VT Halter Marine Names Socha Senior VP
U.S. shipbuilder VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has appointed Robert A. Socha as Senior Vice President of Business Development and Estimating, effective January 30, 2017. In his role, Socha is responsible for overall management and leadership of the company’s business development and estimating departments. He will work closely with other corporate functions, including departments of engineering, production control, production…
Fugro’s Heine Joins IMCA Board
The International Marine Contractors Association (IMCA) has confirmed the appointment of Mark Heine to its governing board. Heine is a senior executive with Fugro. Heine is a member of the Management Board of Fugro and is the Director of the Marine Division. He has been with Fugro since 2000, and has served, amongst others roles as Director of Marine, Survey & Geotech, and Regional Manager Europe-Africa for the Survey Division. He holds an MSc in Geodetic Engineering from Delft University of Technology.
New CEO at CMA CGM
Rodolphe Saadé is the new chief executive of container shipping line CMA CGM, taking over the role previously held by his 80-year-old father. The top spot at CMA CGM Group has been passed from one generation to another. Jacques Saadé announced on his 80th birthday that his son Rodolphe Saadé would take over as the French shipping line’s next chief executive officer. Jacques Saadé, who founded the company 1978, will remain chairman of the board of directors. Previously executive officer, Rodolphe Saadé has been with CMA CGM since 1994.
USCG Awards Polar Icebreaker Contracts
The U.S. Coast Guard awarded five firm fixed-price contracts for heavy polar icebreaker design studies and analysis Wednesday. The contracts were awarded to the following recipients: Bollinger Shipyards, LLC, Lockport, Louisiana; Fincantieri Marine Group, LLC, Washington, District of Columbia; General Dynamics/National Steel and Shipbuilding Company, San Diego, California; Huntington Ingalls, Inc., Pascagoula, Mississippi; and VT Halter Marine, Inc., Pascagoula, Mississippi. The combined total value of the awards is approximately $20 million.
Murphy Takes Up Role as Chief Executive of IBIA
The International Bunker Industry Association (IBIA) has introduced its new Chief Executive, Justin Murphy, who akes up his new position from February 13, 2017. From 2013 to 2015, Murphy was CEO of Brightoil Shipping, Singapore and Executive Director at HKSE listed Brightoil Petroleum (Holdings) Ltd, an Energy conglomerate with bunkering and ship owning divisions. Prior to that, Murphy held director and board positions at several firms involved in shipping, including Teekay, AET, and a stint as head of shipping at Macquarie Bank.
Vigor to Build 2 More San Francisco Ferries
Vigor said it was awarded the contract to build two additional ferries for WETA (the Water Emergency Transportation Authority) in San Francisco, Calif. The shipbuilder started constructing the first two WETA ferries in this class in spring 2015, said Tim Kolb, General Manager of Vigor Ballard. Under the latest contract, the two new hulls will be constructed at Vigor Ballard (formerly Kvichak) and the superstructure at Vigor’s Harbor Island shipyard. Designed by Incat Crowther…
First Meet of Arctic Economic Council held
A meeting of the Arctic Economic Council (AEC) was held in Saint Petersburg on the premises of SCF Arctic, a subsidiary of Sovcomflot Group (PAO Sovcomflot), on 7-8 February 2017. The meeting was attended by business community representatives from Russia, Finland, Norway, Denmark, Sweden, Canada, and the USA, as well as several organizations of indigenous peoples of the Arctic: Gwich'in Council International, Aleut International Association, Arctic Athabaskan Council, Inuit Circumpolar Association, and RAIPON (Russian Association of Indigenous Peoples of the North).
Nordic American Offshore Announces Public Offering
Nordic American Offshore (NAO) has announced an underwritten public offering of 33,333,333 common shares pursuant to the Company’s effective shelf registration statement. Morgan Stanley & Co. LLC, DNB Markets, Inc. and Skandinaviska Enskilda Banken AB (publ) are acting as joint bookrunning managers for the offering. The Company also intends to grant the underwriters a 30-day option to purchase 5,000,000 additional common shares. At the Company’s request, the underwriters have…
Eighth Lamprell Rig for NDC
Lamprell announces the completion of construction on a further jackup drilling rig, the “Al Hudairiyat”, and its delivery to Abu Dhabi’s National Drilling Company (“NDC”), within budget and as scheduled. Completion and delivery of the jackup rig was marked at an inauguration ceremony held at Lamprell’s Hamriyah facility in the U.A.E. yesterday. The rig was completed to the highest standards of quality using the latest in drilling system technology from our suppliers and will depart the facility in Q1 en route to its drilling location in Abu Dhabi.
Novatek Says No Need to Borrow More for Yamal LNG Project
Russia's largest private gas producer Novatek has no need to increase borrowing as it has sufficient funds for investments into its Yamal LNG project, the company's management said on Wednesday. At a conference call with analysts, Novatek's chief executive Leonid Mikhelson said his company has already invested $22 billion in Yamal LNG after securing borrowing on both global and domestic markets. He said Yamal LNG, a project to build Russia's second gas liquefaction plant, will receive another $6 billion in investment this year. Novatek's chief financial officer Mark Gyetvay, who was on the same call, said that the overall capital investment of Novatek is seen at 40 billion roubles ($689.42 million) in 2017. (Reporting by Denis Pinchuk; Writing by Andrey Ostroukh)
Hathon is Director Exploration, Cairn
Cairn announced the appointment of Eric Hathon as Director of Exploration. Dr Hathon, who has more than 25 years experience in the international oil and gas industry, will join Cairn from Marathon Oil Corporation where he held the position of Director Conventional Exploration, based at the company’s Headquarters in Houston, USA. Dr Hathon will succeed Richard Heaton, currently Cairn’s Director of Exploration, who is retiring after 23 years service with the company. Richard will step down from his role following Cairn’s Annual General Meeting in May 2017.
EU to rule on Maersk-Hamburg Sud Deal by March 27
EU antitrust regulators will decide by March 27 whether to clear world No. 1 shipping company Maersk Line's bid for German rival Hamburg Sud, its first major deal for more than a decade. The deal, one of several in a sector seeking consolidation to offset low freight rates and oversupply, was filed to the European Commission on Feb. 20, according to the EU executive's website on Tuesday. The EU competition enforcer can extend its review by about two weeks if Maersk offers concessions to address regulatory concerns, or it can open a five-month investigation. Copenhagen-based Maersk may have to pull out from some shipping alliances to gain EU approval, following in the footsteps of rivals, which offered such concessions to regulators in recent deals.
St. Louis Regional Freightway, New Orleans Port Sign MoU
The Board of Commissioners of the Port of New Orleans and the St. Louis Regional Freightway today entered into a Memorandum of Understanding (MOU) to exchange market and operational information with the goal of growing trade and building upon existing and new business relationships between the two regions and critical ports. The agreement also calls for joint marketing efforts to meet those objectives. The MOU is the culmination of discussions begun during a September 2016 visit to St. Louis by top officials for the Port of New Orleans.
'K' Line: Change of Executive Officers
Kawasaki Kisen Kaisha Ltd (“K” Line) announced changes to executive officers. “K” Line has promoted Senior Managing Executive Officer Kazutaka Imaizumi to the position of chairman of “K” Line India Private Ltd., Executive Officer Aka Hiraoka to counselor of “K” Line Logistics Ltd., and Executive Officer Tomoyuki Okawa to chief executive officer of “K” Line Offshore AS. Tomoyuki Okawa will provide assistance to Energy Transportation Business, in charge of Tankers, General Manager of Energy & Off-Shore Business Planning Group. Tomoyuki Okawa has joined “K” Line in 1983.
Pakistan's First Dry Bulk Terminal to Open in March
Pakistan's first dry bulk terminal will open next month and is expected to handle 3 million tonnes a year of coal imports, rising to 20 million tonnes over the next five years, the port's chief executive said on Thursday. The $285 million Port Muhammad Bin Qasim, which was built with support from the World Bank, will also be used to export cement and clinker, Sharique Siddiqui, chief executive for the Pakistan International Bulk Terminal Ltd, told Reuters at a coal conference in Cape Town. (Reporting by Wendell Roelf)
Georgia Ports mark busiest month
The Georgia Ports Authority achieved outstanding January results, with double-digit growth across all business sectors and a 26 percent increase in total tonnage. "The Port of Savannah is unrivaled in its connectivity into the heartland of the U.S. and the service excellence that port customers enjoy," said GPA Executive Director Griff Lynch. Lynch credited those supply chain efficiencies for the record 3 million tons of cargo GPA moved in January, up 623,504 tons compared to the same month a year ago.
Prosafe Taps Andresen as CEO
Semi-submersible accommodation vessels owner and operator Prosafe has made several changes to its management team. Jesper Kragh Andresen was appointed as Chief Executive Officer (CEO), and Stig H. Christiansen as Deputy CEO and Chief Financial Officer (CFO) of Prosafe Management AS. Georgina Georgiou will continue as General Manager of the parent company Prosafe SE. From 2012 and until recently, Andresen was CEO in Axis Offshore. Prior to this he was President of Lauritzen Offshore and Managing Director of J. Lauritzen Singapore.
ABS Earns EU MRV Accreditation
Greece’s National Accreditation Body recognizes ABS as EU MRV frontrunner. ABS said it was awarded accreditation by Greece’s National Accreditation Body, the Hellenic Accreditation System (ESYD), to perform assessments for European Union (EU) Monitoring, Reporting and Verification (MRV) compliance. “We are proud to be the first Class Society accredited to perform EU MRV assessments,” said ABS Chairman, President and CEO Christopher J. Wiernicki. In recent years, greenhouse gas…
ABS Takes the Lead as First Class Society to Earn EU MRV Accreditation
ABS, a leading provider of classification and technical services to the marine and offshore industries, was awarded accreditation by Greece’s National Accreditation Body, the Hellenic Accreditation System (ESYD), to perform assessments for European Union (EU) Monitoring, Reporting and Verification (MRV) compliance. “We are proud to be the first class society accredited to perform EU MRV assessments,” says ABS Chairman, President and CEO Christopher J. Wiernicki. In recent years…
14 Appointed to NOIA Board
The National Ocean Industries Association (NOIA) elected 14 industry leaders to its Board of Directors on April 21, 2016 during its Annual Meeting in Washington, DC. Gary Luquette, President and Chief Executive Officer, Franks International, N.V. Kirk Meche, President and Chief Executive Officer, Gulf Island Fabrication, Inc. Richard Morrison, Regional President Gulf of Mexico, BP America, Inc. W. Matt Ralls, Executive Chairman, Rowan Companies, Inc. Jeff Platt, President and Chief Executive Officer, Tidewater, Inc.
Keel Laid for USS Frank E. Petersen
The keel of future guided-missile destroyer USS Frank E. Petersen, Jr. (DDG 121) was ceremoniously laid Feb. 21 at Huntington Ingalls Industries shipyard. Although official construction of DDG 121 began April 2016, the keel laying symbolically recognizes the ceremonial beginning of the ship. The keel was said to be "fairly and truly laid" and was authenticated by D'Arcy Neller, the ship's sponsor, and Donald Brabston, a master Ingalls shipbuilder. "The keel laying is the symbolic first step in shaping our nation's newest destroyer," said Capt.
Malgrain Named Executive VP of Bourbon
At a meeting on November 4, Bourbon’s board of directors appointed Nicolas Malgrain as executive vice president effective December 1, 2014. He will be in charge of the group’s strategy, finance and administration. Malgrain, nominated on the proposal of the chief executive officer Christian Lefevre, will succeed Laurent Renard, who will retire effective December 31, 2014, on the executive committee. The group's executive committee now includes Christian Lefevre, Chief Executive Officer…
Transocean Ltd. Announces Management Appointments
Transocean Ltd. announced the following management appointments, effective immediately. Ricardo H. Rosa has been named Executive Vice President and Chief Financial Officer. Prior to being named to his current position, Mr. Rosa served as Senior Vice President and CFO. Arnaud A.Y. Bobillier has been named Executive Vice President, Operations Integrity, responsible for driving continuous improvement companywide. Before being named to his current position, Mr. Bobillier served as Executive Vice President, Asset and Performance. Ihab Toma has been named Executive Vice President, Operations, responsible for global business and asset and performance. He has assumed the function of principal operating officer of the company. Before being named to his current position, Mr.