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Wednesday, May 8, 2024

Asset Management News

Catriona Savage, Chief Technology Officer, Silverstream Technologies. Image courtesy Silverstream Technologies

Savage Takes the CTO Seat at Silverstream

Product Development and Application Engineering and all aspects of product quality, safety and performance.Savage joins Silverstream following a career at BMT as Technical Assurance and Capability Director, where she oversaw the business’s global Maritime, Environment, Defence & Security, Asset Management & Sustainment functions. Savage is also President of the Royal Institution of Naval Architects (RINA) and is an Honorary Professor at UCL Mechanical Engineering, having previously held the position of Ministry of Defence (MoD) Chair in Naval Architecture

Christie Coats (Photo: Port of Redwood City)

Port of Redwood City Names Coats Director of Operations

;She will provide valuable insight and guidance in implementing the port’s overall strategic vision. We are delighted to have someone with this caliber of experience joining our organization.”  Prior to joining the Port of Redwood City, Coats was the general manager for maritime and asset management for the Port of New Orleans where she served for six years. She also served as a real estate program manager for the Port of San Diego where she led several high-profile terminal negotiations and projects.  “I’m thrilled to be returning to California to put my experience to

© 2ragon / Adobe Stock

Jobs at Stake as California Port Terminal Upgrades to Green Technology

coming from partially automated facilities, according to a 2021 report from the Organization for Economic Co-operation and Development's International Transport Forum (ITF), an intergovernmental policy think tank. The Long Beach terminal, purchased from Hong Kong-based owners in 2019 by the asset management unit of Australia's Macquarie Group Ltd, bet on both electric power and automated equipment for its decade-long redevelopment that combined two aged terminals into one. The new facility now handles three times more volume and has reduced emissions by 90%, CEO Anthony Otto told Reuters

Greg Wagner (Photo: Alabama Shipyard)

Alabama Shipyard Names Wagner CEO

Capital Partners LLC., an oil and gas industry marine and subsea construction support services provider.Wagner is a graduate from the State University of New York Maritime College and has held various management and executive positions in marine operations, business development, and project and asset management. Over the course of his career, Wagner, successfully led several Engineering, Procurement, Construction, and Installation (EPCI) projects, built strong organizational capabilities, and was a key component in companies like J. Ray McDermott, GL Noble Denton and Subsea 7, among others

Kamil Beffa (Photo: LDA)

Louis Dreyfus Armateurs Names Beffa CEO

a career in France and internationally within the Technip and Systra groups.Maire is stepping down and withdraws from operational activities and from the executive board after more than 30 years with the group. As an advisor alongside the chairman and the shareholders, he will focus on strategic asset management

Lorie Tekorius will become Greenbrier CEO and co-founder William A. Furman will become executive chair (Photo: Greenbrier)

Tekorius to Succeed Furman as Greenbrier CEO

he was Corporate Vice President of Trans Pacific's Leasing Group, responsible for all phases of its operations. In late 1974, Furman and Alan James acquired the Trans Pacific National division, a capital lease asset underwriter and entered the rail car and commercial jet aircraft remarketing and asset management business. This acquisition would eventually lead to the founding of Greenbrier in its present form in 1981.The original leasing company expanded into manufacturing with the acquisition of Gunderson in Portland, Ore. in 1985 from FMC. Furman has guided Greenbrier's growth through broad expansion

JAXPORT’s Board of Directors Names Hamilton Chair

selected new officers during its monthly meeting on Sept. 27, unanimously electing financial services executive Wendy O. Hamilton as Chair.Hamilton is a certified financial planner and serves as President of Eventide Investments of Florida, Inc. She has more than 25 years of financial service and asset management experience and specializes in managing multi-manager and multi-generational portfolios. Hamilton also participates in numerous community service initiatives, including the Women’s Giving Alliance, and is a former board member of both The Bolles School and the YWCA/Community Connections

Marc Ashton (Photo: Matson)

Matson Promotes Ashton

U.S.-based ocean carrier Matson announced it has promoted Marc Ashton to the role of Director, Equipment, Vehicle and Reefer Operations.Ashton will be responsible for planning and directing all container equipment positioning efforts, including container equipment fleet, equipment control, asset management, and inland logistics departments, throughout the Matson network. He will also manage Matson’s company-wide vehicle operations and all processes and systems related to automobiles, rolling stock and refrigerated cargo.Ashton joined Matson in 1997 as superintendent, terminal operations

Martin Gilbert - Credit: OGTC

OGTC Names New Chair

Aberdeen-based research and technology organization the Oil & Gas Technology Centre has appointed Martin Gilbert as its new Chair.Gilbert succeeds Archie Kennedy who has been Vice-Chair and Chair of the OGTC since it was established in February 2017.Gilbert was a founding director of Aberdeen Asset Management in 1983 and was instrumental in its £11bn merger with Standard Life in 2017, when he became co-chief executive of Standard Life Aberdeen.Welcoming Gilbert's appointment, Colette Cohen, CEO of OGTC said:"We’re excited to welcome Martin to the Oil & Gas Technology Centre

Fairfield Geotechnologies Names Sugahara CEO

Charles "Chuck" Davison as CEO of the company.Sugahara, a third-generation family member at Fairfield Maxwell, is a Senior Vice President and the Treasurer of the company. Prior to joining Fairfield in 2004, he served as an Associate in the Hedge Fund Investments Group at Credit Suisse Asset Management and an Analyst in the Private Wealth Management division of Credit Suisse First Boston. Sugahara is the Chairman of the Sugahara Family Ownership Board, the Chairman of SpeedPro Imaging, the Chairman of Great American Lines, the Chairman of Fairfield-Maxwell Services and a former Director of

Left to right: Jon Beatty and Greg Hammond (Photo: UTEC)

UTEC Makes Two Key Appointments

on the StarNet business unit director role having been with the business for more than 13 years. During this time, he has been instrumental in StarNet’s development, most recently as business development manager. Previously, Hammond supported the development of iSite, StarNet’s visual asset management solution

Dean Lembke (Photo: Duluth Seaway Port Authority)

Duluth Seaway Port Authority Names Lembke Facilities Manager

Port Authority has hired Dean Lembke as its new facilities manager. He will serve as the agency’s liaison with tenants, service and government agencies, private contractors and other property users to derive safe and efficient use of all Port Authority-owned land, structures, equipment and other assets.Lembke will be responsible for establishing cost-effective, environmentally sound asset-management programs for all Port Authority properties. He also will work closely with the executive director and CFO on long-range planning with regard to capital improvement programs and new construction projects

Reed Peré (Photo: Danos)

Leadership Changes at Danos

of successful project operations worldwide, providing integrated project support for customers’ onshore and offshore activity.Callahan joined Danos in 2013 as director, and later vice president, of finance and administration. With nearly three decades of experience in finance, risk management, asset management and procurement, he has held executive leadership positions in the telecommunication and ship repair industries.The moves of Peré and Callahan have created additional organizational changes, allowing for 12 Danos team members to take on new positions within the company.Among these new

John Moseley (Photo: Port Houston)

Port Houston Taps Moseley as CCO

of the Retail Industry Leaders Association (RILA), American Institute for International Steel (AIIS) and the Greater Houston Partnership (GHP). He is a member of the Society of Industrial and Office Realtors (SIOR), NAIOP – Commercial Real Estate Development Association and the Industrial Asset Management Council (IAMC)

Teekay Offshore Partners Appoints Interim CFO

Cowan join as Interim Chief Financial Officer of Teekay Offshore Group Ltd., a management services company that provides services to the Partnership’s subsidiaries while the company conducts a search for a permanent CFO.Cowan holds the position of Senior Vice President, Energy, at Brookfield Asset Management. Brookfield became a co-sponsor of the Partnership in September 2017, when it made a significant investment in the Teekay Offshore Group in order to acquire 60 percent of the outstanding common units of Teekay Offshore and a 49 percent interest in Teekay Offshore GP LLC.Cowan brings 15 years

Andrea Maserati (Photo: Louis Dreyfus Company)

Louis Dreyfus Names Maserati as COO

Senior Leadership Team with the aim of exploring new growth opportunities, it said.Additional appointees include several members of LDC’s existing Executive Group, as well as Ian McIntosh who was appointed LDC Chief Strategy Officer.McIntosh joined LDC in 1986 and left in 2008 to set up Edesia Asset Management, part of the Louis Dreyfus Group, serving as CEO and Chief Investment Officer until its closure.LDC said last year it was winding down Edesia as part of its drive to focus on trading and processing of agricultural goods."The newly appointed members of our Senior Leadership Team bring a

Oman Drydock Company (ODC) appointed Said bin Homoud Al Mawali as Chief Executive Officer. (Photo: ODC)

New Shipyards CEO at Oman Drydock Company

earlier last year by the ASYAD (formerly Oman Global Logistic Group) board of directors in Duqm/Oman.   Prior to his role at ODC, Said was providing leadership and governance for the Executive Management of OTTCO since February 2014. With the 21 years extensive experience in construction, asset management, plant operations, supply chain, cost control, business development, mergers and acquisition, Said is leading the corporate strategies and overall policies and procedures to ensure that all key people play constructive role in the development. Said occupied significant positions at Petroleum

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