Seaspan Appoints Brass as CFO
; Christof is a highly accomplished finance executive who will provide the leadership and guidance necessary to build a strong, integrated and efficient finance team. In addition, his industry background – which includes contributing to the profitable growth of aerospace and defence programs at Airbus Group – is valuable as Seaspan continues to develop the systems and processes required to deliver on its commitments to the Government of Canada as part of the National Shipbuilding Strategy. “Christof will be an integral member of our Executive Leadership Team in the newly created
Management Shuffle at Atlas Elektronik
December 31, 2015 and take on a new role as Chief Executive Officer of Eurofighter Jagdflugzeug GmbH in Hallbergmoos, Bavaria. In his previous assignment, Rolf Wirtz was Senior Vice President and acted as Head of the business unit “Sensors, Electronic Warfare & Avionics” unit of Airbus Defence and Space and also Head of the Development and Production unit within the Electronics business line. Over and above this, he directed the Ulm location of Airbus. The Management Board will be extended by one more member. This new position will be taken over by Dr. Jens Bodo Koch,
RH Taps Bannerman to Head Americas
Effective April 1, 2018, Radio Holland Group appointed Philip Bannerman as Regional Director Americas. Bannerman will be based at the RH regional head office in Houston and will be responsible for all offices and activities of Radio Holland in the Americas region, being USA, Canada, Curaçao, Panama, Brazil and Trinidad & Tobago. Philip Bannerman is a senior business development executive with 20 years in the international maritime, cruise and energy industries. He holds a degree in Aeronautical Engineering from Glasgow University. Philip has spent a considerable part of his recent career
PSA International sees profit jump 5.0%
* PSA International Pte Ltd (PSA) handled 74.24 million TEUs for the year ended 31 December 2017, representing an increase of 9.8% from the previous year. * PSA's flagship Singapore Terminals contributed 33.35 million TEUs, increasing 9.0% over 2016. PSA terminals outside Singapore delivered a total throughput of 40.89 million TEUs, increasing 10.4% over 2016. * PSA Group revenue rose 7.8% and profit from operations grew 5.0% compared to previous year. Overall net profit for the year was 5.1% higher at $1.23 billion. * PSA's balance sheet remains strong with a gross debt equity ratio of 0.
Preece Named Managing Director at CWind
Mark Preece has been appointed Managing Director of CWind, the Global Marine Group (GMG) offshore renewable business. Preece, who has extensive experience in the offshore and maritime sectors, joined CWind on an interim basis late in 2017. He has formerly served as Executive Vice Chairman at PDi Ltd, CEO of CEONA Offshore and CEO of Reef Subsea.
BAE Systems Names Wolstenholme MD in the UK
Andrew Wolstenholme OBE will join BAE Systems plc from May 24, 2018, in a newly-created role on the Executive Committee as Group Managing Director, Maritime and Land UK. Wolstenholme will be responsible for BAE Systems’ Maritime and Land UK sectors and will report directly to Chief Executive, Charles Woodburn. Wolstenholme joins BAE Systems from Crossrail Ltd., where he led Europe's largest infrastructure project for the last seven years. He has extensive experience in business leadership and delivering major engineering projects in the U.K., Asia and North America, including
Hardy Takes Over as Vitol CEO
Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider, Russell Hardy, as the new group CEO. Taylor said two years ago he was battling cancer although he continued to travel the world, chasing deals from Africa to the United States and Australia while also working as chairman of the board of trustees for London's Royal Opera House. Hardy, who started his career at BP and traded fuel oil, was long seen as one of two front-runners to succeed
Ozegowski New CEO at Atlas Elektronik
Michael Ozegowski,52, has been appointed the new Speaker of the Management Board and Chief Executive Officer of Atlas Elektronik GmbH with effect of May 1st, 2018. He succeeds Dr. Jens Bodo Koch who is to become CEO of Heckler & Koch Group. Ozegowski started his professional career in 1999. In the following 19 years, Ozegowski held various senior management positions, e.g. as Head of Product Management for submarine sonars and systems or as Head of Central Procurement. Since 2013, he has been the Executive Director of the business field Submarine Systems.
Dan-Bunkering Promotes Two Bunker Traders
Dan-Bunkering has announced the promotion of Bunker Traders Rali Bara and Lamin Bara in its Dubai office as of March 1, 2018. Rali Bara, who joined the Dubai office in 2013 was promoted to Bunker Trader & Team Leader and has during his career with Dan-Bunkering shown great business instinct and strong leadership skills, which is why a promotion to Team Leader was an obvious next step up the internal career ladder. Lamin Bara, who was also promoted to Bunker Trader & Team Leader started with Dan-Bunkering in Dubai in 2015 and has demonstrated the ability to motivate the team
Sweden's Vattenfall to Cut 1,500 Jobs
Sweden's state-owned utility Vattenfall said on Monday it would cut 1,500 full-time positions among its employees and consultants by 2020 as part of a long-running drive to boost competitiveness and profitability. The announced job cuts form part of a 2 billion Swedish crowns ($244.62 million) cost-savings programme that Vattenfall announced a year ago. "The fact that we now show a positive financial result doesn't mean that we can rest on our laurels," Vattenfall Chief Executive Magnus Hall said in a statement. Vattenfall has about 20,000 employees, primarily in Sweden, Germany, the
Dennis joins SeaRobotics as Director of Programs
Lou Dennis has joined the SeaRobotics Corporation as Director of Programs based at the company's headquarters in Stuart, Fla. Dennis entered the ocean industry as a commercial diver after graduating from Florida Institute of Technology. He then joined Subsea 7's engineering group focused on Deepwater ROV and Intervention Tooling System design. Dennis later joined ROV manufacturer Perry Slingsby Systems, as its Vice President of Programs then moving onto Lockheed Martin as Business Development Manager for its AUV program. Before joining SeaRobotics, he served as General Manager of the Southeast
Montgomery McCracken Names Two Maritime Attorneys to Firm Partnership
Montgomery McCracken announced it has named attorneys Robert E. O’Connor and Davis Lee Wright to the firm’s partnership. O’Connor, located in the firm’s New York office, was previously an associate. Wright, who is located in the firm’s Wilmington office, was of counsel. O’Connor is a general litigator and a member of the firm’s Maritime and Transportation practice group. He represents insurers, owners and operators of vessels, and marine fuel suppliers among others. O’Connor also specializes in environmental matters relating to oil pollution and
Tham is President, New Enterprises and Ventures of ST Engineering
Singapore Technologies Engineering Ltd (ST Engineering) announced the appointment of Russell Tham as President, New Enterprises and Ventures, effective March 19, 2018. In this newly created position, Russell will drive the expansion of the Group’s business by building new adjacencies for growth through technology and innovation in verticals outside of the Group’s core businesses in the Aerospace, Electronics, Land Systems and Marine sectors. He will report to the President & CEO. “The creation of this new position represents a further strengthening of
Smith Appointed Ferguson Group CEO
Ferguson Group announced the appointment of Richard Smith to lead its executive team. This appointment follows on from the acquisition of Ferguson Group by the global supply-chain logistics company, Brambles Limited, in September 2014. Richard Smith will act as Chief Executive Officer of Ferguson Group during the period of transition into Brambles, and reports to Jason Rabbino, Group President of Brambles’ Containers segment. Smith joined the Ferguson Group in 2012 as Group Finance Director and has played an important role as a member of the company’s Board of
WEC, MTL Partnership Saves 135 Engineering Jobs
WEC Group has funded a partnership deal to acquire the business and certain assets of metal manufacturing specialist MTL Group out of administration, saving 135 jobs. The Administrators of MTL Group Limited chose the deal offered by WEC Group as the best option. It will allow the South Yorkshire company to move forward with WEC as a new force in the U.K.’s fabrication and engineering sector. MTL Group encountered difficulties on a large overseas defence contract which resulted in losses and cash flow problems. Despite best efforts to secure new investment or a sale of the company
Arora Promoted to MD of Elektrans Shipping
Elektrans Group has promoted Capt. Deepak Arora to Managing Director of Elektrans Shipping Pvt. Ltd. Arora has been with the Elektrans Group for four years during which he has served in several executive positions within Elektrans. Arora will take the helm and lead the group's shipping portfolio, which is going through a phase of consolidation, organizational adjustment, internationalism as rapidly expansion of its tanker owned fleet. Arora will report directly to the Group CEO of Elektrans Group.
Evac Names Rudling President, Offshore and Merchant
Evac Group has appointed Claes Rudling as global Business Area President, Offshore and Merchant, effective January 23, 2017. Rudling will continue as CEO of Uson Marine, which was acquired by Evac Group in December 2016. Rudling is a member of the Evac Group Management Team. He is based in Stockholm and reports to Tomi Gardemeister, President and CEO of Evac Group. Evac Group is aprovider of integrated waste, wastewater, and water management systems for the marine, offshore and building industries.