People Company News

Thruster propulsion specialist Steerprop has appointed Juhani Hupli as its new Director of Service. Hupli, who joined Steerprop in February, will lead the development and delivery of the company’s lifecycle solutions for its thrusters, which operators rely on to maximize reliability and availability while operating in the world’s most challenging marine environments. Hupli will be part of the management team of Steerprop.Hupli brings over 25 years of experience in the maritime industry, having held several senior management roles at Wärtsilä.

Navantia UK has today appointed Donato Martínez as the company's new Chief Executive Officer. Mr Martinez succeeds Juan Ignacio de la Cueva, under whose leadership Navantia UK has accomplished the first steps of the integration of Harland & Wolff, including the unlocking of key investments for the Fleet Solid Support (FSS) program.The leadership change follows a few months of significant progress since the acquisition of Harland & Wolff's four UK shipyards earlier this year. Martinez…

In recognition of the International Day for Women in Maritime on May 18, 2025, Interferry is proud to spotlight Mrs. Supapan Pichaironarongsongkram, board member of Interferry and Chairperson of Chao Phraya Express Boat Co., Ltd., Bangkok, Thailand as a shining example of female leadership in the maritime industry.As a third-generation female leader in maritime family business, Mrs. Supapan has been instrumental in modernizing waterway transportation services across Bangkok, making Chao Phraya Express Boat Co. a cornerstone of sustainable urban mobility.

BAR Technologies, a leader in maritime decarbonization solutions, has appointed Yıldız Saraç Williams as its new Technical Director, effective June 12, 2025. A Chartered Engineer and Naval Architect with extensive consultancy experience, Yıldız joins the company during a period of expansion and global demand for its clean maritime technologies.Yıldız brings more than 25 years of experience from Lloyd’s Register, BMT and Global Maritime, where she led various marine consultancy projects across commercial shipping. She is a Fellow of the Royal Institution of Naval Architect.

BIMCO, the world’s largest shipping association, has elected Paul Pathy, President & CEO of Canada’s largest dry bulk shipping company, Fednav, as President. Pathy was elected at the organization’s general meeting in Copenhagen on Wednesday, May 14, 2025.Paul Pathy takes over as the 47th President and is the first BIMCO President from the Americas. He is taking over from Nikolaus H. Schües, who is finishing his two-year term.“I am honored to take on the role of President at BIMCO.

Fairbanks Morse Defense (FMD) is proud to announce Steve Pykett as he takes the helm as Chief Executive Officer. This transition marks a new chapter as the company continues to build on its legacy and drive forward into new opportunities for growth and innovation.Steve succeeds George Whittier, whose five-year tenure as CEO has left an indelible mark on FMD. Under George's guidance, the company experienced significant growth, bolstered by a strong foundation of the core values of Integrity, Velocity, and Teamwork.

Fincantieri has shared its interim financial results for the first quarter of 2025, showcasing growth across all business segments and achieving its best ever quarter in terms of new orders.Key highlights from the report include:Below are the key highlights from the report:Revenues totalled €2,376 million, up 35% compared to Q1 2024 (€1,767 million).EBITDA: €154 million, a 54% increase from Q1 2024 (€100 million), driven by strong performances in all segments, especially Shipbuilding (+53%).EBITDA margin: 6.5%…

Ferguson Marine (Port Glasgow) Ltd has officially welcomed Graeme Thomson, who began his tenure as CEO at the beginning of May. Thomson, who started his career as an electrician by trade and got into shipbuilding as an apprentice, has extensive construction and shipbuilding experience. He joined Ferguson Marine from Babcock where he was Program Director, overseeing the delivery of Type 31 Royal Navy frigate program.Thomson has dedicated his early days to getting to know the people at Ferguson Marine, setting out his vision for the business and familiarizing himself with its operations.

Hayley Williams, Curriculum Development Manager at Pembrokeshire College, has been recognized for her contribution to Wales’ marine energy sector.Ms Williams was announced as the recipient of the second ever ‘Ysbryd Y Môr’ award at the annual Marine Energy Wales conference in Cardiff.‘Ysbryd Y Môr’ meaning ‘Spirit of the Sea’ is an award established by Marine Energy Wales to celebrate individuals or entities whose passion, commitment and vision have been a driving force behind…

GCE Ocean Technology is strengthening its team with the appointment of Gisle Nondal as Chief Operating Officer (COO).He joins the cluster from his role as Head of Business Development and agriculture at the City of Bergen and will now take on the position of Director of Operations and Projects.Gisle previously held the position as R&D Manager at GCE Ocean Technology and is well-acquainted with the cluster."I am very grateful for the opportunity to return to the cluster, and am looking forward to working closely with the partners and members to increase value creation…

Two Naval Undersea Warfare Center (NUWC) Division Newport engineers have won American Society of Naval Engineers (ASNE) awards for 2024. Michael Connelly, technical project manager for the Undersea Warfare Platforms and Payload Integration Department, is the winner of the Frank C. Jones Award, and Dr. Thomas Ramotowski, a senior chemist for the Sensors and Sonar Systems Department, is the winner of the Solberg Award.The Frank C. Jones Award recognizes naval engineering professionals…

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and handling systems, is honored to welcome George Wilcox as the company’s first-ever Channel Sales Manager.In this new role, Wilcox will work closely with Superior’s dealer network to support development and business planning, coordinate marketing efforts, and align training, inventory, and sales strategies with company goals.“One of the primary objectives of Wilcox’s position is…

XMAR, a maritime technology company, announced that Hans-Christian Mordhorst is joining the company as Chief Executive Officer (CEO). Mordhorst brings more than 25 years of experience in the maritime industry, including a decade of leadership in maritime technology ventures. Mordhorst previously served as Chief Commercial Officer at Marcura Group, a maritime digital solutions provider, where he oversaw transformative technology initiatives for ports and shipping operations. Prior to that, he was CEO of DA-Desk and also held senior leadership roles at A.P.

Today, the Jacksonville Port Authority (JAXPORT) welcomed the maiden voyage of Quetzal, Crowley’s newest LNG-powered containership. With capacity for up to 1,400 20-foot container equivalent units (TEUs), Quetzal provides more cargo capacity than the company’s vessels previously used in the Central American and Caribbean trade with the U.S. and is fueled by lower-emission LNG.Quetzal is the first of Crowley’s new Avance Class of ships—which consists of four new vessels suited to transport perishable goods like food and pharmaceuticals…

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its financial results for the first quarter of 2025, ending March 31. The Company achieved a net profit of QAR 433 million, marking a 3.2% increase from USD$115 million (QAR 420 million) recorded in the same period of 2024. Key Financial Highlights for Q1 2025:Net Profit: USD$118 million (QAR 433 million), up 3.2% year-on-year.Incurred total expenses of USD$184 million (QAR 673 million), reflecting a decrease of 5.7%.This sustained growth is attributed to Nakilat’s strategic fleet expansion…

Danfoss announced that Torben Christensen has been named Chief Financial Officer of Danfoss Power Solutions, effective immediately. Previously Chief Sustainability Officer and Head of Global Services, Danfoss Group, Christensen will join the Power Solutions Leadership Team (PSLT) and report directly to Daniel Winter, President of Danfoss Power Solutions. Winter previously served as CFO before assuming the role of President in January. Christensen is based at the company’s offices in Nordborg…

Saronic has announced the transitions of two of its co-founders into expanded leadership roles. Doug Lambert has been named Chief Operating Officer (COO), and Vib Altekar has been named Chief Technology Officer (CTO). These appointments recognize the critical role each has played in Saronic’s growth.Doug and Vib’s new roles reflect Saronic's technical and operational expertise and will be instrumental as the company continues to scale, deliver for customers, and push the boundaries of maritime autonomy.As Chief Operating Officer…

Navantia UK has announced the appointment of Derek Jones as Chief Commercial and Business Development Officer.Jones brings over 30 years of experience in the defense sector to Navantia UK, including leadership roles at Babcock International Group, BAE Systems, and GEC Marconi. Most recently, he served as Managing Director of the Type 31 Frigate Program at Babcock, where he led a USD$2 billion (£1.5 billion) capital asset design and manufacture contract with the UK Ministry of Defence.During his time at Babcock…

South Korea's state-run Korea Development Bank plans to sell its shares in Hanwha Ocean, Maeil Business Newspaper reported on Monday.KDB plans to split its 19.5% shares in the shipbuilder into multiple block sales, after a bookbuilding from Monday, the newspaper reported, without citing clear sources.KDB was unavailable for comment after business hours.KDB is the second-largest shareholder in Hanwha Ocean, after Hanwha Aerospace, which owns a 30.4% stake, according to LSEG data.The shipbuilder…

HII today reported results for the first quarter of fiscal 2025.First quarter 2025 revenues of $2.7 billion were down 2.5% from the first quarter of 2024, driven by lower volume at Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies.Operating income in the first quarter of 2025 was $161 million and operating margin was 5.9%, compared to $154 million and 5.5%, respectively, in the first quarter of 2024. The increases were primarily driven by a more favorable operating FAS/CAS adjustment…

AS Tallink Grupp has published its unaudited financial results for the first quarter of the current financial year to the stock exchange. The net loss for the period amounted to USD$37.7 million (EUR 33.2 million).“The first quarter was undoubtedly challenging for the company. Consumer and business confidence remains low, with the economic situation in our home markets and ongoing global geopolitical tensions setting the tone. Additionally, extended docking periods and four idle vessels had a significant impact on our results,” said Paavo Nõgene, CEO of AS Tallink Grupp. “On the other hand, if we exclude the impact of the four idle vessels, our results are in line with those of the first quarter of 2019.

ABS presented a Lifetime Achievement Award to Dr. James S. C. Chao, Founder and Chairman of the Foremost Group.The first ABS award of its kind, the honor was presented by ABS Chairman and CEO Christopher J. Wiernicki at the 163rd ABS Annual Members Meeting recognizing Dr. Chao’s contributions to shipping and his legacy of honor, integrity and dedication to the maritime industry.“Dr. Chao not only has a remarkable legacy of achievement but also personifies the finest values of our industry.

Cox Marine announced a series of changes to its commercial operations and sales leadership structure. Over the past three years, Cox Marine has made strides to deliver its first product to market—the 300 V8, the world’s first purpose-built, high-horsepower diesel outboard. Cox Marine is also progressing through the final validation stages for the market-disrupting 350 V8. With these changes, Cox Marine has completed its transition to a business-to-business (B2B) sales model with a defined growth strategy…