People & Company News

 

Hypertherm is Now Fully Employee-owned

Jan 15, 2014

Hypertherm, a U.S. based manufacturer of plasma, laser and waterjet cutting systems, has announced the transfer of all its common stock into an Employee Stock Ownership Plan (ESOP), making the company 100 percent employee owned under an S-Corporation structure…

Neumann Named CEO and President of Starboard

Jan 14, 2014

Beth G. Neumann has joined Starboard Cruise Services as CEO and President, reporting to Starboard Chairman, Ed Brennan.Owned by renowned world leader in luxury, LVMH Moët Hennessy Louis Vuitton, Starboard is the largest and leading onboard retailer in the cruise industry…

Rooney to Lead Port of Hueneme Board

Jan 14, 2014

The Port of Hueneme Board of Commissioners voted in officers for 2014 at their first meeting of the year held January 13, 2014. Senior Commission member and former five-time President Jess Herrera nominated Commissioner Mary Anne Rooney to take the helm as president…

Kelly Named Managing Director of Triogen

Jan 14, 2014

Triogen, a branch of Degremont Technologies (Suez Environment group), announce the appointment on January 1, 2014 of Tom Kelly as Managing Director.Tom Kelly succeeds Jim Wheatley, founder of the Company. Jim retires after more than 30 very successful years at Triogen…

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…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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