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Tuesday, January 23, 2018

Step Down News

Gulf Island CEO Steps Down

Houma, La.-based Gulf Island Fabrication announced its chief financial officer stepped down and was replaced by the company’s controller and chief accounting officer. Joseph “Duke” Gallagher, the offshore production platform fabricator’s long-time CFO stepped down Oct. 3. Robin A. Seibert replaced Gallagher. Gulf Island is a publicly traded company and its Common Stock is listed on the NASDAQ Stock Market under the symbol GIFI.

J. Erik Hvide Steps Down

J. Erik Hvide Steps Down Hvide Marine named Jean Fitzgerald chairman, president and chief executive officer, replacing J. Erik Hvide, who resigned for personal reasons. Hvide will remain a member of the board of directors, the company said. Fitzgerald, 73, has been a director of the company since 1994. He will take up his position immediately, it said. Hvide, 50, steps down from active duty after 29 years of service with the company, which was founded by his father, Hans Hvide, in 1958.

McNeel to Replace Lieungh as Sevan Marine CEO

Carl Lieungh will step down as CEO of Sevan Marine ASA effective January 1, 2017. The company’s board of directors has appointed current CFO Reese McNeel to take up the CEO role while continuing to carry out the CFO function.   Under the agreement reached between Lieungh and the board, Lieungh will step down as CEO but will continue as an advisor to the board of directors with responsibilities related to various tasks within the group until the end of 2017.

Safmarine MD, Safren CEO Step Down

South Africa's Safmarine Container Lines reported that its Managing Director and Safren Chief Executive Tony Farr had stepped down. Moeller, which owns the world's leading container shipping company Maersk, acquired Safmarine's container shipping assets in February for $240 million cash plus the assumption of $115 million debts.

Kuntz Steps Down at WSDOT

Washington State Department of Transportation announced that Ferries Division Director of Finance and Administration, Sam Kuntz, has stepped down. Kuntz will complete his tenure at the Ferries Division March 1 to pursue other vocational interests and to spend more time with his family. Activities around filling the position will begin after David Moseley, Assistant Secretary for Ferries Division, starts in March.

Nigeria Cancels Award Of 16 Oil-Prospecting Blocks

Nigeria's government reportedly cancelled the award of 16 oil-prospecting blocks by the military government, which stepped down in May.

DP World Santos Appoints Dallas Hampton as New CEO

Photo:  Embraport

The Brazilian terminal DP World Santos will now be run by the new CEO Dallas Hampton, , an Australian executive with degrees in Business Administration, Logistics and Occupational Safety and with vast experience in the ports and logistics sectors. The modern private port terminals, situated on the left bank of the Port of Santos, announced that Ernst Schulze, who served as Chief Executive Officer for nearly six years, is stepping down to assume another opportunity at the DP World group.

Bekkenes Steps Down from Palfinger President Post

Styrk Bekkenes, President of Palfinger Marine, has stepped down from his position. (Photo: Palfinger Marine)

Styrk Bekkenes, President of Palfinger Marine, has stepped down from his position. “With the strengths that lie within the company, both in terms of personnel and products, Palfinger Marine is very well positioned to be the preferred supplier of cranes, lifesaving equipment and winches for vessels and installations worldwide. I feel that the time is right for me to step down and seek new challenges,” said Bekkenes. Coming from the role of CEO of Harding Safety, Styrk has been the President of Palfinger Marine since January of this year.

Meek Named IMCA President

Harke Jan Meek (Phto: IMCA)

Harke Jan Meek, chief commercial officer at Heerema Marine Contractors, has been named the new president and chairman of the board of the International Marine Contractors Association (IMCA). Meek succeeds Bruno Faure (TechnipFMC), who has stepped down as president of IMCA after completing his two-year term of office, in accordance with the association’s constitution. Faure remains on the board of the association. Iain Grainger, vice president commercial at McDermott International Inc. becomes the new IMCA vice president.

GPA Executive Director to Step Down

Curtis Foltz (Photo: GPA)

Georgia Ports Authority (GPA) executive director Curtis J. Foltz will step down at the end of the fiscal year, June 30, the port authority’s board of directors announced today. The board unanimously accepted the nominating committee's recommendation to appoint the current chief operating officer, Griff Lynch, to succeed Foltz, who will provide consulting services to the GPA for one year after his departure. “Curtis Foltz has led the GPA to achieve great things over the past six years as executive director…

China Rongsheng Chairman Quits

Chairman of China's largest private shipbuilder, Zhang Zhirong, steps down from China Rongsheng Heavy Industries Group. Determined to put scandal behind it, China’s largest private shipbuilder, China Rongsheng Heavy Industries Group, has said its chairman has stepped down. to be replaced by the yard’s CEO, Chen Qiang, reports SinoShip News. Rongsheng was hit by an insider dealing scandal involving a firm owned by Zhang ahead of the $15.1bn bid for Canadian oil firm Nexen Inc by China offshore oil and gas producer CNOOC. Rongsheng’s profits have slumped this year amid a barren time for Chinese yards and shares of the Hong Kong-listed entity have dropped 30%. Source: SinoShip News

Silversea’s President Steps Down

Silversea Cruises announced that Bill Smith will step down from his position as president of the company, effective December 15th to pursue personal interests. Smith stated that given the company's success, and with his personal objectives having been accomplished, it is a good time to move on. Smith joined Silversea in March 1995 as senior vice president, sales and marketing, and was named president in November 1995. During his tenure as President, Silversea established its worldwide reputation for excellence. The line expanded from a two-ship to a four-ship fleet. Silversea CEO Albert Peter expressed his appreciation for Smith's important contributions to the development of the company.

Au Steps Down As President Of Star Cruises

Malaysian leisure liner group Star Cruises said on Thursday its president and chief executive Colin Au has stepped down due to medical reasons. "Star Cruises wishes to announce that Mr. Colin Au has resigned as president and chief executive and director of Star Cruises on medical grounds today," the company said in a statement. It did not say exactly what Au's medical problems were but added that it wished him an early recovery. "Mr. Au has been with Star Cruises since (its) inception," the statement said. "It is with much regret that the Board accepts his resignation." The statement said Lim Kok Thay, chairman of Star Cruises, will assume Au's positions.

Millman Steps Down From Grand Bahama Shipyard

Freeport’s Grand Bahama Shipyard (GBS) has announced that current President & CEO, Chris Millman has decided to step down from his position and is to leave the Company. Chris has been with the Shipyard for over four years and in that short time he has overseen its growth from a construction site into one of the region’s foremost ship repair centres. Citing personal reasons for his decision, Chris said that he was leaving GBS to return to the UK with his family, although not before taking a well-earned break. He stated “It has been a roller coaster ride over the last few years. I shall always look back at this period with immense pride in what we have achieved and with great appreciation for those who helped to achieve it”.

Arlington Tankers Announces Changes to Management Team

Arlington Tankers Ltd. said that Arthur L. Regan has informed the Company that he intends to step down from his position as President and Co-Chief Executive Officer of the Company to pursue other interests. Regan will remain with the Company for a brief transition period. Following Regan's departure from the company, Edward Terino, currently the company's Co-Chief Executive Officer and Chief Financial Officer, will also serve as the company's interim President and will assume operating responsibility for all areas of the company.

Kennedy Resigns Port Commission Seat

Merritt Island resident Ralph Kennedy has stepped down from the Canaveral Port Authority Board of Commissioners. The construction business owner and former Commission Vice Chairman has served on the Board since 1990 representing District 4. Kennedy gave personal and professional reasons for the resignation, which became effective October 30. 

Frasher Takes Head of Helm at American Commercial

Stephen A. Frasher has been appointed president and CEO of American Commercial Barge Line LLC as well as CEO of Jeffboat LLC, Louisiana Dock Company LLC and American Commercial Terminals LLC. With 31 years of experience in the transportation industry, most recently as president and CEO of Tidewater Holdings, Frasher’s hiring is part of a management transition plan for the retirement of Michael C. Hagen, who plans to step down at the end of October.

New President Elected At ICCL

The International Council of Cruise Lines (ICCL), a trade organization representing the North American cruise industry, has appointed John A. Bastek as interim president. Bastek, who has served as ICCL vice president since January 1999, will be responsible for daily operations of the Association until a permanent replacement is named. He was named to the position after Cynthia A. Colenda, announced in November that she was stepping down as ICCL president, effective January 1, 2000.

Dryships Inc. Announces Management Change

DryShips Inc. (NASDAQ: DRYS) a provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of off-shore deepwater drilling services, today announced that Pankaj Khanna, Chief Operating Officer, will be stepping down from his position, effective October 2, 2012, to pursue other interests. His duties will be absorbed by the existing management team. George Economou, Chairman and Chief Executive Officer of the Company commented: “It was a pleasure working with Pankaj, and we wish him well in his future endeavors.”  

Navios President to Retire

AP has reported that Greece-based Navios Maritime Holdings Inc., a dry bulk shipper, on Tuesday said President Robert Shaw will retire and named Ted Petrone to take his place. Shaw is expected to step down as president Sept. 30 but will continue serve on the board. Petrone will head Navios' worldwide commercial operations. He has spent 26 years with the company and most recently managed daily commercial Panamex activity, including trading tonnage, derivative hedge positions and cargoes.

Petrobras Executive Extends Leave Amid Investigation

Brazil's state-run oil company Petroleo Brasileiro SA extended a leave of absence for the head of its tanker and pipeline unit, Transpetro, for 30 more days according to a filing on Friday. Transpetro President Sergio Machado stepped down temporarily on November 3 as police investigated a corruption scandal at the company that has delayed the release of audited earnings, implicated an array of major contractors and threatened to ensnare dozens of politicians. (Reporting by Brad Haynes and Alberto Alerigi Jr.; Editing by Chizu Nomiyama, Reuters)

OSX Brasil CFO Steps Down, CEO to Take Role

OSX Brasil SA Chief Financial Officer Claudio Antônio da Silva Zuicker is stepping down, and Chief Executive Officer Vladimir Kundert Ranevsky will add the role of CFO, the troubled Brazilian shipbuilder said in a statement on Tuesday.   OSX is the shipbuilding arm of the EBX conglomerate started by fallen tycoon Eike Batista, who was once Brazil's richest man but lost almost everything as his companies failed under mounting debt and missed targets.     (Reporting by Stephen Eisenhammer; Editing by David Gregorio)

Ampelmann Names New CEO

Photo: Ampelmann

Developer of motion compensation solutions Ampelmann announced that its supervisory board has appointed Jim Craig as the company’s new chief executive officer, effective immediately.   Craig brings more than 25 years of energy industry experience to the role, having previously served as the managing director of Centrica Storage.   Ampelmann's inventor and founder, Jan van der Tempel, decided to step down from the position of CEO to dedicate more time to teaching and technology development. He will continue his involvement with the company as a member of its supervisory board.  

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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