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Australian shipbuilding group Austal announced its Chief Operating Officer Patrick Gregg will take over as Chief Executive Officer effective January 1, 2021, following a six-month transition from current Managing Director and CEO David Singleton.Gregg was appointed as COO 3.5 years ago with a view to him being a natural successor for the CEO role in the future, said John Rothwell, Chairman of Austal Limited. Since Gregg's appointment Austal has set up operations in Vietnam, expanded its operations in the Philippines and won a new Cape class contract with the Australian Government.
Singapore’s first LNG bunkering vessel has hit the water in Keppel Nantong Shipyard in China. The vessel was moved from land to water on May 28, 2020.The news was shared earlier this week by the vessel-owner FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum."Construction of the 7,500m3 LNG bunkering vessel is progressing smoothly and is on schedule to be completed in 4Q2020," FueLNG said in a statement earlier this week.The LNG bunkering vessel will enable FueLNG to be the first in Singapore to provide regular ship-to-ship LNG bunkering services within the Singapore port.
Norwegian shipbuilding and technology group Havyard will appoint Erik Høyvik as CFO in Havyard Group from August 1, 2020.Havyard, which designs and builds various types of vessels, including those used in the offshore energy industry, said its current CFO Pål Aurvåg, would start in a new role in the company in August. Havyard did not provide details on this new role.As for the new CFO, he will join the company from a position as CEO in Nils Sperre AS, one of Norway's leading suppliers of pelagic fish, sea-frozen fish, salted fish, and rockfish.He has an MBA from Bergen Business School (2002) and State Authorized Accountant from BI Oslo (2006).
Classification society DNV GL and technology group ABB have signed a new Memorandum of Understanding (MOU) to accelerate digitalization in the maritime industry. The agreement was signed remotely by DNV GL – Maritime CEO Knut Ørbeck-Nilssen and ABB Marine & Ports Managing Director Juha Koskela in an online ceremony.The MOU will see ABB and DNV GL work together on a “Digitalization Roadmap”, to examine how the maritime industry can benefit from the greater availability of data, interconnectivity of systems, data analysis, and new technologies such as artificial intelligence (AI) and machine learning.
Dry bulk shipowner Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the 179,492 dwt G. P. Zafirakis, built in 2014.The gross charter rate is $13,200 per day, minus a 5% commission paid to third parties, for a period until minimum October 1, 2021 up to maximum December 31, 2021. The charter commenced on May 31, 2020.Diana said it expects the employment to generate approximately $6.34 million of gross revenue for the minimum scheduled period of the time charter.