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Management Change

NOL Shares Soar On Management Change News

Shares of shipping and logistics group Neptune Orient Lines Ltd. (NOL) surged almost 10% on optimism over recent management changes, dealers said on Tuesday. Late September, NOL said it had hired more senior executives from Sea-Land Services as senior officals for its container transportation arm, APL. The move were seen as positive and reinforced the shipping group's commitment to grow its European and North American presence. Flemming Jacobs is NOL's new chief executive officer.


ConocoPhillips Makes Senior Management Change

ConocoPhillips announced that Stephen R. Brand, currently vice president, exploration and business development, Exploration and Production, will become senior vice president, Technology, effective October 1, 2007. Brand will report to Jim Mulva, chairman and chief executive officer.


NOL Management Changes Causes Shares Rally

Shares of shipping and logistics group Neptune Orient Lines Ltd. (NOL) surged almost 10 percent last Tuesday on optimism over recent management changes, dealers said. "We are buying on the back of increasing confidence in the market, higher assurance that the Fed will not be doing anything drastic and hope that NOL's new management would bring positive changes," said one dealer. In late September, NOL announced the hiring of more senior executives from Sea-Land Services as senior officials


Ballast Water Management Changes Proposed

The California State Lands Commission (SLC) issued a Notice of Proposed Regulatory Action relating to management of ballast water on ships of 300 gross registered tons or more arriving in California after having taken on ballast water from places within the Pacific Coast Region. The Pacific Coast Region is defined as coastal waters on the Pacific Coast of North America east of 154°W longitude and north of 25°N latitude, exclusive of the Gulf of California


New Managers for ULSTEIN Design and Innovation

Frode Sollid (Photo: ULSTEIN)

ULSTEIN has announced management changes within its design and innovation areas, naming Frode Sollid as development manager at Ulstein Design & Solutions AS and Bernt-Aage Ulstein is as its new design manager.   Sollid brings 30 years of experience developing solutions and designs for offshore vessels to the newly-established position as innovation and development manager at Ulstein Design & Solutions AS


Management Change in Aker Yards

Mr Leif Borge, CFO, has accepted a position as CFO in Aker Kvaerner ASA and will for that reason leave Aker Yards at the end of his notice period. Recruitment of his successor has been initiated. Mr Borge has been CFO of Aker Yards since 2002. Mr Julin says in a comment: "I would like to take this opportunity to thank Mr Borge for the excellent work he has put down for Aker Yards so far. He has been instrumental in developing the company into its current form


ABS Nautical Systems Realigns

Karen-Hughey3_web.jpg

ABS Nautical Systems (NS), a division of ABS, a classification society, announced a series of senior management changes and established a new client-centered operational structure to strengthen its portfolio of fleet management software services for the marine and offshore industries. Karen Hughey, who joined NS in January as Senior Vice President, has been appointed President and Chief Operating Officer, replacing Jack Kitchura who has retired after leading Nautical Systems for the past


Management Changes at North of England P&I Club’s Greek Office

Tony Allen has taken over the management of the North of England P&I club's successful Greek office. He replaces Mike Salthouse, who set up the office three years ago and has now returned to the club's headquarters in Newcastle upon Tyne, England as a Greek area director. Allen (42) started work in the Greek office last year. He formerly worked in Piraeus on P&I and FD&D matters with international maritime law firm Norton Rose before moving to the North of England in 1998


Fredriksen Ups Osprey Offering

Norway's John Fredriksen raised his offer price for Singapore's Osprey Maritime by 12.5 percent in a move seen likely to result in a management change and possible de-listing of the group. Fredriksen, through his privately held World Shipholding Ltd., lifted his offer from S$1.00 to S$1.125 per share for the 38.85 percent of the tanker group he does not already own. Osprey shares ended up 11 percent at S$1.11 after hitting a high of S$1.16. Volume was thin at 660,000 shares.


Remotec Awarded US Navy Repair Contract

northrop.jpg

The U.S. Navy has awarded Northrop Grumman Corporation subsidiary Remotec Inc. an $8.8 million contract to repair and upgrade 103 MK3 Series Remote Ordnance Neutralizations Systems (RONS), increasing the capabilities and availability of the explosive ordnance disposal robots.   The Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division, Indian Head, Maryland, awarded Remotec a sole-source, indefinite delivery, indefinite quantity contract (IDIQ)


How Deep is the Ocean?

Photo: International Maritime Organization (IMO)

 Hydrogaphy, the science of surveying and charting bodies of water, is essential to the safe, sustainable and cost-effective use of the world’s oceans.    This was International Maritime Organization (IMO) Secretary-General Kitack Lim’s message at the 1st Assembly of


Baltic Exchange Chief Outlines Growth Plan

Newly appointed Baltic Exchange Chief Executive Mark Jackson has set out the Exchange’s vision of the near-future in a wide-ranging speech in Singapore during the concurrent MPA Singapore Maritime and Singapore Iron Ore Weeks. “The recent acquisition of the Baltic Exchange by the


Drivers of Logistics Industry

Keynote speaker Dr. Detleft Trefzger, CEO  Kuehne + Nagel International AG, and member of  member of the International Maritime Centre (IMC) 2030 Advisory Committee, speaking on the topic “Driving Forces of the Logistics Industry” at the 11th Singapore Maritime Lecture. Photo: Maritime and Port Authority of Singapore

 The end consumer who has ever-changing needs and will be the ultimate driver of all activities of the logistics industry, said Dr Detleft Trefzger, Chief Executive Officer of global freight forwarding and logistics giant Kuehne + Nagel International AG.  


MPA Trains Global Maritime Leaders

Maritime and port administrations from across all regions at the opening ceremony of the 2nd Advanced Maritime Leaders’ Programme (AMLP). Photo: Maritime and Port Authority of Singapore

 The MPA Academy – the training arm of the Maritime and Port Authority of Singapore (MPA) – in partnership with the Singapore Management University (SMU) and Human Capital Leadership Institute, has officially launched its 2nd Advanced Maritime Leaders’ Programme (AMLP)


New Venture Aims to Uproot Shipping’s Status Quo

Nisomar CEO Captain Claus Hyldager (Photo: Nisomar)

Former Inchcape Shipping Services (ISS) CEO assembles senior team for launch of Nisomar, a data-driven maritime services company   With a belief that innovation in shipping has fallen well behind other sectors, new entrant into the maritime industry Nisomar has launched a range of services


Product Lifecycle Management for Shipbuilding

(Photo: Siemens)

Tomorrow’s high tech fleets will depend on shipyards – long after the christening is over. Siemens PLM software makes that dream possible – today.    According to global powerhouse Siemens, a major transformation is underway in the marine sector


Lloyd’s Register Invests in Hanseaticsoft

Nial McCollum (Photo: Lloyd’s Register)

Lloyd’s Register invests in ship management software provider Hanseaticsoft in move to build a marine and offshore Industry 4.0   Lloyd’s Register (LR) said it has made a significant investment in Hamburg-based ship management software provider Hanseaticsoft.  


ChartCo Acquires Docmap

 ChartCo Acquires Docmap   ChartCo, provider of maritime digital data and compliance services, said it has expanded its range of integrated marine solutions with the acquisition of the at-sea digital document management company Docmap.  


Singapore, Japan to Collaborate in Development of Ports

Maritime and Port Authority of Singapore Chief Executive, Andrew Tan and Michio Kikuchi, Director-General of Ports and Harbours Bureau, Ministry of Land, Infrastructure, Transport and Tourism reaffirming their strong bilateral relations at MOC ceremony. Photo: Maritime and Port Authority of Singapore

 Maritime and Port Authority of Singapore (MPA) signed a Memorandum of Cooperation (MOC) with the Ports and Harbours Bureau of the Ministry of Land, Infrastructure, Transport, and Tourism of Japan (MLIT) at the sideline of the International Symposium on LNG bunkering in Yokohama, Japan


NOIA Applauds Proposed Repeal of Royalty Valuation Rule

NOIA President Randall Luthi. Photo provided by NOIA

 National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement on DOI’s proposal to repeal recent amendments to the Federal Royalty Valuation Rule:   “NOIA supports repeal of Interior’s 2017 Royalty Valuation Rule


Oldendorff Driving Digital Transformation

Photo: Oldendorff Carriers

Oldendorff Carriers and BMT SMART, a subsidiary of BMT Group, announce a new agreement which has led to the roll out of fleet performance management technology onboard Oldendorff vessels. Based on BMT’s on board data collection system and bespoke shore based management solution SMARTFLEET


Cabotage Rules Changes Proposed

Dennis Bryant

On January 18, 2017, the U.S. Customs and Border Protection (CBP) proposed in its Customs Bulletin & Decisions newsletter a significant change to the U.S. cabotage rules. For many years, use of non-coastwise-qualified vessels in the transportation of pipeline repair material; anodes; pipeline


Simulation: Delgado Maritime & Industrial Training Center

(Photo: Delgado Maritime & Industrial Training Center)

Delgado Maritime & Industrial Training Center 13200 Old Gentilly Road,  New Orleans, LA 70129 Tel: (504) 671-6620 Email: fireschool@dcc.edu Web: www.dcc.edu/academics/workforce/maritime-fire   Overview   Delgado’s Simulator Suite is comprised of three interactive


BP Awards Gulf of Mexico Work to Subsea 7

 Subsea 7 said it was awarded a contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans.    The contract scope covers engineering, procurement, construction and installation (EPCI) of the subsea umbilicals


ICT Changes Bring Capability Enhancement for Navy

Sub Lieutenant Samuel Penfold working on one of the older Defence IT computers prior to it being upgraded to the newer system. Photo: Royal Australian Navy.

 The biggest upgrade of Defence Secret and Protected networks in more than ten years will drive significant change for Navy, with 192 shore locations set to experience major network overhauls.   The magnitude of the program reflects the need for the department’s information






 
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