Bahri announced financial results for the fourth quarter and full year ended December 31, 2020. The company reported an increase of 153 percent in annual net profit from $165m in 2019 to $426.5m in a year marred by the COVID-19 pandemic. Revenue rose by 28 percent to $2…
The Coast Guard Foundation said Thomas A. Allegretti has been elected to the position of Chairman of the Board, effective January 7, 2021. Allegretti first joined the Coast Guard Foundation board in 2006 and has served on the Executive Committee and the Audit Committee…
Shipbuilder Austal USA said it has promoted Sandra Koblas to vice president of human resources.Koblas joined Austal USA in 2007 and has served as the Mobile, Ala. shipyard's director of human resources for the past eight years, leading the company’s employee relations…
Testing, inspection and certification group Bureau Veritas (BV) announced Friday that its MAC (Maritime Assurance & Consulting) will officially become Bureau Veritas Solutions Marine & Offshore (BVS), the technical advisory, asset management…
Sea Machines Robotics, a developer of autonomous command and remote-helm control systems, has promoted Phil Bourque to the role of business development and sales director, U.S. Government, effective immediately.In his new position, Bourque will…
Savannah-based Colonial Group Inc. has announced a new era of leadership as it prepares to mark a major milestone in the company’s history in 2021.Christian B. Demere (Demere) has been named chief executive officer, succeeding his father, Robert H…
Wallem has signed an agreement with the Ocean Technologies Group to implement its recently launched OCEAN Learning Platform.The OCEAN Learning Platform is designed to deliver blended learning, assessment and competency management solutions to improve knowledge…
Trading house Gunvor's founder Torbjorn Tornqvist has increased his stake in the firm after a bumper profit year as he bought out some leaving partners and expanded the board to bring in a new generation of managers.The company said Tornqvist…
Maritime security risk management firm Dryad Global announced Tuesday it has appointed Teresa Peacock as its first non-executive director.Peacock is currently managing director at maritime staffing and recruitment firm Spinnaker Global and a member of the Maritime UK’s Diversity Taskforce…
There is increasing pressure for shipowners to sharpen their environmental performance, driven by an IMO target to halve greenhouse gas emissions from shipping by 2050, regional regulations and market pull from charterers, banks and investors…
The UK’s Offshore Renewable Energy Catapult Selects Oceanspace Communications for Public Relations & Campaign SupportSpecialist maritime and offshore PR firm joins new team tasked with elevating the British businesses, people and technologies…
Ship data consumption is booming, and as digitalization and data trends increasingly drive the maritime world, Inmarsat celebrated a pair of milestones, hitting the 10,000 vessel mark on Fleet Xpress installations and launching its 'Fleet Data Academy…
Ship management company V.Group has announced the appointment of Bjoern Sprotte as chief executive officer, Ship Management.Based in Hamburg and reporting directly to V.Group CEO René Kofod-Olsen, Sprotte replaces Franck Kayser, who has requested…
Ports of Indiana announced that Ian Hirt has resigned after four years as port director of Ports of Indiana-Burns Harbor, effective May 3, 2021. The Ports of Indiana executive leadership team has commenced plans to hire a new port director.During Hirt’s tenure…
Hong Kong-headquartered dry bulk shipping company Pacific Basin announced Wednesday that Martin Fruergaard will take over as CEO, replacing longtime chief executive Mats Berglund, who has decided to retie. Fruergaard, the current CEO of Danish gas shipping company Ultragas…
