A group of 26 institutional investors has issued a summons against bankrupt Danish ship fuel supplier OW Bunker in the latest stage of a legal campaign for allegedly misleading them in its 2014 initial public offer (IPO). The investors had said last year they would sue Bunker…
Two global maritime security risk management providers Port2Port Maritime Security and Neptune Maritime Security announced they have agreed to merge. The combined group will provide significant scale and service advantages to the shipping and offshore industries…
Mark Delaney has been appointed Managing Director of GAC India, following the retirement of Paul Haegeman who has held the position since September 2004. Delaney, now responsible for overseeing the continued growth of GAC’s shipping and logistics businesses in India…
Darrell Bryan, formerly president and CEO of Victoria Clipper, has started work as interim CEO of Interferry following the retirement of Len Roueche. The Interferry board of directors named Bryan for the role – effective from April 1 - late…
The Bomin Group, a global physical supplier and trader of marine fuel oil, announced a number of appointments within its leadership team in order to create a solid foundation for further growth in the coming years. Effective April 1, 2016…
Following the announcement on 12 February 2016 that Lewis Booth would step down as Senior Independent Director once a successor had been identified, Rolls-Royce Holdings Plc has announced the appointment of Sir Kevin Smith as Senior Independent Director…
Australia's Liquefied Natural Gas Limited (LNGL) has appointed Chevron executive Greg Vesey to replace company founder Maurice Brand as managing director and chief executive. Brand will continue on with LNG as an executive director until his retirement in June next year…
Nadir B. Godrej, MD of Godrej Industries Ltd., was conferred the Lifetime Achievement Award by the All India Liquid Bulk Importers and Exporters Association (AILBIEA) during its 15th Anniversary celebration held on 1st April 2016 in Mumbai. AILBIEA…
The crew of the Coast Guard Cutter Charles Sexton, a 154-foot fast response cutter, repatriated 10 Cuban migrants to Bahia de Cabañas, Cuba, Friday.These repatriations are a result of two separate migrant interdictions at sea within the last week in the south Florida Straits…
In 2015, DNV GL delivered satisfactory financial results and increased its operating revenue by 8.2%. Group President and CEO of DNV GL Remi Eriksen highlights: “Given the challenging market conditions, particularly in the oil & gas industry…
Harrington Hoists, Inc. announced that Edward (Ned) Hunter will take on the role of executive vice president and senior executive officer of Harrington’s parent company, KITO Corporation, and Carlo Lonardi has been promoted to president of Harrington Hoists…
Mitsubishi Heavy Industries, Ltd. (MHI) held a ceremony at Shinagawa Intercity Hall in Tokyo to formally welcome new employees joining the company this year. President and CEO Shunichi Miyanaga addressed the new recruits, about to begin new lives as productive members of society…
China Merchants Holdings (International) Company has proposed to change its name to China Merchants Port Holdings Company Limited. The proposed change is subject to approval by shareholders through a special resolution at the AGM and confirmation by the Registrar of Companies in Hong Kong…
The Swedish Club reported to its board today that it has achieved a consistent 2015 underwriting performance with financial stability and cost-efficient quality services for its members. It delivered a balanced underwriting result, despite higher claims activity and increased volatility…
Marcel van Galen has joined global infrastructure market maker CG/LA Infrastructure as Managing Director, Business Development. In addition to bringing sales leadership to CG/LA, van Galen will be responsible for shaping the sales team and optimizing the customer sales experience…
