Wabash National Corporation Appoints New General Counsel
Wabash National Corporation, a diversified industrial manufacturer and a leading producer of semi-trailers and liquid transportation systems, announced the appointment of Melanie D. Margolin as Senior Vice President and General Counsel. She will oversee all of the company’s legal affairs worldwide in areas such as corporate, commercial, regulatory, intellectual property, ethics, compliance and litigation. She brings 21 years of legal experience in a myriad of substantive areas…
Senator Dick Durbinn to Receive Waterways Council Award
U.S. Senator Dick Durbin (D-IL) will receive the 12th Annual Waterways Council, Inc. Leadership Service Award on March 19, 2013 at the Loews Madison Hotel in Washington, DC. He will receive the award during WCI’s Washington Seminar at approximately 2:45 p.m. Senator Durbin is the 47th Senator from the State of Illinois, the state’s senior senator and the convener of Illinois’ bipartisan Congressional delegation. He serves as the Assistant Majority Leader/Majority Whip, the second highest ranking position in the Senate.
Feature:Tidewater Upgrades the Fleet
With over 550 vessels in service, Tidewater, Inc., is by far the world's largest offshore oil service operator. Headquartered in New Orleans, La., Tidewater operates wherever offshore oil and gas is found. While the industry has undergone a slow down in 2002-03, Tidewater is confident that current trends indicate business will improve and the company has been upgrading its fleet of vessels to meet customer needs. "We have a very strong balance sheet," said Stephen Dick, Executive Vice President of operations for North America, North Sea and West Africa for the company. "We have been moving aggressively in the area of new vessel construction, especially U.S. flagged supply boats and crew/supply vessels," Dick added.
Craig Named President and CEO of MOL America
MOL Liner Ltd. has announced that Richard “Dick” Craig has been promoted to President and CEO of MOL (America) Inc. effective June 24, 2014. He has 34 years of experience in the container shipping industry including over 11 years with MOL. MOL Liner Ltd.’s President & Chief Executive Officer Toshiya Konishi said, “Dick was instrumental in bringing MOL (America) Inc. up to one of the most efficient and productive organizations within MOL Liner in the last 10-plus years. Craig, currently the executive vice president, sales and operations of MOL (America) Inc., joined MOL (America) Inc.
Lesar Named New CEO of Halliburton
Halliburton Company's board of directors, elected David J. Lesar, 47, to the board of directors and named him the company's chairman of the board, president and chief executive officer. Lesar replaces Dick Cheney, who resigned to be George W. Bush's Republican Party vice presidential running mate. Lesar, currently the company's president and chief operating officer, joined Halliburton in 1993 as executive vice president and chief financial officer of the Halliburton Energy Services business unit. Subsequently, he served the company in a variety of senior management positions including executive vice president and chief financial officer of Halliburton Company and president and chief executive officer of Brown & Root, Inc.
APRG Expands Training & Response Team
The Alaska Pacific Response Group L.L.C. (APRG) has added Dick Jackson and Tom Jones to its ICS training and oil spill response team staff. Jackson, formerly with Mobil Oil, will be the primary representative for Oregon and California. Jones, formerly with Alaska Clean Seas will be the primary representative in Fairbanks, Alaska and serve APRG's clients in Alaska's interior and North Slope. APRG provides OPA 90 Qualified Individual Services, Spill Management Team services and associated contingency planning, NIIMS ICS training and NPREP exercises to meet OPA 90 and ISM Code requirements for marine operators.
Proposed Fee Reduction
H.B. 168, sponsored by Rep. John Alario (D-Jefferson), would reduce the fees for renewal of riverboat gaming employee permits from $100 to $25 in Louisiana. The measure is pending in the Administration of Criminal Justice Committee.
Stolt Offshore Records High Lay Rate in GOM
Crediting the project team, crew dedication and new pipelay technology for the Gulf of Mexico, Stolt Offshore project manager William Dick announced a high lay-rate achievement on the Williams East Breaks large-diameter pipelay shelf project offshore Texas in the Gulf of Mexico. The shelf pipeline will gather gas production from the proposed deepwater Boomvang/Nansen spars for market delivery and processing. Dick advises that on June 28, “Derrick/lay barge 801” achieved its highest lay rate of 327 joints in a single day on 24-inch diameter pipe with .562-inch wall thickness. “There are not a lot of vessels worldwide—which lay large-diameter pipe—that can beat that achievement.
U.S. Navy To Pay Cheney's Utility Bill?
The White House is asking the U.S. Navy to pay the six-figure utility bill for Vice President Dick Cheney's house, as Democrats accused Cheney, the administration's point man on energy policy, of "staggering insensitivity." The bill for electricity, gas and water for the 33-room official vice presidential residence at the U.S. Naval Observatory is projected at $136,000 for fiscal 2002 which ends in September, compared with a budget of $43,600, the White House said. The bills have far outstripped the budget since an electricity meter was installed in 1998, the White House said. This has driven Cheney to practice the energy conservation…
BAE's New Chairman Designate Joins the Board
Sir Roger Carr will join the Board as a non-executive director & Chairman designate on 1 October 2013 and will succeed Dick Olver as Chairman in the first quarter 2014, following a transition period. Sir Roger, 66, is currently Chairman of Centrica plc and was until recently President of the CBI, the UK’s main business lobbying group. He is also Deputy Chairman and Senior Independent Director of the Court of the Bank of England and a member of the UK Prime Minister’s Business Advisory Group. He will step down as Chairman of Centrica on or before the Centrica AGM in 2014.
HII Host Senators at Newport News Shipbuilding
Huntington Ingalls Industries (HII) hosts U.S. Senators Dick Durbin and Tim Kaine at Newport News Shipbuilding for a tour and discussion on the complexities of shipbuilding. HII President and CEO Mike Petters accompanied the senators on the shipyard tour, which included visits in aircraft carrier and submarine construction facilities and a tour of aircraft carrier Gerald R. Ford (CVN 78) which is about 62 percent overall complete. (The ship's christening is scheduled for Nov. 9, 2013).
Dick Bollinger Passes Away
Dick Bollinger — President Emeritus of Bollinger Shipyards-- died at home surrounded by his loving family. Richard N. Bollinger died at home on January 17, 2012 of natural causes. He was President of Bollinger Shipyards, Inc. from his graduation from LSU in mechanical engineering in 1950 until his retirement in 2003, and remained President Emeritus and Director Emeritus of the company until his death. During his time with Bollinger, he performed almost every job in the shipyard, including lofting, welding, designing and marine engineering.
Senator Dick Durbin Introduces Clean Cruise Ship Act
U.S. Senator Dick Durbin (D-IL) introduced legislation to help protect the world's oceans and the from damage caused by cruise ship pollution. The legislation, known as the Clean Cruise Ship Act, raises current pollution control standards by creating coastal zones in which cruise ships are prohibited from dumping waste, strengthening standards for waste treatment, and increasing surveillance to ensure cruise ship compliance with anti-pollution laws. Durbin says these measures are needed to keep pace with the challenges posed by today's cruise ship industry, whose fleets include larger and larger vessels each year. "In one week, a large cruise ship generates 500…
MMA Honors Alumni
Maine Maritime Academy (MMA) honored its best and brightest at a ceremony held in early November. The college formally recognized alumni success and achievement, student academic success, and faculty achievement at its annual Celebration of Achievement on Thursday, Nov. 9, 2006. Included among those recognized were three outstanding college alumni. All were inducted into the college’s Wall of Honor. Initiated in 1997, the college’s Wall of Honor was created to recognize alumni, who, through achievements in professional and civic life, have brought honor to themselves and to Maine Maritime Academy. Inductees are selected from nominations made at large by alumni and the public.
Petrich President, Port of Tacoma
The Port of Tacoma Commission named Clare Petrich Commission President and elected officers for 2009 on Jan. 22. Positions among Commissioners rotate yearly, based on procedures approved by the Port Commission in 1999. Petrich replaces Port Commissioner Dick Marzano as Commission President. Marzano will serve as Assistant Secretary in 2009. Port of Tacoma Commissioners serve four-year terms. The five-member Commission is the governing body of the Port, setting policy and authorizing major expenditures. Port Commission meetings and study sessions are open to the public and are held at The Fabulich Center (formerly Port Business Center), 3600 Port of Tacoma Road. Pierce County voters first elected Petrich to the Port Commission in 1995. She was re-elected in 1999, 2003 and 2007.
Austin, Senior VP and CEO, Joins Alvarez & Marsal
Key Energy Services, Inc. (NYSE:KEG) announced on Jan. 26 that William M. Austin, Senior Vice President and Chief Financial Officer has decided to join the turnaround and restructuring group at Alvarez & Marsal. He will leave Key on February 6, 2009. Marshall Dodson, who is the Company's Vice President and Chief Accounting Officer, will assume the additional role of the Company's principal financial officer until the Board elects a new Chief Financial Officer. During this interim period, Mr. Dodson will report directly to the President and Chief Executive Officer, Dick Alario. Commenting on the announcement, Mr. Alario said, "Bill's experience in special situations was of tremendous value to Key as the Board set out to re-orient the Company in 2004.
Hypertherm is Now Fully Employee-owned
Hypertherm, a U.S. based manufacturer of plasma, laser and waterjet cutting systems, has announced the transfer of all its common stock into an Employee Stock Ownership Plan (ESOP), making the company 100 percent employee owned under an S-Corporation structure. Previously, Hypertherm’s ESOP, known internally as the Hypertherm Stock Ownership Plan or HSOP, held approximately one-third of the company’s stock. Controlling shareholders Dick and Barbara Couch created the plan in 2001, followed by a Global Stock Value Program (GSVP) for international associates in 2004.
MARAD's Jaenichen to Open NAMEPA 'Winds of Change' Conference
Acting Maritime Administrator, Paul “Chip” Jaenichen will open the “Winds of Change in Shipping” conference being hosted by NAMEPA (North American Marine Environment Protection Association) in Houston along with the WGMA (West Gulf Maritime Association) on February 19, 2014. The next day, February 20th, NAMEPA is partnering with NOIA (National Ocean Industries Association) to present the “Winds of Change in Offshore Oil and Gas”. Adding even more luster to this period is the inaugural Lloyd’s List North American Awards Dinner on February 19th, where winners of 17 categories will be presented.
Containerships Group Not For Sale
sell the company to FESCO or anyone else. Eimskip, which in turn is listed on the Icelandic Stock Exchange. remainder of the company is owned privately in Finland. intend to buy Containerships Group. FESCO and we have no intention of having any discussions with them. Petersburg. terminal in St Petersburg through its Multi Link Terminals subsidiary. It is our main Russian gateway. terminal by illegally closing the access roads to the terminal. terminal and a successful line serving Russia to sell out. will continue to flow freely across our network.
Vendee Leaders Clock 480+ Miles on 30th Race Day
Armel Le Cléac’h, FRA (Banque Populaire) leads the standings in this epic world circumnavigation single-handed race. As they roll seamlessly into their 30th day at sea racing, miles tumbling quickly hour by hour on the heels of strong, 25-30 kts NW’ly winds, the Vendée Globe leaders are consistently returning top speeds but also still proving how closely matched the top of the fleet is. Holder of two 24 hours speed records Jean-Pierre Dick has been the quickest through the night…
As Operators Look for the Bottom, Gulf Gloom Persists
Gulf of Mexico vessel operators want to see sustained, higher oil prices. After a rough two years, supply boat owners and operators in the Gulf of Mexico hope crude oil prices will improve in 2017. That would encourage activity among the offshore drillers that they service and would put unemployed boats back in the water. Vessel owners aren’t necessarily banking on a good year ahead, however. “Utilization of OSVs and PSVs in the Gulf is below 50 percent now, down from about 70 percent a year ago and 90 percent two years ago…
Single-handed Yuletide Southern Ocean
Close to the hypothetical half-way mark Francois Gabart (MACIF) and Armel Le Cléac’h (Banque Populaire) lead the Vendée Globe 2012/13 race. After separating briefly on Saturday, Francois Gabart (MACIF) and Armel Le Cléac’h (Banque Populaire) were back together on Sunday slanting towards the West Pacific gate, 650 miles away. Gabart is just 3.4 miles ahead and 25 miles south of Le Cléac’h. Their present speed in a northwest wind, averaging the fastest in the fleet, with Gabart making 20.5 knots over the last four hours.
Yacht Race Leaders: Cape of Good Hope by New Year?
Vendee Globe leaders Armel Le Cléac’h and his long time running partner François Gabart passed into the Pacific Ocean 9 days ago. As was widely predicted, the twosome have finally been slowed through today. It has been the two skippers which are chasing hard behind, Jean-Pierre Dick and Alex Thomson, who have finally been granted the chance to shine. Dick and Thomson are riding up on a fast moving low pressure system which will ultimately reach and rescue the two leaders from…