New York University News

Tidewater has appointed Dick H. Fagerstal non-executive Chairman of the Board.In addition, the Board has reduced the size of the Board from nine to eight members.Fagerstal stated, “I am honored to assume the role of Chairman of the Board of Tidewater at such an exciting time for our industry. I believe the company is well positioned to capitalize on the increasing global offshore activity with recently closed (and pending) additions to its fleet of offshore vessels.“Having been…

Carnival Corporation & plc, the world's largest cruise company, announced its current Chief Operations Officer Josh Weinstein will assume the role of President and CEO of Carnival Corporation & plc, effective August 1, succeeding Arnold Donald, who is being appointed Vice Chair and member of the Boards of Directors.A 20-year veteran of Carnival Corporation & plc, Weinstein has held critical senior-level roles for the company. In his most recent assignment for the past two years as Carnival Corporation & plc's Chief Operations Officer…

Webb Institute announced on Wednesday that Mark Martecchini will become the 16th president in the school's history, effective July 1, 2022. Selected by a Webb Board of Trustee search committee Martecchini will succeed R. Keith Michel who has served as Webb’s president for the past nine years.Board of Trustees chair Bruce S. Rosenblatt, said, “[Martecchini] is a visionary leader who is passionate about the mission of Webb Institute and is committed to building upon our 130-year history of excellence in engineering education.” During a 38-year career with Stolt-Nielsen…

U.S.-based dry bulk shipping company Eagle Bulk Shipping on Thursday announced ithas appointed Costa Tsoutsoplides to the newly created chief strategy officer position. In this role, Tsoutsoplides will have broad responsibilities in developing Eagle’s corporate strategy as well as leading capital markets initiatives and overseeing ESG and investor relations. Tsoutsoplides will also retain his existing responsibilities, including mergers and acquisitions and vessel sale and purchase.Eagle's CEO Gary Vogel said, “I am pleased to announce Costa’s well-deserved promotion.

Joe Biden could erase much of President Donald Trump’s four-year legacy of energy and climate deregulation with the stroke of his pen, according to regulatory experts, but replacing it with something new and durable may prove trickier.Trump’s rollbacks are on shaky ground because most were done not through Congressional lawmaking but via presidential executive orders that can be easily torn up by a new administration. That means signature measures ranging from the withdrawal of…

When enough to meet the need is not enough to get the help.From my office window in downtown St. Louis, I can see a dramatic illustration of the inefficiency in how our country moves freight. My office faces east, and I look down on a stretch of Interstate 70, that major east-west highway that runs from Baltimore to Interstate 15 in Utah. It is not unusual to see the traffic on this highway heavily congested, even at a standstill at times. This congested traffic usually includes many tractor-trailer trucks.

Chairman & CEO, Campbell Transportation Company.Peter H. Stephaich is Chairman and CEO of Blue Danube Incorporated and Campbell Transportation Company. Currently, he is also Chairman of the Board of the Waterways Council, Inc. (WCI). Peter also serves on the Board of Directors of Blue Danube, a position that he has held since 1982. Serving the barge industry for over 30 years in a number of key roles, he also counts among his many qualifications his tenure(s) as Past Chairman and Past Treasurer of the American Waterways Operators (AWO)…

The dry cargo vessel player Navios Maritime Partners announced the appointment of Mr. Alexander Kalafatides to its Board of Directors.The international owner and operator of dry bulk and container vessels said in a press release that Kalafatides has nearly 30 years of experience in general management and marketing.Kalafatides also serves as an adjunct professor in International Business at Drexel University. Kalafatides served in the Board of Directors of Navios Maritime Midstream Partners L.P. from 2014 to 2018.Kalafatides received his M.B.A. in marketing and international business from the New York University, his B.S.E. in computer…

ASL Environmental Sciences said that Dr. David Holland of New York University, in collaboraon with Dr. Natalya Gomez at McGill University, is leading an invesgaon of sea level variaons in the Disko Bay region of western Greenland.According to a statement from the company with over 40 years of experience in oceanographic, acoustic, remote sensing and ice research products and scientific consulting services, a shore-based system compares the direct arrival of GPS signals to the signals reflected off the sea surface to obtain sea level.The presence of sea ice and icebergs complicate the measurements. A shore-mounted camera provides information…

Peter H. Stephaich is Chairman and CEO of Blue Danube Incorporated and Campbell Transportation Company. Peter is also on the Board of Directors of Blue Danube, a position that he has held since 1982. If today he isn’t the most familiar name on the domestic waterfront, then perhaps, he should be. Serving the barge industry for over 30 years in a number of key roles, he also counts among his many qualifications his tenure(s) as Past Chairman and Past Treasurer of the American Waterways Operators (AWO), Past Chairman and Trustee of the National Waterways Foundation, Vice Chairman and Executive Committee of Waterways Council (WCI) and as Commissioner and Vice Chairman of the Port of Pittsburgh Commission.

Within the U.S. inland waterways industry, any mention of the American Society of Civil Engineers (ASCE) will almost certainly be in reference to the “Infrastructure Report Card” that ASCE prepares and issues every four years, describing the condition and performance of America’s infrastructure in 16 categories: aviation, bridges, dams, drinking water, energy, hazardous waste, inland waterways, levees, ports, public parks, rail, roads, schools, solid waste, transit and waste water.

P3: An alternative to tolls or lockage fees in public-private partnerships for inland waterways. Within the generally sorry state of the U.S. inland waterways infrastructure, there are some locations where conditions are particularly dire. Among those in this latter situation are several locks and dams on the Illinois River, including the La Grange Lock and Dam and the Peoria Lock and Dam, both of which were completed in 1939. Both of them are on the U.S. National Register of Historic Places, which is a dubious distinction for a major transportation facility of the twenty-first century.

Standing near Greenland's Jakobshavn glacier, the reputed source of the iceberg that sank the Titanic over a century ago, U.S Secretary of State John Kerry saw evidence of another looming catastrophe. Giant icebergs broken off from the glacier seemed to groan as they drifted behind him, signaling eventual rising oceans that scientists warn will submerge islands and populated coastal region. Briefed by researchers aboard a Royal Danish Navy patrol ship, Kerry appeared stunned by how fast the ice sheets are melting. He was struck by the more dire warnings he was hearing about the same process underway in Antarctica. "This has been a significant eye-opener for me and I have spent 25 years or engaged in this issue…

A Real-Life Study in Creative Vessel Financing, or What Happens When Plan ‘A’ Is Not Working. Much has been written on the various structures and approaches that can be used to finance the construction and purchase of vessels. Such articles typically speak in general terms, presenting what might be called the textbook version of the approach under consideration. But what happens when reality rears its ugly head, and forces the deal to leave the well-marked channel and to venture into uncharted waters?

Iran's foreign minister told an audience in New York City on Wednesday that Tehran respects freedom of navigation in the Gulf, a day after Iranian patrol boats seized a Danish container ship in one of the world's busiest oil shipping lanes. "The Persian Gulf is our lifeline ... We will respect international navigation," Foreign Minister Javad Zarif said during a discussion hosted by the New York University Center on International Cooperation and the think tank New America. Danish shipping company Maersk said the crew of the Maersk Tigris was safe and "in good spirits." Iranian authorities seized the vessel in the Straight of Hormuz on Tuesday, spurring the United States to send military vessels to monitor the situation.

Iran's foreign minister on Wednesday offered assurances that Tehran is committed to maintaining freedom of navigation in the Persian Gulf in the aftermath of the seizure of a commercial ship by Iranian forces a day earlier. "The Persian Gulf is our lifeline ... We will respect international navigation," Mohammad Javad Zarif told an audience at New York University. "For us, freedom of navigation in the Persian Gulf is a must." He added that senior foreign ministry officials and deputy foreign ministers from Iran and six powers would resume negotiations on a final nuclear deal on Thursday. He suggested the talks would take place in New York, where he is attending a review conference on the 1970 nuclear Non-Proliferation Treaty. (Reporting by Louis Charbonneau)

The Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, recognized Holland America Line and Seabourn’s Kelly Clark for the second consecutive year in its “2014 Attorney’s Who Matter” list of lawyers in the Best General Counsel category. Clark serves as vice president, general counsel, and chief ethics officer for the Seattle-based cruise lines. This award showcases individuals representing the best and brightest in the legal field — from in-house counsel, ethics and compliance officers to outside counsel. The Ethisphere Institute reviews nominees’ professional expertise, peer and client endorsements, public service and compliance results they have achieved for their companies, among a variety of other criteria.

Goltens Worldwide Management Corp. (GWMC) has announced the appointment of Roy Strand as Chief Operating Officer. Strand has previously served as the Vice President of Operations in the Americas and Europe, and will continue to serve as the Advisory Board Chairman within the Goltens Worldwide group of companies. Prior to joining Goltens, Strand held various managerial and global executive positions in the professional services field, including at KPMG Consulting, Netegrity and Computer Associates.

Charlotte Mayor Anthony Foxx was sworn in as the nation’s 17th Secretary of Transportation by Judge Nathaniel Jones in a private ceremony at U.S. Department of Transportation headquarters at 11 a.m. yesterday (July 2). The ceremony was attended by Foxx’s wife, Samara, and their two children, Hillary and Zachary, and used a Bible belonging to Secretary Foxx’s great-grandparents, Peter and Ida Kelly. Secretary Foxx worked for Judge Jones as a law clerk for the U.S. Sixth Circuit Court of Appeals after law school and invited Judge Jones to administer the oath of office today.

Odyssey Marine Exploration, a company in the field of deep-ocean shipwreck and offshore mineral exploration, appointed Mark B. Justh to its board of directors. The appointment adds a seat to the board, bringing the total number of directors to seven, including five independent directors. Justh previously served for 12 years at JP Morgan. There he was a managing director and head of Pan Asian Equities Distribution in Hong Kong. During his tenure at JP Morgan he was also responsible for Cash Equities Distribution in the Americas. Prior to JP Morgan, he was a partner at a startup fund in the media space, HPJ Media Ventures/DeNovo Capital. Earlier in his career, he was a vice president at Goldman Sachs International in International Equities. Justh holds a B.A.

Board to expand to eleven from eight; seven New Board Members Join Four Existing Directors; Four Directors Retire. Horizon Lines, a domestic ocean shipping company, today announced that it will expand its Board of Directors to 11 members from eight, effective November 25, 2011. In conjunction with the expansion, seven new directors will be appointed and four of the existing eight directors will retire. • Jeffrey A. Brodsky, Kurt M. Cellar, Carol B. Hallett, James LaChance, Steven L. Rubin, Martin Tuchman and David N. Weinstein will join the board as independent directors.

Northrop Grumman Corporation has appointed Maureen Del Duca vice president and deputy general counsel, Litigation and Investigations, effective immediately. In this role, Del Duca will be responsible for leading and managing the company's top quality internal team, and overseeing outside counsel for litigation, arbitration and investigations. Del Duca joins Northrop Grumman from her former position at AOL, where she was senior vice president and deputy general counsel, litigation, and chief ethics and compliance officer.

Keppel Corporation Limited (Keppel) is pleased to announce the appointment of Mr Tan Puay Chiang (陈培璋) as Independent Director on the Board with effect from June 20, 2012. Mr Tan, 65, is a veteran in the oil, gas and petrochemicals sector. During his 38-year career with Mobil Oil and later ExxonMobil, he held executive management roles in Australia, Singapore and the United States. These included the positions of Vice-President, Mobil Research & Technology Corp, USA and Chairman & Managing Director of Mobil Oil Australia. Mr Tan retired as Chairman, ExxonMobil (China) Investment Co in 2008. Dr Lee Boon Yang, Chairman, Keppel Corporation, said, "We welcome Puay Chiang to the Board. Mr Tan is a non-executive Independent Director of Singapore Power and Neptune Orient Line.