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Management Change at Davie Yards

Davie Yards Inc. (TSX:DAV) announced that Alain Tanguay has tendered his resignation as Chief Financial Officer of the Corporation, effective February 26, 2010, to pursue other career opportunities. The Corporation has begun a search for a new CFO. Marc Veilleux, Davie's Vice President, Finance, will act as interim CFO until a successor is identified. (www.davie.ca)


Woo New CFO at STX Europe

Ole Heggheim, Chief Financial Officer and executive vice president of STX Europe, has decided to resign from his position. Byung-Ryun Woo has been appointed as new CFO, and Hans-Jørgen Wibstad has been appointed as senior vice president for Performance, Budget and Control. Byung-Ryun Woo comes from the position as CFO with STX Panocean in South Korea. Hans Jørgen Wibstad comes from the position as managing director for DFDS Lys Line AS


Adrion Appointed CEO of CP Ships

The board of CP Ships Limited has appointed Adolf Adrion new CEO effective 1st January 2006 following the completion of the acquisition of CP Ships by Hapag-Lloyd at the end of 2005 The new CFO will be Ulrich Kranich, effective 1st February 2006. Adrion, also executive board member of Hapag-Lloyd AG, is retaining his previous responsibilities and is taking over from former CP Ships CEO Ray Miles, who stepped down from his post on 31st December 2005.


Thuraya Appoints Chenel CFO

Patrick Chenel Thuraya CFO web.jpg

Thuraya Telecommunications Company, the leading international mobile satellite services (MSS) operator has announced the appointment of Patrick Chenel as Chief Financial Officer.  In addition to leading Thuraya’s financial management, planning and reporting functions, he will also be responsible for maintaining and developing the Company’s relationships with the relevant financial institutions and strategic suppliers across the globe


Ocean Installer Appoints New CFO and CCO

Ole Sanne has accepted the new position of CCO at Ocean Installer, and Jim Dåtland will join Ocean Installer as the new CFO. Mr. Sanne and Mr. Dåtland enter their new positions mid-February 2013. Mr. Sanne has been with Ocean Installer since the company’s inception and has more than 15 years of experience from the subsea sector, of which 12 years in senior managerial positions, including as Finance and Company Director for Subsea 7 Norway.


Ensco CFO Jay Swent to Retire

Jay W. Swent IIIExecutive Vice President and Chief Financial Officer

  Ensco plc announced today that EVP & CFO Jay Swent, 64, will be retiring after more than 11 years of service. Mr. Swent will continue to serve in his current role until the succession process has been completed and a new CFO has been named. The completion of the succession process may extend into the first half of next year. “Jay has been integral to Ensco’s major achievements over the past decade as the company has grown to become an industry leader


Adrion Appointed CEO of CP Ships

The board of CP Ships Limited has appointed Adolf Adrion new CEO effective 1st January 2006 following the completion of the acquisition of CP Ships by Hapag-Lloyd at the end of 2005 The new CFO will be Ulrich Kranich, effective 1st February 2006. Mr Adrion, also executive board member of Hapag-Lloyd AG, is retaining his previous responsibilities and is taking over from former CP Ships CEO Ray Miles, who stepped down from his post on 31st December 2005.


Keppel Charts The Next Lap Of Growth

The Board and Management of Keppel Corporation Limited (Keppel Corp) has announced  the Group's holistic succession plan in charting its next lap of growth. On 1 January 2014, Mr Choo Chiau Beng, 65, CEO of Keppel Corp, will be succeeded by CFO Mr Loh Chin Hua. At Keppel Offshore & Marine Ltd (Keppel O&M), Mr Tong Chong Heong, 66, will be succeeded by COO Mr Chow Yew Yuen as CEO with effect from 1 February 2014.


Spivak Appointed CFO, Seaspan

Logo

 Seaspan Corporation announced today that David Spivak is joining the Company as its Chief Financial Officer, starting May 2, 2016. Mark Chu will continue to serve as interim CFO until David's arrival, whereupon Mark will continue in his current roles as Vice President, Corporate Development and General Counsel. David has over 20 years of corporate finance and global capital markets experience. From 1995 to 2012, he worked at Citigroup, serving in various roles


TORM CFO Zacho Resigns

Photo: TORM

Mads Peter Zacho, Chief Financial Offer at TORM, has resigned to become Chief Executive Officer at J. Lauritzen A/S. Mads has been with TORM since 2013 and will remain with the company for a transitional period to effect an orderly handover of his responsibilities, TORM said. Senior Vice President Christian Søgaard-Christensen, currently TORM's Head of Corporate Support and part of the Senior Management Team, has been named as acting CFO


Volvo Penta Names Ljungström VP of Finance, CFO

Lars Ljungström (Photo: Volvo Penta)

 Lars Ljungström has been appointed to vice president of finance and chief financial officer (CFO) for Volvo Penta of the Americas, effective July 2017.    Ljungström will provide strategic leadership over finance, planning, budgeting and reporting for North


Voith Opens 'Digital Campus' in Raleigh

From left to right: Ashley Cagle, Wake County Economic Development; Stephan Keuschnigg-Zingl, Voith Digital Solutions; Marc Begin, Voith Digital Solutions; Representative Cynthia Ball, N.C. House of Representatives; Darryl Stevenson, Voith Digital Solutions; Rene Habets, Voith Digital Solutions; and Jenn Bosser, City of Raleigh, Office of Economic Development and Innovation. (Photo: Voith)

 Voith marked the opening of its new high-tech campus with a ribbon-cutting ceremony Monday that was joined by many key Voith executives and local dignitaries and community leaders.   The Digital Campus is the latest venture of the Voith Digital Solutions Division (DS): a campus where


Nordic American Appoints New CFO

Photo: Nordic American Offshore Ltd

 Nordic American Tankers (NAT) and Nordic American Offshore (NAO) has appointed Bjørn Giaever (50) as Chief Financial Officer (CFO).    He is expected to join us later this year and as early as possible. Giaever joins NAT/NAO from the well reputed firm of Fearnley


Giaever to Take Over as CFO at NAT, NAO

 Bjorn Giaever will take up his position as the new chief financial officer (CFO) at Nordic American Tankers Limited (NAT) and Nordic American Offshore Ltd. (NAO) from October 16, 2017.   Giaever joins NAT/NAO from maritime focused investment bank Fearnley Securities AS


Glickman to Take over as ZIM CEO

File photo: ZIM

Eli Glickman has been nominated by ZIM Integrated Shipping Services’ board of directors as the container carrier’s new president and CEO.   Glickman will assume the role July 1, replacing current CEO Rafi Danieli, who last year advised that he would be stepping down


Intellian to Debut Convertible 60cm Class Antenna

Photo: Intellian

Intellian Technologies, provider of maritime satellite communications and entertainment systems, said it will introduce the v65; a 60cm class Ku/Ka convertible satellite communications system at the Satellite 2017 show in Washington D.C.  


Norway's Solstad Offshore, Farstad Shipping and Deep Sea Supply Agree Merger

Photo: Solstad Offshore ASA

 Norwegian OSV companies Solstad Offshore, Farstad Shipping and Deep Sea Supply have signed off on merger plans first announced on February 6, 2017.   The statutory merger plans have been approved and signed by the boards of Solstad, Farstad


Anthony and Nicolás Remain on Hapag-Lloyd Board

Photo: Hapag-Lloyd AG

 Hapag-Lloyd AG has announced the continuity in the executive management - Anthony J. Firmin remains COO and Nicolás Burr remains CFO.   The Supervisory Board of Hapag-Lloyd AG extended the Executive Board contracts of Anthony J


The Switch Returns to Profitability

Image: The Switch

Advanced drive train technology specialist The Switch said it has seen a sharp jump in growth over last year, increasing its net sales from $43 million to more than $78 million, and returning to profitability after several years of losses.   


RCL Announces Share Buyback Plan

Photo: Royal Caribbean Cruises

 Royal Caribbean Cruises has announced board authorization for a $500 million share repurchase program.   The company said that it received board approval to implement a program to repurchase up to $500 million of its common stock


Great Lakes Pilotages Go Live with Saab

Photo: Saab

The Canadian Great Lakes Pilotage Authority (GLPA) and the Great Lakes Pilotage Division of the U.S. Coast Guard have opened the 2017 shipping season using an upgraded Great Lakes Pilot Management System based on the latest version of Saab’s KleinPilot.  


Avance Gas Expects Weak 2017, Recovery from 2018

Peder Simonsen (Photo: Avance Gas Holding)

Shipping firm Avance Gas Holding , which transports liquefied petroleum gas (LPG), expects freight rates for its vessels to remain weak in 2017 despite an improvement in the last two weeks, the Oslo-listed firm said. A sharp influx of newly built very large gas carriers (VLGCs) pushed global


TORM Buys Resale MR Tankers from GSI

(Photo: TORM)

Danish ship owner TORM said it has purchased four resale medium range (MR) tankers from Chinese shipbuilder Guangzhou Shipyard International (GSI), with an option to purchase up to four additional MR vessels.   The first four vessels are due for delivery in 2019


Caterpillar CFO to Retire in 2018

Brad Halverson (Photo: Caterpillar)

 Caterpillar Inc. will begin its global, external search for a new chief financial officer after it announced that group president and CFO Brad Halverson has elected to retire in early 2018, concluding a career spanning more than three decades with the company.  


New CEO Takes the Helm at Intermarine

Andre Grikitis (Photo: Intermarine)

Project, breakbulk and heavylift cargo transporter Intermarine, LLC said its president and CEO, Al Stanley, has stepped down to pursue other opportunities.   Stanley was succeeded by Andre Grikitis, who assumed the role of President & CEO of Intermarine






 
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