Engelstoft Takes Over as Maersk Tankers CEO
Morten Engelstoft has been appointed CEO of Maersk Tankers with effect from January 1, 2014 following Hanne B. Sørensen’s appointment as CEO of Damco. Morten Engelstoft has also been appointed CEO of Services & Other Shipping which consists of Maersk Supply Service, Maersk Tankers, Svitzer and Damco. Maersk Tankers is one of four businesses in Services & Other Shipping which consists of Maersk Supply Service, Maersk Tankers, Svitzer and Damco. The target for Services & Other Shipping…
Maersk Supply Service Names Karstensen CEO
Steen S. Karstensen has been appointed CEO of Maersk's offshore services arm, Maersk Supply Service, with effect from October 24. Karstensen comes from a position as Chief Procurement Officer and takes over from Jørn Madsen, who was recently appointed CEO of Maersk Drilling, effective November 7. Karstensen joined the Maersk Group in 1986 and has had led a 30-year-career with the company in procurement, logistics, supply chain, in-house consultancy and other cross-functional areas.
Korean Register CEO Park Passed Away
Dr. B. S. Park, Korean Register Chairman and CEO, has passed away after a short illness. Dr. Park graduated from Korea Maritime and Ocean University in 1976 and joined Pan Ocean Shipping where he worked in a number of capacities until 2001. In that year he was appointed CEO of Welson Korea Insurance Brokers before becoming COO of Korea P&I Club in 2006. He appointed as Chairman and CEO of KR in December 2014. Dr. Park was 63 and leaves a wife and two children.
New CEO, Co-CEO to Lead MHI Vestas Offshore Wind
Mitsubishi Heavy Industries (MHI) and Vestas Wind Systems (Vestas) have appointed Philippe Kavafyan to Chief Executive Officer (CEO) and Lars Bondo Krogsgaard to Co-Chief Executive Officer (Co-CEO) of MHI Vestas Offshore Wind. The appointments will take effect on 1 April, 2018, and are made in accordance with the joint venture agreement's principle of changing its leadership every four years. Under the leadership of out-going CEO Jens Tommerup and Co-CEO Tetsushi Mizuno, MHI Vestas Offshore Wind has established itself as a leading player in offshore…
Maersk Tankers, Damco Appoint New CEOs
Morten Engelstoft has been appointed CEO of Services & Other Shipping in Maersk. The appointment will have effect from January 1, 2014. In addition Morten Engelstoft will take over the position as CEO for Maersk Tankers, as Hanne B. Sørensen has been appointed CEO of Damco. The changes in Maersk Tankers and Damco will also be effective from January 1, 2014. Services & Other Shipping consists of Damco, Maersk Tankers, Maersk Supply Service and Svitzer. The target for Services & Other Shipping is to reach $500 million in operational profit by 2016.
Brynjar Gevelt Takes on Head Role at MTS
Brynjar Gevelt, who brings with him 14 years in the maritime software and service arena, has been appointed CEO of Marine Transaction Services (MTS). Gevelt's experience includes Corporate Software Development Manager in Marinor Shipping and Offshore Services AS, Technology Director Visma Marine AS (Spectec), and the last three years as Director of products and projects in MTS. The company has added to its product development department with Roger Werner Laug who comes from IT consulting company Tieto Enator where he specialized in the maritime industry.
Forhaug Steps in as CEO at MMT
Marine surveying company MMT has appointed Peter Forhaug as acting CEO from January 1, 2018 while the Sweden based firm conducts its search for a permanent CEO. Forhaug has a background in finance and has acted as a senior advisor to the board of MMT and is representing MMT at the board of the SMaRC research project. MMT founder Ola Oskarsson will serve as vice president to assist Forhaug.
Maersk Group Appoint Divisional CEO's
Morten Engelstoft has been appointed CEO of Services & Other Shipping in Maersk, as well as of Maersk Tankers to replace Hanne B. Sorensen who has been appointed CEO of Damco. The four businesses in Services & Other Shipping (Damco, Maersk Tankers, Maersk Supply Service and Svitzer) will remain individual businesses with their own CEO’s reporting to Morten Engelstoft, who will report directly to Group CEO Nils S. Andersen. “The Group is fortunate to have highly experienced leaders to choose from internally. This makes it possible for us to maintain momentum and keep focus on the business.
Graig Ship Management Appoints CEO
Cardiff-based Graig Ship Management appointed Ian Morgan as CEO. Ian takes over from current CEO John Arkell, who is retiring shortly following almost five years as the driving force behind GSM's growth. position of technical superintendent. In July 2006 Ian was appointed fleet technical manager and in July this year rose to the position of general manager and director of GSM. "We are confident Ian will rise to the challenge of his new key role with the Group, and his strong technical background will be especially beneficial as we continue to innovate our range of newbuilding vessels," said Hugh Williams, CEO of the Graig Group. Graig has successfully supervised the building of over 100 ships of different types at yards in Asia.
Thygesen Named CEO of Svitzer
Henriette H. Thygesen, currently Damco CEO for the Americas, has been appointed CEO of Svitzer with effect from September 1. Thygesen, who joined Maersk Group in 1994, has been with the group for 22 years, of which the last nine with Damco. She has previously worked for Maersk Tankers and Maersk Oil and prior to her current role, she was VP and CEO for Damco in North Asia, based in Hong Kong. She holds a Master of Science, a PhD in Applied Mathematics, and an Executive MBA from Columbia University, New York and London Business School. Svitzer’s current CEO, Robert M.
Gulf Navigation Appoints Parag Jain CEO
Gulf Navigation Holding PJSC (DFM: GULFNAV), the Dubai-based shipping company, has confirmed the appointment of Parag Jain as the company’s new Chief Executive Officer (CEO). The confirmation is a welcome move as Jain has been serving in the capacity of acting CEO since May of this year. With over 20 years of experience in the marine and maritime industry, Parag’s dynamic leadership and proficiency in the business is expected to help steer the company’s journey towards more growth and development.
Smulders Appointed CEO of Radio Holland
Paul Smulders has been appointed CEO of Radio Holland, part of the RH Marine Group (formerly Imtech Marine). Smulders returns to Radio Holland where he started his career ashore in 1989 as sales engineer deepsea, after a career at sea as nautical officer. From 1993 on he fulfilled various positions, such as sales manager for the Radio Holland Hong Kong sales activities in China, Taiwan and Hong Kong, and in the Netherlands as Area Sales Manager and Managing Director of Radio Holland Netherlands.
Kvaerner Appoints Smith VP Business Development
In another significant executive move at its Philadelphia shipyard, Kvaerner announced the appointment of Brian M Smith, as Vice President, Business Development. Until recently, British born Brian Smith held a similar position with Litton Ship Systems, in New Orleans, where he since 1996 has been employed as Director - Business Development/ Strategic Planning. He will take up his position with Kvaerner in Philadelphia during mid November. Smith is a well-established figure within the American commercial shipbuilding market. Prior to his joining Avondale in 1996, Mr. Smith worked extensively in the marketing, strategic planning and business development area, much of it within the maritime industry.
Al Falahi Appointed CEO of GEM
Gulf Energy Maritime (GEM) has appointed UAE national Ahmed Essa Hareb Al Falahi as Chief Executive Officer with the task of spearheading the company's strategy to climb the world's leading tanker operator rankings. Hareb joins the UAE-headquartered corporation after an eight year management career at Etisalat - the Emirates' main telecommunications supplier and the largest single non-oil contributor outside UAE Federal Government development programmes. There he headed the mergers and acquisitions division for the Fortune 500 company currently standing 140th among the Financial Times Top 500 global corporations. Yusr Sultan stepped down to undertake a full time board level role as Director. He will concentrate on corporate policy, management team expansion and GEM's strategic growth.
Top Guns Shuffle at Carnival Corp.
Alan Buckelew, currently the president and CEO of Princess Cruises, is being appointed to the newly created role of Chief Operations Officer of Carnival Corporation & plc effective December 1, 2013, reporting to President and CEO Arnold Donald. Buckelew will have oversight of all maritime and port operations around the world and our group collaborative functions, including information technology; group strategy and global operations; ship retrofits; newbuilds; research and development; risk advisory; and quality assurance.
Deutz Names Strecker CFO
Dr. Andreas Strecker, 56, was appointed as a member of the Board of Management of DEUTZ AG, effective 1 March 2018, and will assume responsibility for Finance, Purchasing, Human Resources and Information Services from 1 April 2018. He succeeds former CFO Dr. Margarete Haase, 64, whose contract ends on April 30 2018. Dr. Strecker previously worked in managerial positions in the Bus and Controlling units of the Daimler Group, most notably for many years as the President and CEO of Daimler Buses North America.
Lund Named New Statoil CEO
At its meeting on March 7, 2004, Statoil's board of directors appointed Helge Lund (42) as new chief executive for the Statoil group. Mr Lund is currently chief executive of Aker Kværner ASA. "Helge Lund was the first choice of the board and we are very pleased that he has agreed to lead Statoil in the years ahead," said Statoil chair Jannik Lindbæk. Lund graduated as a business economist at the Norwegian School of Economics and Business Administrationin Bergen. He also has a master of business administration (MBA) from the Insead business school in France. Before he became chief executive of Aker Kværner, Lund had a number of positions in the Aker RGI system, and before that he had a central role in the top management of Hafslund Nycomed.
J.F. Lehman Acquires Atlantic Marine
J.F. Lehman & Company, a New York-based private equity investor, completed a control investment in Atlantic Marine Holding Company, a provider of repair, overhaul and maintenance services for commercial seagoing vessels and U.S. Navy ships. Atlantic Marine owns and operates two stra¬tegically located shipyards in Jacksonville, Fla. and Mobile, Ala., and leases a third facil¬ity located at the Naval Station Mayport in Jacksonville. Atlantic Marine’s Jacksonville facilities focus on the commercial and U.S. Navy repair market and in recent years has expanded its service offering to the repair and conversion of mega-yachts. The company’s Mobile operation focuses on the bluewater commercial ship re¬pair sector, including vessels that serve the U.S. Defense cargo market.
Welch New CEO of Drydocks World
Dry Docks World announced that Denis Welch has been appointed CEO of Drydocks World South East Asia and will be based in their Singapore Office. Following the recent acquisition of two significant ship repair, shipbuilding and rig building companies, based in Singapore and Batam, Mr. Welch will oversee the expansion of Drydocks World operations in the region. The South East Asian group now encompasses the ex-Pan United Maritime ship repair and ship building facilities in Singapore and Indonesia, and also the Ex-Labroy ship building and rig building yards in Batam. Work is also underway on Batam Maritime Centre, a large repair and ship building facility, which will be established on a 175 hectare plot on the island of Batam.
Kinton to Depart Massachusetts Port Authority
Thomas J. Kinton Jr., the chief executive officer and executive director of the Massachusetts Port Authority, a 1,200-person agency with more than $500 million in annual revenue derived from owning and operating Boston Logan International Airport, two other airports, the public terminals in the Port of Boston, and hundreds of acres of real estate, announced in a letter to employees that he was retiring from the Authority to pursue other interests. With Kinton’s departure, effective June 1, Massport will lose a leader with unrivaled understanding of Massport and how its facilities operate. The Winchester, Mass. resident came to Massport in 1976 filling a temporary job in the engineering department…
German shipbuilder P+S Werften Edges to Brink
German shipbuilder P+S Werften fights for time to stave off insolvency. Troubled German shipbuilder P+S Werften, which operates two of the country's biggest shipyards, has asked some of its customers to pay for ships in advance to bridge a liquidity shortfall and avert insolvency. New Chief Executive Ruediger Fuchs has approached Danish shipper DFDS, passenger ferry operator Scandlines and Greenland's Royal Arctic Line, a P+S spokesman told Reuters recently. The company received a German state guarantee for a 152.4 million euro rescue loan, but Fuchs, who was appointed CEO this month, found that those funds were insufficient to finish building any more ships on order. Source: Reuters
Expiry of Tendrara Option Agreement
Following the announcement of 10 December 2014, the board of Fastnet has elected not to exercise the option to farm into the Tendrara Lakbir Licence onshore Morocco. The option expired on 31 December 2014. "Current market conditions have severely hindered our ability to attract a partner to join Fastnet in the Tendrara opportunity, thus the Board has elected not to exercise the Tendrara Option Agreement. Fastnet has a strong cash balance sheet with over US$18 million in cash.
Adrion Appointed CEO of CP Ships
end of 2005 The new CFO will be Ulrich Kranich, effective 1st February 2006. Miles, who stepped down from his post on 31st December 2005. duties. end of January. functions. in 2004. Adrion is CEO of Hapag-Lloyd Container Line. container shipping industry associations. area. controlling of ship and container system costs worldwide. process of the integration of the two companies.