Executive Board News

15 Jan 2019

V.Ships Hamburg Appoints Nils Aden as MD

Pic: V.Group

V.Group has announced the appointment of Nils Aden as Managing Director of V.Ships Germany in Hamburg.The global marine and offshore vessel management and support services provider said in a press release that the announcement reaffirms its commitment to growing in, and leading the transformation of, the German shipmanagement market.Last year, V.Group announced that it would invest in a centre of excellence for container shipmanagement in Hamburg, bringing together the best expertise to deliver the highest quality service for its customers.As the shipmanagement segment consolidates…

11 Jan 2019

Hapag-Lloyd Names Rothkopf COO

Maximilian Rothkopf. Pic: Hapag-Lloyd

Hapag-Lloyd has announced that Maximilian Rothkopf  is to be its new chief operating officer (COO). He will take over as new COO of Hapag-Lloyd when Anthony J. Firmin retires in late June.Maximilian Rothkopf, who holds a master's degree as well as a doctorate in business administration, has been a Partner since 2014 at McKinsey & Company, where he has been a member of the global Travel, Transport and Logistics (TTL) leadership team. He started his career in 2005 at the management consulting firm…

05 Dec 2018

HyperloopTT, Hamburg Port Operator in Shipping JV

Pic: Hyperloop

Port of Hamburg terminal operator Hamburger Hafen und Logistik Aktiengesellschaft (HHLA) joined force with Hyperloop Transportation Technologies (HyperloopTT/HTT) to form a new company.According to a press release from HTT, the company will focus on integrating the latest container movement innovations with hyperloop technology into the largest rail port in Europe. Additionally, the new company will bring this new technology to ports, shipping, and logistics companies around the…

13 Nov 2018

OMV, Sapura Energy Sign Pact

Image: Sapura Energy Berhad

Malaysia’s Sapura Energy has entered into a heads of agreement with Austria’s OMV to form a strategic partnership and acquire half of Sapura Upstream for $1.6 billion."Under the agreements, OMV Exploration and Production GmbH (OMV E&P), a wholly-owned subsidiary of OMV Aktiengesellschaft, will buy a 50 per cent stake of the enlarged issued share capital in a newly-formed joint venture company, SEB Upstream Sdn Bhd (SUP), based on an enterprise value of up to USD1.6 billion comprising an equity value of up to USD1…

08 Nov 2018

Panoro Energy Buys OMV Tunisia

Image: Panoro Energy

London-based E&P company Panoro Energy said its Norwegian subsidiary Panoro Tunisia Production has reached an agreement with OMV Exploration & Production GmbH to acquire 100 percent of the shares of OMV Tunisia Upstream GmbH.According to the Oslo-listed company, the acquisition is for a cash consideration of $65 million.OMV Tunisia Upstream holds a 49 percent interest in five oil producing concessions in Tunisia with net 2P reserves of 8.1 million barrels, and net production of approximately 2…

05 Nov 2018

WISTA Elects New BoD, Honors 2018 Personality of the Year

Kathy Metcalf, CEO CSA

Kathy Metcalf, CEO of the Chamber of Shipping of America, was honored as the 2018 WISTA International Personality of the Year.New WISTA BoardWomen's International Shipping and Trading Association (WISTA) elected Connie Roozen, Director of C&B More (WISTA the Netherlands) as Treasurer and Angie Hartmann, Vice President Crew Affairs, Starbulk S.A. (WISTA Hellas) as Board Member, to the WISTA International Executive Committee at their 38th International Annual General Meeting in TromsØ, Norway on October 24, 2018.

31 Oct 2018

WISTA International Elects New Board Members

Photo: WISTA International

Women's International Shipping and Trading Association (WISTA) elected Connie Roozen, Director of C&B More as Treasurer and Angie Hartmann, Vice President Crew Affairs, Starbulk  as Board Member, to the WISTA International Executive Committee.Sanjam Gupta, Director Sitara Shipping, was re-elected to a third term on the Executive Committee. Kathy Metcalf, CEO of the Chamber of Shipping of America, was honored as the 2018 WISTA International Personality of the Year.Connie Roozen is Director at C& B More, a tax consultancy firm. Roozen has served as Treasurer for WISTA the Netherlands since 2014.

25 Oct 2018

Port of Rotterdam Authority to Invest in Port of Pecém

Allard Castelein, the CEO of the Port of Rotterdam Authority, and Camilo Santana, Governor of the Brazilian state of Ceará, sign an investment agreement regarding the Port of Rotterdam Authority’s participation in the development of the port of Pecém. Photo: Port of Rotterdam Authority

Allard Castelein, the CEO of the Port of Rotterdam Authority, and Camilo Santana, Governor of the Brazilian state of Ceará, signed an investment agreement regarding the Port of Rotterdam Authority’s participation in the development of the port of Pecém.The agreement sets out how the Port of Rotterdam Authority will be investing some EUR 75 million in Pecém’s port-industrial complex, constituting a 30% share in this enterprise.In addition, the Port of Rotterdam Authority will gain…

17 Oct 2018

TOTE Touts 'LNG-as-Fuel' Experience

Peter Keller, Executive Vice President, TOTE. (Photo: Greg Trauthwein)

Build it and they will come mentality serves TOTE well on ‘world first’ LNG ContainershipsAs the marine industry collectively struggles to find solutions to the mounting mandates to cut emissions, U.S. owner TOTE, which broke ground three years ago with the world’s first LNG-fueled containership, has more than 36 months experience operating almost exclusively on LNG. To date it has been a rousing success.As environmental mandates for ships continue to get stricter, particularly…

17 Oct 2018

MAN Energy Solutions Offers Decarbonization Incentives

Panel participants included Wayne Jones (third from right), along with Panos Zachariades, technical manager, Atlantic Bulk Carriers Management; Dimitris Matthaiou, CEO, Arcadia Shipmanagement/Aegean Bulk; Georgios Polychroniou, coordinating director of strategic and corporate activities development, Public Gas Corporation (DEPA) SA - Poseidon Med II project manager; and Stamatis Tsantanis, chairman and CEO, Seanergy Maritime Holdings (Photo: MAN Energy Solutions)

“MAN Energy Solutions believes fully in its technology, to the extent that we pledge to subsidize the first 10 shipowners that convert their engines to LNG [liquefied natural gas] or a gas-derived fuel – up to a cumulative total of 2 million Euros – because I think someone has to stimulate the industry to think more holistically and long-term,” said the engine maker's chief sales officer and executive board member Wayne Jones OBE, at a recent conference in Athens.Jones was speaking at the 4th annual Naftemporiki Shipping Conference…

26 Sep 2018

thyssenkrupp to Overhaul Indian Navy Submarine

(File photo: Indian Navy)

German manufacturer thyssenkrupp has been awarded a 410 Crore contract with Mazagon Docks Shipbuilders Limited (MDL) to refit the Indian Navy’s Shishumar-class non-nuclear submarine, INS Shishumar. The Medium Refit and Life Certification (MRLC) contract for the submarine will commence in October this year and is expected to be completed by 2021. The upgrade will extend the operational life of the submarine by at least 10 years.Dr. Rolf Wirtz, CEO of thyssenkrupp Marine Systems…

19 Sep 2018

Gulftainer Signs 50-year Lease for Port of Wilmington

Peter Richards, Group CEO of Gulftainer; Delaware Gov. John Carney; H.E. Yousef Al Otaiba, Ambassador of the United Arab Emirates to the United States; and Badr Jafar, Chairman of Gulftainer’s Executive Board, at the ceremony marking the Port of Wilmington concession agreement signing. Photo by Gulftainer

Gulftainer, the world’s largest privately-owned independent port operator and logistics company based in the United Arab Emirates, finalized a 50-year concession agreement with the state of Delaware to operate and develop the Port of Wilmington, significantly expanding the company’s global footprint and reach.The agreement, signed by Gulftainer’s subsidiary GT USA, will see an expected investment of up to $600 million in the port to upgrade and expand the terminal and to turn…

12 Sep 2018

New Strategies to Guard Against Future Security Threats

©Hamburg Messe und Congress, Rolf Otzipka

The international conference on maritime security and defense (MS&D), held for the seventh time in Hamburg during the SMM maritime trade fair, focused on current and future challenges to maritime security and defense. Twenty naval, industrial and science experts discussed topics such as how to protect international ocean trading routes, when and how to deploy naval forces on crisis missions, as well as cyber security issues.The welcome address opened the event with somber words as Rear Admiral Thorsten Kähler…

07 Sep 2018

RWE Reserves German LNG Import Capacity

Image: Port of Hamburg

Europe’s leading energy companies RWE and German LNG Terminal GmbH, the joint venture driving forward Germany’s first LNG terminal in Brunsbüttel in Northern Germany, have reached an agreement for a considerable part of the terminal’s capacity on a long-term basis.This contract follows a successful “Open Season” in which market interest was tested. The total capacity of the combined LNG import and small-scale terminal will be 5 billion cubic metres. RWE has signed a contract that guarantees RWE access to substantial annual capacity.Andree Stracke…

04 Sep 2018

BW LPG Chooses New MAN B&W ME-LGIP Technology

Image: MAN Energy Solutions

MAN Energy Solutions has announced the first retrofit orders for its new MAN B&W ME-LGIP LGP-powered engine.The contract with Oslo-listed BW LPG involves the world’s first retrofitting of four MAN B&W 6G60ME-C9.2 HFO-burning engines to 6G60ME-C9.5-LGIP LPG-propelled dual-fuel engines, plus options for further retrofits in the future. BW LPG expects the first retrofitting to take place in conjunction with scheduled drydockings, starting 2020.The deal was signed in advance of the official launch of the MAN B&W ME-LGIP engine in Copenhagen on Monday…

30 Aug 2018

Port of Rotterdam Pact for Brazil's Pecém Port

Photo: Port of Rotterdam Authority

As shareholders in the Port of Rotterdam Authority, the Municipality of Rotterdam and the Ministry of Finance have approved the participation in the Port of Pecém, a rapidly growing port in Northeast Brazil.The participation involves an investment of some 75 million euros and, in addition to holding 30% of the shares, the Port of Rotterdam Authority will have joint control of strategic decisions and positions at Executive Board, Supervisory Board and management level.The Port of Rotterdam Authority and Ceará State are expected to sign the decision next month…

24 Aug 2018

Port of Hamburg to Begin Elbe Deepening

Photo: Hafen Hamburg Marketing

The Port of Hamburg will soon be able to welcome 20,000+ TEU containerships as the plan to dredge the river Elbe has finally received the approval from German authorities.A third supplementary planning procedure requested by the Federal Administrative Court has been conducted by the planning agencies responsible for the major project. The legal preliminaries are therefore in place that will enable construction to start.“This is very good news for our trading and shipping customers worldwide and for the whole Hamburg Metropolitan Region…

23 Aug 2018

Scott Phillips Appointed Hiab President

Scott Phillips. Photo: Cargotec

Scott Phillips has been appointed President of Hiab crane manufacturing division of Cargotec group as of 1 October 2018. He will be a member of the Cargotec Executive Board and report to CEO Mika Vehviläinen. Scott Phillips joins Cargotec from General Electric where he holds the position of Vice President and CEO Mining. Prior to that, he has during his 28 years' career held various global leadership positions in the construction and mining industries, working for Sandvik and Caterpillar Inc., among others. "I warmly welcome Scott to Cargotec and Hiab.

23 Aug 2018

Eco-friendly Power for Container Ships in Hamburg Port

Becker Marine Systems, Hapag-Lloyd and HHLA are testing the Becker LNG PowerPac as an alternative power supply at the Port of Hamburg. The compact system is located here at the Container Terminal Burchardkai (CTB). Photo: Port of Hamburg

Port of Hamburg is taking a further step toward improving air quality at its port. Innovative technology developed right here in the city is set to enable large and very large container ships to switch off their auxiliary diesel supplies during lay time and instead draw the power they need for on-board operations from a new kind of mobile generator.Becker Marine Systems, Hapag-Lloyd AG and Hamburger Hafen und Logistik AG (HHLA) have been testing the new technology as part of a joint pilot project since the start of the year.

09 Aug 2018

Kalmar and HHLA in Straddle Carrier Pact

Image: Kalmar

Kalmar, part of Cargotec, has concluded a deal with Hamburger Hafen und Logistik AG (HHLA), the leading European port and transport logistics group, to supply a total of 10 new straddle carriers.This brings the total number of Kalmar straddle carriers ordered by HHLA in the last two years to 30, further demonstrating the strong relationship with Kalmar and the company's commitment to Kalmar equipment. The order was booked in Cargotec's 2018 third quarter order intake, with delivery scheduled to take place in Q1 2019.

01 Aug 2018

Diana Shipping Appoints Directors and Executive Officers

Board of Directors. Photo: Diana Shipping Inc.

Diana Shipping announced that, effective August 1, 2018, the Company increased the size of its Board of Directors from nine to eleven members.The global shipping company specializing in the ownership of dry bulk vessels appointed Christos Glavanis to serve as a Class I Director and appointed Mr. Andreas Michalopoulos, the Company’s Chief Financial Officer and Treasurer, to serve as a Class III director, in each case effective August 1, 2018.The Board has determined that Glavanis is an “independent director” as such term is defined under the Securities Exchange Act of 1934…

23 Jul 2018

Damen Takes Over Mangalia Shipyard

Photo: Damen Shipyards Group

To signify its first day of operations at Damen Shipyards Mangalia in Romania, Damen held a ceremony at the yard on Monday, July 23.The celebrations mark Damen’s completion of the transaction with Daewoo Shipbuilding & Marine Engineering (DSME) for the Mangalia shipyard, formerly known as Daewoo Mangalia Heavy Industries (DMHI). The yard, which will be renamed Damen Shipyards Mangalia, will be operated as a joint venture with the Romanian Government. Damen will assume operational control.The yard is located on the Black Sea coast…

10 Jul 2018

Hapag-Lloyd AGM Okays All Proposed Resolutions

Image: Hapag-Lloyd

Hapag-Lloyd AG shareholders approved with the required majority all items on the agenda put to a vote at the Annual General Meeting in Hamburg. This included an agreement upon the use of the net profit (item 2) and thereby the payment of a dividend of EUR 0.57 per share. Shareholders also formally approved the actions of the sitting members of the Executive Board for the financial year 2017 (item 3) and also the actions of the sitting members of the Supervisory Board (item 4) for that period.

Maritime Reporter Magazine Cover Dec 2018 - Great Ships of 2018

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