People & Company News


Euronav to Raise Capital through Bond Conversion

Jan 14, 2014

Euronav NV announced that on January 10, 2014 its share capital was increased following the exercise of the conversion option of 491 convertible bonds issued in 2013 and maturing in 2018. That resulted in the issuance of 8,163,810 new ordinary shares…

Reamco Opens Office in Aberdeen

Jan 14, 2014

Reamco Inc. announced the opening of a business development office in Aberdeen, Scotland, said CEO Ashley Lane.The new business development office will enable Reamco to better communicate with existing clients and aid in obtaining new business throughout the region…

DMCA Moves Forward with Maritime Safety Policy

Jan 14, 2014

The Dubai Maritime City Authority (DMCA) is proceeding with the implementation of its Maritime Safety Policy as part of the first-of-its-kind maritime sector strategy’s initiatives for developing, organizing and promoting Dubai’s maritime industry…

A/S Trumf Adds Madsen as Senior Bunker Supplier

Jan 14, 2014

A/S Trumf Bunker has employed Søren Madsen as Senior Bunker Supplier at the company's head office in Middelfart, Denmark.Søren has an educational background within shipping and brings along a vast practical and commercial experience from both shipping as well as the bunker industry…

Ferguson Appoints Team of Industry and Product Experts

Jan 14, 2014

The Ferguson Group announced the appointment of industry experts to be based at its Aberdeen headquarters. The newly appointed team will offer technical support to the group’s international bases and provide advice and guidance to partners and customers alike…

More Females are Seeking Employment in Oil and Gas

Jan 14, 2014

According to The Women in Science and Engineering (WISE) institute, statistics suggest that while more are women seeking job opportunities in oil and gas, the industry still has a long way to go.The WISE institute said that it is encouraged by recent figures released by OilCareers…

Teekay Announces Senior Management Change

Jan 14, 2014

Teekay Corporation and Teekay Tankers Ltd. announced that Bruce Chan, Chief Executive Officer of Teekay Tankers and President of Teekay Tanker Services, has informed the Company of his intention to resign from his position effective June 20…

Russian Trawler's Arrest: A Law of the Sea Test Case?

Jan 14, 2014

The Russian trawler Oleg Naydenov was recently arrested and escorted in to the Port of Dakar by Senegal navy vessels. If found guilty it faces a doubling of the usual fine, and the arrest has also sparked an appeal by African coastal nations…

Ron Crocker Joins Alion Team

Jan 13, 2014

Alion Science and Technology, a global engineering, technology and operational solutions company, announced that Ron Crocker has joined the company to enhance GSA communications and provide strategic management of several of Alion’s GSA indefinite…

Linfoot Named Regional Sales Manager, MOL Canada

Jan 13, 2014

MOL Canada Inc. announced that Travis Linfoot will take over as the new regional sales manager, domiciled in Vancouver, B.C. Linfoot will report to Tim Harrington, vice president, Canada and will focus on outside sales functions for Western Canada…

ICS Reports on Lessons from Somali Piracy

Jan 13, 2014

The International Chamber of Shipping (ICS), a global trade association for shipowners, has issued a paper drawing upon the international shipping industry’s experience of Somali-based piracy during the period 2007 to 2013. “The intention…

Aids to Navigation GLA 2015 Review: Mariner Input Sought

Jan 13, 2014

The General Lighthouse Authorities (GLA) will be undertaking a review of Aids to Navigation provision around the coasts of Ireland and Great Britain during 2014. The GLA consider good quality user input to be an essential component of this review…

FleetWeather Solves Shippings' Business Intelligence Solutions Problem

Jan 12, 2014

FleetWeather Ocean Services, Inc. (FleetWeather) was the first to bring BI analytics and big data services to global shipping companies. New services provide insight, intelligence and innovation for global shipping leaders.FleetWeather says it recognized that business intelligence tools…

MOL America Announces Corporate Sales Changes

Jan 10, 2014

MOL (America) Inc. issued a release announcing several changes to its North American sales management, including the promotion of Richard Craig to the position of executive vice president, sales and operations.Additionally, Richard Jung…

Nordic American Tankers CEO: Market is Improving

Jan 10, 2014

Nordic American Tankers Limited (NAT) issued a letter to shareholders from the company’s chairman and CEO, Herbjorn Hansson, noting improved market conditions for NAT’s Suezmax tankers.In a December 10, 2013 letter to shareholders, Hansson…

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