People & Company News

 

Cargotec Appoints Svennevig as VP

Nov 23, 2011

Cargotec appoints Tom Svennevig Vice President for MacGregor advanced load-handling business.     Cargotec has appointed Tom Svennevig as Vice President responsible for the company's advanced load-handling business line as of 24 October 2011…

Alternative Dispute Resolution Provisions

Nov 23, 2011

Do they save you time, money, and aggravation?• CautionOver the last decade, the legal community has embraced alternative dispute resolution modalities, such as mediation and arbitration, as tools to resolve disputes between litigants…

IHC Merwede Appoints South East Asia CEO

Nov 23, 2011

IHC Merwede strengthens its internationalisation strategy with new CEO for South East Asia.IHC Merwede, a global maritime, engineering and manufacturing group, has appointed Denis Welch as its CEO for South East Asia. He will be responsible…

Sea-Fire Appoints UK Distributor

Nov 22, 2011

Continuing to expand its vast worldwide network, Sea-Fire has appointed a new UK distributor.  Based in Southampton, England, Ocean Safety Ltd. specializes in marine safety equipment.'We are delighted to partner with Ocean Safety,' said Richard Duckworth…

Nordic Tankers: Weak Rates Drive Revenues Down

Nov 22, 2011

In its summary of interim report Q3 2011, Nordic Tankers said that in the third quarter of 2011 the time charter equivalent (TCE) revenue dropped back to the low levels of the first quarter of 2011. The main reason was the continued weak freight rates…

Hapag-Lloyd Generates Positive Result

Nov 22, 2011

Hapag-Lloyd generated an operating result (adjusted EBIT) of EUR 36.7 million in the third quarter 2011. This took the operating result for the first nine months of the current financial year to EUR 78.8 million. EBITDA came to approx. EUR 275 million in the first nine month of 2011…

New Fleet Tracking Software

Nov 22, 2011

NecesSea, L.L.C., a new private company in Covington owned by Jennifer Comeaux will launch its management solutions software for the Oil & Gas Industry during Workboat 2011 on November 30, in New Orleans.  A demonstration and launch party will be held at the New Orleans Marriott…

Partners by Design: Gibbs & Cox

Nov 22, 2011

Local relationships, backed by 80 years of experience, help this independent engineering and design firm make waves in the competitive Gulf Coast design and build markets. Founded in 1929, Gibbs & Cox naval architects have designed warships and auxiliaries in the U…

H2O Names Dixon Project Manager

Nov 22, 2011

H2O, Inc., a leading water system equipment provider, has named David N. Dixon Project Manager, announced H2O President Jess Fike.Based in Lafayette, La., Dixon’s responsibilities include project management and scheduling for complex engineering…

Wärtsilä to Acquire Hamworthy plc

Nov 22, 2011

Wärtsilä Corporation reached agreement with the Board of Hamworthy plc, a UK listed engineering company focussed on the marine and oil and gas sectors, in regards to a recommended cash offer for the acquisition of Hamworthy. Under the terms…

No Recordable Incidents for Signal Texas

Nov 22, 2011

Signal International announced that on November 16th, 2011, its Texas Operations in Orange, Texas achieved one full year, working 451,116 man-hours, without the occurrence of an OSHA recordable incident. This is a significant safety milestone…

Powell Named President of JMS Naval Architects

Nov 21, 2011

JMS Naval Architects & Salvage Engineers (JMS) has named Blake Powell to the position of President. Mr. Powell previously served as Vice President. Rick Fernandes, who has been with the firm since its founding, has been named Vice President…

XL Establishes Inland Marine Field Ops

Nov 21, 2011

To put its marine insurance experience closer to their clients, agents and brokers, the Marine insurance unit at XL Group plc (NYSE: XL) announced additional underwriting appointments further establishing its inland marine field operation. XL’s new Inland Marine Field team includes Michael Perrotti…

U.S. DOJ: Guilty Plea in Price Fixing Case

Nov 21, 2011

Florida-Based Sea Star Line LLC Agrees to Plead Guilty and Its Former President Is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico Sea Star Line Also Agrees to Pay $14.2 Million Criminal Fine…

GPA: Engineering Ideas Into Reality…

Nov 21, 2011

The motto at Guido Perla & Associates, Inc. (GPA) for over thirty years and continuing to this day has always been: Engineering Ideas into Reality. For clients worldwide, no matter how large or small the project, from single vessels to an unprecedented number of vessels in one series…

Logistics News

Seatrium Divests US AmFELS Yard for $50.7M

Seatrium Divests US AmFELS Yard for $50.7M

CMA CGM Acquires Rail Logistics Firm Freightliner UK

CMA CGM Acquires Rail Logistics Firm Freightliner UK

Export Prices of Russian Wheat Rise

Export Prices of Russian Wheat Rise

Harwich Haven Authority Shortlisted for Social Value Award

Harwich Haven Authority Shortlisted for Social Value Award

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