People And Company News

Four Seasons and Marc-Henry Cruise Holdings Ltd., Joint Owner and Operator of Four Seasons Yachts, announce the appointment of Ben Trodd as Chief Executive Officer of Marc-Henry Cruise Holdings Ltd., effective July 1, 2025. A trusted leader with global experience in luxury hospitality, Trodd brings a combination of strategic acumen, operational expertise, and a deep understanding of the Four Seasons brand. Having spent more than 25 years at Four Seasons, Trodd brings operational and commercial expertise shaped by a career that has spanned regional and global oversight.

The Chamber of Shipping of America has recognized 57 Crowley-owned or -managed vessels with its Jones F. Devlin Safety Awards, honoring the achievements and hard work of crews that together completed a total of 478 years without a lost time injury.The Jones F. Devlin Safety Award honors the commitment of people and companies responsible for long-term operational safety, recognizing vessels that have operated for at least two consecutive years without a crew member losing time due to injury.

SCHOTTEL GmbH announced the appointment of Holger Trecksel as Managing Director of its subsidiary SCHOTTEL Far East, effective July 1, 2025. He succeeds Joachim Schein, who has played a pivotal role in the company’s development and success over the past two decades.Holger Trecksel brings 23 years of experience in the maritime industry to his new role. Holding degrees in naval architecture and business administration, he became familiar with SCHOTTEL early in his career. Since then, he has held increasingly senior positions across at various maritime companies.

Condon Claims Management, a leading claims management advisory firms, has acquired US-based Marine Claims Associates LLC.The acquisition marks a strategic milestone for Condon Claims Management, which is part of the Thomas Miller Group, as the firm continues to broaden its presence in the US market, enabling it to offer greater claims management and adjusting services in the maritime, logistics, energy and construction sectors.Crucially, Marine Claims Associates’ vast experience…

WE Tech Solutions, a provider of energy solutions for the shipping industry, has announced the opening of a new office in China. This strategic expansion highlights the company's commitment to strengthening its global presence and enhancing its ability to serve customers in the rapidly growing Chinese market.The new office, located at Kingboard Plaza, 269 Tongxie Road, Changning, Shanghai, China, will serve as a hub for sales and customer support while fostering closer collaboration with local partners…

Teledyne Technologies Incorporated announced the acquisition of assets of Maretron, including the brand’s Octoplex, MPower and MConnect product lines from Littelfuse, Inc. The purchase will allow Teledyne’s Raymarine business to deliver deeper integration and automation for boat builders as a one-stop-shop, expand product functionality for consumers, and create new and exciting business opportunities for Raymarine and its partners. Raymarine intends to maintain Maretron’s trade…

Bardex, a leader in products and engineering services that make ports and shipyards safer, more efficient, and more profitable, has announced the opening of its office in Melbourne, Australia. Despite its extensive coastline, Australia historically has not prioritized developing its maritime infrastructure. However, the demand for ports and shipyards that support maritime sustainment, developing offshore wind, and decommissioning end-of-life oil and gas assets is growing and will…

The International Association of Dredging Companies (IADC) bestowed the Young Author Award 2025 to Rick van de Wetering, Research Engineer at Royal IHC and Ph.D. candidate at Delft University of Technology, the Netherlands. IADC’s Young Author Award is given annually to “stimulate the promotion of new ideas and encourage younger men and women in the dredging industry." The award is granted at industry-leading conferences, with 2025’s winning young authors selected from the proceedings of the 24th WODCON Congress…

Webb Institute, an undergraduate college specializing in naval architecture and marine engineering, celebrated its 2025 Commencement Ceremony on Saturday, June 21, welcoming George Economou, founder of DryShips Inc., the TMS Group, and the owner of Cardiff Marine, as the keynote speaker. The event, held on Webb’s waterfront campus, marked a powerful moment for the graduating class and reaffirmed Webb’s place at the forefront of the resurgent U.S. maritime industry.“It is good to feel like being home despite not having studied here,” said Economou.

Stig Magne Espeseth, who has headed up Norway-based ship designer HAV Design for the past 20 years, will step down as managing director and move into the role of SVP Design. In his new role as SVP Design, Espeseth will apply his unique competence to further develop the company’s design department in order to develop new ship designs that will be offered to the market in line with a revised business development and sales/marketing strategy. He will also head up development of design…

Norwegian state-owned utility Statkraft said on Wednesday it would cut its annual costs by around 15% or 2.9 billion crowns ($292 million) by 2027, citing increased global uncertainty, higher expenses and lower power prices.The company already announced in May that it had stopped developing new green hydrogen projects due to higher costs and uncertain demand, after it scaled back its hydrogen ambition last year."Statkraft needs to adapt to the changing market and increased geopolitical uncertainty…

Danske Commodities CEO Helle Ostergaard Kristiansen will step down to become head of the gas and power unit of parent group Equinor, the trading house said on Tuesday.Danske Commodities' Chief Financial Officer Jakob Sorensen, who joined the company 20 years ago as a power trader, will take over as new CEO as of September 1, it said in a statement.Kristiansen replaces Helge Haugane who in April was named head of a new Equinor business area formed by the group's power assets.Danske Commodities, which specialises in power and gas trading, is active in more than 40 countries, including Australia,

NAVTOR has reaffirmed its commitment to providing world-class service and support to customers in Türkiye and the surrounding region with the launch of NAVTOR Türkiye in Istanbul.NAVTOR, with products and services on over 18,000 vessels in the world fleet, has acquired 100% ownership in Voyager Worldwide Yasden (Yasden). The new office will be led by Managing Director Sena Deral Sezgi, supporting regional shipping companies with e-Navigation and performance solutions to simplify compliance…

Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, which was opened by The Honorable Vassilis Kikilias, Minister of Maritime Affairs and Insular Policy, Hellenic Republic of Greece, the organization announced several major developments, marking a pivotal moment for global maritime leadership.The board of ICS unanimously recommended John Denholm CBE as the successor to current Chairman, Emanuele Grimaldi. Mr. Denholm will take up the role following the conclusion of Mr. Grimaldi’s term at the ICS AGM in June 2026. Mr.

Bolidt has acquired a majority stake in Florida-based Boteka, a move intended to consolidate Bolidt’s position in the global cruise industry.As a specialist in prefabricated elements for cruise ships, Boteka has worked exclusively with Bolidt products during a 14-year relationship that has seen the two parties serve major operators including Norwegian Cruise Lines, Royal Caribbean Group, and Celebrity Cruises. The collaboration has covered both newbuild and retrofit projects.In line with Bolidt’s ‘all-under-one-roof’ principle…

Flex-lay specialist Maritime Developments Ltd (MDL) has appointed David Hunt to the Board, into the newly created role of Technical Director.David brings with him over 20 years of offshore project delivery leadership across global Contractor and Operator roles, including CNOOC, Neptune Energy, Bibby Offshore and Acergy.At MDL, he will be responsible for growing the company’s engineering capability as the organization continues to scale and diversify its global operations. He will provide technical leadership across MDL’s installation and design engineering teams…

Vermilion Energy will sell its United States assets for C$120 million ($87.88 million), the Canadian gas producer said on Thursday, using the proceeds to repay debt and completing its exit from the U.S. market.The transaction, expected to close in the third quarter, will allow Vermilion Energy to focus on core gas-weighted assets in Canada and Europe.

Malaysian state energy firm Petroliam Nasional, or Petronas, will retrench about 10% of its workforce in a restructuring exercise, its chief executive said on Thursday.Tengku Muhammad Taufik also denied at a media briefing that the state firm was exiting its business in Canada.Local media has previously reported Petronas as saying it needed to "rightsize" its workforce to ensure the company's survival in the coming decades.Petronas has nearly 50,000 employees, according to its website.Bloomberg had reported earlier on Tuesday that Petronas is considering a sale of its Canadian company, formerl

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has initiated discussions on business collaborations with Elomatic Oy, a Finnish engineering and consulting firm, in the maritime engineering field. The Company will continue to build strategic partnerships globally to incorporate external expertise through partnering efforts and deliver its technologies, products and services to a wider range of customers.A signing ceremony for the Framework Agreement was held on June 4 at Nor-Shipping 2025.Through this collaboration with Elomatic…

Seanergy Maritime (SHIP), a pure-play Capesize shipping company, reported Q1 results and announced a quarterly dividend of $0.05 per share—marking the 14th consecutive quarterly dividend.SEANERGY Q1:Fleet TCE2 of $13,403, outperforming the Baltic Capesize Index (“BCI”) by 3% in Q1 2025Declared $0.05 per share quarterly cash dividend – 14th consecutive quarterly dividend - Cumulative cash dividends of $2.26 per share, totaling $43.1 million$88.1 million in new financings and refinancings at improved terms and pricingEstimated fleet loan-to-value (“LTV”) below 50%…

The Shipbuilders Council of America (SCA), the national association representing the U.S. shipbuilding, maintenance, and repair industry, announced that Conrad Industries, Inc., parent company of Conrad Shipyard, received SCA’s annual “Excellence in Safety” Award, which is given for performance for the 2024 calendar year, honoring the shipyard for its enhancement of operations and promotion of safety and accident prevention.Recognized for its ongoing efforts to enhance workplace safety…

The Shipbuilders Council of America (SCA), the national association representing the U.S. shipbuilding, maintenance, and repair industry, announced that Conrad Industries, Inc., parent company of Conrad Shipyard, received SCA’s annual “Excellence in Safety” Award for performance for the 2024 calendar year.Recognized for its ongoing efforts to enhance workplace safety, Conrad Shipyard is one of 14 shipyards recognized for advancing employee protection standards across the shipbuilding industry.Over the past decade…

Eastern Shipbuilding Group, Inc. announced it has been awarded a 2024 AEU Safety Award for the company’s commitment to safety in the workplace.The American Equity Underwriters, Inc., the leading provider of workers’ compensation for waterfront employers, presents the AEU Safety Awards each year to its best performing members nationwide. Eligibility for the awards is based on the frequency and severity of workers’ compensation incidents for the prior calendar year, as well as safety-related metrics determined by AEU’s loss control team.