Marine link
 

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


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


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


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.


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


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


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)


UniCarriers Corporation becomes Mitsubishi Logisnext

Image:  UniCarriers Corporation

 Mitsubishi Nichiyu Forklift announced that it will conduct the operational integration with its consolidated subsidiary UniCarriers Corporation and change its company name to "Mitsubishi Logisnext.   Mitsubishi Nichiyu already announced its intention to perform the operational


Labor Agreement Reached at Newport News Shipbuilding

(Photo: Chris Oxley / HII)

Huntington Ingalls Industries (HII) said United Steelworkers Local 8888 members at its Newport News Shipbuilding division have voted 1,985-131 in favor of a new labor agreement. The new contract will run through November 14, 2021. “This offer is fair


Canada Extends St. Lawrence Seaway Agreement

Canadian transport minister Marc Garneau announced a five-year extension to the Government of Canada’s agreement with the St. Lawrence Seaway Management Corporation to manage, maintain and operate the Seaway. This extends the existing agreement until March 31, 2023


Mega Ship MOL Tribute Under BSM Management

MOL Tribute (Photo: MOL)

Bernhard Schulte Shipmanagement (BSM) has announced that the 20,146 TEU containership, MOL Tribute, came into full management of the Hong Kong Ship Management Center on July 10, 2017. Built by Samsung Heavy Industries in South Korea, MOL Tribute is 400 meters in length having a deadweight of 196


UN Push for Universal Agreement to Reverse Ocean Deterioration

Severed head of a Greco-Roman sculpture lying on sea floor for many centuries off Alexandria coast, one of the findings during UNIC Cairo’s sea cleaning activities. Photo: UN News Service

 The 193 Member States of the United Nations unanimously agreed to a set of measures that will begin the reversal of the decline of the ocean’s health as the five-day Ocean Conference concluded this afternoon. The outcome document, together with more than 1,300 commitments to action


Latvian Shipping Company Adds 25th Tanker to its Fleet

Elandra Falcon. Photo:  A/S Latvijas kuģniecība

 The JSC Latvian Shipping Company subsidiary LSC Shipmanagement (LSCSM) supplemented the fleet under its full technical management with a newbuilding “Elandra Falcon”, which is the 25th tanker managed by LSCSM.   


Disruption 'Powered by Transas'

Frank Coles (Photo: Transas)

Maritime Reporter & Engineering News caught up with Frank Coles, the ubiquitous leader of Transas, fresh from his company’s user’s conference in Malta. In typical candor, Coles paints his picture of maritime and shipping’s future.  


Crowley Names Michel VP, Human Resources and Learning

Susan “Suz” Michel (Photo: Crowley)

Crowley Maritime Corp. has appointed Susan “Suz” Michel as vice president of human resources and learning, bringing all aspects of human capital management under her leadership – from talent acquisition to training and professional development to long-term employee retention.


Improved Safety and Training, Step-by-step

MVP.jpg

Everyone responsible for safety or training in their organization is aware that everything is changing in the maritime world. The worker demographic has shifted; regulatory demand is rising; and compliance is more complex. Accidents are more public and the consequences more severe


Ever Sigma Discharges 9 millionth TEU at Los Angeles Port

Photo: Port of Los Angeles

 Evergreen Line’s Ever Sigma container ship discharged the 9 millionth TEU (twenty-foot equivalent unit) to pass through the Port of Los Angeles in the span of 12 months, setting a new annual record for the most container throughput of any port in the western hemisphere.  


BWM Should Not Distort the Market: Intercargo

Photo:  International Association of Dry Cargo Shipowners (INTERCARGO)

 In view of the International Maritime Organisation’s (IMO) Marine Environment Protection Committee upcoming meeting (MEPC 71 during 3-7 July 2017), Intercargo re-iterates its welcoming the entry into force of the Ballast Water Management (BWM) Convention in September.   


Leadership Changes at Newport News Shipbuilding

Lucas Hicks (Photo: HII)

Huntington Ingalls Industries (HII) announced several leadership changes at the company’s Newport News Shipbuilding division. Lucas Hicks has been promoted to vice president of construction for the aircraft carrier John F. Kennedy (CVN 79)


The Impact of Future Global Tides on Energy

Photo: The National Oceanography Centre (NOC), the Natural Environment Research Council (NERC)

 The first comprehensive study of the impact of global sea-level rise on tides has implications for future coastal flood risk, harbour management, and the long term planning of tidal energy sites.    This research, published in Continental Shelf Research by scientists at the


IMS Announces New Client: Campbell Transportation

Dave Hammond (Photo: IMS)

U.S. inland vessel management company Inland Marine Service (IMS) said it has taken on Campbell Transportation Company as its latest client.   A fully integrated marine services company, Campbell is currently undergoing an acquisition with American Commercial Barge Line


ICS Pleased with IMO's Enviromental Progress

Simon Bennett (Photo: ICS)

Commenting on the outcome of last week’s meeting of the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC), the International Chamber of Shipping (ICS) – which represents the world’s national shipowners’ associations – says it is






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright