Recommendation from Statoil's Nomination Committee
The nomination committee in Statoil has recommended that the company's corporate assembly elects Øystein Løseth as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors. Furthermore, the nomination committee recommends a re-election of Bjørn Tore Godal, Jakob Stausholm and Marjan Oudeman as members of the board of directors. Chair of the board Svein Rennemo and board member Jim Mulva have informed the nomination committee that they do not wish to stand for re-election in 2015. Svein Rennemo has been chair of the Statoil board of directors since 2008, and informed the nomination committee in 2014 that he wanted to be replaced.
Dutch Container Terminal Signs on for Wind Power
APM Terminals has signed a two-year, €5 million ($6.23 million) contract with Amsterdam-based NV Nuon Energy for the supply of environmentally-sustainable wind-generated electricity to power the new APM Terminals Maasvlakte II cranes and container handling equipment. The new 2.7 million TEU annual capacity deepwater terminal, scheduled to receive its first commercial vessel call later this month, will reportedly be the world’s first container terminal with zero emissions on site and off site. The contract term begins January 1, 2015.
Kvaerner Announces Election of New Board Members
The Directors to Kvaerner's Board have been elected. From Kvaerner's first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner's employees. The shareholder-elected members are Kjell Inge Røkke (chairman), Tore Torvund, Bruno Weymuller, Lone Fønss Schrøder and Vibeke Hammer Madsen. The employee-elected members are Rune Rafdal, Ståle Knoff Johansen and Bernt Harald Kilnes. Kjell Inge Røkke is an entrepreneur and industrialist, and has been a driving force in the development of Aker since the 1990s. Mr. Røkke owns 67.8 percent of Aker ASA through The Resource Group TRG AS.
