Chief Executive News

Oil and gas industry saw worst year since 1970s in 2014, report finds - Business News - Business

Urgent action is needed in the face of "striking evidence" which shows that 2014 was the worst year for the industry since the 1970s.The report by industry body Oil & Gas UK said that it was vital to secure new investment and address the "collapse" in exploration if the UK is to make the most of its significant untapped resources and increase its international competitiveness.

Gulf Island Fabrication's (GIFI) CEO Kirk Meche on Q4 2014 Results - Earnings Call Transcript

Gulf Island Fabrication, Inc. (NASDAQ:GIFI)Q4 2014 Earnings Conference CallFebruary 27, 2015 10:00 AM ETExecutivesCindy Cook Accounting ManagerKirk Meche President, Chief Executive Officer and DirectorJeff Favret Chief Financial OfficerTodd Ladd Chief Operating OfficerAnalystsMartin Malloy Johnson RiceDoug Dyer Heartland…

Davie Building LNG-powered Ferries

Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under construction at Davie for the Société des traversiers du Québec (STQ).The two ferries for the TadoussacBaie-Sainte-Catherine route are to built at a total cost of $125 million for year-round navigation on the Saguenay Fjord.
Ed Davey MP

BBC News - Oil and gas industry in 'bleak' 2014, finds survey

24 February 2015Last updated at 07:36 ETThe UK offshore oil and gas industry has reported its worst annual performance for four decades.Industry body Oil & Gas UK said falling oil prices and rising costs meant the sector spent and invested £5.3bn more than it earned from sales during 2014.That outflow of cash was the biggest…

StealthGas' (GASS) CEO Harry Vafias on Q4 2014 Results - Earnings Call Transcript

StealthGas Inc. (NASDAQ:GASS)Q4 2014 Earnings Conference CallFebruary 26, 2015 11:00 AM ETExecutivesHarry Vafias - President, Chief Executive Officer and Interim Chief Financial OfficerMichael Gordon Jolliffe - Independent Chairman of the BoardAnalystsNatasha Boyden - MLV & CoJeff Gagan - Milwaukee Private Wealth ManagementJosh…

Michie named new Oil and Gas chief

Oil & Gas UK has today appointed Deirdre Michie as the trade associations new chief executive.Michie will take up the role on 1 May, replacing current chief executive Malcolm Webb who will formally retires on 31 May.The new chief executive has almost 30 years experience in senior UK and global upstream and downstream management…

Gulf Craft to Globally Launch Latest Superyacht at Dubai International Boat Show

, is gearing up to make a number of breakthrough announcements at this year's Dubai International Boat Show, with an impressive display of its latest superyachts, sport cruisers and leisure craft. will globally launch its latest superyacht, the Majesty 122, at the Dubai International Boat Show (DIBS), which runs from 3-7 March 2015. leading the yacht-building industry both regionally and globally.

IGG and Boomerager boats to align strengths

Abu Dhabi, UAE (February 25, 2015) IGG and Boomeranger Boats Oy have in principle agreed to the acquisition of Boomeranger Boats by IGG for the future supply of special operations RHIBs specifically designed for demanding conditions of the UAE and Regional Armed and Security Forces. The agreement between the parties addresses…

Suffolk Construction ditches South Boston move, will expand in Roxbury instead - Business

The South Boston Waterfront may be the hottest spot on Boston’s commercial real estate scene right now, with employers racing down Seaport Boulevard in the hunt for shiny new office space. But John Fish has decided to buck the trend: He’s not heading to the Seaport, after all.Suffolk Construction’s chief executive has shelved plans…

Union budget: Govt considering Rs10,000 crore shipbuilding fund

Bengaluru: Finance minister Arun Jaitley is expected to announce a shipbuilding development fund of as much as Rs.10,000 crore in Union Budget 2015, which will be used to disburse low-cost funds to shipbuilders and give a boost to the sector as part of the larger “Make in India” initiative of Prime Minister Narendra Modi.

Iridium's (IRDM) CEO Matt Desch on Q4 2014 Results - Earnings Call Transcript

Iridium Communications Inc. (NASDAQ:IRDM)Q4 2014 Results Earnings Conference CallFebruary 26, 2015 8:30 AM ETExecutivesSteve Kunszabo - Executive Director, Investor RelationsMatt Desch - Chief Executive OfficerThomas Fitzpatrick - Chief Financial Officer, Chief Administrative OfficerAnalystsJames Breen - William BlairAndrew…

World's largest container ship docks in London

One of the largest container vessels in the world pulled into the London Gateway port this morning (Thursday). The 400m long ship is the largest to have ever navigated the Thames and weighs 200,000 tonnes and is the size of four football pitches, the Evening Standard reports. The Munkebo Maersk left Harwich, Essex early this morning and pulled into London just after 7am.
Nigel Jenkins

Great Yarmouth can be hub for Southern North Sea decommissioning - Business

The forecast £40bn programme to decommission North Sea wells and platforms can bring significant jobs and investment opportunities to the Great Yarmouth area for a generation, it has been claimed.Nigel Jenkins, chief executive of Decom North Sea, the UK decommissioning industrys representative body, delivered his upbeat…

FRNT - Fourth Quarter and Full Year 2014 Results

Highlights Frontline 2012 reports net income attributable to Frontline 2012 of $23.4 million and earnings per share of $0.10 for the fourth quarter of 2014, excluding goodwill impairment loss of $149.5 million. Frontline 2012 reports net income attributable to Frontline 2012 of $234.0 million and earnings per share of $0.95 for the year ended December 31…
Whitman Shooting Lingers Over Campus Carry Debate

Whitman Shooting Lingers Over Campus Carry Debate

By Andrew Roush in Promote & Protect on February 22, 2015 at 10:51 am | At 11:48 a.m. on August 1, 1966, 25 year-old University of Texas engineering student Charles Whitman invented the mass, public shooting. A former Marine, well-trained and intelligent, Whitman perched on the observation deck of the UT Tower like a hunter in a deer blind, sniping at will.

Jee Ltd works with Decom North Sea and Zero Waste Scotland on concrete subsea mattress recovery

Decom North Sea (DNS) has announced a partnership with Zero Waste Scotland (ZWS) and subsea engineering and training firm, Jee Ltd, which will investigate efficient solutions for the recovery of concrete subsea mattresses and re-use, thereby contributing to the circular economy.DNS the representative body for the decommissioning industry…

Grand Bahama Shipyard chosen by Crowley for 23-vessel dry dock, maintenance and upgrade agreement

FREEPORT, Bahamas One of the largest exclusive ship repair fleet agreements in Caribbean history, worth over $10 million dollars, has been signed between the Grand Bahama Shipyard (GBS) and Crowley which will extend through 2017.GBS, the ship repair and refurbishment yard in Freeport has signed a ship repair fleet agreement…

Britain signs 859 mln stg ship design contract with BAE Systems | Reuters

with 13 new Type 26 complex warships since 2010. early 2020s.

Oceaneering makes leadership changes |

Marissa Hall | Shale Plays Media Oceaneering International has a new president and chief operating officer. The companys Board of Directors announced yesterday that it has appointed Roderick A. Larson to the positions.Larson spent over 20 years with Baker Hughes but moved to Oceaneering in May 2012. Since then, he has served as senior vice president and chief operating officer…

Teekay Offshore Partners Reports Fourth Quarter and Annual 2014 Results

Teekay Offshore Partners L.P. of 2014. unit. Corporation to be upgraded for the project. its charter contract. and anchor handling vessels for approximately $220 million. Brazil, through the Partnership's 50/50 joint venture with Odebrecht. -- Liquidity of approximately $352 million as at December 31, 2014. L.P. the Partnership's results for the quarter ended December 31, 2014.