People & Company News


Kirby Announces 2Q Results

Jul 28, 2011

Kirby Corporation (NYSE: KEX) announced net earnings attributable to Kirby for the second quarter ended June 30, 2011 of $41.7 million, or $.77 per share, compared with $29.3 million, or $.54 per share, for the 2010 second quarter.  The 2011 second quarter results included an estimated $…

ACL Appoints New Executives

Jul 27, 2011

American Commercial Lines (ACL) has relocated Bill Braman, Senior Vice President and Chief Operating Officer – Transportation Services, to Harahan, LA, where he will lead the field implementation of ACL’S new operating plan and scheduled service platform…

Iraqi Delegates to Visit OPITO

Jul 27, 2011

Following the signing of a landmark agreement with the Iraq Ministry for Oil to help the war-torn country develop the skills and training necessary to exploit its hydrocarbon resources, OPITO will welcome a senior delegation from Iraq on a fact-finding mission…

General Dynamics Reports Strong 2Q Earnings

Jul 27, 2011

General Dynamics has reported second-quarter earnings from continuing operations of $666 million, or $1.79 per share on a fully diluted basis, compared with 2010 second-quarter earnings from continuing operations of $651 million, or $1.68 per share fully diluted…

Offshore Services Chooses MarineCFO Software

Jul 27, 2011

MarineCFO Inc., a provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance and Financial Management Software Solutions to the Marine Transportation Industry, announced that International Offshore Services…

GAC Appoints Steindamm, Bjorklund

Jul 27, 2011

GAC has expanded its regional Shipping Marketing team with the appointment of Niko Steindamm. As Marketing Manager, Shipping, based in Bremen, Germany, Steindamm will promote GAC's global shipping and related services to the maritime and commodity/trading communities in Germany…

NAT Issues Statement on "Unusual" Trading of its Stock

Jul 27, 2011

Hamilton, Bermuda, July 26, 2011 - There was an unusual trading in the NAT stock yesterday. NAT is not aware of any corporate news or market news that caused the irregular trading. The dividend report for the second quarter 2011 will be published August 8…

Danos & Curole Wins Contract from Chevron Liberia

Jul 26, 2011

Danos & Curole has been awarded a multi-million dollar contract from Chevron Liberia to provide drilling support services in Liberia, West Africa. The company’s consultant service business will carry out preparation work for exploratory drilling…

DryShips to Acquire OceanFreight

Jul 26, 2011

DryShips Inc. and OceanFreight Inc. have entered into a definitive agreement. The former will acquire the outstanding shares of the latter for consideration per share of $19.85, consisting of $11.25 in cash and 0.52326 of a share of common stock of Ocean Rig UDW Inc…

Weld Tooling Appoints Sted and Clouser

Jul 26, 2011

Weld Tooling Corporation has appointed Norm Sted Sales and Marketing Director for weld.com. Norm brings over 30 years of welding and business experience from his position as Regional Manager for one of the largest manufacturers of arc welding products in the world…

USNI Appoints VAdm Daly Chief Executive Officer

Jul 26, 2011

On July 27, 2011, the U.S. Naval Institute (USNI) begins an important new chapter with the appointment of Vice Admiral Peter H. Daly, U.S. Navy (Ret.) as the professional society’s Chief Executive Officer. Daly served from August 2008 until June 2011 as Deputy Commander and Chief of Staff…

IBIA Chief Executive Resigns

Jul 25, 2011

Bunker trade association IBIA announced the resignation of its Chief Executive Ian Adams, effective from 31 July 2011. Adams had been at the helm of IBIA since 2001 during which time the organisation has grown in size, reputation and influence…

Danaos Appoints Chatzis as CFO

Jul 25, 2011

Danaos Corporation (NYSE: DAC), an owner of containerships, announced that the Board of Directors of the Company has appointed Evangelos Chatzis to the position of Chief Financial Officer, effective July 22, 2011. Chatzis has more than 16…

Crowley Names Cosgrove VP, Marine Ops

Jul 25, 2011

Crowley Maritime announced that Cole Cosgrove has assumed the role of vice president of marine operations for Crowley's liner services groups. Cosgrove will continue to work out of the company's Jacksonville office while reporting to John Hourihan…

Mike Toohey Tapped to Lead Waterways Council, Inc.

Jul 22, 2011

Washington, DC – It was announced today that Mike Toohey has been selected to become President and CEO of Waterways Council, Inc. by the organization’s Search and Executive Committees.  A special meeting of the WCI Board of Directors has been called for August 2…

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