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Team Lines to shut down operations as of February 11, 2019, due to deteriorating market conditions.
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IHA’s board of directors has elected new president, Roger Gill, to join newly appointed chief executive officer Eddie Rich. Rich, who took over the role from Richard Taylor on September 09, presented to IHA’s new board the organisation’s strategy for the next two years. This will see IHA focus on research and policy, sustainability and […]
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Bermuda-based chemical tanker owner and operator Team Tankers International has managed to shrink its net loss to USD 6.6 million in the first quarter of 2017, compared with a net loss of USD 8.9 million seen in the quarter ended December 31, 2016. Team Tankers said that its EBITDA for the three-month period ended March 31, […]
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iSURVEY has expanded its global team with the addition of two new business development managers, based in the UK and Norway. Joining iSURVEY Offshore in Aberdeen is Grant Aitchison, who has spent the last 20 years in a variety of technical and management roles at Fugro’s survey and subsea services divisions. He joins iSURVEY’s UK […]
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Due to a decline in charter rates and difficult market environment, Bermuda-based chemical tanker owner and operator Team Tankers International suffered a major drop in its full-year net results. Team Tankers saw a net loss of USD 13.1 million in 2016, compared to a profit of USD 455.4 million posted in 2015. During the fourth quarter […]
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Tritech International, a Moog Inc. company, has welcomed Gordon Nelson to its team. Gordon will be based in the company’s Edinburgh office, Tritech informed through social media. Gordon, who holds a University of Glasgow Bachelor’s Degree, Avionics, and Bachelor of Science with Merit, has experience in sonar technology. His experience is well suited with the company’s business […]
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The International Marine Contractors Association (IMCA) has appointed Bruce Gresham as director for client engagement in the USA, in a part-time consulting role. He will be supporting the Association in developing and expanding its engagement with oil companies and the broader industry in the United States. Gresham has over 30 years’ experience in the offshore construction industry. He […]
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Xodus Group has grown its team in Perth by almost 50% after a batch of new contract wins in the Asia-Pacific (APAC) region over the last twelve months. Xodus’ APAC office saw its revenue increase by more than half and has already secured AUD 1.2 million worth of work in the first few weeks of […]
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OceanTools has welcomed Brian Hector and Diane Smith, both formerly part of Teledyne Bowtech, to its team. Their roles are to assist in the development and expansion of the OceanTools camera and lighting range. The company is looking to create a range of industry leading cameras (including IP and GigE) and lights, which will include […]
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A luxury superyacht is to dock at Gunwharf Quays, Portsmouth, on Monday. The Motor Yacht Anna has been bought by an unnamed billionaire businessman, thought to be European. He has allowed its designers to show it off to their families for the day before it heads off to the Mediterranean.
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ROVOP is set to add new personnel to its Middle East base due to a rise in demand for its services. The company is looking for experienced ROV personnel to work from its Middle East Operational Centre in Dubai, delivering services including drilling support, inspection repair and maintenance and construction across subsea operations. The new hires […]
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Xodus Group has expanded its renewables capabilities with the addition of a dedicated advisory unit. The advisory team will support lenders, developers and the wider supply chain to identify and capitalize on renewable energy opportunities and mitigate against risk. Scott Hamilton has been appointed to lead the team, with a focus on due diligence, supply […]
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Business & Finance, Operations & Maintenance
Natural Power, a renewable energy consultancy, has hired Leanne Ramage as Head of Projects in the technical department, and appointed Selena Farris as a Senior Technical Manager. Both roles will be based at the company’s Ochil House office in Stirling, Scotland, and will support the company’s Director of Technical, Lauren Wheatley. Ramage, who joins from DNV-GL, […]
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Team Tankers inks deal to acquire all outstanding shares in Laurin Shipping and Anglo-Atlantic Steamship Company.
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Norwegian seabed seismic services player Magseis has strengthened its team with several new appointments. Tom Henrik Sundby has accepted the position as CFO and will join Magseis in April 2018, the company informed. Sundby has more than 25 years’ experience in finance and management roles most recently as finance director of BerGenBio. Previously, he was based in […]
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Neptune Energy has made three senior appointments, based in its Aberdeen and London offices. Pete Jones has joined Neptune Energy as UK managing director. Most recently Jones held the position of managing director of Taqa Europe. He has over 25 years’ international experience in the upstream oil and gas sector. Ian Conacher, current UK country director, […]
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AMA Marine expands marine transportation services by adding a 13,221 dwt tanker to its fleet.
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Next Geosolutions has recently welcomed three new team members, Alison Lucas Collier, Francesco Varriale and Jose Maria Alvarez Alda. Alison Lucas Collier, an experienced technical and management professional who has worked at consultancy level supporting engineering in energy development projects during her roles at Fugro, Gardline, 4C Offshore and DeepOcean, has joined Next Geosolutions as […]
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Magseis has expanded its global operations and relocated its head office to Lysaker, Norway, effective April 09, 2018. Per Christian Grytnes, acting CEO said: “The new offices enable all Magseis Oslo based staff to work from the same premises. We are expanding our global operations and the new headquarters will support efficient implementation of Magseis […]
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UK-based subsea company Rovco has strengthened its senior management team with the appointment of Dr Iain Wallace as chief technology officer (CTO). A former technical lead for the European Space Agency, Wallace will drive the development of a real-time 3D vision system for ROVs and AUVs. He will also explore how artificial intelligence can be […]
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Business & Finance, Operations & Maintenance, Research & Development
US-based hydrokinetic developer Ocean Renewable Power Company (ORPC) has expanded its executive team with several new appointments.
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Bermuda-headquartered chemical tanker owner and operator Team Tankers International has seen a major return to the black during 2015 as the company reported its net profit at USD 455.4 million, compared with a net loss of USD 188.6 million in 2014. Due to a flourishing tanker market over the year, Team Tankers said it experienced increased activity and […]
