Brazil's state-run oil company Petroleo Brasileiro SA said on Thursday Luciano Coutinho, the head of Brazil's state development bank BNDES, will be its new chairman. Coutinho will replace former finance minister Guido Mantega as chairman…
TOTE Services has promoted Michael J. (Mick) Kondracki to director of labor relations and risk management effective March 16, 2015, as announced by the company’s president, Phil Greene, Jr. In his new role, Kondracki will oversee risk management…
Identifying, understanding and mitigating risk are all at the heart of PJ Jacquelin’s unique career. Where he came from first has made all the difference. PJ Jacquelin joined Barney and Barney – a Marsh & McLennan Agency LLC Company since…
Hapag-Lloyd CFO Peter Ganz steps down from position; CSAV CFO Nicolas Burr appointed his successor Peter Ganz will step down from his position as company CFO effective April 1, 2015, also leaving the company on the same day, as announced during today’s meeting of Hapag-Lloyd’s Supervisory Board…
They were dubbed the greatest generation, and after spending an hour or so with Linwood Thumm, known more affectionately as 'Tick,' it's easy to understand why. Two weeks shy of his 100th birthday, his recollection of his service in the…
The basic nature of maritime casualties, salvage and wreck removal has evolved rapidly over the last few years. Ships and offshore constructions have become more technologically elaborate, and in many cases simply bigger and more complex than ever…
“Ships and offshore structures are becoming more and more interconnected,” said Tor Svensen, CEO DNV GL - Maritime, when taking the stage at this year’s CMA (Connecticut Maritime Association) event in Stamford, CT. “In theory, all programmable components may be exposed to cyber threats…
Captain Joseph Frohnhoefer, Jr., the founder and CEO of Sea Tow Services International, died Tuesday at the age of 71. He passed at his home in Southold, NY after a battle with cancer. Frohnhoefer founded Sea Tow, which now has over 100 locations across the U…
I had never personally met with U.S. Coast Guard Commandant Admiral Paul Zukunft before I sat with him in his office at Coast Guard headquarters in Washington, D.C., last month, but having sat with a long list of government, military and corporate leaders in my time…
GOST (Global Ocean Security Technologies), will highlight its newest recreational marine products at the 2015 Palm Beach International Boat Show in Palm Beach, Florida, March 26-29.The company said it will highlight its GOST Watch HD H2O video surveillance system…
The crew of the U.S. 6th Fleet command and control ship USS Mount Whitney (LCC 20), painted the ship’s anchor gold March 19, 2015, after being awarded the Retention Excellence Award, for fiscal year 2014.Throughout the year, Mount Whitney maintained an overall retention rate of 88…
CEVA Logistics, one of the world's leading supply chain companies, has today announced the opening of a local distribution center for Magneti Marelli After Market Parts and Services, a division dedicated to the independent spare parts network and after sales market…
ASV Ltd, in partnership with nine other commercial and research organisations, have been awarded funding by Innovate UK to undertake in excess of £3million worth of research and development for Maritime Autonomous Systems (MAS). Three…
Wärtsilä has been selected as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe with effect from 23 March 2015. This is a remarkable continuation to the recognition Wärtsilä received from Forum Ethibel in September 2014…
Coast Guard crews rescued two fishermen from a sinking vessel 10 miles south of Newport, Rhode Island, Monday.At approximately noon, the two person crew of the 38-foot fishing boat More Misery notified watchstanders at Coast Guard Sector Southeastern New England in Woods Hole…