Ernst Young Llp News

Singapore has launched its first Maritime Sustainability Reporting Guide to support local companies' sustainability development practices.The guide was jointly launched by the Maritime and Port Authority of Singapore (MPA), Singapore Exchange Limited (SGX), Global Compact Network Singapore (GCNS), Institute of Singapore Chartered Accountants (ISCA), and sustainability consultants from Ernst & Young LLP, KPMG and PwC Singapore.According to MPA, the Guide provides a practical framework, including best practices for creating a maritime sustainability report, for both listed and non-listed maritime companies.The need for the Guide was spurred by industry feedback on the growing need for sustainability reporting guidelines…

Subsea services provider Bibby Offshore Holdings Limited said it has completed the recapitalization of its balance sheet announced on December 5, 2017. The agreement to recapitalize the balance sheet was approved January 10 by 98.7 percent of noteholders of the £175 million (approximately $243 million) 7.5 percent senior secured notes, and makes noteholders the new owners of the group. “The completion of the recapitalization will be transformational for Bibby Offshore and is a major milestone for our business,” said Howard Woodcock, chief executive of Bibby Offshore.

Project, breakbulk and heavylift cargo transporter Intermarine, LLC reports it has promoted Chad Call to Director of Corporate Finance. Call will continue to report to Michael Dumas, Executive Vice President and Chief Financial Officer. In this new role, Call will be responsible for managing the company’s banking relationships, corporate financial analysis, forecasting and financial reporting. Call joined Intermarine in 2010, where he previously served as Intermarine’s Manager of Financial Planning and Analysis.

The National Ocean Industries Association (NOIA) Board of Directors has elected Cindy B. Taylor as Chair and Kevin McEvoy as Vice Chairman for the upcoming 2015-2016 term. Taylor and McEvoy assumed their positions at the NOIA Annual Meeting today in Washington, DC. Since 2007, Cindy has served as President and Chief Executive Officer of Oil States International, Inc., a publicly traded diversified oilfield services company headquartered in Houston. She also serves on the company’s board of directors, and has been NOIA’s Vice Chair for the 2014 -2015 term. “The oil and natural gas industry is tough and resilient. Since I first joined NOIA…

National Response Corporation (NRC) announced the completion of a deal which sees U.K.-based Sureclean Limited become part of the NRC group. NRC is a global provider of diversified environmental, industrial and emergency response solutions. Headquartered in Great River, New York, with regional offices throughout the U.S. and internationally, NRC has approximately 800 employees. Operating both in the U.K and internationally, Sureclean is a provider of specialty industrial and environmental solutions to the oil and gas, petrochemical, renewables, utilities, civil engineering and construction sectors. The company is headquartered in Alness, Scotland with additional offices in the Aberdeen area and employs a permanent staff of 135.

Teekay Corporation and Teekay Tankers Ltd. announced that Bruce Chan, Chief Executive Officer of Teekay Tankers and President of Teekay Tanker Services, has informed the Company of his intention to resign from his position effective June 20, 2014 after more than 18 years of service with the Company. Peter Evensen, Teekay's President and Chief Executive Officer stated, "Bruce Chan has been a dynamic contributor to Teekay's growth and evolution over the past 18 years. He led our conventional tanker business through one of the toughest periods in its history and positioned it for a strong recovery. We appreciate the work he has done to lead this business. Bruce Chan said, "I have truly enjoyed working as part of the executive team at Teekay during its many years of growth.

Maui Acquisition Corp, the parent corporation of The Safariland Group, has  announced the appointment of Christopher E. Kubasik to its Board of Directors effective immediately. In addition to serving on the Board, Mr. Kubasik will also serve as the Chairman of the Company’s Audit Committee. “We are pleased and excited to welcome someone of Chris’ caliber to our Board of Directors,” said Warren Kanders, Chairman and CEO of the Company. Mr. Kubasik added, “I am excited to join this…

Maui Acquisition Corp, the parent corporation of The Safariland Group, a global provider of a diverse range of safety and survivability products designed for the public safety, military, professional and outdoor markets has announced the appointment of Christopher E. Kubasik to its Board of Directors effective immediately. In addition to serving on the Board, Mr. Kubasik will also serve as the Chairman of the Company’s Audit Committee. “We are pleased and excited to welcome someone of Chris’ caliber to our Board of Directors,” said Warren Kanders, Chairman and CEO of the Company. Mr.

Horizon Lines, Inc. (NYSE: HRZ) announced that shareholders at the company's annual meeting today re-elected two Class III directors and ratified the appointment of Horizon Lines' public accounting firm Ernst & Young LLP. During the annual meeting, shareholders re-elected Class III directors Thomas P. Storrs and Bobby J. Griffin. Mr. Storrs has served as a director for the company since June 2007, and Mr. Griffin has served since June 2010. Additionally, shareholders ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 25, 2011. Shareholders also provided a non-binding…

Ernst & Young LLP has announced that Fleet Advantage's CEO John Flynn is a finalist in the "Emerging" category of the company's awards competition, Ernst & Young Entrepreneur Of The Year® 2011. The program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. According to Ernst & Young, Flynn was selected as a finalist from nearly 100 nominations by a panel of independent judges.

Horizon Lines, Inc. (NYSE: HRZ) announced that shareholders at the company's annual meeting yesterday elected three Class II directors and ratified the appointment of Horizon Lines' public accounting firm Ernst & Young LLP. Additionally, the Board of Directors re-elected Chief Executive Officer Charles G. Raymond as its Chairman. During the annual meeting, shareholders re-elected Class II directors Vern Clark and William J. Flynn, and elected Stephen H. Fraser as a new Class II director to succeed Dan A. Colussy, who retired from the board.

President Imports. the industry. He most recently held the position as Foreign Trade Zone Consultant with Ernst & Young, LLP Global Customs and International Trade Practice of Chicago Illinois. Schenker also appointed Joseph A. Veiga as Corporate Import / customs brokerage department as manager He will be based in the Columbus office reporting directly to Paul Killea, Vice President Imports. the industry. Trade Compliance Manager for Ashland Incorporated of Dublin Ohio. offering to Schenker clientele.

Stelmar Shipping Ltd. announced that the Company's Audit Committee, in consultation with the Board of Directors, has selected Ernst & Young as its new independent auditor. Stelmar does not expect this change to affect the filing of any of the Company's financial statements. Peter R. Goodfellow, CEO and president commented, "The selection of Ernst & Young follows a thorough search and evaluation process of several independent auditing firms. The audit committee, which consists of three non-executive directors, concluded that Ernst & Young LLP would bring the appropriate combination of skill and attention to the auditing effort. In keeping with best practices in corporate governance, Ernst & Young will only provide auditing related services to Stelmar."