University Of Illinois News

Singaporean shipbuilding group Seatrium announced it has appointed Adrian Teng as Chief Financial Officer (CFO), effective January 1, 2024.Teng brings over two decades of diverse international experience in strategy, finance, restructuring, operations and corporate management across developed and emerging markets. Prior to his current appointment, Teng was Group Chief Financial Officer and Chief Operating Officer of Clifford Capital Holdings, with responsibilities in finance, treasury…

Asian Oil & Gas (AOG) is hosting a webinar on the groundbreaking patents that are pushing multiphase detection, measurement, and control technology forward.Throughout the oil and gas and petrochemical industries, liquid-to-liquid separation is a fundamental process. Though instrumentation has come a long way, a new high performance, cost-effective time domain reflectometry (TDR) based multi-phase detector is now available and ideal for widespread adoption. It handles changing…

The 11th Annual Maritime Risk Symposium: A Virtual Event Exploring All Too Real RisksThe past year has been as impactful for the world’s maritime transportation xystem as it has been for the rest of society. From the Suez Canal to the Arctic and beyond, human, technology and environmental events disrupted maritime activity. And the pandemic highlighted supply chain vulnerabilities in many ways, from mariners quarantined aboard vessels to port congestion due to COVID-driven surges in e-commerce.

In 2007, scholar Nassim Nicholas Taleb, who holds a doctorate from the University of Paris, wrote a bestselling book titled “Black Swan,” which proposed a theory involving unpredictable events with significant impact. Taleb believed that a black swan event was an outlier with significant impact and, once it occurs, is the source of deep reflection and rationalization. Since the book’s publication, a significant number of research efforts have been developed to consider possible black swan events that significantly impact the Maritime Transportation System (MTS) and the Maritime Global Commons.

MasterCraft Boat Holdings announced that its Board of Directors has appointed current Board Chair, Frederick A. Brightbill, as Interim Chief Executive Officer, effective immediately.Brightbill’s appointment follows Terry McNew’s decision to step down as President, Chief Executive Officer and a Director of the Company to pursue an opportunity outside of the boating industry. Brightbill is expected to serve until the Company completes a search and appoints a new Chief Executive Officer.“On behalf of the Board and the entire organization, I would like to thank Terry for his leadership, steadfast dedication and service to MasterCraft over the past seven years…

Social media, cameras, sensors and more generate huge amounts of data that can overwhelm analysts sifting through it all for meaningful, actionable information to provide decision-makers such as political leaders and field commanders responding to security threats.Sandia National Laboratories researchers are working to lessen that burden by developing the science to gather insights from data in nearly real time.“The amount of data produced by sensors and social media is booming — every day there’s about 2.5 quintillion (or 2.5 billion billion) bytes of data generated…

SSPC (The Society for Protective Coatings) named Mark Schultz, Government Marine Project Development Manager for Sherwin-Williams Protective & Marine Coatings, winner of the 2018-2019 John D. Keane Award of Merit. The award recognizes Schultz’s 25 years of significant contributions to the development of the protective coatings industry and to SSPC.Schultz was recognized with the award February 11, 2019, at the SSPC Coatings+ Conference in Orlando, Florida.Schultz, an SSPC Protective…

Wabash National Corporation, a diversified industrial manufacturer and a leading producer of semi-trailers and liquid transportation systems, announced the appointment of Melanie D. Margolin as Senior Vice President and General Counsel. She will oversee all of the company’s legal affairs worldwide in areas such as corporate, commercial, regulatory, intellectual property, ethics, compliance and litigation. She brings 21 years of legal experience in a myriad of substantive areas, both domestically and globally, which will allow her to provide proactive legal advice and develop policies and initiatives that foster Wabash National’s strategic growth plans. “I am pleased to welcome Ms.

Caterpillar Inc. will begin its global, external search for a new chief financial officer after it announced that group president and CFO Brad Halverson has elected to retire in early 2018, concluding a career spanning more than three decades with the company. Halverson will continue working into early 2018 and will help ensure a smooth transition for the new CFO. Prior to becoming CFO, Halverson served two years as vice president of the Finance Services Division, and before that position, he was the corporate controller. Halverson joined Caterpillar in 1988 as an accountant.

The 23rd Annual International Maritime Hall of Fame reception and awards dinner took place yesterday evening in New York where five individuals were honored in front of more than 350 of their colleagues from the international maritime transportation industry. The Maritime Association of the Port of New York and New Jersey founded the Annual International Maritime Hall of Fame in 1993 to recognize maritime visionaries who, through excellence in their company, organization or services, best exemplify the qualities of futuristic thinking that guides the maritime industry.

A record dolphin die-off in the northern Gulf of Mexico was caused by the largest oil spill in U.S. history, researchers said on Wednesday, citing a new study that found many of the dolphins died with rare lesions linked to petroleum exposure. Scientists said the study of dead dolphins tissue rounded out the research into a spike of dolphin deaths in the region affected by BP Plc's oil spill that was caused by the 2010 Deepwater Horizon oil rig explosion. Millions of barrels of crude oil spewed into Gulf waters…

It's a career-defining moment for 36 college and university faculty April 30, as the Department of the Navy announces the recipients of its 2015 Young Investigator Program, one of the oldest and most selective scientific research advancement programs in the country. Collectively, awardees will receive $18.8 million in grants to fund research across a range of naval-relevant science and technology areas. This is a banner year for the program, administered by the Office of Naval Research (ONR), which increased funding by 50 percent over last year. "These recipients demonstrate the type of visionary, multidisciplinary thought that helps the U.S. Navy anticipate and adapt to a dynamic battlespace," said Dr. Larry Schuette, ONR's director of research.

To better capitalize on the growing importance and excitement of data analytics and to drive innovation to support customers, Caterpillar Inc. today announced the formation of a new division, Analytics & Innovation (AI), which will be led by Caterpillar Vice President Greg Folley. The division will bring together the people and resources that will foster a culture with innovation at the core, form a broad and connected analytics ecosystem and manage strategic third party relationships with providers like Chicago, Illinois-based Uptake, a start-up with which the company recently announced a technology and predictive analytics agreement.

Retired Coast Guard Vice Adm. Manson Brown was appointed by President Obama and confirmed by a voice vote of the U.S. Senate to serve as assistant secretary of commerce for environmental observation and prediction and deputy administrator for NOAA. Brown joins NOAA after 36 years of service in the U.S. Coast Guard. As deputy administrator, Brown will play a major role driving the Obama administration and NOAA priorities for weather and water services, climate science, plus the agency’s integrated mapping and Earth-observing capabilities.

Caterpillar Inc. * Doug Hoerr has been appointed as vice president with responsibility for the Strategic Services Division. Caterpillar’s Board of Directors has appointed Julie Lagacy, a 26-year veteran of the company and currently vice president with responsibility for the Finance Services Division (FSD), as Chief Information Officer (CIO) and vice president with responsibility for the Global Information Services Division (GIS). In addition to leading FSD, earlier this year Lagacy assumed leadership of GIS following the departure of the former Chief Information Officer. She will continue to report to Brad Halverson, group president and Chief Financial Officer, and will also retain the Business Systems Transformation (BST) group.

Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. (NYSE: CAT) today announced related changes at the vice president level, including the retirement of Vice President Steve Gosselin. After more than 35 years of outstanding service with the company, Steve Gosselin, 56, vice president with responsibility for the Customer Services Support Division, has elected to retire. Gosselin’s retirement will be effective February 1, 2015. “Much of Steve’s career has been spent in marketing and product support roles, and in his most recent position, he has provided critical leadership in strengthening and aggressively growing Caterpillar’s aftermarket parts and product support business…

Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. today announced related changes at the vice president level, including the retirement of Vice President Steve Gosselin. After more than 35 years of outstanding service with the company, Steve Gosselin, 56, vice president with responsibility for the Customer Services Support Division, has elected to retire. Gosselin’s retirement will be effective February 1, 2015. “Much of Steve’s career has been spent in marketing and product support roles, and in his most recent position, he has provided critical leadership in strengthening and aggressively growing Caterpillar’s aftermarket parts and product support business…

MOL Liner Ltd. has announced that Richard “Dick” Craig has been promoted to President and CEO of MOL (America) Inc. effective June 24, 2014. He has 34 years of experience in the container shipping industry including over 11 years with MOL. MOL Liner Ltd.’s President & Chief Executive Officer Toshiya Konishi said, “Dick was instrumental in bringing MOL (America) Inc. up to one of the most efficient and productive organizations within MOL Liner in the last 10-plus years. Craig, currently the executive vice president, sales and operations of MOL (America) Inc., joined MOL (America) Inc.

MOL (America) Inc. issued a release announcing several changes to its North American sales management, including the promotion of Richard Craig to the position of executive vice president, sales and operations. Additionally, Richard Jung, who currently assistant vice president of sales, central region, has been appointed to assume the duties of vice president of sales in replacing Dennis Sheehan, vice president of sales, who has decided to leave MOL (America) Inc. to pursue other opportunities.

Martek Marine reported a significant increase in marine defibrillator sales in 2013, up 475% on 2012, with over four months of the year remaining. These sales include an order of more than 100 AEDs to Swire’s entire China Navigation fleet, as Swire beat the new Maritime Labour Convention’s (MLC) August deadline to have a marine defibrillator on every vessel, with crew trained in its use. Other customers include Bernhard Schulte Management, Chemikalien Seatransport and Topaz Energy & Marine.

Bollinger Shipyards, Inc. announces the appointment of Richard K. Murphy as a senior manager working on Coast Guard and other governmental programs. Murphy joins Bollinger Shipyards following a very successful 30-year career with the United States Coast Guard, culminating with the rank of Captain. His most recent assignment was Commanding Officer, U.S. Coast Guard Yard, Baltimore, Md. His prior assignments include staff tours at Coast Guard Headquarters, Commanding Officer of the Coast Guard Civil Engineering Unit in Miami…

Royal Caribbean International announced the appointment of Carol Schuster to Senior Vice President of Marketing. Ms. Schuster joins the global cruise line with a proven track record and extensive background in building global brands, as well as new market entry, and will oversee all aspects of marketing for Royal Caribbean including brand strategy and positioning; consumer and trade advertising; digital and social media; and one-to-one and loyalty marketing. Most recently, Ms. Schuster ran a global marketing and brand consultancy and spearheaded the launch of U.S. women’s luxury apparel company, Lafayette 148 New York, in China. Prior to that, she held the position of worldwide managing director, Global Brand Management at the advertising agency, Ogilvy and Mather.

Jaya Holdings Ltd is pleased to announce the appointment of Mr Chong Chow Pin as Chief Financial Officer Designate. Mr Chong will report directly to the Chief Executive Officer and be responsible for financial, treasury and all corporate services. He succeeds Ms Thai Kum Foon, who will step down on 31 December 2012 from the position to pursue personal interests. Mr Sheshashayee Venkatraman, Chief Executive Officer of Jaya Holdings, said today: “We would like to thank Kum Foon for her great contributions to Jaya Holdings, in particular her dedication and effort in the past two years, a period of significant change for the Group. She leaves us in a much stronger financial position than we have been for some time.