Maritime Jobs
Friday, March 29, 2024

Cost Management News

Silver Ships promoted Jason Powers to Chief Operating Officer (COO). Image courtesy Silver Ships

Silver Ships Names Powers COO

and has been a valued and dedicated member of the Silver Ships team for more than 25 years.As COO, Powers will direct daily production operations alongside the executive team and report directly to CEO, Steven Clarke. His responsibilities will include organizational leadership, process optimization, cost management, performance management and continuous improvement. This includes leading, directing and managing all project management and production activities in coordination with Engineering, Purchasing and Accounting departments. Powers is tasked with maximizing operational efficiency and developing a

Atit Mahajan (Image: CMA CGM)

Mahajan Named Managing Director of CMA CGM India

French container shipping company CMA CGM Group said it has appointed Atit Mahajan as managing director for CMA CGM India, effective August 1.A qualified chartered accountant with 18 years' experience in strategy, finance and cost management roles, Mahajan was most recently Chief Financial Officer, CEVA Logistics India Pvt. Ltd and was previously Chief Operating Officer, LCL Logistix, both subsidiaries of the CMA CGM Group. In the past, Mahajan has also been part of the CMA CGM Group and was Chief Financial Officer of CMA CGM India from 2010 to 2015.CMA CGM started its operations in India in 1989

Photo: Polarcus

Polarcus Announces Further Job Cuts

changes to the executive management team.   The expanded cost reductions are part of a longer term plan that aims to help Polarcus withstand a prolonged difficult market as well as to take advantage of opportunities in this volatile environment, the company explained.   As part of the cost management program implemented at the end of 2014, personnel reductions now total 26 percent. This additional reduction of 15 employees are all office staff and include executive management positions to fit a redefined Polarcus. Cost savings as a result of these recent personnel changes plus additional

Strategic Marine Appoints New GM

Asia to The Middle East, the emerging African markets, and into Europe where we are able to compete very attractively with local providers.”  Reece continued, “Our extensive manufacturing facility in Vietnam enables us to be appealing in terms of both product turnaround time and cost management. Rob will be based in Vietnam to lead the team and we are investing in continual training programmes since we believe talent development is pivotal to delivering high quality outcomes.&rdquo

Executive Changes at Transocean

as Executive Vice President and Chief Financial Officer effective May 28, 2015. "Esa brought a fresh and unique perspective to Transocean when he joined the company almost three years ago and he has contributed materially to the company's capital structure, fleet rationalization and cost management initiatives," said Jeremy Thigpen, Transocean's President and Chief Executive Officer. "On behalf of all of Transocean, I thank Esa for his service and wish him great success in his future endeavors." Thigpen continued: "I have known Mark for a number of years, and I am

Hughes to Lead Assent’s Maritime Business Development

Assent Medical Cost Management has named Renee Hughes as the Senior Business Development Executive. Hughes will direct business development for domestic and international maritime bill review and negotiation for Assent. She will target P&I clubs, ship owners, ship managers, maritime adjusters, cruise lines and maritime attorneys utilizing Assent’s proprietary model that combined financial and medical applications involving bill review and negotiation.   Prior to joining Assent Medical Cost Management, Hughes served as an executive within the industry’s service and cost savings

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