Corporate Administration News

Paradox Marine has created a new corporate executive team to direct the next phase of its growth as a leading supplier of wireless boat security, monitoring, GPS tracking and surveillance systems. Together with Paradox Security Systems, Paradox Marine products are distributed in over 100 countries. Jay Keenan, formerly Vice President of Sales & Marketing, has been promoted to President and Chief Executive Officer. Marc Curreri, formerly President of Paradox Marine, has been named Chief Operating Officer and Erin West…

As of July 2003, the International Headquarters of the marine IT specialist, Transas, has moved to Cork, Ireland. The move to Ireland is a logical consequence of the company’s ongoing expansion into international markets. Today Transas is represented in some 90 countries worldwide with more Transas offices to be established within the coming months. As the center of international commercial operations Ireland has the advantage of being located in the euro zone and offers a strong base of experienced, well-educated personnel from which to staff its operations. The services that will be coordinated from the new Transas HQ in Cork include Business Services…

Tidewater Inc. announced that, effective immediately, Cliffe F. Laborde, Larry T. Rigdon and Dean E. Taylor have been promoted to the level of Executive Vice President. Each will report directly to William C. O'Malley, Chairman, President and Chief Executive Officer. Cliffe F. Laborde will continue as General Counsel of the company. His responsibilities will also include Corporate Administration, Information Technology, Employee Benefits, Insurance and Human Resource Management, including recruiting, personnel, training and vessel crewing, all on a worldwide basis. He will also assume responsibility for overseeing management of Quality Shipyards. Larry T. Rigdon will continue his full operations responsibilities for the United States Gulf of Mexico, California and Alaska.

Finnlines' subsidiaries, Finncarriers Oy Ab, a company specialized at sea transportation and FG-Shipping Oy Ab, a company specialized at ship management and technology, were recently merged to the mother company Finnlines Plc. In addition, port operation companies of Finnlines, Finnsteve Oy Ab, which is operating the ports of Helsinki and Oy A.E.Erickson Ab, which is operating the port of Turku, were also merged into one company called Finnsteve Oy Ab. Finnlines' German subsidiary Poseidon Schiffahrt AG has changed the company name to Finnlines Deutschland AG. The new company structure is in force since 1 January 2001. Shipping and Sea Transport Division includes Finnlines Cargo Services and Finnlink Services. Asser Ahleskog is in charge of Finnlines Cargo Services.