Corbett & Holt, LLC and Gallagher Marine Systems, Inc. announced that they have reached agreement on a merger that will combine the two companies. This move is designed to join two of the premier providers of Qualified Individual and spill management team services and compliance support for the U.S. Oil Pollution Act of 1990 (OPA 90) and other U.S. state and national oil and hazardous substance pollution laws and regulations. The companies will continue to operate as Gallagher Marine Systems and Corbett & Holt under a joint management team. The joint management team will be made up of Biff Holt as managing director, Jack Gallagher as Director of response operations, and Charles Corbett as director of technical services.
The MacGREGOR Group recently unveiled details of its new offshore division, a division made possible by the recent acquisitions of Hydramarine in Norway and Plimsoll in Singapore. The Offshore division will comprise more than 660 employees: 160 in Norway and 500 in Asia. In 2006, Hydramarine and Plimsoll had a combined turnover of approximately €104 million and a order backlog of €175 million. Both Hydramarine and Plimsoll are financially consolidated into the MacGREGOR Group as of April
The Alaska Pacific Response Group L.L.C. (APRG) has added Dick Jackson and Tom Jones to its ICS training and oil spill response team staff. Jackson, formerly with Mobil Oil, will be the primary representative for Oregon and California. Jones, formerly with Alaska Clean Seas will be the primary representative in Fairbanks, Alaska and serve APRG's clients in Alaska's interior and North Slope. APRG provides OPA 90 Qualified Individual Services
MODEC Inc., announced that its wholly owned subsidiary, MODEC (USA) Inc. in partnership with the current management team of Friede & Goldman, Ltd. (FGL) has signed a contract with Friede Goldman Halter, Inc. to acquire the assets of Friede & Goldman Ltd. The acquisition is subject to approval by the United States Bankruptcy Court. Commenting on the agreement,. Paul Geiger Jr., President of Friede & Goldman, Ltd. said
Blackmer, a provider of pump and compressor technologies, has promoted Tom Madden to the position of Managing Director.Madden joined Blackmer more than 30 years ago as a member of its manufacturing management team. By 1997, he had progressed to the position of Chief Financial Officer. Madden acquired his MBA degree from The University of Chicago’s Graduate School of Business.
The T&T Bisso Response Network announced the addition of DeeAnn McMillen to its Oil Pollution Act of 1990 (OPA 90) management team. McMillen has 19 years of experience assisting clients with regulatory compliance. She has spent the previous nine years focusing on vessel emergency response services, OPA 90 and state regulatory compliance. (www.ttbisso.com)
Superior Offshore International, Inc. a leading provider of subsea construction and commercial diving services on the outer continental shelf of the Gulf of Mexico, has named Patrice Chemin as its Chief Operating Officer, or COO, effective immediately. With over 35 years of oilfield-related and international marine construction experience, Chemin is a tremendous addition to Superior Offshore International’s executive management team.
Barwil, the Wilh.Wilhelmsen Group's global provider of Port & Marine Services has acquired a 40 percent stake in Denholm Shipping Services Ltd. (DSS), owned by the UK-based Denholm Group. The company will be rebranded as Denholm Barwil Limited and managed by the existing DSS management team led by Niall Denholm.
Tyco Telecommunications, a business unit of Tyco Electronics, announced it is now operating under a new corporate name: Tyco Electronics Subsea Communications (TE SubCom). In 2010, TE SubCom will complete cable installations and upgrade projects in Asia, the Middle East and the North Atlantic. The company’s management team remains unchanged and TE SubCom maintains the existing company headquarters, research and development laboratories, manufacturing facilities
The Coast Guard formally established the Incident Management Assistance Team during a ceremony held at Base Portsmouth Thursday morning. The IMAT is the first full-time, national incident management team comprised of 41 active and reserve military and civilian personnel. The IMAT supports the operational commander in complex incident crisis management for all-hazard, all-threat incidents and events. The team is a rapidly deployable
The Coast Guard informs that their representatives together with those from the Environmental Protection Agency were back on scene Wednesday to oversee cleanup operations after a crude oil discharge Monday evening at the BP Whiting Refinery in Whiting.
Wilhelmsen Ships Service (WSS) advises that it has strengthened its Singapore-based management team with the appointment of Ms. Hege Solstad as Regional Director, WSS Asia Pacific, and Harald Lundestad as General Manager in the Singapore office.
Global private equity firm KKR has bought $150 million worth of shipping loans from two European banks amid a surge of interest in the industry as world trade in goods picks up along with the global economy. There have been a flurry of deals in recent months for ship finance loans
Drydocks World, an international service provider to the maritime, oil and gas and energy sectors, announced it has signed an Agreement with Malta Oil & Gas Ltd. for building two unique new jack-up drilling rigs based on Gusto MSC CJ54-X135-A design
Navios Maritime Holdings Inc. announced that Chairman and CEO Angeliki Frangou, along with members of the Navios Maritime Holdings Inc. management team, will commemorate the Company's 60th Anniversary by ringing the NYSE Closing Bell on Wednesday, February 19, 2014.
Private equity firm Irving Place Capital (IPC) and Victor Technologies (Victor) announce they have entered into a definitive agreement to sell Victor to Colfax Corporation (Colfax), a global manufacturer of gas and fluid-handling and fabrication technology products
Guardian Maritime Ltd. announced the appointment of Jean Winfield as its new Marketing Director, strengthening their worldwide management team. Jean has more than 20 years’ experience in public relations and marketing, with the last 15 years being specifically in maritime having
Navios Maritime Holdings Inc. Chairman and CEO Angeliki Frangou, along with members of the Navios Maritime Holdings Inc. management team, commemorated the company's 60th Anniversary by ringing the NYSE Closing Bell today, Wednesday, February 19, 2014.
Norway-based Oceanteam Shipping says it has exercised its option to buy the remaining 30% shares of KCI design engineers, a multi-discipline engineering company, employing over 150 engineers with offices in Schiedam, The Netherlands and Hamburg, Germany.
APM Terminals and Brookfield Asset Management announce the formation of a joint venture at APM Terminals’ Port Elizabeth, New Jersey facility, subject to the Port Authority of New York/New Jersey and regulatory approvals which are targeted to be received in the next couple of months.
The London P&I Club has increased its membership by almost two million gross tons over the past year. This increase reflects the entry of further tonnage with the club by existing members, and the addition of new members from China, Greece, Singapore, Turkey, and the U.K.
Matson, Inc., a U.S. carrier in the Pacific, announced today that Kevin O'Rourke, senior vice president and chief legal officer, is retiring after 21 years with Matson. O'Rourke will be succeeded by Peter Heilmann, who has been promoted to senior vice president and chief legal officer
Hicks Equity Partners (HEP), a private equity firm led by the Thomas O. Hicks family, announced that its portfolio company, Directional Rentals, Inc., has acquired Reamco, Inc., a company based in Lafayette, La., that manufactures, rents and refurbishes downhole drilling tools and related products
Subsea installation contractor Bibby Offshore has recently commenced work with Maersk Oil UK on a multimillion pound contract that will see Bibby Offshore provide subsea construction and inspection, repair and maintenance (IRM) services to all of Maersk’s North Sea assets
Volvo Penta announced two key appointments to strengthen its management team in the Americas: The company has appointed Ed Monacchio as vice president distribution development, region Americas and Gabriel Barsalini as general manager, South America.