ABS Elects New Council and Committee Members
At the 151st Annual Meeting of the Members of ABS, and the subsequent meeting of the ABS Council, industry leaders were elected to serve on a number of bodies that contribute to the operation of the classification society as it fulfills its mission of promoting the security of life and property and preserving the natural environment. "ABS' strength as a global classification society is drawn from its membership and the many regional, national and technical committees that contribute to the process of developing practical, impartial and authoritative standards," said ABS Chairman Robert D. Somerville. • Robert G. • James G. • Maria F. • Chow Yew Yuen, Keppel Offshore & Marine USA Inc. • Dr. Jen-Hwa Chen, Chevron Shipping Co. • Dr.
R. STAHL acquires Tranberg AS
R. STAHL AG and the shareholders of Tranberg AS of Stavanger, Norway have entered into a contract of sale transferring title to the enterprise to R. STAHL Technologies with effect of 1 October 2006. The purchase price remains undisclosed. The Norwegian company develops, manufactures, and distributes lighting and signal systems used in ship building and on helicopter landing decks in addition to producing explosion protected heating and control systems for industrial applications. Tranberg employs 60 persons at its Stavanger site and realised some EUR 1m EBT on 2005 sales of EUR 10m. Thanks to the resulting synergy potential, management expects additional global sales growth in the medium term.
