DAVOS: Oil Majors Huddle in DAVOS to Mull Future
When the global oil industry held its biggest annual gathering this week in the Swiss town of Davos, it invited banking bosses and fund managers to discuss two key topics - climate change and pressure from investors.The conclusion of the discussions was worrying for those present - pressure is rising and the industry is losing a battle not to be seen as one of the world's biggest evils.The answer? Lure investors with higher returns and raise the PR game."There is no doubt - and…
Harvey Gulf Announces New BoD
Harvey Gulf International Marine’s parent, HGIM Corp., has announced the appointment of a new Board of Directors to serve following the company’s emergence from Chapter 11 proceedings.The seven member Board includes two current members remaining on the Board and five new members, each with expertise in individual areas particularly suited to support the company’s operation and development and collectively, creating a leadership platform that will enable Harvey Gulf to adjust and thrive in an ever-changing market. Shane Guidry. Mr.
Huntington Ingalls Industries Announces Leadership Changes
Huntington Ingalls Industries announced changes to its senior leadership team. Michael Smith, executive vice president, strategy and development, is moving to HII’s Technical Solutions division, where he will serve as president of the SN3 business and report to Michael Lempke, president of the Nuclear & Environmental group, effective immediately. Scott Stabler, executive vice president, internal audit, is moving into a new role as HII’s executive vice president and chief transformation officer, reporting to Mike Petters, HII’s president and CEO.
Ten Institutes Join the Nereus Program
Ten new research institutes from Europe, North America and Australia have joined the Nereus Program research partnership, bringing the total to 17. Launched in September 2011, the program is an international collaboration between The Nippon Foundation and the University of British Columbia with the aim to make comprehensive forecasts of the ocean’s future, the program has grown into one of the world’s largest research initiatives in its field. Principle investigators from eight…
Energy Action Month Reinforces Navy's Energy Resiliency
Through a presidential proclamation, October has been designated as Energy Action Month to stress the importance of energy for our nation's economic vitality today and for a sustainable future. The Department of Navy's Energy Action Month theme for 2016 is "Power. Presence." This theme illustrates the strong connection between the Navy and Marine Corps' wise use of energy and our ability to be when and where we're needed for national security and humanitarian assistance missions worldwide.
SUNY Maritime among Top Institutions for ROI
Graduates from SUNY Maritime College receive among the highest return on investment on their degrees in the country. In its annual report of best value colleges, PayScale ranked SUNY Maritime College as the top public institution for return on investment and third nationally, tied with Harvey Mudd College and following California Institute of Technology and Massachusetts Institute of Technology. The college also came in first among public institutions and fifth nationally according to a similar ranking by CNN Money, after MIT, Cal Tech, Harvey Mudd and Stanford University.
Leadership Changes at Huntington Ingalls Industries
U.S. shipbuilder Huntington Ingalls Industries (HII) announced today a number of changes across its leadership team. HII’s Board of Directors has elected Christopher D. Kastner to succeed Barbara A. Niland as the company’s chief financial officer and corporate vice president, business management, effective with Niland’s retirement on March 1, 2016. Furthermore Philip Luna, corporate vice president and president, UniversalPegasus International (UPI), a subsidiary of HII, has been promoted to the HII senior executive team, effective immediately.
USN Announces 2015 Young Investigators
It's a career-defining moment for 36 college and university faculty April 30, as the Department of the Navy announces the recipients of its 2015 Young Investigator Program, one of the oldest and most selective scientific research advancement programs in the country. Collectively, awardees will receive $18.8 million in grants to fund research across a range of naval-relevant science and technology areas. This is a banner year for the program, administered by the Office of Naval Research (ONR), which increased funding by 50 percent over last year.
Caterpillar Forms New Analytics & Innovation Division
To better capitalize on the growing importance and excitement of data analytics and to drive innovation to support customers, Caterpillar Inc. today announced the formation of a new division, Analytics & Innovation (AI), which will be led by Caterpillar Vice President Greg Folley. The division will bring together the people and resources that will foster a culture with innovation at the core, form a broad and connected analytics ecosystem and manage strategic third party relationships with providers like Chicago…
Maritime Simulation “A-to-Z”
Headquartered in New Delhi, India with operations in the U.S., ARI Simulation’s business for more than two decades has been to design and deliver world-class simulation solutions across multiple maritime sectors. MR spoke with Shravan Rewari, CEO, for his insights on technologies and technique moving the maritime simulation markets. ARI Simulation provides simulation products and solutions across a broad range of industries including marine, offshore, oil and gas, exploration and production, naval and strategic, airports, and construction.
ST Engineering Makes Management Changes
Singapore Technologies Engineering Ltd today announced that Mr Ravinder Singh will replace Mr Sew Chee Jhuen as President of Singapore Technologies Kinetics Ltd (ST Kinetics). Mr Sew will take on a new role as President for Special Projects at ST Engineering. The appointments are effective 23 March 2015. Mr Singh is currently Deputy President, Corporate and Market Development at Singapore Technologies Electronics Limited (ST Electronics), a role he held since joining the Group in August 2014. He will relinquish this appointment in ST Electronics.
Bleavins Named CFO at Port of LA
The Port of Los Angeles has appointed Marla Bleavins as its Chief Financial Officer. Bleavins will oversee the port’s financial affairs, which include accounting, financial management, debt and treasury, risk management and audit functions. She will manage approximately 60 employees and report to Molly Campbell, Deputy Executive Director of Finance and Administration. Bleavins replaces Karl Pan, who retired last week after 11 years with the City of Los Angeles, including the last six years at the port.
US Hearing to Focus on New Ocean Technologies
The Subcommittee on Coast Guard and Maritime Transportation, chaired by Rep. Duncan Hunter (R-Calif.), will hold a hearing next week to examine the proliferation of new ocean technologies, how such technologies could improve government performance, and any impediments that exist in the use of such technologies. The federal government is responsible for recording, understanding, monitoring and protecting the oceans in the Exclusive Economic Zones which surround United States and territories out to 200 miles, and even in areas of the ocean beyond those littoral zones. Understanding and monitoring both the physical characteristics of these areas and how these areas are being used is vital to our national defense…
Arctic Circle Graduation Ceremony Aboard Cutter Healy
Two Stanford University students embarked on US Coast Guard Cutter 'Healy' in support of the 'Study of Under-Ice Blooms in the Chukchi Ecosystem (SUBICE)' mission were consequently unable to attend the university for the award of their degrees, which were instead conferred in a special graduation ceremony on board. Capt. John D. Reeves, Healy’s commanding officer, presided over the ceremony with Cmdr. Gregory Stanclik, Healy’s executive officer, acting as master of ceremonies as the bow steamed into the wind and sunshine bathed the flight deck.
Smith Joins HII Corporate Team
Huntington Ingalls Industries appoints Michael S. Huntington Ingalls Industries (HII) announced today that Michael S. Smith has joined the company as corporate vice president, business growth. He will work closely with the HII's senior leadership team in support of corporate development and strategic endeavors and will serve as the company interface with business associations in Washington, D.C. Smith will work in HII's Washington, D.C., office and report to Mitchell B. Waldman, corporate vice president, government and customer relations.
ST Engineering Appoints New Director
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of Dr Beh Swan Gin as an independent and non-executive Director of the Company with effect from 1 September 2014. Dr Beh, 47, is the Permanent Secretary of the Ministry of Law. He was Managing Director of the Singapore Economic Development Board (EDB) from 2008 to 2012. Dr Beh is a medical doctor by training and graduated from the National University of Singapore. He is also a Sloan Fellow with a Master of Science in Management from Stanford University's Graduate School of Business, and completed the Advanced Management Programme at the Harvard Business School in 2012.
University of California Not to Divest from Fossil Fuels
The University of California voted on Friday to maintain its investments in fossil fuels, frustrating a student-led effort to divest its portfolio in oil, natural gas and coal. UC is among the major college endowments have been reluctant to shake up their portfolios by pulling out of fossil fuels after Stanford University, one of the most prestigious and wealthiest in America, took that step in May. Jagdeep Bachher, UC Regent's Chief Investment Officer, said in a presentation that UC's fossil fuel holdings amounts to $10 billion of the $91 billion in the college's investment portfolio. In a statement, the UC Board of Regents said it intended to invest $1 billion in a plan addressing solutions for climate change. Diminishing investments in fossil fuels was an option, but divestment was not.
New VP at BMT Designers & Planners
BMT Designers & Planners (BMT), a subsidiary of BMT Group Ltd., an international design, engineering and risk management consultancy, appointed Ralph Duncan as Vice President of Business Development. A University of New Mexico, Naval Postgraduate School and Stanford University graduate, Ralph has over 30 years’ experience in the marine engineering sector. He has worked as an analyst and senior marine engineer, and has held a number of senior roles for Seattle-based naval architecture and marine engineering firm Art Anderson Associates, most recently as VP Marine Design and Research.
President Energy's Update on Lapacho Well
President Energy gave a mid-November update on the progress of the Lapacho well, Chaco Region, Paraguay. The well has been drilled to 4,490m since setting casing at 4,125m. President has previously announced that a light oil/condensate discovery had been made higher up the well in the Icla Formation and that drilling would continue to penetrate the main Santa Rosa target. President has now drilled the upper section of the Santa Rosa Formation and considers it is drilling a series of gas or gas/condensate sands.
LNG Foes go to the Mat in Maryland
Maps of Indian and Japanese ports paper the walls of a Dominion Resources Inc conference room in a small Maryland town, population 1,835, known more for crabbing and bird watching than global trade and the U.S. natural gas revolution. Dominion, an American energy company long focused on U.S. markets, hopes to begin an expansion worth billions of dollars at its Cove Point complex on Chesapeake Bay later this year. As part of the plan, compressors fired by a new power plant would cool gas to -260 degrees F (-162 C) until it becomes the hot global commodity known as liquefied natural gas, or LNG. But if environmentalists, including a group that has led the charge against TransCanada Corp's long-delayed Keystone XL oil pipeline, get their way, Dominion won't soon be shipping anything anywhere.
Interview: Oil Spill Repsonse Insights from MSRC's Benze: Steven T. Benz, President and CEO, Marine Spill Response Corporation (MSRC)
As President and CEO of MSRC, Steve Benz presides over the largest oil spill response company in the United States (and worldwide). In that position since January 1996, he has during that tenure, overseen several critical phases in the Company’s evolution. These include a major restructuring in the late 1990s to make it more competitive; growth throughout the 2000-2009 period, including acquisition of several companies; leadership in overseeing MSRC’s role in responding to the 2010 BP spill in the Gulf of Mexico…
Deepwater Horizon Spill Causes Fish Abnormalities
The National Oceanic and Atmospheric Administration (NOAA) reported that results to a new study conducted by a team of NOAA and academic scientists suggest that crude oil from the 2010 Deepwater Horizon disaster causes severe defects in the developing hearts of bluefin and yellowfin tunas. The findings, published in the Proceedings of the National Academy of Sciences on the 25th anniversary of the Exxon Valdez oil spill, show how the largest marine oil spill in United States history…
Three NOAA scientists honored by White House
The White House yesterday awarded three NOAA scientists with Presidential Early Career Awards for Scientists and Engineers. The award is the highest honor given by the federal government to outstanding scientists and engineers in the early stages of their careers. Laboratory. The NOAA scientists are part of a group of 102 scientists from across federal agencies that received the prestigious award. “NOAA is home to some of the world’s leading scientific research and our scientists strive each day to tackle some of the biggest challenges facing our planet…