Universal Silencer Now Universal
On December 8, 2009 at the International Power Generation Conference, Universal Silencer announced changing its name to Universal. Universal’s President, Randy Eppli, said, “Over the past 5 years we have seen an ever increasing demand from our customers to help them be more environmentally conscious and meet higher air quality standards for exhaust emissions. This demand from our customers and the marketplace has driven the development of our core technologies within engine, blower, fan, compressor and vent acoustics and emissions. Therefore, the name Universal Silencer communicates only a part of our capabilities.” Eppli continued, “The name change also helps support our mission of providing clean, quiet technology for the world’s energy needs.” (www.universalAET.com)
'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.
Chemoil Marketing Group Announces Changes
Chemoil announced that Nick Ganas from its San Francisco Marketing Group will move to Singapore as of November 20th, 2006. Nick will join Cem Saral’s marketing group at Chemoil International Pte Ltd Singapore as Sales Manager for Asia. Cem Saral will be promoted to Sales and Marketing Director for Asia. Joining Chemoil Corporations’s Marketing Group in San Francisco will be Stuart Colie. Stuart joins us from APM Terminals
USCG Announces Changes to Civil Penalty Policies
The Coast Guard has expanded the scope of the Notice of Violation (NOV) program, building upon the success of the existing program in place since 1995. The NOV program is an expedited civil penalty assessment process that allows parties to pay the proposed penalty without further administrative process. The Coast Guard has also recently announced that it will be adjusting its fines and other civil monetary penalties for inflation
Key Leadership Changes at Hydroid
Hydroid, Inc., a subsidiary of Kongsberg Maritime, today announced changes in its leadership team. Christopher von Alt, one of the company’s founders and primary forces in its extraordinary growth since its inception in 2001, has elected to resign from his current position as president, effective January 1, 2014. Hydroid’s board of directors has selected Duane Fotheringham, Hydroid’s vice president of operations, as his successor
Japan's NYK Line Warns of $1.9 bln hit to Earnings
NYK Line may book losses as shipping slump slashes asset values. Nippon Yusen, Japan's biggest shipper by sales, warned it would book a $1.9 billion hit to first-half income, after the industry's deepening slump forced it to write down the value of container ships and other assets. The shock writedown is the latest symptom of the dramatic slowdown in the container shipping sector. Weaker global trade, and in particular softer demand from China
Change Recruitment Achieves MLC Standard
Change Recruitment Group announced that it is the first independent recruitment company in the U.K. to achieve the quality status which is gained by receiving a Declaration of Conformity to the Maritime Labor Convention. The Maritime Labor Convention (MLC) 2006 came into force August 20, 2013, and has led to greater employment protection for the majority of the world’s seafarers and Change International, the global division of Change Recruitment Group
HORNBECK-LEEVAC Changes Name
HORNBECK-LEEVAC Marine Services, Inc. announced that it has changed its name to Hornbeck Offshore Services, Inc. The new corporate name was approved at the company's recent annual meeting of stockholders. The name of the tug and tank barge owning subsidiary, LEEVAC Marine, LLC, has also been changed to Hornbeck Offshore Transportation, LLC. The name changes are effective immediately. Todd M. Hornbeck, President and CEO remarked
Maine Maritime Academy Restructures Loeb-Sullivan School
Dr. John Barlow, vice president for academic affairs and academic dean at Maine Maritime Academy (MMA), has announced that the college's Loeb-Sullivan School of International Business and Logistics has been restructured. The Loeb-Sullivan School offers graduate and undergraduate degrees in business. According to Barlow, the restructuring is intended primarily for administrative efficiency so as to position the graduate division of the business school as a global
WQIS Introduces Policy Form 2007
Government regulations, environmental changes and an increasingly difficult business climate make it impossible to keep doing business as usual. Recognizing the need for change, the Water Quality Insurance Syndicate (WQIS) has created its 2007 Policy Form. The overall policy has been simplified by including and clarifying several endorsements while the coverage itself has been expanded, making it the most flexible and complete insurance coverage for today’s marine industry.
Clipper Bulk Consolidates
Denmark based Clipper Group said it will simplify its operational and administrative setup in its core business area, the dry bulk market. Clipper will concentrate its bulk business in Copenhagen, Houston and Hong Kong going forward, closing its offices in Stamford, Sao Paulo, Rio de Janeiro, Singapore and Beijing. The company's offices in Barranquilla, Tokyo and Nassau will remain unchanged. “We want to make communication more effective and our response time to market
Dualog Wins 90-Ship Thenamaris Contract
Dualog, the digital platform at sea, has won a contract to handle the business email and data transfer needs for 90 vessels managed by Thenamaris of Greece. Thenamaris, one of Greece’s most respected ship managers, operates a diversified fleet of tankers, bulk carriers, LNG and LPG vessels as well as containerships. It selected Dualog for its mission critical email platform as well as the ease of installation, service availability and customer support.
EU Leads the Way with Ambitious Action for Cleaner and Safer Seas
At the ongoing EU-hosted Our Ocean conference in Malta (5-6 October), the European Union has committed to 36 tangible actions to foster healthier, cleaner, safer and more secure seas. Amounting to over €550 million and involving activities worldwide, the announcements underline the EU's determination to improve the situation of the seas and send a positive signal of encouragement to the rest of the world – governments and private sector alike - to step up and
Great Lakes CEO Provides Business Update
Great Lakes Dredge & Dock Corporation, a provider of dredging services in the United States and a major provider of environmental and infrastructure services, has announced multiple updates. Chief Executive Officer, Lasse Petterson, commented, “During the two months since we reported second quarter earnings, a number of developments have occurred at the Company. “As noted on the quarterly earnings call on August 2
Clipper Bulk Consolidates
Clipper will simplify its operational and administrative set-up in its strongest field of business, bulk. "Going forward, we will concentrate our bulk business in three locations: Copenhagen, Houston and Hong Kong. Consequently, we will close our offices in Stamford, Sao Paulo, Rio de Janeiro, Singapore and Beijing. Our offices in Barranquilla, Tokyo and Nassau will remain unchanged and continue to serve our local business partners
Growing the KVH Empire
From humble beginnings KVH has evolved rapidly to become a central player in the maritime world’s global Big Data revolution. Maritime Reporter & Engineering News caught up with Martin Kits van Heyningen in Oslo for his take on KVH’s current position and future direction. “We certainly didn’t envision that we would be in the high-speed satellite broadband business when we started,” is how Kits van Heyningen, President, Chief Executive Officer
Dong Energy Changes Name to Orsted
Following the profound strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production, the name DONG Energy does not fit the company anymore. Consequently, DONG Energy has today called an Extraordinary General Meeting to ask the shareholders of the company to approve a change of the company name to Ørsted. Thomas Thune Andersen, Chairman of the Board of Directors
MOL Plan to Build New HQ
MOL Group announced its plans to relocate its corporate headquarters by 2021 to MOL Campus, the company’s new 83,000 sqm office, which will be designed by one of the most renowned architectural studios in the world, the UK-based Foster + Partners. The 120-meter high building, which will be the future workspace for up to 2500 employees, will be located on the banks of the Danube in the southern part of Budapest, close to the current HQ building.
Collaboration for Future Ready Shipping
"No stakeholder, alone, can deal with the complexities the planet faces in addressing the challenge of climate change", said International Maritime Organization (IMO)'s Director of the Marine Environment Division, Stefan Micallef. He was opening the joint Singapore-IMO International Conference on Maritime Technology Transfer and Capacity-Building also known as Future-Ready Shipping Conference 2017, held in Singapore (25-26 September).
Brookfield Completes Acquisition of Teekay
Teekay Corporation and Teekay Offshore Partners announced that they have completed their previously announced comprehensive transaction with Brookfield Business, together with its institutional partners (collectively Brookfield). “With this comprehensive transaction now completed, Teekay looks forward to working with Brookfield as co-sponsors of Teekay Offshore to support the Partnership’s continued growth,” commented Kenneth Hvid
MOL Group Seeks Startups Offering Innovative Solutions
MOL Group has announced a call for applications for startups with innovative solutions in the fields of mobility, loyalty marketing and big data, retail, as well as parcel delivery and distribution. The 3-month program, taking place in Budapest, in cooperation with the Hungarian incubation agency Design Terminal, is directed at startups whose solutions meet one of the objectives of MOL Group’s 2030 strategy: to become the first choice of customers on the move.
The Maritime Cloud becomes Maritime Connectivity Platform
Maritime Connectivity Platform, or MCP, is the new name for what was previously known as the Maritime Cloud. The team behind the Maritime Cloud has decided to change the name of the communication framework. The new name, Maritime Connectivity Platform (MCP), has been chosen to provide clarity and support e-Navigation going from testbed to real life implementation. The reason for the change is twofold explains Thomas Christensen
New Ship Repair Facility in Portsmouth
Britain’s largest independent ship repairer and marine engineering services provider Burgess Marine announced that in partnership with Portsmouth City Council it has opened a new ship repair facility within Portsmouth Commercial Port, U.K. Burgess Marine Ltd. and MMD Shipping Services Ltd, part of Portsmouth City Council, launched this new strategic partnership in style with an emergency three-day alongside docking for Wightlink Ferries.
Norco to Build Composite Workboats for UK Navy
Norco Holdings, the Poole-based manufacturer of lightweight composite structures and GRP moldings, has been selected by Atlas Elektronik UK (AEUK) to build the fleet of replacement workboats ordered recently by the UK MoD and due to be delivered over the next six years. The contract is for 30+ boats in total, ranging in size from 11 to 15 meters. As the primary composites supplier for the project, Norco will be producing the major components for the new vessels including hull
Skuld Announces Positive Half Year Results
Skuld announced a positive bottom-line result of USD 8 million for the six months ending 20 August 2017, compared with USD 29 million at the half year in 2016. The period has been marked by a small number of substantial claims. However, the cost of these claims has been partly offset by the positive contribution from commercial operations which continue to produce a surplus. The technical result at the half year shows a negative outcome of USD 22 million and an overall combined