General (Ret.) John Coburn, CEO and Chairman of VT Systems Inc., announced the appointment of Boyd E. (Butch) King as CEO of VT Halter Marine Inc. at a company event celebrating the acquisition of VT Halter Marine. “King brings tremendous experience to his new position,” stated Gen. Coburn. “He will be at the forefront to ensure that VT Halter Marine contributes to the profitability of our marine sector.” Most recently a senior associate with Booz Allen and Hamilton, King consulted on various logistical support projects. Among other, this included the study and recommendation to revamp the Balkan Military Support initiative for the United States Army Europe. King also played an instrumental role in developing the Capstone Training Course for the first Interim Brigade Combat Team command and staff for the Army’s Training and Doctrine Command. Prior, King had a successful 35-year career in the U.S. Army, culminating in his appointment as Director of Transportation, Energy and Troop Support on the Army staff. In this position, he was responsible for a $3.9 billion dollar program to improve power projection platforms in the United States. During his Army career, King was at the helm of various logistic operations, which included the shipping of combat equipment in support of operations in Haiti to meet National Command Authority requirements for deployment. Mr
Secretary of Defense Robert Gates announced March 30 that Naval Submarine Base Kings Bay is one of five recipients of the 2007 Commander in Chief's Annual Award for Installation Excellence. The Commander in Chief's Annual Award for Installation Excellence recognizes the outstanding and innovative efforts of the people who operate and maintain U.S. military installations. The five recipients of this highly competitive presidential award were selected for their exemplary support of
Boyd E. (Butch) King was appointed CEO of VT Halter Marine Inc. at the beginning of the month. King most recently served as a senior associate with Booz Allen and Hamilton, consulting on various logistical support projects. Among others, this included the study and recommendation to revamp the Balkan Military Support initiative for the United States Army Europe. King also played an instrumental role in developing the Capstone Training Course for the first Interim Brigade Combat Team
Swire Oilfield Services, a provider of offshore cargo carrying units and associated services, has appointed Michael King as its new UK operations director. In his new role, Mr. King will ensure that the operational capability is fully developed, supported and resourced to provide the highest levels of service to all Swire’s customers served from the UK bases. Mr. King has a vast background in operations
Rep. Peter King (R-N.Y.) this week received the 2013 Champion of Maritime Award from the American Maritime Partnership (AMP), a group representing the domestic maritime industry in New York and across the United States. AMP provides the prestigious annual award to recognize an individual who has displayed extraordinary dedication to and consistent support for the American maritime industry. As a member and former chairman of the U.S
U.S. Department of Transportation Attends Rechristening of USMMA’s Kings Pointer U.S. Transportation Secretary Anthony Foxx and Acting Maritime Administrator Paul “Chip” Jaenichen today visited the U.S. Merchant Marine Academy (USMMA) to celebrate the rechristening of the Academy’s new training vessel, the Kings Pointer. They were joined by Academy leadership, as well as Senator Charles Schumer and Representatives Timothy Bishop and Steve Israel.
Crowley Maritime Corporation presented the Thomas B. Crowley Sr., Memorial Scholarships to three midshipmen from the U.S. Merchant Marine Academy at Kings Point, NY. Mark Miller, director of corporate communications for Crowley, presented scholarships to Allison Bennett, Casey Benefield and Jared Leigh at a Containerization & Intermodal Institute lunch. Midshipman Bennett, of Arlington, Texas, is a senior majoring in Logistics and Intermodal Transportation
It has been about fours months since the deal was sealed for PT Berlian Laju Tanker to acquire Chembulk Tankers—the 21st Century Chemical Tanker Company, and the vision of the acquisition is being realized. The addition of 19 new chemical tankers, coupled with the strong Chembulk management team, results in an organization that boasts the third largest stainless steel chemical tanker company in the world
VRP Service Disruptions September 2 and 5-9, 2013. The VRP program will be transitioning to the new Coast Guard Headquarters building September 5th through September 9th, 2013. As a result, there will be a disruption to VRP service during this time. Staff will not have access to computers or phones. Additionally, September 2nd is a federal holiday, limiting VRP staff availability to September 3rd and 4th that week.
Claire Divver has been appointed as BAE Group Communications Director. She will join the group early in the new year and will be a member of the BAE Systems Executive Committee, reporting to Chief Executive Ian King. Claire was formerly General Manager, Group Corporate Affairs for Xstrata plc where she was responsible for the global communications of the multinational diversified mining group. She joined Xstrata in 2004 and was also a Board member of Xstrata Nickel
Turkish assets rose on Tuesday as tension eased in neighbouring Iraq, leading oil prices to fall and concern about Turkey's trade balance to diminish. The main Istanbul share index closed up 0.43 percent at 79290.79, outpacing the MSCI index of emerging markets, which was little changed.
Vessel sales for June 2014 (as of July 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported – Vessel Name – DWT – Built (Age) – Price in Millions USD Bulk Carriers 6/26 - TAN BINH 36 - 22,257 - 90 (24) - $3.7
Andrew Weir Shipping Ltd. announced that it has been awarded the contract for the support and maintenance of HMS Protector (A173), following a competitive tendering process. HMS Protector is the Royal Navy’s Ice Patrol Ship, and is deployed on operations for 334 days per year
South Korean police are trying to confirm the identity of a body they believe may have been the fugitive head of the family that owned the operator of a ferry that capsized in April, killing more than 300 people, a police official told Reuters.
Twenty-two migrants drowned and at least 10 were missing after their vessels capsized off the Greek island of Samos early on Monday in seas where hundreds have died attempting the perilous crossing this year alone, the Greek coast guard said.
Underwater explorer Barry Clifford said he found sunken off Haiti what he thinks is the wreck of Santa Maria, Christopher Columbus’ long lost flagship from his first journey to the Americas. Clifford, working for an operation funded by the History Channel
Germany's economy minister has joined Angela Merkel in rejecting talk that utilities might hand over responsibility for decommissioning Germany's nuclear power plants to a new public entity, as the projected costs of decommissioning rise.
Suppliers without liquidity will lose out to financially robust organizations offering better terms. Dynamic Oil Trading has highlighted liquidity and credit as the single biggest challenge in the shipping industry when it comes to fuel supply
Contracts have been awarded by the U.S. Department of Defense to Great Lakes Dredge & Dock, NASSCO-Mayport, Timken Gears & Services Inc., and Colonna's Shipyard, Inc. Details as follows: 1. Great Lakes Dredge & Dock (GLDD- dredging contract
ZF Marine Propulsion Systems Miramar LLC, the North American arm of ZF Friedrichshafen AG Marine Propulsion Systems, announced that Ed Schwarz has joined the team as Business Development Manager for the Commercial and Fast Craft product line in North America.
Enrique de Sendagorta Aramburu, Honorary President and founder of the engineering and technology group SENER and President of the SENER Foundation, was presented with the Kingdom of Spain Entrepreneurial Career Award by King Juan Carlos I on Wednesday, June 4
The Chinese probe into financing of copper and aluminium may spread to other commodities such as iron ore and soybeans, an executive of a commodity hedge fund said on Wednesday. Banks and trading houses have been making urgent checks on the security of metal holdings in China
The class of 2014 from the U.S. Merchant Marine Academy (USMMA), which included 225 new Merchant Marine and Military Officers, graduated in Kings Point, New York on Saturday. Vice Admiral Michelle J. Howard, Deputy Chief of Naval Operations for Operations, Plans and Strategy
A milestone has been achieved in the Anti-Ship Missile Defense (ASMD) Upgrade Program with HMAS Arunta setting sail for her sea acceptance trials this week. Chief Executive Officer, Defense Materiel Organization (DMO) Warren King and the Chief of Navy Vice Admiral Ray Griggs, AO, CSC, RAN
China's increasing regulatory influence over international mergers and acquisitions has helped to create the hottest new commodity in its legal industry: anti-trust lawyers. Six years ago, China did not even have a legal system for regulating the impact of M&A on competition