People & Company News


Aquina Named CEO at Hertel

Mar 10, 2014

Hertel hereby announces that Victor Aquina, currently Managing Director of the Hertel Caspian region and the former CEO of Nacap, will be appointed as CEO of Hertel as of 1 April 2014. He will succeed Paul Broekhuijsen who will leave the company as of April 1…

Intelsat Celebrates 50th Year

Mar 10, 2014

Intelsat S.A., a provider of satellite services, launched the commemoration of the company's 50th anniversary and the founding of the commercial satellite sector.  Signaling its continued commitment to setting the pace for the next generation…

Ribcraft Launches New Website

Mar 10, 2014

Ribcraft, has  announced the successful launch of their redesigned website, www.ribcraftusa.com.  The new interactive site features responsive design with simplified navigation, providing quick and easy access to critical and pertinent model information across all platforms and devices…

Ocean Rig Commences Tender Offer

Mar 10, 2014

Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that it has commenced a cash tender offer for any and all of its currently outstanding 9.5% Senior Unsecured Callable Notes due 2016 on the terms and subject…

Two Ocean Shipping Companies to Pay $3.4M

Mar 10, 2014

Sea Star Line LLC and Horizon Lines LLC have agreed to resolve allegations that they violated the False Claims Act by fixing the price of government cargo transportation contracts between the continental United States and Puerto Rico, the Department of Justice announced today…

ISS Appoints Ferguson VP, Cargo Solutions

Mar 10, 2014

Inchcape Shipping Services (ISS), a maritime services provider, announced a new hire within its Cargo Solutions division, with the appointment of Michael Ferguson as Vice President, Cargo Solutions, Terminals and Port Infrastructure.With…

Lee Recognized with Royal Danish Award

Mar 10, 2014

The Danish Export Association’s Diploma, and His Royal Highness Prince Henrik’s Medal of Honor, was awarded to VIKING Life-Saving Equipment’s Korean representative, J.W. Lee, for close to thirty years’ of successful business partnership.The recipient of the Danish Export Association’s Diploma…

Jona Takes Over as SVP at Cobham SATCOM

Mar 10, 2014

Cobham SATCOM has appointed Paul H. Jona as its new Senior Vice President (SVP). Starting March 03, 2014 Paul will work alongside incumbent SVP Walther Thygesen. After completing seven years of service as CEO of Thrane & Thrane A/S, and since July 2012 heading up Cobham SATCOM as SVP…

Landmark Legal P&I Ruling: LOU Constitutes Limitation Fund

Mar 10, 2014

In an important decision for the P&I industry, on 6 March 2014 the Court of Appeal has ruled that a Limitation Fund can now be constituted by way of a Letter of Undertaking ('LOU') given by a P&I Club, as opposed to a cash payment into court…

UASC Ups Mega-Container Ship Order to 17

Mar 10, 2014

United Arab Shipping Company (UASC) says it has taken up the option with Korea's Hyundai Heavy Industries (HHI) for one additional 18,000 TEU vessels, bringing the total order to 17 ships including eleven 14,000 TEU vessels and six 18,000 TEU vessels…

Skating on Thin Ice: Great Lakes Coast Guard Remains Active

Mar 10, 2014

Two men are rescued after their snowmobiles crashed through the ice about a mile offshore on Saginaw Bay near Bay City, Mich., and meanwhile the Coast Guard continue their efforts to keep the users of the ice-bound Great Lakes safe by gathering ice depth data…

State-of-the-Art Dredger Launched

Mar 09, 2014

AL BAHAR C/D HUTA 12 named, launched at IHC MerwedeIHC Merwede named and launched the 23,545 kW self-propelled cutter suction dredger ‘AL BAHAR’ C/D HUTA 12 in a ceremony on March 8, 2014 at the company’s shipyard in Kinderdijk, The Netherlands…

Kobelt Hires Business Development Managers

Mar 07, 2014

Kobelt announced today the hiring of Lance Lidstone and Sylvain Robitaille as Business Development Managers. Both will report directly to David Bockhold, CEO, and will be responsible for business development in the controls and steering sectors worldwide…

Apostleship of the Sea Hails Role of Women

Mar 07, 2014

Seafarers’ charity Apostleship of the Sea (AoS) has paid tribute to its women port chaplains and ship visiting volunteers ahead of International Women’s Day 2014. AoS says women have and will continue to play a significant role within the organisation…

Memorial Built for Victims of HMS Birkenhead

Mar 07, 2014

A memorial has been unveiled in Birkenhead (Wirral, Liverpool City Region, United Kingdom) dedicated to the victims of one of the worst maritime disasters of the 19th century.HMS Birkenhead, a steam frigate built by John Laird’s shipbuilders in Birkenhead…

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