People And Company News

Marcura has acquired the business assets of Fairway Maritime LLC, a US-based provider in demurrage and marine claims management. The acquisition follows those of HubSE and Shipdem, making Marcura Claims the industry’s largest laytime processor by volume. Marcura Claims spans self-serve laytime tools, AI-assisted claims processing and fully managed services across every major cargo segment.Fairway will be fully integrated into Marcura Claims. The existing team of analysts will…

UK P&I Club and TT Club have announced their joint offer to acquire Thomas Miller Holdings has received shareholder support, with acceptances in excess of 89%.The acquisition offer was made to shareholders on June 18, 2026 by TMH Bidco, a special-purpose vehicle jointly established by UK P&I Club and TT Club to facilitate the deal. The acquisition is expected to be complete in the fourth quarter of 2026, subject to the receipt of requisite regulatory approvals, which are currently in progress.

Stolt-Nielsen Limited reported unaudited results for the second quarter ending May 31, 2026. The company reported a second-quarter net profit of $51.7 million with revenue of $750.3 million, compared with a net profit of $75.2 million with revenue of $712.9 million in the second quarter of 2025. The net profit for the first half of 2026 was $99.2 million with revenue of $1,467.1 million, compared with a net profit of $226.6 million with revenue of $1,388.5 million in the first half of 2025…

As part of its repositioning in the United States under the Xcelerate29 strategy, HDI Global (HDI) has appointed Bevan Greibesland as Chief Underwriting Officer, Specialty Lines, and Bruce Griffin as Chief Underwriting Officer, Long Tail Lines. The appointments follow the recently announced leadership and organizational changes at HDI Global US. As HDI Global continues to grow its US business, both executives will play roles in further expanding underwriting capabilities and delivering solutions to brokers and clients.Bevan Greibesland…

cruisePAL announced a restructuring of its senior leadership team. Effective immediately, Sankar Ragavan transitions from President & CEO to serve as President of cruisePAL, focusing on group-level strategy, investor relations, and the long-term vision of the platform. Jimmy Lopez, Chief Executive Officer (CEO), will take full ownership of cruisePAL's executive leadership and day-to-day business direction. Chris Daly, Chief Technology Officer (CTO), will oversee the company's…

NorthStandard has appointed Jonathan Oak as Senior War Underwriter.Oak joins from the UK War Risks Club and brings experience in war risks underwriting, including advising shipowners operating in complex and rapidly evolving threat environments. He will report to James Sutton, Head of Hull & War at NorthStandard.NorthStandard’s Hull & War team combines technical underwriting with rapid decision-making and practical support for Members operating in higher-risk regions. Its ability…

Cobham Ultra, a portfolio company of Advent, a leading global private equity investor, announced that it has agreed to sell Ultra Maritime, a worldwide leader in next-generation undersea warfare solutions, to Lockheed Martin, for $3.45 billion.Since acquiring Ultra Maritime in 2022, Advent has partnered closely with the management team to transform the business into a unified, mission-focused enterprise dedicated to advancing undersea warfare solutions. By integrating previously widespread capabilities…

IACS announced that, with effect from July 1, Mr Alex Gregg-Smith, President Marine & Offshore at Bureau Veritas, has assumed his duties as Chair of the IACS Council having been unanimously elected in December 2025.In preparation, Alex Chaired the 93rd meeting of the IACS Council (C93) which took place in Busan on 17/18 June where he set out his vision for his term in office. In his opening speech, Alex highlighted that increasing geo-political upheaval and irregular operating conditions…

As part of its strategic repositioning in the United States under the Xcelerate29 strategy, HDI Global (HDI) has appointed Justin Gress as Chief Operating Officer (COO) of its US business. The appointment complements the recently announced new leadership and organizational setup, designed to strengthen client centricity and bring underwriting, claims and service teams closer to brokers and clients.Justin Gress is a senior insurance executive with over two decades of progressive leadership across operations, technology, and business transformation.

Rocket Lab Corporation, a global leader in launch and space systems and Iridium Communications Inc., a provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, announced they have entered into a definitive agreement under which Rocket Lab will acquire Iridium. Rocket Lab will acquire all the outstanding shares of Iridium common stock for $54 per share in a cash and stock transaction. This represents an enterprise value for Iridium of approximately…

In a year marked by geopolitical uncertainty, shifting trade patterns, and a more volatile market, the Danish tanker shipping company Uni-Tankers delivers a solid result for the financial year 2025/26 while adding new business in several key areas.Despite a challenging year, Uni-Tankers reports a revenue of $427.8 million and a net profit of $23.4 million.Uni-Tankers’ commercial discipline has led to several strategic contracts over the past year. The tanker shipping company has also achieved its highest-ever level of contract coverage…

As part of its new group strategy Xcelerate29, HDI Global (HDI) announced a new organizational setup and leadership changes in its US business.In line with the Xcelerate29 strategy, HDI Global is pursuing growth in the US market. To meet the requirements of the coming years, HDI is reorganizing its US operations with the clear objective of bringing underwriting, claims, and service teams closer to brokers and clients. Shadi Albert will assume the role of CEO of HDI Global US as of July 13. Jim Clark, CEO of HDI Global US, will step down, effective immediately. Also with immediate effect, Dr.

The Board of the International Chamber of Shipping (ICS) has unanimously elected John Denholm CBE as Chairman of the Board.The decision was made by the ICS Board of Directors at the organization's Annual General Meeting, held at Palazzo Valentini in Rome, Italy.John Denholm succeeds Emanuele Grimaldi, President and Managing Director of Grimaldi Euromed SpA, who has served as Chairman since June 2022.A qualified chartered accountant, John Denholm joined the family-owned shipping business J. & J. Denholm, becoming Chief Executive in 1993. He currently serves as Executive Chairman of J. & J.

OCIMF announced the appointment of Don Davis as its new Managing Director. Don joins the organisation at a pivotal moment, as OCIMF enters a new phase following the recent evolution of its mission and brand to support maritime safety across the wider energy sector.Don will join OCIMF on secondment from Chevron and assume the role on July 1, 2026. He succeeds Karen Davis, who will remain with the organization until the end of June to support a smooth leadership transition.The appointment comes at a milestone in OCIMF’s evolution.

The American Maritime Congress (AMC) announced the appointment of Elizabeth O'Connor as its new Executive Director, following a nationwide search. O'Connor succeeds Fair Kim, who has successfully led the AMC since 2021.Most recently, O'Connor served as Chief Counsel at the Maritime Administration (MARAD), where she supported agency leadership in promoting and developing the U.S. Merchant Marine and the domestic maritime industry. She officially assumed her role as AMC Executive Director on June 15, 2026.

Bureau Veritas Marine & Offshore (BV) has announced the appointment of Dr. Jeffrey Guo as Senior Vice President, Asia Pacific, and Maciej Lepicki as Vice President, Greater China, effective June 1, 2026.As Senior Vice President for Asia Pacific, Jeffrey succeeds Alex Gregg-Smith, who was appointed President of BV Marine & Offshore in January 2026. He will oversee the strategic development and operational management of BV's maritime business across the region, with responsibility for market growth…

SeaRenergy Offshore Holding GmbH, a service provider for the offshore wind industry, is restructuring its management team to align its leadership organization with the company’s next phase of growth.After 24 years of service to the Rickmers family and having played a defining role in SeaRenergy since its founding in 2010, Jan Boje Steffens will retire on June 30, 2026. As one of the key architects behind the establishment of SeaRenergy, he has shaped the company from its inception and helped build it into what it is today.Going forward…

BOURBON announced the appointment of Olivier Blaringhem as Chief Executive Officer, effective September 14, 2026. He is succeeding Gaël Bodénès, who has held this position since 2017.Olivier Blaringhem has more than 25 years of international experience in maritime services, engineering, and major offshore projects. He has spent most of his career at Subsea7, where he held several executive positions in Northern Europe, Africa, Asia, and the Middle East. Since January 2020, he has served as Executive Vice President of Subsea and Conventional at Subsea7.

Global investment firm Carlyle announced that it has agreed to sell Flender, a global market leader in mechanical drive technology, to Triton Fund 6 advised by Triton Partners. Terms of the transaction were not disclosed. The transaction is subject to customary regulatory approvals and is expected to close in Q4 2026.Headquartered in Bocholt, Germany, and with over 125 years of engineering heritage, Flender is a supplier of gearboxes, couplings and generators for a broad range of industrial and wind power applications.

Windward, thealeader in mission-grade Maritime AI, announced the appointment of Robert (Bob) Sharp, retired U.S. Navy Vice Admiral, as Chief Maritime Intelligence Officer (CMIO). Sharp brings decades of experience at the highest levels of the U.S. defense and intelligence establishment, and will work directly with Ami Daniel, CEO and Co-Founder, to shape Windward's intelligence strategy and deepen its engagement with defense, government, commercial and national security customers worldwide.Sharp's career spans 34 years as a career Naval Intelligence Officer…

Le Groupe ALMACO is strengthening its local operations across Québec through increased hiring and expanded contracting of regional suppliers and subcontractors. The initiative supports upcoming accommodation and cabin work for vessels under construction at Chantier Davie Canada Inc. in Lévis.This was demonstrated through the completion of the mockup cabin project in March 2026, a prototype initiative aimed at validating cabin design, layout, materials, and technical solutions for the Polar Max program.As part of this mockup cabin project…

Schottel is expanding its international network with the establishment of a new subsidiary in India. With Schottel India Sales and Service Private Limited, the German propulsion company is further strengthening its presence in a rapidly developing maritime market and creating the basis to deepen collaboration with local customers and partners. Based in Pune, the new subsidiary will focus on newbuild and retrofit sales as well as after-sales service, enabling Schottelto provide responsive…

Gulf of America Logistics (GoAL), the 100% Louisiana-owned capital projects specialist, has announced the appointment of Jake Minner as Vice President of Operations - Specialized Transport and Trucking, and the opening of a new Baton Rouge office, bringing its statewide network to four locations.Minner brings 17 years of heavy-haul experience from a major industrial carrier, with expertise in Louisiana's energy and petrochemical corridor. He will lead GoAL’s asset-based heavy…