Genco Opens Singapore Office
commodities such as iron ore and coal. Prior to joining Genco, Kempenaer was a senior broker on the Capesize desk of Simpson Spence Young Pte Ltd. Previously, he served as General Manager, Pacific Chartering for EDF Trading Singapore Pte Ltd., and also served as the Head of the Capesize Department at BHP Billiton. Genco’s fleet currently consists of 13 Capesize, six Panamax, four Ultramax, 21 Supramax, one Handymax and 15 Handysize vessels with an aggregate capacity of approximately 4,688,000 dwt
Martek Bucks the Trend on Gender Divide
the trend. Martek Marine, who employ more than 60 staff, now boast a leadership team which is made up of 75% women. The business, which launched in 1999, serves 80 different countries and women currently make up 45% of their entire workforce. During 2016 both the BBC and BHP Billiton took steps to ensure that moving forward women make up 50% of their workforce. While in the marine industry several attempts have been made in recent years to try to increase the number of women in the industry. In 2014 The World Maritime University (WMU) and IMO published a
Petrobras Chairman Ferreira to take Leave
the price of iron ore, the main ingredient in steel, will stay low for years after falling more than half since last year. Despite being one of the world's lowest-cost producers of the mineral, Vale has found itself in a tight spot as its investments are well above those of Australian rivals BHP Billiton and Rio Tinto. Vale is in the process of building a giant iron ore mine in the Amazon known as S11D. The expansion is the world's largest iron ore project at the moment. Since taking the helm of the Petrobras board, Ferreira has not always seen eye to eye with other board members.
Changes on BHP Billiton Board
BHP Billiton Chairman, Jac Nasser, today announced a number of changes to the BHP Billiton Board of Directors. Anita Frew has been appointed to the BHP Billiton Board as an independent Non-executive Director, effective as of 15 September 2015. Ms Frew has over 18 years’ experience as a director and chairman on public company boards across a range of global sectors, including chemicals, engineering and finance. She is currently Chairman Designate of Croda International Plc, the speciality chemicals group and Deputy Chairman of Lloyds Banking Group Plc. Mr Nasser said Ms Frew’
BHP Billiton Submission on Workplace Relations
BHP Billiton today welcomed the opportunity to provide a submission to the Productivity Commission as it considers improvements to the workplace relations framework in Australia. BHP Billiton’s submission includes recommendations for a number of specific enhancements to the workplace relations framework that could be made in the near term. These amendments would allow employers and employees to more effectively work together to support improvements to productivity and competiveness in the Australian economy. In its submission, BHP Billiton said reform should be focused on: Implement
Tug Operators Plan Strike at Port Hedland
Tug boat operators plan short strike at top Australian iron ore port Tug boat engineers at Port Hedland, Australia's biggest iron ore port, plan to stop work for four hours on Nov. 12 over a pay dispute, threatening exports from BHP Billiton and Fortescue Metals Group , according to tug operator Teekay Shipping. The Australian Institute of Marine & Power Engineers (AIMPE) has given notice of the stoppage, Teekay said, adding that it exempted towage already under way. AIMPE Federal Secretary Martin Byrne said the action was aimed at having "minimal impact" on the port's users and
BHP Bullish on Caval Ridge's Prospects
Yesterday BHP Billiton Coal President, Dean Dalla Valle, was joined by the Hon. Tony Abbott MP, Prime Minister of Australia, and joint venture partner Mitsubishi in a ceremony to open the US$3.4 billion Caval Ridge Mine, which has created around 500 jobs in Queensland. Caval Ridge Mine is the BHP Billiton Mitsubishi Alliance’s (BMA)1 eighth operation in the region and will initially produce up to 5.5 million tonnes per annum of premium quality metallurgical coal. The mine was delivered below budget, and produced its first coal three months ahead of schedule. Mr Dalla Valle said the
BHP Billiton Congratulates Women in Resources
More diverse workforces are helping resource companies achieve superior performance, safety and stable production, says BHP Billiton’s Human Resource President, Mike Fraser. Mr Fraser delivered the keynote address at the inaugural Women in Resources Awards (WIRNA) in Brisbane today, with the national awards program building on the state-based Resources Council awards, celebrating the achievements of women, men and companies who make outstanding contributions to the industry. BHP Billiton boasted four finalists at the Awards, with Laura Tyler, Asset President, Cannington winning
