Knightsbridge Shipping Limited has completed its previously announced merger with Golden Ocean Group Limited.In connection with the closing of the merger, Knightsbridge will change its name to Golden Ocean Group Limited. Trading in the shares…
International Transport Intermediaries Club (ITIC) says fraudulent diversion of funds is on the increase in the maritime sector.Having previously issued a warning about the fraudulent diversion of port expenses, ITIC says it is now seeing…
Lifting Gear Hire (LGH) has hired Larry Parnacott as a national account representative. Parnacott’s work background focuses on power plants, steel mills and shipyards, bringing to LGH with more than 20 years of experience in the rental industry…
ASA Electronics, an Elkhart, Indiana-based manufacturer and supplier of premium mobile audio and video equipment, has announced that Missy Vaughn has been promoted to company Controller.In her new position, Vaughn will oversee the Accounting…
Expanding its international team of executives, Torqeedo has name Tom Watson as Vice President, global accounts. In this newly-created position, Watson will bring his years of marine industry experience to the young company, managing aspects…
Norwegian Energy Company ASA has appointed Odd Arne Slettebø as Chief Financial Officer (CFO). Odd Arne Slettebø replaces Tommy Sundt who has been appointed new CEO of the Company. Slettebø joined Noreco in August 2012 and was until now Group Finance Manager of Noreco…
Genco Shipping & Trading Limited (OTCBB: GSKNF) has announced that John C. Wobensmith, the company's CFO has been appointed as President effective December 19, 2014. He succeeds Robert Gerald Buchanan, who will retire as of the same date. Buchanan has served as President of Genco since June 2005…
ITIC has warned of continued attempts by fraudsters to target payments between shipping companies. Speaking at the 45th FONASBA Annual Meeting in Gothenburg, ITIC claims director Andrew Jamieson explained that recent cases had been variations on earlier frauds…
The board of directors of the Oslo Stock Exchange has approved the listing of shares in Aker Solutions Holding ASA, to be renamed Aker Solutions ASA on completion of the demerger of Aker Solutions, and granted permission for trading in the shares to begin on September 29…
Amendments to the International Safety Management (ISM) Code will enter into force on 1 January, 2015, introducing new requirements for manning and company verification, and new references to related IMO guidance, as follows:Changes to manning requirementsAmended paragraph 6…
PMI Industries, Inc. announces that Sandon Swearingen has joined the company as Account Manager, Technical Sales. Swearingen is primarily responsible for account management for the company's subsea cable hardware, testing laboratory and seismic exploration customers…
ITIC has issued a warning to shipping and transport intermediaries about a scam currently being perpetrated whereby pre-funded port costs are being diverted to a fake bank account.In each case the party due to make the payment has received…
Wellsite Rental Services Appoints FaucheauxWellsite Rental Services has appointed Blair Faucheaux as controller.Faucheaux’s responsibilities include the management of all financial matters and support to the management and ownership teams…
Valve Automation & Controls (VAC), a subsidiary of W&O Supply, and provider of fluid control solutions to the maritime, industrial, water and wastewater markets, announced today the promotion of longtime employee, Nancy Gonzales, to Branch Manager of the Chula Vista location…
Navico — recreational marine electronics company and parent to the Lowrance, Simrad and B&G brands — announced the addition of long-time pro-staffer Chris Meyer to its Volume Boat Builder and OEM sales team. In his new role as Key Account Manager…
