Maritime Jobs
Saturday, November 25, 2017

Bank Of America News

Greg Jung (Photo: Torqeedo)

Torqeedo Names Jung Marketing VP

for brand, corporate messaging, events and demand generation programs for the company’s data science technology platform. Previously, Jung was vice president of Americas marketing for Teradata Marketing Applications, senior vice president of global marketing and corporate affairs for Bank of America, and a senior consultant at Aprimo, Inc. Jung holds a Bachelor of Science degree in management from Purdue University, as well as a Masters of Business Administration with a concentration in organizational leadership from Butler University. He served on Butler University’s College of

Hardin Bethea (Photo: Blackhill Partners)

Bethea Appointed Director at Blackhill Partners

Analyst and SMid-Cap Portfolio Manager for a boutique investment firm where he was responsible for investment products valued at approximately $1 billion. Bethea’s experience also includes working in the Credit Products group within the Global Corporate and Investment Banking division of Bank of America where he served a broad range of clients in the business services, retail, travel/tourism, transportation, aerospace and manufacturing industries.   Bethea earned a Bachelor of Science in Business Administration from the University of Richmond in Richmond, Va., and a Master of International

Oil Above $55 on Weaker Dollar, Saudi Output

pared losses after the dollar renewed its slide. "In the past 15 years, the global economy was defined by rising commodity prices, zero interest rate policy, and a weak USD. This cycle has now gone into reverse with a decelerating industrial economy in China and the rise of U.S. shale," Bank of America Merrill Lynch said in a report. "A combination of a strong dollar, higher interest rates and subdued growth may keep commodity prices in check in 2015," it added. China's February crude oil imports from Iran fell 3.7 percent from a year ago to 2.04 million tonnes. China boosted

Credit Suisse Names Perry Global Co-Head of O&G

Credit Suisse on Friday named Tim Perry global co-head of oil and gas investment banking, effective January. Perry - who is being promoted from his current job as regional oil and gas co-head for the Americas - will work together with Osmar Abib, who has led the oil and gas group since 2011, Credit Suisse said in a statement. (Reporting by Brenna Hughes Neghaiwi)

Capt. Herbert Soanes

Misuga Group Appoints Soanes as COO

Experienced shipping executive joins from DVB Bank to lead the Misuga Group in their next stage of growth and development.   The Misuga Group announced  that Capt. Herbert Soanes has been named Chief Commercial Officer for Europe and the Americas. Capt. Soanes will solidify and expand the business base which encompasses a fleet of more than 170 vessels. Capt. Soanes spent the past 10 years at DVB Bank serving most recently as Senior Vice President in their global shipping and offshore business. His prior experience includes senior roles at Manalytics International (US, UAE, Canada) and

Chairman, Ian Davis of Roll Royce

Rolls-Royce Rejigs Top Deck

where she was responsible for all of HSBC's operations in the USA and played a key role in strengthening the financial institution's risk processes. During a 29 year career at HSBC, she held a number of international roles including as the first woman to lead HSBC in Malaysia and launching its Islamic banking unit. She is a passionate advocate of diversity and inclusion.   In a further change, John Neill, who joined the Board in November 2008, will stand down at the AGM in May having completed six years as a Non-Executive Director.   Ian Davis said,"I'm pleased to announce that Irene

J.F. Lehman & Company Appoints Hanenberg to Principal

firm focused on the defense, aerospace and maritime sectors, is pleased to announce the promotion of William J. Hanenberg from Vice President to Principal. Hanenberg joined the firm in 2008 as an Associate and has been promoted four times.  Prior to joining J.F. Lehman, he was an investment banking analyst in the Global Industrials Group at Banc of America Securities where he worked extensively in the Aerospace & Defense end-markets. Mr. Hanenberg earned a B.S. in economics from Duke University and an M.B.A. from Columbia University's Graduate School of Business

BP Names New Group Chief Economist

BP today announced the appointment of Spencer Dale as its new Group Chief Economist with effect from the end of October. Mr Dale joins BP from the Bank of England where he is currently Executive Director for Financial Stability Strategy and Risk. He is also a member of the Bank’s Financial Policy Committee. In his previous capacity as the Bank’s Chief Economist, Mr Dale served for six years on the Monetary Policy Committee. Since joining the Bank in 1989, Mr Dale’s roles included working as private secretary to former Governor Mervyn King and a secondment as a visiting Senior

Seaspan Appoints Bing Chen As Chief Executive Officer

will continue to strengthen its position as the leader in the global containership leasing industry."   Over his twenty five year career Chen has held executive positions in China, Europe and the United States. Most recently, Chen served as CEO of BNP Paribas (China) Ltd. where he led the bank’s growth strategy in China. From 2011 to 2014,  Chen was the General Manager for Trafigura’s Chinese business operations, where he maintained full P&L responsibility for domestic and international commodities trading in the country.    Between 2009 and 2011 Chen was

Michael Hansen (Photo: Asahi/America, Inc.)

Asahi/America Promotes Hansen to VP

Asahi/America, Inc. has promoted Michael J. Hansen to Vice President of the Western Region and International Operations.   Since August 2015, Hansen has been handling the reporting and strategic planning of Asahi/America’s sales operations in South America, the Pacific Islands, and, most recently, the company’s entrance into the Australian marketplace. In addition to these responsibilities, Hansen will continue to oversee Asahi/America’s team of sales representatives west of the Mississippi River, and assist Asahi/America district sales managers and their distributors with

Chad Call (Photo: Intermarine LLC)

Intermarine Promotes Corporate Finance Director

cargo transporter Intermarine, LLC reports it has promoted Chad Call to Director of Corporate Finance. Call will continue to report to Michael Dumas, Executive Vice President and Chief Financial Officer. In this new role, Call will be responsible for managing the company’s banking relationships, corporate financial analysis, forecasting and financial reporting. Call joined Intermarine in 2010, where he previously served as Intermarine’s Manager of Financial Planning and Analysis. In this role he worked alongside the company’s top leadership and private equity

Maritime Labor Alliance Holds Leadership Summit

; said Harold Daggett, President of the ILA. “Working in conjunction with the legislative representatives of all of our unions, we will make our voices heard where it counts in Washington as well as on the Docks.” An expert on employee benefit plans, former Chairman of the Federal Reserve Bank of Richmond and author of the book “When the Good Pensions Go Away: Why America Needs a New Deal for Pension and Health Care Reform,” Dr. Mackell also serves as Special Advisor to the International President of the International Longshoremen’s Association, for political, legislative

Marcelo of Brazil is challenged by Hector Herrera of Mexico (Photo courtesy of FIFA)

Brazilian Ports Pause for World Cup Matches

halted operations for two hours during the games and resumed work shortly thereafter, the spokesman added. Administrative workers at both Santos and Paranagua planned to leave work at 1 p.m. local time on Monday, though some mooring and security workers were to continue working. Financial markets, banks and other companies have also closed early on game days in Latin America's largest economy. (Reporting by Caroline Stauffer and Gustavo Bonato, editing by G Crosse

Beth Bodensteiner

Beth Bodensteiner is Sr VP at Holland America Line

  Beth Bodensteiner has been promoted to senior vice president, revenue management for Holland America Line. In this capacity, Bodensteiner will lead the development and execution of all revenue management programs and initiatives that support Holland America Line’s revenue goals. She will report directly to Orlando Ashford, president of Holland America Line. “Since joining the company more than a decade ago Beth has consistently demonstrated a level of professionalism and expertise that have been instrumental in the company’s planning and decision making,” said Ashford.

The Impact of Decarbonization on Shipping Finance

Forum roundtable in London yesterday, the Carbon Pricing Leadership Coalition and global NGO Carbon War Room, worked with shipping leads from major global financial institutions to explore the challenges of decarbonisation for ship financing.   With the launch of the report Preparing shipping banks for climate change: How can internal carbon pricing help ship-financing banks in risk management?, the two organizations called for shipping’s financial institutions to begin analyzing and managing the risks created by the shipping industry’s imminent decarbonization. In order to do so

Martin Bjuve (Photo: Volvo Penta)

Volvo Penta Names Bjuve VP, Customer Support/Training

 Volvo Penta of the Americas has appointed Martin Bjuve as vice president for customer support and training. In this position, he will provide strategic direction and management for support and product training for dealers and customers across the U.S., Canada, Mexico, Central America and the Caribbean.   Bjuve has served as vice president and chief financial officer at Volvo Penta of the Americas since 2013. In addition to his responsibilities in the finance department, Bjuve has led key manufacturing investment projects in the Americas. He has been with Volvo Penta since 2003, with

Petrobras

Bradesco Asset Management Nominates 2 on Petrobras Board

  The assets management unit of Brazilian bank Bradesco has proposed two candidates for seats on the board of the state-run oil company Petroleo Brasileiro SA, or Petrobras. Petrobras said in a filing on Friday that Bradesco Asset Management SA had nominated Eduardo Bunker Gentil and Otavio Yazbek as candidates for the board. Gentil was executive director at the local investment bank Itau BBA as well as an executive director at Credit Suisse. Yazbek is an attorney in Sao Paulo and a director of regulation at the BM&FBovespa commodities and stock exchange in Sao Paulo. Petrobras said

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