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Monday, May 6, 2024

Neptune News

© Genya / Adobe Stock

UN Bodies Call for More Action to End Crew Change Crisis

the plight of the world’s seafarers, who play a vital role in global trade.They note that as COVID-19 travel restrictions eased and vaccination rates increased among maritime personnel, the humanitarian crisis at sea showed signs of improvement before the Omicron variant appeared.According to the Neptune Declaration Crew Change Indicator, which is based on data from 10 major ship managers employing some 90,000 seafarers, the percentage of seafarers on board vessels beyond their contracts decreased from 9% in July 2021 to 3.7% in December 2021.But the share bounced back up to 4.2% by mid-January

By Igor Kardasov/AdobeStock

VIDEO: Long-Term Consequences of Covid-19’s Crew Change Crisis

urged governments to designate seafarers and port personnel as “key workers”, exempt them from national travel or movement restrictions, facilitate emergency repatriation and prioritize vaccinations. Mirroring these calls, more than 450 shipping companies and allied organizations signed the Neptune Declaration on Seafarer Wellbeing and Crew Change.Crewing issues came under the spotlight in the wake of the Wakashio incident in July 2020 when the vessel ran aground off the coast of Mauritius, spilling hundreds of tons of oil in the process. Reports indicated at least two of the crew had been

© Alexey Seafarer / Adobe Stock

Over 300 Companies Sign 'Neptune Declaration' to Ease Crew Change Crisis

laid out in a maritime labor convention.The companies, which include shipping groups such as A.P. Moller Maersk, miners Anglo American and Rio Tinto, oil majors BP and Royal Dutch Shell as well as trading companies Cargill, Trafigura and Vitol, will boost information sharing as signatories of the “Neptune Declaration” initiative.“All of us have a duty of care to seafarers,” said Kit Kernon, global head of shipping at Vitol.“Their wellbeing is essential to safe and efficient operations.”Signatories will also increase collaboration between shipping operators and charterers

Mohamed Mounes Shahat - Credit: Neptune Energy

Neptune Energy Names New Managing Director for Egypt

Oil and gas company Neptune Energy has appointed Mohamed Mounes Shahat to the role of Egypt Managing Director, based in Cairo. Mounes, who will start in December, joins Neptune from Egypt’s Ministry of Petroleum, having most recently held the position of Minister’s Advisor for Gas Affairs.The new MD has almost 40 years’ experience in the sector having begun his career with the Gulf of Suez Petroleum Company in Egypt as a Petroleum Engineer.He has held senior leadership roles including Operations General Manager and Board member at Khalda Petroleum Company and was Chairman and

Jim House, Neptune Energy CEO - Credit: Neptune Energy

Neptune Energy Plans to Let 400 Office Workers Go

Oil and gas company Neptune Energy is looking to reduce its workforce by 400 positions, half of which are contractor roles, citing the impact of the COVID-19 and a drop in oil prices."We anticipate approximately 400 roles across nine countries to be impacted by these proposals, with around half of these staff positions and half contractor positions. The impacted roles would be office-based and operations would not be impacted by these proposals," Neptune said in a statement sent to Offshore Engineer. Neptune's current workforce - including staff and contractors - is around 1,900.

Alexandra Thomas has joined Neptune Energy as UK Managing Director, based in Aberdeen. Credit: Neptune Energy (The image has been cropped)

Neptune Energy Names UK MD

Oil and gas company Neptune Energy has informed that Alexandra Thomas has joined the company as UK Managing Director, based in Aberdeen.Thomas joins Neptune from Tullow Oil plc, where she most recently held the position of Head of Exploration, Development, and Commercial for Ghana.She has 18 years’ experience in the oil and gas sector, starting her career with assignments in both Shell and Equinor before joining Tullow as a result of its acquisition of the Vattenfall assets in 2011.She has held a number of senior leadership roles in the UK, Netherlands, Norway and, most recently, in Ghana where

(Photo: Neptune Energy)

Neptune Energy Names Lumens CFO

Private equity backed oil and gas producer Neptune Energy on Monday named former Louis Dreyfus executive Armand Lumens as its chief financial officer. Lumens worked with Louis Dreyfus Co as its group chief financial officer for less than two years and last month left the commodities trader citing personal reasons.Lumens will join Neptune on December 1, the company said in a statement.Neptune, based in London, is backed by Carlyle Group and CVC Capital partners and headed by former Centrica boss Sam Laidlaw.(Reporting by Shanti S Nair; Editing by James Emmanuel)

Odin Estensen (Photo: Neptune Energy)

Neptune Energy Names Estensen Managing Director for Norway

Neptune Energy has appointed Odin Estensen as Managing Director of its Norwegian business, based in Stavanger.Estensen joins Neptune Energy from A/S Norske Shell, where he is currently the Norway Operated Asset Manager.With more than 28 years’ experience in the oil and gas sector, Estensen started his career with Schlumberger before joining Shell in 1990, where he went on to hold various senior roles across Europe, and also to support operations in the Middle East, Africa and Asia.Anne Botne, currently Interim Country Director of Norway for Neptune, will remain with the company and fully resume

Petey Rozands, Regional Sales Manager Nautisk New Orleans (Photo: Nautisk)

Nautisk Names Rozands New Orleans Sales Manager

take up management of sales and new business activity for North America and the surrounding region.   Working out of Nautisk’s New Orleans hub, Petey will work with both local and global customers providing a range of core maritime navigational solutions including POD (Print on Demand), Neptune (Nautisk’s vessel information service) and Nautisk’s digital publications library, NaviTab as well as digital and paper chart products.    With over 20 years’ experience in the Oil and Gas industry, Petey has worked extensively within the marine sector selling OSV

Maersk Mc_Kinney Moller (Photo courtesy Maersk)

Maersk Fights to Stay on top as Containership Downturn Deepens

year. However, the profit was down 95 percent from the $714 million it made a year earlier.   COMPETING WITH THE BIG BOYS Now it must deal with stiffer competition created by the mergers and acquisitions. The world's no. 3 player, CMA CGM of France, is in the process of acquiring Singapore's Neptune Orient Lines (NOL) for S$3.4 billion (US$2.5 billion). Last week CMA announced it would also form a joint venture with PSA Singapore Terminals to operate container berths. In China, former state-controlled rivals COSCO and China Shipping Group have merged to create China COSCO Shipping Corporation

Nicolas Sartini (Photo: NOL)

NOL Appoints New CEO, CFO

Amid a takeover by France’s CMA CGM, Singapore container shipper Neptune Orient Lines (NOL) has named a new chief executive officer and chief financial officer.   Nicolas Sartini will take over as chief executive officer, succeeding Ng Yat Chung, who has served as NOL president and CEO since 2011.   New chief financial officer Serge Corbel will join Sartini as executive directors of the newly constituted 10-member NOL board.   Ng will continue as executive director on the NOL board and will be a special adviser to the new chairman, Rodolphe Saadé, who is also the vice

Paul Barry (left) and Mick Elmslie (right) (Photo: UTEC)

UTEC Announces Management Changes

securing repeat business from existing customers. Barry joins UTEC having previously been Project Surveyor for both Technip and Subsea 7. With almost 20 years in the offshore survey sector he brings a wealth of operational experience to UTEC, including a period as Operations Manager at Perth-based Neptune Geomatics

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