People Company News

Cavotec has appointed Erik Lyrvall, Head of Strategy and M&A, as a member of Cavotec’s Group Management. Erik joined Cavotec in autumn 2024 when he took up the position of Head of Strategy.In his role, Erik is responsible for driving the group’s strategic direction, leading M&A activities, evaluating partnerships and go-to-market strategies, and recommend initiatives to enhance operational efficiency and profitability.Before joining Cavotec, Erik served as Head of the Transformation Office at Intrum 2021–2024, where he led the group’s strategy execution and major strategic projects.

Crowley announced that Jen Leonard has been appointed chief people officer, effective January 1, 2026, leading its enterprise-wide activities to sustain an elite culture and high performance at the maritime, logistics and energy solutions company.As vice president of Crowley’s Talent and Culture group since 2023, Leonard has been instrumental in advancing the company’s human capital strategy and programs. These include talent strategies for employee performance, experience and…

The GTT Group announced the appointment of François Michel as Chief Executive Officer, effective January 5, 2026, thereby restoring a dissociated governance structure.This decision was taken unanimously by the Board of Directors of the Group at its meeting held on December 13, 2025.Following a demanding selection process, the Board of Directors selected François Michel for his managerial experience, his strong command of the technological challenges specific to GTT and its industry…

Sabine Surveyors, Ltd. has announced organizational changes aimed at strengthening its position in the marine services industry. Effective December 1, 2025, our parent company has transitioned from Gulf Copper & Manufacturing Corp. to Sabine Marine Group.In addition, Gulf Copper Government Services has officially become Sabine Ship Repair, Inc., aligning our operations under a unified brand that reflects our core values and strategic vision.As part of this transition, we are proud…

Crowley announced that Chief Operating Officer Ray Fitzgerald will be succeeded by Megan Davidson, effective Jan. 1, 2026. The planned succession is designed to seamlessly advance operational excellence and the company's growth trajectory.Fitzgerald has served as COO for more than five years, driving the evolution of Crowley's operational structure and advancing innovation and customer-focused solutions. These efforts have positioned the company for growth in energy, maritime, and inland transportation sectors.

ABS Chairman and Chief Executive Christopher J. Wiernicki was named International Personality of the Year at the Lloyds List Greek Shipping Awards, the second time he has received the honor.The accolade followed ABS being named Number One Classification Society by Gross Tonnage in the annual Lloyds List ranking of the Top 10 Class Organizations.“Over the years, I have felt a profound bond with Greece and its maritime community," said Wiernicki, who this week was also placed 72 in the Lloyds List ranking of the Top 100 People in Shipping.

HII and Babcock International Group announced they have signed a contract that expands their strategic partnership to further support Virginia-class submarine construction throughput at HII’s Newport News Shipbuilding (NNS) division. Additionally, the contract will build resiliency within HII’s submarine supply base.This is the first Virginia-class outsourced contract to Babcock in support of NNS-specific submarine work, authorizing Babcock to build complex submarine assemblies…

French state-owned utility EDF is considering selling all of its U.S. renewable energy business, its CEO said on Wednesday, as the company focuses on building up its domestic nuclear operations and U.S. support for wind and solar has been rolled back.Bernard Fontana said the company was considering selling "between 50% and 100%" of its U.S. renewable unit, revising an earlier plan to sell only a minority stake.A deal could value the equity of the unit at nearly 4 billion euros ($4.6 billion)…

Vantage Drilling International Ltd. reported a net income attributable to shareholders of approximately $67.2 million or $4.97 per diluted share for the three months ended September 30, 2025, based on the weighted average shares outstanding, as compared to a net loss attributable to shareholders of approximately $10.6 million or $0.80 per diluted share for the three months ended September 30, 2024.As of September 30, 2025, Vantage had approximately $197.4 million in cash, including $35.0 million in pre-funding for upgrading the Tungsten Explorer…

Dan-Bunkering has announced the appointment of Christian Vandvig Finnerup as Managing Director for Dan-Bunkering USA, effective November 1, 2025.Christian Vandvig Finnerup transitions to the U.S. from Singapore, where he served as Commercial Director at Dan-Bunkering APAC, leading regional growth and strengthening Dan-Bunkering’s offshore and commercial portfolios. Prior to his time in Asia, Christian Vandvig Finnerup headed Offshore Wind, Europe, where he helped shape Dan-Bunkering’s approach to partnership-driven energy solutions.Throughout his career…

France-based BIO-UV Group, a specialist in UV-, ozone-, salt-electrolysis- and AOP-based water-treatment technologies, has announced three senior appointments to support and strengthen the company’s expansion across new and existing markets.The changes include the appointment of Jean-Philippe Picard de Muller as Deputy General Manager of BIO-UV Group, the promotion of Steven Brady to Managing Director of Triogen in the United Kingdom, and the arrival of Patrice Garrigues as European Sales Director for the Group’s pool division.

The Royal Van Beest Group announced that it has acquired Enduro Softslings. Established ten years ago in The Netherlands, Enduro Softslings has secured a leading position in the lifting industry through its manufacturing capabilities, custom-made soft slings, and customer support. As part of the Royal Van Beest Group, the leader behind brands like Green Pin and Irizar Forge, Enduro Softslings will gain access to resources and expertise to further fuel its growth.The partnership…

At the Annual General Meeting of the International Group of P&I Clubs in London on November 11, 2025, Rolf Thore Roppestad was appointed as the new Chair of the International Group of P&I Clubs.Roppestad succeeds Andrew Cutler, who has served since November 2022. The Group thanked Cutler for his contributions and the positive impacts during his time as Chair. Under Cutler’s leadership the Group has faced a number of issues, from growing geopolitical concerns, wars and an expanding sanctions regime, to the merger of two of its member Clubs.

TADEK Ocean Engineering, a UK offshore engineering consultancy delivering front-end advisory, through-project delivery solutions and naval architecture analysis, announced its new look leadership team and strategic new senior appointments as the company prepares for further growth.TADEK integrates advanced hydrodynamic analysis and design with practical project execution, delivering end-to-end solutions from concept and detailed design through to offshore installation and decommissioning in open sea.

Wallem Group, a leading global maritime partner, is celebrating the centenary of moving its headquarters to Hong Kong.The celebrations will be marked by a special event on November 12, 2025 in the presence of Guest of Honour Hong Kong Finance Secretary, commemorating 100 years since the relocation—22 years after Norwegian shipbroker and agent Haakon Wallem formed Wallem & Co. in 1903.By 1925, Haakon had earned the nickname "Typhoon Wallem," reflecting his energy and business acumen and his deployment of both to support Chinese shipowners.In the 100 years since…

Ocean Network Express (ONE) has released its financial results for FY2025 2nd quarter (July 2025 to September 2025).The revenue for FY2025 2nd quarter was $4.455 billion, with net profit of $285 million."Our FY2025 2Q results underscore ONE’s resilience and stability in a challenging market. Despite the market fluctuations driven by geopolitical uncertainties, we delivered positive results and secured profitability for the first half of the fiscal year," said Jeremy Nixon, CEO of Ocean Network Express. "We maintain a cautious outlook for the full year given current market dynamics.

DOF Group ASA's revenue for 3rd quarter totals USD 501 million and EBITDA totals USD 205 million. The operating profit (EBIT) is USD 138 million. Net financial cost amounts to USD -1 million, including unrealized currency gain of USD 20 million. The result after taxes is USD 107 million. The Group’s net interest-bearing debt is USD 1,332 million. The equity is USD 1,978 million giving an equity ratio of 46%.Key Highlights in the 3rd quarter:The Group delivered EBITDA of USD 205 million…

Accelleron North America has welcomed Dave Otto as Territory Sales Manager. Dave will lead service sales activities across the eastern United States and the Caribbean, in the power production, cruise, shipping, and gas compression markets, to strengthen customer relationships and support their operational needs.Dave brings more than 30 years of industrial sales experience to Accelleron. For the past 10 years, he worked for Toromont CAT as a territory sales representative managing a portfolio of more than 400 engines.

Seadrill Limited announced its third quarter 2025 results.Quarterly Highlights:Secured contract awards across five rigs, adding over $300 million to Order Backlog.West Gemini, Sonangol Libongos and Sonangol Quenguela secured an estimated 1,000 days of incremental work in Angola, extending the longevity of the Sonadrill joint venture.West Vela was awarded two contracts in the U.S. Gulf, adding over four months in firm term, securing the rig into the second half of 2026.Sevan Louisiana received an award in the U.S.

Enbridge missed third-quarter profit estimates on Friday, pressured by higher financing costs from capital investments including U.S. gas utility acquisitions, sending its shares down nearly 2% in premarket trading.The Calgary-based pipeline operator had bought three Dominion Energy utilities last year — East Ohio Gas, Questar Gas and Public Service Co of North Carolina — in a $14 billion deal, including debt.It reported adjusted core profit of C$2.31 billion ($1.65 billion) from its liquid pipelines unit…

Stolt-Nielsen Limited announced that Jens F. Grüner-Hegge, the Company’s Chief Financial Officer (CFO), has decided to retire from his executive position in the second half of 2026. Alex Ng, current Vice President, Corporate Development & Strategy, has been appointed by the Board of Stolt-Nielsen Limited (the Board) as CFO Designate, and will take over the role of CFO as of August 1, 2026. Mr Grüner-Hegge will remain with the Company until November 30, 2026, to support the transition.The…

Svitzer Group A/S, global towage and marine solutions provider, has acquired a 66.6% stake in Norwegian towage and marine service company, Buksér og Berging AS, subject to final regulatory approvals. Svitzer’s investment represents a partnership opportunity for both companies, with a view to leverage extensive shared knowledge and experience of the global towage, offshore, adjacent maritime service and marine solution markets.There is no integration activities related to the transaction…

Damen has announced the acquisition of Southampton-based I.M.E Group Ltd. The acquisition follows close collaboration between the two parties since the opening of Damen Services’ UK Service Hub in 2021. This investment in the UK industry expands the range of services available to clients throughout the UK in their day-to-day operations. With this step, Damen’s UK customers are assured of access to on-site support, mechanical and electrical engineering, docking services, parts supply…