Egypt Agricultural Exports Rise 12% in 2017
Egypt's agricultural exports rose 12.1 percent during the first half of 2017, reaching 3.5 million tonnes compared to 3.1 million last year, agriculture ministry spokesman Hamid Abdel Dayim said on Wednesday. Egypt's agricultural exporters have seen a surge in demand since the country floated its currency last November, allowing it to roughly halve in value as part of reforms tied to a three-year $12 billion International Monetary Fund loan agreement. Exports increased in citrus, potatoes, grapes, and strawberries, and fell only for onions, Dayim said.
Jeremy Nixon is CEO of ONE Ocean Network
The management of the new company, Ocean Network Express Holdings (ONE) - the joint venture between three Japanese shipowning societies Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) was unveiled. The existing NYK Line chief executive Jeremy Nixon named as the chief executive of ONE. Nixon has been chief executive of NYK’s liner division since 2012, and moved to Singapore two years before that to head its South Asia operation. The holding company with ultimate governance of ONE will remain in Tokyo…
Tanker with Disputed Kurdish Oil Reappears off Malta
The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30, when it was chartered by oil trader Vitol carrying Iraqi Kurdish crude oil, Reuters ship-tracking showed on Friday. The tanker had been heading to eastern Canada to discharge the cargo at the end of June when the Federal Court of Canada issued a seizure order for the cargo at the request of Iraq's oil ministry. Iraq alleges the cargo was unlawfully misappropriated by the Kurdistan Regional Government (KRG) and sold to Vitol.
Pevey Named Sales Director of Becker Marine Systems
Becker Marine Systems names Mike Pevey director of sales; opens North America office Mike Pevey has joined Becker Marine Systems as director of sales, responsible for managing Becker’s range of high performance rudder and maneuvering systems in North America. Becker Marine Systems recently announced the opening of its newest global office in North America. Located in Houston, Pevey will man the office, providing local service to the marine industry.
Cummins Reports Revenue Jump in Q2 2014
Cummins Inc. reported its results for the second quarter of 2014. According to the report, second quarter revenue of $4.8 billion increased 7 percent from the same quarter in 2013. The increase year-over-year was driven by stronger demand in on-highway markets and distributor acquisitions in North America. Revenues in North America increased 14 percent while international sales decreased 1 percent compared to the second quarter a year ago. Within international markets, lower revenues in Mexico, Brazil and India offset stronger demand in China.
Swiss Re Establishes North America Marine Team
Swiss Re Corporate Solutions has expanded its marine business by opening a North America marine office. Beginning October 1, 2015, the New York-based team will provide ocean cargo insurance, with additional products to follow, the company said. Leading the marine North America team will be Graeme Schultz, who brings 18 years of industry experience to the role. Swiss Re Corporate Solutions said the new marine team will support its regional North American clients, enabling better service to midsized-to-large manufacturers, importers, exporters and logistics providers, among others.
COWI NA Merges its Marine Companies
Ben C. Gerwick, Inc. and Ocean and Coastal Consultants, Inc. COWI North America, Inc. (COWI NA) announced that its two marine companies, Ben C. Gerwick, Inc. and Ocean and Coastal Consultants, Inc. will join forces to establish COWI Marine North America (COWI Marine NA). According to the company, the new entity will aim to compete with top national specialist marine firms. COWI NA announces that effective January 1, 2015 Ben C. Gerwick (Gerwick) and Ocean and Coastal Consultants (OCC) will merge operations to form the new specialist business unit in North America…
Kounalakis Joins OW Bunker N. America
OW Bunker, a reseller and physical supplier of marine fuels, announced the appointment of Georgia Kounalakis to its physical supply operation in North America. Kounalakis joins the region’s senior team to take on responsibility for business development and help to drive further sales growth across North America, in line with the company’s global expansion strategy. Kounalakis joins OW Bunker North America from Aegean Marine Petroleum Inc, where she most recently held the position of General Manager – Americas.
Wrist Seals Record Deal
Wrist Ship Supply, part of the Wrist Group, announced the acquisition of World Ship Supply, West Coast Ship Supply, East Coast Ship Supply and Karlo Corporation – collectively known as One Source North America - the largest ship supply organization in North America. The move represents the largest deal in the Wrist Group’s corporate history, and provides the organization with a major footprint into the U.S. and Canadian markets. The acquisition marks Wrist Ship Supply’s fifth deal in the past 12 months, and continues Wrist Group’s strategy of controlled global expansion.
Masterman President, CEO ESAB, N. America
ESAB Welding & Cutting Products announced the appointment of Andrew Masterman as President and Chief Executive Officer of ESAB North America. Masterman will be based in Florence, S.C., and will replace Brendan Colgan, who will be assuming the role of Chairman of The ESAB Group, Inc. (North America) and will also assume additional responsibilities by year's end as Operations Director for ESAB Global including India, South America, Asia Pacific and China. Masterman was previously president of Metalico’s Platinum Group Metals division.
ZF Promotes Meissner
The Industrial Technology division of the ZF Group said that Martin Meissner has assumed the position of Marketing and Communications Manager for North America. Meissner, currently the Marketing and Communications Manager for ZF’s Marine business in North America, will now be responsible for all facets of marketing related activities in North America for the Industrial Technology division. The Industrial Technology division encapsulates all of the non-automotive business activities of the ZF Group.
ISS Appoints Schollaert
Inchcape Shipping Services (ISS), the world's leading maritime, cargo and supply chain solutions provider has announced a key hire to its senior management team with the appointment of Steve Schollaert as Executive Vice President for North America region. Steve joins ISS with extensive experience at American President Lines (APL) where he held senior positions with responsibility both domestically and internationally in the areas of operations and commercial. In addition to APL…
ISS Names Speckman VP for North America Operations
Maritime and logistics service provider Inchcape Shipping Services (ISS) has promoted Stacie Speckman to Vice President, Operations for North America. Based in Houston, Speckman will focus on managing and developing ISS’ regional operational services and lead a continuous improvement culture across regional and group-wide projects. She will report to Tim Cahill, Executive Vice President, North America. With more than 30 years’ experience in the maritime industry, Speckman joined ISS in 2015 as Area General Manager for Greater Houston from tanker specialist…
Ron Huibers New President of Volvo Penta Americas
Ron Huibers, currently President of Sales & Marketing North America within Volvo Trucks Americas, will assume his new position on September 1, 2012. Huibers has been with Volvo Group for 20 years. He has held various North America and International executive positions within Volvo Group including Volvo Construction Equipment, Volvo Financial Services, Mack Trucks and Volvo Trucks. In his current position, Huibers is the leader of Volvo Trucks North America commercial sales and marketing operations with more than 25…
Maersk N. American HQ welcomes HRH The Prince Consort of Demark
HRH The Prince Consort of Denmark visited the North American headquarters of Maersk in Madison, NJ, today. The Prince Consort met with Chairman and CEO of Maersk Inc. J. Russell Bruner, Chief Financial Officer Maersk North America Morten K. Nicolaisen, President of Maersk Line North America Michael J. White, and President of Damco North America, Jeremy T. Haycock to discuss the history and current activities of A.P. Moller Maersk companies in the U.S. The Prince Consort was escorted by the Deputy Consul General and Head of Trade Thomas Rizk. The purpose of the U.S.
Management Changes at GAC North America
GAC North America - Logistics (GNAL) has made two key managerial changes to drive its business. Paul Fardy has been appointed Managing Director, based at the Houston head office, to oversee the further development of GAC’s integrated logistics services throughout North America. Previously GAC Management Systems Director at the GAC Group’s Corporate Headquarters in Dubai, Fardy brings more than 25 years of industry experience to his new role, including many years in GAC logistics operations in the Middle East and Asia Pacific.
Maersk Partners With Apex for North American Wind Energy
Maersk Line, Limited and Apex Offshore Wind Energy Partner to Bring Offshore Wind Energy to North America. Apex Offshore Wind, LLC and Maersk Line, Limited today announced that they have established a working relationship to support the development, financing and construction of utility-scale offshore wind energy facilities in North America. Maersk Line, Limited (MLL) is a subsidiary of A.P. Moller-Maersk, a global corporation with a long history of successful operation in offshore energy.
Kvaerner Sells EPC Center Houston
Kvaerner has announced the signing of an agreement to sell its on-going downstream focused operations and related assets of the entity known as EPC Center Houston to IHI E&C International Corp, a US subsidiary of the Japanese company IHI Corporation (IHI). Kvaerner retains and will further develop all of its other businesses in North America, both the Houston based Kvaerner Field Development business focusing on offshore field development projects and Kvaerner North American Construction providing construction services and maintenance in the unionized areas of North America.
LNG Supply Security: Linde to Present Conference Paper
Linde North America will be presenting a paper at the first annual LNG for Marine Transportation USA conference. The event will focus on how to build an LNG fuel supply chain for the Marine Market. It is being held in Houston, Texas, on June 11-12, 2013, at the DoubleTree by Hilton Hotel Houston-Greenway Plaza. Development for Linde North America, will deliver the presentation "LNG Supply Security: Ensuring There is Enough LNG to Meet Demand in the Long Term" on Tuesday, June 11, at the session on Logistics and Supply.
Shift in Global Energy Predicts New Report
ExxonMobil’s 'Outlook for Energy' forecasts new opportunities for international trade and economic growth. The global energy landscape will evolve significantly as regional demand-and-supply patterns shift in the coming decades, creating new opportunities for international trade and economic growth, says newly-releaed 'Outlook for Energy: A View to 2040'. In its annual forecast, ExxonMobil projects that global energy demand in 2040 will be approximately 35 percent higher than in 2010.
Auto-Maskin Opens Houston Office
Auto-Maskin, the makers of the Marine Pro range of diesel engine controllers, announced the opening of a new regional office in Houston, Texas to support the continued expansion in the marine and oil and gas sectors in North America. The facility in Houston will be staffed by sales, engineering, application, aftermarket and commissioning resources, backed up by the HQ in Norway. With a comprehensive local inventory of parts for both new project sales or replacement parts for the extensive equipment population already in North America…
Port of Hueneme Inks BMW North America Contract
Port Officials and BMW of North America, on the eve of BMW’s 26th anniversary at the Port, executed a fifth modification of its 1987 contract extending their agreement for an additional five years through December 31, 2018. Said Harbor Board President Jason Hodge, “BMW’s Vehicle Distribution Center is a vital community partner and a significant economic engine. BMW’s Port manager Mark T. Port CEO and Executive Director Kristin Decas noted at the announcement, “26 years represents a lifetime in the maritime community.
Terma NA Names Hungerford President & CEO
Terma North America Inc. (TNA), a subsidiary of the Denmark-based Terma A/S, has appointed Larry Hungerford as President & CEO, effective immediately. Larry Hungerford joined Terma North America Board of Directors in February, 2008. During 2012 he became part of the company’s daily operations as Vice President, Business Development, Command, Control & Sensor Systems while continuing his Directorship. Prior to joining Terma North America, Larry Hungerford was responsible for leading Lockheed Martin’s domestic growth and management of Lockheed Martin’s 26 domestic field offices…
Lloyd’s Register, MarineCFO Partner to Provide Turnkey SubM Solutions
Industry Innovators Combine to lead US Towing Vessel Compliance. Lloyd’s Register North America, Inc. has formally announced to the United States Coast Guard its intention to assume Subchapter M Third Party Organization duties effective immediately. This message was followed by the signing of an exclusive Subchapter M joint marketing agreement between Lloyd’s Register North America, Inc. and workboat technology provider MarineCFO, who will jointly bring comprehensive solutions for compliance with Subchapter M.
Barnett Promoted to Director, Holland America Line
Holland America Line has promoted Amy Barnett to the position of division sales director for the East. In her new role, she will be responsible for planning, organizing and directing sales programs, as well as analyzing and implementing strategic and tactical initiatives to increase sales in North America. Barnett will manage a team of 16 business development managers and four sales coordinators. She will report to Eva Jenner, vice president, North America sales. Barnett joined…
BMW Opens Vehicle Distribution Center at Baltimore Port
BMW Group celebrated the official opening of its newest Vehicle Distribution Center at the Port of Baltimore yesterday. The facility will serve 96 dealers within the Central and Eastern regions of BMW’s dealer network. Ludwig Willisch, President and CEO, BMW of North America, and Craig Westbrook, Vice President – Aftersales, BMW of North America, were in attendance and spoke at the opening. “BMW Group year-to-date sales in the U.S. set a new benchmark, topping 246,000 vehicles in the first eight months of this year…