David Roodenburg Takes Over as Huisman CEO
David Roodenburg is the third generation from the Roodenburg family to become CEO of the Netherlands-based equipment manufacturer Huisman.His father, Joop Roodenburg, is currently active as President after he appointed Theo Bruijninckx CEO in April 2018, with the objective to prepare the company for the next generation. Bruijninckx will remain active in Huisman in his role as the company’s CFO.Since 1980, Huisman has been owned and led by the Roodenburg family, growing from 20 employees to 2,000 to date.
TWG Names Mirdha President
Tulsa Winch Group, a Dover company, appointed Arjun Mirdha as President, effective January 6, 2020. He will report to Dover's President and Chief Executive Officer, Richard J. Tobin. Arjun will focus on expanding TWG's broad portfolio of market-leading products globally.Arjun has over 24 years of global commercial and P&L leadership experience in construction equipment and industrial markets. He holds a Bachelor of Commerce (Honors) degree from Shriram College of Commerce, New Delhi…
IMO Backs Polar Waters Navigation Training
Well-trained seafarers are essential to safe ship navigation in Polar waters and International Maritime Organization (IMO) has been playing its part with a training course for maritime instructors, underway in Valparaíso, Chile (18-22 November).The course is training participants from maritime training institutions in South America responsible for training seafarers – with a focus on IMO’s Polar Code. The code, when properly applied, is a powerful tool for safeguarding the environment…
Changes to Volvo Penta Executive Group Announced
After 26 years with Volvo and 7 as President of Volvo Penta Americas, Ron Huibers has decided to retire from his current role and move to another role within Volvo Penta. Succeeding Ron will be Martin Bjuve, currently CFO and SVP Business Office Volvo Penta. Planned transition date will be January 1, 2020. Bjorn Ingemanson, President and CEO Volvo Penta, today announced that Ron Huibers, President Volvo Penta Americas, has decided to retire from his current role and take up a new role within the company. "The team, customers and industries we serve here have been exciting and rewarding.
Bibby Marine Appoints Samuels as CEO
Leading marine asset company Bibby Marine Ltd has appointed Helen Samuels as Chief Executive Officer to lead the company into its next phase of development.Helen Samuels will join the Group in January 2020 from Network Rail, where she currently holds the position of Engineering Director for their $6.4bn pa national capital program. Prior to this Samuels worked as Engineering Director for United Utilities, and also held a series of senior positions at Halcrow/CH2MHill (now Jacobs) including Operations Director…
Wharf-Building Equipment Arrives Antarctica
A cargo ship loaded with 4,500 tonnes of steel and construction equipment required to build a new Antarctic wharf has arrived at British Antarctic Survey (BAS)'s Rothera Research Station.Staff awaiting its arrival cheered as the DS Wisconsin pulled alongside, guided for the final few hours through sea ice by the ice-strengthened RRS Ernest Shackleton. Work began immediately on the huge task of unloading the cargo, which is likely to take around two weeks.The ship, containing plant…
Port of Duqm Signs Land Lease Agreement with Petrojet
Port of Duqm Company SAOC, a 50:50 joint venture between the Omani Government and the Consortium Antwerp Port (CAP) under its subsidiary called Duqm Industrial Land Company (DILC), has signed a 25 years usufruct land lease agreement for a 50,000 sqm. plot with The Petroleum Projects & Technical Consultations CO. (PETROJET ).Port of Duqm Company (PDC) is fast becoming an important reality of the Middle East region’s rapidly transforming maritime landscape. PDC also holds under…
SC Ports Plans for 5% Container Growth
Today, the South Carolina Ports Authority Board of Directors adopted a 2019 fiscal year financial plan that includes five percent pier container growth, $280.8 million in operating revenues, $42.9 million in operating earnings, and capital expenditures of $277.6 million. The plan projects a pier container volume, or boxes handled, of 1.305 million during FY2019, as well as a five percent increase from the 1.24 million pier containers that the SCPA expects to handle in FY2018, which ends June 30.The Port is planning for strong volumes at both inland rail facilities in FY2019.
Asian Shares, Oil Fall as US-China Trade Spat Escalates
Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.Fears of a global trade war added to pressure on oil prices, which extended Friday's big fall, while the dollar retreated from near 3-week highs against the safe haven yen.Spreadbetters suggested a subdued start for European shares, with FTSE futures off about 0.1 percent. U.S.
Corvus Energy Names Bjørkeli CEO
Corvus Energy has appointed Geir Bjørkeli as its new Chief Executive Officer (CEO). Bjørkeli was previously Director of Norway for the Dutch company Huisman, and established the company’s Norwegian presence for offshore construction equipment solutions. Bjørkeli will remain based in Bergen, Norway. Prior to joining Huisman, Bjørkeli was a design engineer with the ship designer and shipbuilder Ulstein. He held several positions with Rolls-Royce, including VP Sales for North East Asia and Managing Director of Rolls-Royce Marine Japan…
Hyundai Heavy Sails Back to Profit in Q1
Hyundai Heavy Industries (HHI) has posted a net profit of KRW462.3bn ($409.6m) for the first quarter of 2017, making it the fifth consecutive quarterly profit for the group. This represents a surge of 90% from the previous corresponding quarter. However, sales fell 1.9 percent to 10.76 trillion won. HHI mainly attributes the whooping quarterly operating profit increase to 127.1 billion won operating profits from HHI’s Shipbuilding Division which is 251% up from the first three months last year.
Hyundai Heavy Back in the Black
The South Korean shipbuilder Hyundai Heavy Industries (HHI) has reported a net profit of KRW 682.3 billion (USD 596.6 million) for the full year of 2016, returning from a loss of KRW 1.36 trillion (USD 1.18 billion) seen in the full year 2015. Operating profit for 2016 totaled 1.64 trillion won, up from a loss of 1.54 trillion won for 2015. HHI also announced consolidated 4Q 2016 results. During the October-December period of 2016 HHI racked up 10.3427 trillion won in sales and 437.7 billion won in operating profits, posting quarterly profits for four straight quarters.
Hall to lead Hiab, Sales and Services
Hiab, part of Cargotec, has appointed Scott Hall as Senior Vice President, Sales & Services as of 24 January 2017. Scott Hall will lead Hiab's global Sales & Services function and drive sales and services excellence across Hiab's global network. He will report to Hiab's President Roland Sundén and be a member of the Hiab Leadership Team. Scott Hall brings with him extensive experience from leading positions in international sales and business management at globally operating companies.
Seattle and Tacoma Report Strong October Box Volumes
The ports of Seattle and Tacoma reported October full load import and export volumes that were the strongest for the month since 2012. Year to date, imports and exports for October continue to support a strong peak season for the Northwest Seaport Alliance (NWSA), with an 11 percent increase and 16 percent increase, respectively. To support this peak shipping season’s strong agricultural exports, the NWSA has lengthened the extended gates program through December 2. The main commodities moving through our gateway are hay, forest products, and fruits and vegetables.
Caterpillar CEO to Retire, Successor a Company Veteran
Caterpillar Inc insider Jim Umpleby will become chief executive of the heavy equipment maker on Jan. 1, faced with the challenge of reversing a multiyear sales decline triggered by the global commodities slump. He replaces Doug Oberhelman, who will retire as CEO on Dec. 31 but stay on as executive board chairman until March 31, the company said on Monday. Caterpillar shares were down about 0.58 percent to $87.20. Under Oberhelman the company recorded record high revenue in 2012, two years after he became CEO.
Fugro Acquires 'Fit for Nuclear' Status
A Fugro manufacturing centre that specialises in marine geotechnics has met Nuclear AMRC’s (Advanced Manufacturing Research Centre) exacting marque of supplier competence for nuclear contracts. The UK facility for over-water drilling and marine construction equipment gained Fit For Nuclear (F4N) status following rigorous assessment under the coveted supplier excellence scheme. Recognising ‘nuclear excellence engagement and success’, the award assesses and scores suppliers in six key areas: Strategy and Leadership…
Liebherr USA Names Cabiedes-Uranga Marketing GM
Liebherr USA, Co. has promoted Ana Cabiedes-Uranga to the position of General Manager, Marketing. In her new role she will be responsible for leading and facilitating the company’s marketing efforts and strategy for the eight divisions that fall under the newly formed Liebherr USA, Co. umbrella. Cabiedes-Uranga has more than 10 years of combined marketing and management experience at Liebherr with expertise in implementing integrated marketing communication strategies. She has…
China Launches New 98,000-ton Heavy-lift Mega Ship
The Guang Hua Kou, one of the world's largest heavy lift semi-submersible ships, was launched last month at Guangdong Shipyard International. At 98,000 tons, it's one of the largest vessels of its size, anywhere in the world. Though the ship is formally built for COSCO Heavy Transport, a state-owned civilian firm, it will likely be made available for the People’s Liberation Army Navy (PLAN) for peace and wartime operations, reports Popular Science. A shipping line owned by the Chinese government, Cosco Heavy Transport specializes in handling heavy cargo.
Hyundai Heavy Industries Back in Black
According to a regulatory filing, Hyundai Heavy Industries (HHI) racked up 10.2728 trillion Korean won in sales for Q1 2016, a 7.8 percent decline from the previous quarter while operating income swung to a profit of 325.2 billion won, putting an end to a nine-quarter losing streak. The officer added, “We see the 1Q 2016 consolidated earnings have not deviated much from the annual performance goal we set up early this year. HHI also attributes the turnaround to a series of drastic…
RSC Bio Solutions Expands Series of Biodegradable Lithium Complex Greases
RSC Bio Solutions exanded its EnviroLogic 800 series of biodegradable greases. The EnviroLogic 800 series are VGP compliant, biodegradable Lithium Complex greases designed to operate in severe outdoor environments and withstand corrosion. RSC Bio Solutions is introducing EnviroLogic 800 and EnviroLogic 801 greases to further compliment the already established EnviroLogic 802, allowing the company to offer solutions for additional applications when specifications call for NLGI grades #0 and #1.
Hyundai Hit by $100mln Addl Tax Bill
South Korea’s shipbuilding giant Hyundai Heavy Industries (HHI) has been hit by another hurdle as it faces KRW 120 billion (USD 100.5 million) in taxes, Yonhap news agency informed. HHI has been notified by the country’s tax authorities of the additional tax imposition and the shipyard is considering to file for a review of the matter. The move comes as the South Korean shipyard struggles to extricate from debt after suffering massive losses for a second consecutive year on increased costs and an industry-wide slump.
Meijer Steps Down as Huisman CEO
André Meijer will step down from his position as CEO of Huisman, with immediate effect. The company said it will implement an internal solution and adjust the management structure accordingly, if required. Joop Roodenburg will remain involved in the day-to-day management of the company and continue in his role as Chief Technology Officer (CTO). Huisman is a globally operating company with extensive experience in the design and manufacturing of heavy construction equipment for on- and offshore companies.
“K” Line Group to Implement “K” Line Wind program
“K” Line Group (Kawasaki Kisen Kaisha) taking steps to improve our corporate culture and climate through the “K”-no-Kaze” (“K” Line Wind) program. Additionally, it is prepared a long-term policy for environmental conservation—called “Environmental Vision 2050”—to fulfill its responsibility to minimize our impact on the global environment. Early next month, DRIVE GREEN PROJECT, construction of a car carrier equipped with state-of-the-art technologies and designed to achieve the highest level of energy savings and environment-friendliness, is scheduled to be completed.
Russia, Iran in Shipbuilding MoU
Iran Shipbuilding and Offshore Industries Complex Company (ISOICO) and Russian Krasnye Barrikady Shipyard has signed an Memorandum of Understanding (MoU) for ship building activities. According to a report by MNA, the MoU was signed by managing directors of ISOICO and the Krasnye Barrikady Shipyard with the presence of Iran’s Deputy Minister of Industry, Mine and Trade Mojtaba Khosro Taj. ISOICO Managing Director Hamid Rezaeian said that three important indicators of the MoU are engineering discussions…
Former Shipping Execs Indicted on Price-fixing
Three former executives of ocean freight shipping firms have been indicted for participating in a long-running price-fixing conspiracy, the U.S. Justice Department announced. The executives – Yoshiyuki Aoki, Masahiro Kato and Shunichi Kusunose – have been brought up on felony charges for allegedly allocating customers and routes, rigging bids and fixing prices for the sale of international ocean shipments of roll-on, roll-off cargo to and from the U.S. and elsewhere, including the Port of Baltimore. The affected cargo included cars, trucks, construction equipment and agricultural equipment.
Indian Prime Minister Visits HHI
Indian prime minister Narendra Modi visited Korean shipbuilder Hyundai Heavy Industries (HHI), seeking increased partnership between the India’s shipbuilding industry and HHI. HHI is reportedly the only Korean company the prime minister visits during his two-day stay in the country. In a meeting at the HHI headquarters in Ulsan, Modi and HHI management discussed ways to expand cooperation on naval defense, LNG carrier construction and shipbuilding technology. The prime minister displayed particular interest in HHI’s range of naval vessels as well as high value vessels such as LNG carriers.