged amounts - known as dry bulk - is partly the result of slower coal and iron ore demand from leading global importer China in the second half of 2015. The Baltic Exchange's main sea freight index - which tracks rates for ships carrying dry bulk commodities - plunged to an all-time low this month.

20 Nov 2015

Dry Bulk Shipping Record Low a Warning for Global Economy

A slump in dry bulk shipping is set to worsen as the meltdown in global commodities and too many ships free for hire rock the sector used by investors to gauge the health of world trade. Slower coal and iron ore demand from China - the world's biggest industrial importer - have battered the dry bulk sector, already in the midst of its worst ever downturns that is expected to extend well into next year. This week the Baltic Exchange's main sea freight index , which tracks rates for ships carrying dry bulk commodities and seen by investors as a forward-looking indicator of global industrial activity, plunged to an all-time low. A slump in oil and other commodity prices, due to slowing Chinese demand, has widely been seen as one of the reasons for U.S.

24 Dec 2014

Expanding Operations Demand Robust Fleet Management Solution

As technology needs penetrate the growing offshore sector, Harvey Gulf will depend on Advanced Logisticsā€™ software to support its expanding fleet deployments. When offshore heavyweight Harvey Gulf International Marine deployed Advanced Logisticsā€™ marine management system, SAMM, and preventative maintenance module, Preventer, on its fleet of marine transportation vessels, it signaled a firm commitment from one of the fastest growing ā€“ and highly regarded ā€“ U.S.-flag marine operators to ramp up its IT profile. Louisiana-based Advanced Logistics LLC, a provider of offshore marine and logistics management software, caters largely to the oil & gas sectors.

11 Dec 2014

Chevron Takes Cummings on Board

Chevron Corporation informed that Alexander B. Cummings Jr. has been elected to Chevron's board of directors, and he will serve on the company's Audit Committee. John Watson, chairman of the board and chief executive officer of Chevron said, "Mr. Cummings is a proven business leader who brings international experience and a global outlook. Cummings, 58, is executive vice president and chief administrative officer of The Coca-Cola Company, where he oversees a variety of functions including legal, human resources, community engagement, strategic planning, information technology, sustainability, security and aviation, research and development, product integrity, innovation, and procurement. He joined Coca-Cola in 1997 as region manager in Nigeria.

12 Nov 2014

Harvey Gulf Makes Software Investment

Harvey Gulf International Marine recently deployed Advanced Logisticsā€™ marine management system SAMM and preventative maintenance module Preventer on its fleet of marine transportation vessels. The software allows a vessel to generate operational reports onboard and transmit the data to shore in real time. The technology includes electronic logs, safety and crew management, commodity tracking, fuel and lube management, GPS mapping, preventative maintenance and more, coupled with an interactive web based interface for easy access to data.

18 Jun 2014

Alfultis Appointed President of SUNY Maritime

Dr. Michael A. Alfultis

Dr. Michael A. Alfultis, a retired U.S. Coast Guard captain, and the director and chief administrative officer of the University of Connecticutā€™s Avery Point campus, has been named as the next president of the SUNY Maritime College. Dr. Alfultisā€™ appointment was affirmed today by the SUNY Board of Trustees who met in Buffalo. He will begin his Maritime presidential duties on Monday, July 14. With more than 20 years of undergraduate teaching experience and 13 years of progressive academic administrative responsibility at both military and civilian institutions of higher educationā€¦

17 Apr 2014

Among 2014's Most Powerful & Influential Women: Karen Jones

Karen Jones: Photo Ryder

Commercial transportation and supply chain management firm Ryder System Inc. say that their Chief Marketing Officer, Karen Jones, was named one of 2014ā€™s Most Powerful & Influential Women by the Florida Diversity Council. Ms. Jones was presented with the award at the 2014 Florida Diversity & Leadership Conference, held at the Rosen Plaza Hotel in Orlando, Fla. ā€œBeing inclusive of people with different backgrounds and experiences who can bring innovative perspectives to Ryderā€™s business helps us to improve the effectiveness of our solutionsā€¦

19 Sep 2013

GulfMark Offshore Elects Two New Board Members

GulfMark Offshore, Inc. (NYSE:GLF) has announced the election of Steven W. Kohlhagen and Charles K. Valutas to its Board of Directors for terms expiring in June 2014. Steven W. Kohlhagen is a retired financial executive who brings to the Board expertise in financial accounting, finance and risk management through his extensive experience in, and knowledge of, the financial, securities and foreign exchange markets. He has held various positions in the private sector, including investment banking, asset management, and most recently as a consultant with AMETEK, Inc. He currently serves on the Board of Directors, the Business and Risk Committee and the Compensation Committee of Freddie Mac. He also serves on the Boards of Directors for Abtech Holdings, Inc., Reval Inc.

11 Mar 2013

Intelsat Announce Numerous Executive Appointments.

Photo: Intelsat

Intelsatā€™s Board of Directors elected Dave McGlade, currently Deputy Chairman and Chief Executive Officer, to the position of Chairman and Chief Executive Officer, effective April 1, 2013. Mr. McGlade has served as the Company's Chief Executive Officer for eight years. Mr. McGlade has appointed Stephen Spengler to the position of President and Chief Commercial Officer, effective March 18, 2013, a new role for the Company. Mr. Spengler has been with Intelsat in various executive positions since 2003, most recently serving as Executive Vice President, Sales, Marketing and Strategy. Mr.

11 Jan 2013

Greene's Energy Group Names Farnsworth CFO

Brad Farnsworth

Greeneā€™s Energy Group (GEG), a provider of integrated testing, rentals and specialty services, has named Brad Farnsworth as Chief Financial Officer, announced Chief Executive Officer Bob Vilyus. Based in Houston, Farnsworth will report to the CEO and assume a strategic role in overall company management. He will take on the daily role of planning, implementing, managing and controlling all financial-related activities of the company. This includes direct responsibility for accountingā€¦

01 Aug 2011

Rowan Elects Two New Executive Officers

Rowan Companies, Inc. (NYSE: RDC) announced that Thomas P. Burke has been appointed to serve as the Company's Chief Operating Officer, and Melanie M. Trent has been appointed to serve as Senior Vice President, Chief Administrative Officer and Corporate Secretary. Burke, who joined the Company in December 2009, previously served as the President and Chief Executive Officer of the Company's manufacturing subsidiary, LeTourneau Technologies, Inc., which was sold to Joy Global in June 2011. Prior to such time, he was employed by Complete Production Services, an oilfield services company, as a Division President from 2006 to 2009, and as Vice President Corporate Development from 2004 to 2006. Before joining Complete Production, Mr.

19 Aug 2004

General Maritime Corporation Appoints Pribor as CFO

General Maritime Corporation announced that it has appointed Jeffrey D. Chief Financial Officer. Mr. 1, 2004. Mr. Vice President, Chief Administrative Officer, Treasurer and Secretary. Peter C. stated, "We are delighted to welcome Jeff to General Maritime. as a premier tanker company. Mr. markets, shipping and legal experience. Mr. the bank's shipping, offshore, logistics and energy clients. Mr. ABN AMRO Inc. America. Prior to that, Mr. Transportation and Logistics Investment Banking for ING Barings. of Milbank, Tweed, Hadley and McCloy. Mr. and Political Science from Yale University. from Columbia University. Mr. reputation for delivering strong results to both shareholders and customers. disciplined manner.

08 Mar 2006

Port of NY/NJ Sets Record, Announces Security Initiatives

International cargo volumes in the Port of New York and New Jersey hit record levels in 2005, New Jersey Governor Jon S. Corzine, Port Authority Chairman Anthony R. Coscia and Port Authority Vice Chairman Charles A. Gargano said today as they revealed new port security initiatives, including a public-private task force and a demonstration of technology to enhance security at the East Coastā€™s largest seaport. Containerized cargo volumes in the Port of New York and New Jersey rose 7.6 percent in 2005 to a new record high, continuing to exceed the authorityā€™s projected cargo growth levels. The dollar value of all cargo moving through the port exceeded $132 billion for the first time, up 15.6 percent from 2004.

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