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.
FSL Trust Sells Vessel to Trim Debt
FSL Trust Management, as trusteemanager of First Ship Lease Trust (FSL Trust), announces that the Trust has sold its chemical tanker, FSL Tokyo, for a cash consideration of US$13.8 million. FSL Tokyo is a 2006, Japanese-built, 20,938 DWT chemical tanker that has been deployed in the spot market. The net proceeds from this Disposal will be applied in full to the outstanding loan facility in 1Q2018. FSL Trust will record a related impairment charge of approximately US$9.0 million in 4Q2017.
Voith Turbo CEO Reinhardt Resigns
Carsten J. Reinhardt, President and CEO of Voith Turbo and member of the Corporate Management Board of Voith GmbH, has resigned Tuesday in order to pursue other interests, the company announced. Dr. Uwe Knotzer will become the new Chairman of the Board of Management of Voith Turbo GmbH & Co. KG and member of the Corporate Board of Management of Voith GmbH with immediate effect Dr. Knotzer has been on the Board of Management of Voith Paper since 2012, where he is in charge of the Products & Services business line.
IHC Merwede CEO Resigns
IHC Merwede’s CEO, Dirk Philips, will step back from his role within the company. Over the past two months, he has led the management board to formulate some important aspects of IHC Merwede’s future business strategy, as well as the appropriate organization required to implement it. The mutual decision on the timing of Mr. Philips’ retirement from his role coincides with the successful completion of this phase of the company’s mission. The supervisory board is currently considering the future composition of the board of management. Therefore, until further notice, the board of management comprises of Bram Roelse (COO) and Dave Vander Heyde (CFO), who will jointly carry out Mr. Philips’ duties. ihcmerwede.com
Paramarine SeaWeigh Selected
Paramarine SeaWeigh, the on-board stability management system and part of the Paramarine suite of advanced marine design software developed by QinetiQ GRC, has been selected by the UK MoD as the on-board stability management system for the Queen Elizabeth Carrier class. Two Queen Elizabeth class carriers are being built for the Royal Navy. HMS Queen Elizabeth is expected to enter service in 2016 and HMS Prince of Wales in 2018. The vessels will displace about 65,000 tonnes (64,000 long tons), be 280 metres (920 ft.) long and have a tailored air group of up to forty aircraft. They will be the largest warships ever to be constructed for the Royal Navy. Paramarine SeaWeigh will be used to manage the impact on stability from complex payloads, their distribution and tank states.
Wärtsilä Announces Management Changes
Professor Matti Kleimola, 54, Lic.Tech. has been appointed Group Vice President, Technology and a member of Wärtsilä NSD´s Board of Management effective July 15. He is currently professor of internal combustion engine technology at Helsinki University of Technology, where he previously held the chair of machine design. Mr Daniel Paro BSc (Eng.), who has headed Research & Development for many years, will take responsibility from a technology standpoint for the launch of Wärtsilä NSD´s new-generation smokeless engines. Pekka Ilvonen, 46, MSc (Eng.) MBA has been appointed Group Vice President, Power Plants and a member of the Board of Management of Wärtsilä NSD Group effective August 1, 2000.
Voith Taps Reinhardt as President & CEO
Carsten J. Reinhardt Becomes Member of the Corporate Board of Management of Voith GmbH and President and CEO of Voith Turbo GmbH & Co. KG. Heidenheim, Germany June 14, 2012 – This is to announce the appointment of Carsten J. Reinhardt as Member of the Corporate Board of Management of Voith GmbH and as President and CEO of Voith Turbo GmbH & Co. KG. As of July 1, 2012, Reinhardt will succeed Dr. Hubert Lienhard who had held this function since January 1, 2012 in addition to his office as President and CEO of the Corporate Board of Management of Voith GmbH.
Wärtsilä's Announces Executive Changes
Jaakko Eskola, 47, MSc (Eng.) has been appointed Group Vice President, Ship Power and a member of the Board of Management. Eskola joined Wärtsilä in 1998 as Managing Director of Wärtsilä Development and Financial Services Oy. Before taking up this position he worked since 1986 in project financing positions for Kansallis-Osake-Pankki and Merita Bank in Luxemburg, London and Helsinki, and in 1997-1998 for PCA Corporate Finance Group Oy. Eskola is currently Vice President, Sales and Marketing for the Power Plants business in Wärtsilä. Executive Vice President Mikael Mäkinen, who currently heads the Ship Power business, leaves Wärtsilä to join another company on April 1, 2006.
Heuer to Take Helm at MTU
Dr. Rolf A. Hanssen, after more than 10 years as CEO of MTU and Head of the DaimlerChrysler Off-Highway Business Unit, will terminate his contract as planned with effect from December 31, 2004. The Board of Management of DaimlerChrysler AG and the Supervisory Board of MTU Friedrichshafen GmbH have selected Volker Heuer, who is currently still Presidente de los Centros Industriales of Mercedes-Benz Espana S. A., to take over as the CEO of MTU Friedrichshafen GmbH and Head of the DaimlerChrysler Off-Highway Business Unit, effective August 1, 2004
Wärtsilä Appoints Group VP
Mr Atte Palomäki (42) M.Sc. (pol.) has been appointed Group Vice President, Corporate Communications, as of March 1, 2008. In this new position Mr. Palomäki becomes a member of the Wärtsilä Board of Management and reports to Mr Ole Johansson, President and CEO. With this appointment Wärtsilä aims to integrate its global corporate communications, brand management, marketing communications and investor relations.
Directorate Changes at Fastnet
Fastnet, the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management changes following the appointment of Carol Law as CEO in December 2014 and a review of the Company's cost structure in light of the lower oil price environment. As a result of this internal review, Will Holland's employment as Chief Financial Officer of the Company has been terminated and he leaves the Board with immediate effect.
Kildahl Named to Höegh LNG Board
Höegh LNG Holdings Ltd. has appointed Mr. Jørgen Kildahl to the Board of Directors of the Company with effect from 15 September 2015. The Board now consists of eight members. Kildahl has since 2010 been a Member of the Board of Management (Vorstand) in E.ON SE. He served as an Executive Vice President in Statkraft AS from 1999 to 2010, where he was also part of the Executive Management Board from 2001. Mr. Kildahl has also held positions in a PR consultant group, as fund manager and served at several boards. In his previous positions, Mr.
Keppel O&M Appoints Chow
The Board and Management of Keppel Offshore & Marine Ltd (Keppel O&M) announces that Chow Yew Yuen (周耀源) has been appointed Managing Director of Keppel O&M with effect from 1 June 2011, reporting directly to Tong Chong Heong, CEO of Keppel O&M. Chow will be based in Singapore, where he will assist the CEO in all aspects of Keppel O&M, and will continue in his role as the President of the Americas for Keppel O&M, in which he oversees the group's business covering the US, Mexico and Brazil.
Lind, Mäkinen Appointed at Wärtsilä
Raimo Lind, MSc (Econ.), Group Vice President, CFO, and Mikael Mäkinen, MSc (Eng.), Naval Architect, Group Vice President, Ship Power, have been appointed Executive Vice Presidents of Wärtsilä Corporation with effect from 1 January 2005. Mr Lind will also act as deputy to President and CEO Ole Johansson. Wärtsilä's current Executive Vice President, Sven Bertlin, retires on 31 December 2004. Raimo Lind, born 1953, holds a Master's degree in Economics and Business Administration. He has been Group Vice President, CFO, of Wärtsilä and a member of the Board of Management since 1998. He was employed by the company between 1976 and 1989, and then rejoined in 1998. He has broad-ranging experience of financial management and international business management.
Smit, Boskalis Merger Protocol
Royal Boskalis Westminster N.V. (Boskalis) and Smit Internationale N.V. (Smit) announced that they have signed a merger protocol for a full merger of the two companies. The transaction will be effectuated through an all cash public offer of $84.5 ex dividend (instead of cum dividend as previously anticipated) by Boskalis for all outstanding shares in Smit. The business combination will create a world class maritime service provider offering a strong platform for further growth. The strategic rationale of the transaction was already supported by the Board of Management and Supervisory Board of both Boskalis and Smit. As previously indicated two large shareholders of Smit…
Nordic Yards Names Aly Managing Director
Dr.-Ing. Herbert Aly has been appointed as the new Chairman of the Board of Management of the Nordic Yards Group. He succeeds Dr. Vitaly Yusufov, who will preserve his links with the company as a member. The appointment of Dr.-Ing. Aly strengthens the top management of the Nordic Yards shipyard group and moves the focus specifically on to high-margin areas of business. "We will further develop our know-how and expertise to deliver best quality, adherence to program and acceptable prices," Dr.-Ing. Herbert Aly said.
Wärtsilä Make Two Board of Management Appointments
Pierpaolo Barbone (55) MSc (Eng.) has been appointed President of Services, Executive Vice President and member of the Board of Management, effective 1 October 2013. Mr Christoph Vitzthum, who currently heads the Services business, will leave Wärtsilä to become President & CEO of Fazer Group. Mr Barbone joined Wärtsilä in 1996. He has held several management positions within the Services business, including leading the Services activities for the Middle East and Asia region and the field services globally.
Black Fills ACE Winches’ New Management Role
ACE Winches has appointed Colin Black as chief commercial officer, a newly created board of management position. Black is responsible for leading and managing the firm’s overall commercial strategy and the management of the ACE Winch Academy. Colin Black stated: “ACE Winches has an enviable reputation as the original equipment manufacturer (OEM) and market leader in deck machinery solutions, and with my operational background I fully understand the demands of an industry facing the challenges of low oil price.
UK Detains 26 Ships
The Maritime & Coastguard Agency (MCA) announced that 26 foreign ships were under detention in UK ports during March 2004 after failing Port State Control safety inspection. detention from previous months. detained in February. increase of 0.3% on the detention rate to February. inspection. * a Liberian, 5320 GT, 1983, reefer for 5 days in Sheerness. with 16 recorded deficiencies. extensive deck corrosion requiring renewal of steel work. Deficiencies indicate failure of on board safety management system. mandatory expanded inspection in Hull. 2 days in Aberdeen. being maintained, no flag State endorsements for mater and officers. Glasgow. allowing for dock water density. discharge of excess cargo.
Hellberg Takes Post at Wärtsilä
B.Sc. (Eng.) Lars Hellberg (45) has been appointed Group Vice President, Head of Engine division and member of the Board of Management as of June 1, 2004. He joins Wärtsilä from Saab Automobile AB in Trollhättan, Sweden where he currently is Executive Director for Customer Satisfaction and Quality. Before joining Saab in 2001, Mr Hellberg has pursued a long career for Volvo in Sweden and in the Netherlands. He has held management positions related to engine and vehicle development, manufacturing and logistics, subsidiary management, corporate business processes, revenue management and global sales. Hellberg joining Wärtsilä now will ensure a smooth change of command during the summer and autumn well in time before Sven Bertlin is due to retire.
IHC Merwede Appoints Bram Roelse as CEO
IHC Merwede announced that it has appointed Bram Roelse as the company’s new Chief Executive Officer (CEO) with immediate effect as of April 1, 2014. He has taken over this leading role within the company from predecessor Dirk Philips who stepped back in November 2013. Roelse has worked at IHC Merwede for the past 13 years. He was originally appointed as the Managing Director of the company’s business unit IHC Systems. At the end of 2004, he moved to the company’s shipyard at Kinderdijk, where he became Director of the Dredging division.
Wärtsilä Appoint Marco Wirén CFO & Executive V-P
Marco Wirén appointed Chief Financial Officer, Executive Vice President & member of the Wärtsilä Corporation Board of Management. Mr Wirén (47), M.Sc. (Econ.) has broad-ranging experience of financial management and international business management. He currently works as Executive Vice President and CFO in the Swedish steel manufacturer SSAB, having held that position since 2008. Prior to joining SSAB as Vice President Business control in 2007, Wirén held several managerial positions…
Energy-efficiency Training Course Now Online
A complete package of training materials on IMO’s energy efficiency requirements is now available to download free of charge from the IMO website. The package, including presentations, posters, exercises and assignments, will be of interest to anyone wanting to understand how to implement the regulations in Chapter 4 of MARPOL Annex VI and what the technical and operational implications are for ship designers, shipbuilders, companies and seafarers. The course has been designed to train individuals to become trainers themselves.