In the United States, marine transportation is responsible for $361 billion, or 1.7% of the U.S. Gross Domestic Product (GDP). Marine transportation, a key part of global logistics and responsible for 40% of international trade, goods and services, is the backbone of U.S. trade. In the U.S. in 2021 alone, ships have transported more than 1.5 billion tons of cargo valued at more than $1.
Colonna's Shipyard said Wednesday that its President & CEO, Tom Godfrey, would retire effective December 31, 2023. Randall Crutchfield has been named to replace Godfrey as the company’s Chief Executive Officer (CEO). Crutchfield is currently Executive Vice President & Chief Operating Officer (COO).
Jonathan (Jon) Henkin has been promoted to the role of Chief Operating Officer for Mack Boring & Parts Co. Most recently Henkin was Director of Operations since 2010, and has led the integration of lean manufacturing principles into our operations, implemented his second ERP upgrade in 2020, planned and led a facility move from Union, NJ to Somerset
Tidewater has appointed Dick H. Fagerstal non-executive Chairman of the Board.In addition, the Board has reduced the size of the Board from nine to eight members.Fagerstal stated, “I am honored to assume the role of Chairman of the Board of Tidewater at such an exciting time for our industry.
While people in all generations measured themselves against eternal factors—fellow employees, family, their industry, etc.—Generation Z is fixated on measuring themselves against the world as seen through social media. Coaching them will help them begin to turn inward and measure success against their own goals. One of the keys to retaining your Gen Z workers will be in positively coaching them.
Armach Robotics announced it has promoted its operations VP John Dunn to chief operating officer.Armach, which uses small autonomous robots to keep ships clean and collect hull data that can inform future maintenance and operations, hired Dunn when the company was launched in late 2021, as a spin-off company by marine software company Greensea Systems.
Marine salvage, rescue, emergency response and specialized services company Resolve Marine announced that Deputy CEO Joseph Farrell, III has been appointed Chief Operating Officer. In the combined role he oversees all operations and administration including emergency response, projects, Alaska, shared resources, HSEQ, strategy and M&A, finance, government relations, human resources, marketing
Palo Alto, Calif. based AI shipping optimization company Bearing announced it has appointed Jim Daly as chief operating officer.“We’re excited to have Jim on board as we steer the maritime shipping industry toward more sustainable operations with our AI-driven solutions,” said Dylan Keil, CEO and co-founder of Bearing.