Obituary: Leopoldo Pirelli, Honorary President of Pirelli Spa, Dies at 81

first_imgROME, GA – Leopoldo Pirelli, former president of his family’s business, died yesterday afternoon at his home in Portofino, Italy. He was 81. AdvertisementClick Here to Read MoreAdvertisement Born in 1925 in Velate Varesino (Varese), Pirelli graduated in mechanical engineering from the Politecnico di Milano when he was 25 and immediately entered the business founded in 1872 by his grandfather Giovanni Battista Pirelli. Leopoldo became president of Pirelli SpA in 1965, leading the company through some of its most successful years as the Pirelli Cinturato became a world-wide icon within the industry. Leopoldo Pirelli is survived by his son Alberto and daughter Cecilia.,Lubrication Specialties Inc. (LSI), manufacturer of Hot Shot’s Secret brand of performance additives and oils, recently announced the expansion of senior leadership. Steve deMoulpied joins LSI as the company’s chief operating officer (COO). AdvertisementClick Here to Read MoreAdvertisement LSI President Brett Tennar says, “Steve’s success in developing operational strategies that improves the bottom line, builds teamwork, reduces waste and ensures quality product development and distribution checks many of the boxes of what we were looking for in a COO. This, coupled with his career in the Air Force working with highly technical systems and his in-depth understanding of Lean Six Sigma and Business Process Management sealed our offer. As our tagline states, our products are Powered by Science. This data driven approach is one reason why our company has grown exponentially as we employ the most advanced technology to product development. I am confident that Steve is the right person to drive operational strategy for our diverse and growing brands.” Advertisement DeMoulpied comes to LSI from the Private Client Services practice of Ernst & Young where he managed strategy & operations improvement engagements for privately held client businesses. Some of his prior roles include VP of strategic development, director of strategic initiatives, and Lean Six Sigma Master Black Belt at OptumHealth, UnitedHealth Group’s health services business, as well as Lean Six Sigma Black Belt at General Electric, where he applied operations improvement principles to customer service, supply chain and product development. A successful entrepreneur, deMoulpied is also the founder of PrestoFresh, a Cleveland-based e-commerce food/grocery business.  With more than 20 years of experience across multiple industries and functional areas, deMoulpied has particular expertise in organizations with complex technical products. Combined, his prior positions have required a spectrum of skills in corporate strategy, operations improvement, product quality, and revenue cycle management. He has an impressive history of utilizing data driven problem solving (Lean Six Sigma) and project management (PMP and CSM) to achieve strategic goals surrounding customer satisfaction, operational efficiency and improved profit.  DeMoulpied has a Bachelor of Science degree in Engineering Management from the United States Air Force Academy and a Master of Business Administration degree from the University of Dayton in Marketing and International Business. He served six years with the USAF overseeing the development of technology used on fighter aircraft and the E-3 Surveillance aircraft, finishing his career honorably as Captain.last_img read more

Gurus’ recession survival tactics

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

Guild Hall Visionaries Luncheon Held In NYC

first_imgIndependent/Jessica Mackin-CiproOn Thursday, November 15, I became a lady who lunches as I headed to Tom Colicchio’s culinary destination, Riverpark NYC, for the Guild Hall Visionaries Luncheon. The panel included creative visionaries Zoë Buckman, Jayma Cardoso, and Marcela Sapone. The event featured compelling stories from these three artistic innovators who are at the forefront of ideas in art, lifestyle, business, and design. Guild Hall’s Executive Director Andrea Grover moderated the panel.The event started with champagne while guests shopped Guild Hall merch and Joan Hornig jewelry. All of the proceeds went to Guild Hall. Once seated, lunch included a wonderful roasted chicken with squash, roasted mushrooms, cranberry gastrique, and wheat berries, and for dessert, a pear-cranberry tart with vanilla Chantilly, salted caramel, and chocolate sauce. Each of the panelists went through a brief slide show to discuss the work they do.Sapone is the co-founder and CEO of Hello Alfred. Through Alfred — a digital in-home concierge service that helps you manage daily tasks like dry cleaning, grocery shopping, and cleaning — she has worked to redefine urban living. “What I do is very women-centric,” said Sapone during her slide show.Cardoso is the owner of the Surf Lodge in Montauk. She has also been a partner in New York City venues like Cain, Gold Bar, and Lavo. Cardoso, a native of Brazil, came to New York 23 years ago to study at Rutgers University in New Jersey. She has worked her way up the nightclub chain to become the successful club owner she is today.“Part of what we do at Surf Lodge involves wellness, music, art,” said Cardoso. “I have an amazing team that convinces really amazing people to be a part of what we believe,” she said of the many musicians and artists who have participated in Surf Lodge’s programming. “Part of what we do is discover emerging artists.”Buckman is a multi-disciplinary artist working in sculpture, installation, and photography. She explores the themes of feminism, mortality, and equality. Her work has been shown across the globe and she has had solo exhibits including “Heavy Rag” at Albertz Benda in New York and “Let Her Rave” at Gavlak Gallery in Los Angeles. In February, Buckman unveiled her first public sculpture presented by Art Production Fund on Sunset Boulevard at The Standard in Los Angeles. The large-scale outdoor version of her neon sculpture Champ will rotate on the strip for a year. Buckman described how she puts captivating phrases on tea napkins to promote female Sharelast_img read more

Gate LNG terminal inks financing deal for break bulk facility

first_imgDutch Gate LNG terminal has signed a financing agreement with the European Investment Bank and four other banks that already participate in the syndicate of ten international banks which currently provide long term financing to the terminal.This additional financing agreement supports the funding of the expansion of the LNG break bulk infrastructure and services at the Gate terminal in the Port of Rotterdam.The investment in this break bulk infrastructure, first announced on 3 July 2014, is expected to boost the use of LNG as a cleaner alternative transportation fuel in the Netherlands and Northwest Europe. The new infrastructure will be located next to Gate terminal. Since 2011 the terminal enables overseas LNG import into Europe which enhances gas supply diversification and increases the security of supply.The new financial agreement is an addition of Euro 76 mln to the existing long term debt financing program of Gate terminal of EUR 750 million, as originally established in 2008. The ceremonial signing of the financing agreement took place yesterday in Rotterdam in presence of Pim van Ballekom (EIB Vice President for the Netherlands), René Oudejans (Member of the Executive Board and CFO Gasunie), Jack de Kreij (Vice Chairman of the Executive Board and CFO Royal Vopak), Dick Meurs (Managing Director Gate terminal) and Paul Smits (CFO Port of Rotterdam).The construction of the new break bulk infrastructure is scheduled to start later this year. Commissioning of the facility and commencement of the first services are scheduled for the first half year of 2016. Gate terminal will be expanded with an additional harbor basin, financed by the Port of Rotterdam, that enables LNG distribution for small scale use with a maximum capacity of 280 berthing slots per year. As the launching customer, Shell plays a key role in enabling the project.In January 2014, Gate terminal has successfully launched a loading station for trucks and containers, with a total capacity of 5,000 trucks per year. The new break bulk facility will continue the further development of the terminal into a hub, from where LNG can be re-exported to other parts of Europe and around the world.René Oudejans and Jack de Kreij jointly commented: “We are proud that the European Investment Bank and a strong international group of reputable banks expanded their long term financing to Gate terminal. With this funding we can, in a disciplined way, step by step further develop Gate terminal. This new break bulk infrastructure will facilitate the usage of LNG as a low emission fuel all over Europe.Pim van Ballekom said: “Gate terminal is essential for the security of energy supply in Europe. The expanded facility will not only benefit Rotterdam, but also enhance the supply capacity of an important alternative fuel for transportation and industry in Europe. The European Investment Bank is pleased to build on previous support for both Gate Terminal and Maasvlakte and is committed to working with other banks to address Europe’s energy needs.” The expansion of the financing facility will have a maturity in line with the existing financing which expires at the end of 2029. The European Investment Bank will finance EUR 38 million and the syndicate of four banks a maximum of EUR 38 million supported by an additional guarantee facility. The project is key to facilitate LNG storage and to secure LNG supply in Northwest European ports, such as Gothenburg. The maritime connection between Rotterdam and these ports is regarded as a part of the EU ‘motorways of the sea’ concept and has therefore been selected for co-financing under the European Union’s TEN-T program.[mappress mapid=”15757″]Press Release, October 31, 2014; Image: Gatelast_img read more

Nam Cheong Hit with Offshore Vessel Cancellation

first_imgMalaysia-based offshore marine company Nam Cheong Limited has received a notice of termination for the sale of one accommodation work barge from Petra Offshore Ltd (POL), a subsidiary of Bursa-listed Perdana Petroleum Berhad.“The group’s position is that the purported notice of termination/cancellation is not valid and is tantamount to a repudiation of the contract by POL, pursuant to which the group is entitled to compensation from POL,” Nam Cheong said.The company added that it plans to “fully enforce its rights against POL and, if necessary, seek legal redress”.Nam Cheong also said that the contract termination is expected to affect the company’s earnings in 2016, however, it is not sure to which extent as it will depend “on the outcome of the company’s legal remedies against POL”.Nam Cheong and POL signed the contract for the sale of two accommodation work barges, valued at USD 84 million, in June 2014.The 123-meter-long vessels were under construction at Chinese yards and were scheduled for delivery during 2016.The contract also included an option for two additional vessels.last_img read more

SDV Horoz on the double

first_imgThis project required special handling at the destination, including the use of a floating crane with a 600 tonne lift capacity to assist in the pier-to-pier transhipment. The transformer was then loaded onto a 15-axle hydraulic trailer and offloaded onto its foundations at the final delivery site.The company has also managed the shipment of a 300 tonne engine, pictured below, from Trieste, Italy to Samsun, Turkey. The transformer was 14.52 m in length, 4.1 m wide x 6.45 m high. This project also included the transport of a 72 tonne alternator from Mantyluoto, Finland, and saw SDV Horoz handle offloading and installation onto the foundations.last_img read more

Liebherr Maritime on track for record year

first_img“Liebherr managed to achieve a significant rise in deliveries of mobile harbour cranes, despite the fact that the world economy grows only moderately. This year, we expect our market share to be in the range of 70 percent, underlining our market-leading position,” said Matthias Mungenast, sales director for Liebherr mobile harbour cranes.Liebherr entered the mobile harbour crane market in 1974 and after 20 years of moderate but constant business, Liebherr delivered its 100th unit during 1994. The same year marks a significant turnaround, with annual deliveries being double-digit for the first time. In 2012, Liebherr achieved a major milestone, delivering the 1000th mobile harbour crane to Montoir Bulk Terminal in France. Today, Liebherr has supplied more than 1200 units to nearly 100 countries all over the world.  www.liebherr.comlast_img read more

AAL opens Japanese division

first_imgAAL Japan will focus on providing quality services to key Japanese industries, paying particular focus to the engineering, procurement and construction (EPC) sector. AAL Japan will provide a wide range of transportation and logistics services including sea, land and air transportation, related agency services, financing, temporary staffing and logistics consultancy.The AAL Japan division will be headed by Wolfgang Harms as managing director, in conjunction with his current roles as chief representative for greater China and deputy managing director of Austral Asia Line.   “Japan saw a steady resurgence in its export market towards the end of 2014 – supported by demand from the US and China – an encouraging sign, considering the volatile global market,” said Harms. “To maintain their competitive edge, our local shipping customers aim to maximise their operational efficiencies, as well as health and safety and sustainability standards.  At AAL, we have built a trusted reputation for providing flexible transportation solutions that meet these demands.”Kyriacos Panayides, managing director of Austral Asia Line, added: “We will continue to invest in the expansion of our operations and the development of our fleet and trading routes to all continents, to create a truly global reach for our customers.  Launching AAL Japan is a good example of this.”Wolfgang Harms (right), managing director, AAL Japan.www.australasialine.comlast_img read more

Italy’s Navemar hits the buffers

first_imgThe company based in Monte di Procida (Naples) and owner of two general cargo ships frequently used for project cargo shipments was declared bankrupt and liquidation proceedings have commenced. Navemar was formally founded in 2003 following the subdivision of some small shipping companies. At the helm of the company there was the long standing owner Tommaso Scotto Lavina, which also offered technical and commercial ship management services.   In 2004 the company purchased two general cargo vessels of 6,000 dwt capacity (named Artne and Traden) and a few years later added other tonnage to its fleet (modern multipurpose – tweendecker ships) thus entering into the project cargo and breakbulk market. In 2007 Navemar, together with other companies part of the newly formed Canadry group, ordered in China two 8,050 dwt ships deployed mainly in the Mediterranean area and sold in 2012 to Ve-Na di Navigazione.   As of today the two 8,150 dwt general cargo ships remaining in Navemar’s fleet (Lady Gloria and Lady Gaia) are currently laid up in Venice and in Naples and are due to be sold at auction by the Court.  www.navemar.itlast_img read more

OHT confirms semi-submersible order

first_imgDespite denying earlier reports, OHT has announced that the contract includes options to extend the programme with up to three vessels. The first vessel will be ready for project deployment from early 2021, says OHT.The design has been developed by OHT in close cooperation with Ulstein Design & Solutions, Liebherr and DNV GL.The new additions to the existing fleet of five semi-submersible heavy transportation vessels will enable the company to take on full transport and installation (T&I) scope for foundations for offshore wind farms.“We have one overriding goal with this initiative; to bring down the cost of building offshore wind farms,” said Torgeir E. Ramstad, ceo for OHT.Ramstad added that the new patent-pending Ulstein Alfa Lift installation vessel design, should set a new benchmark in the efficient transport of offshore wind farm foundations over long distances.The Alfa Lift design includes a 3,000-tonne capacity crane and the ability to submerge offshore. Liebherr will deliver the crane which has, according to OHT, been designed to be particularly robust with respect to motions and dynamics. This enables the crane to lift loads up to its maximum capacity in challenging offshore conditions.The vessel has a total length of 216.3 m and a breadth of 56 m, while the total usable deck area exceeds 10,000 sq m.Up to ten 1,500-tonne jacket foundations, or eleven 2,000-tonne monopolies, can be loaded on to the decks, transported and installed using the same vessel, says OHT.The vessel’s main deck will also be fully mechanised with skidding tracks, which are used to move foundations during load-out and installation.Designed with battery hybrid propulsion, the vessel will feature an exhaust gas scrubber and will be Tier III compliant.OHT adds that the versatile design of the vessel means it may also serve other secondary markets within heavy transportation. For instance, the beam has been designed to be able to carry topside structures weighing more than 30,000 tonnes.www.oht.nowww.ulstein.comlast_img read more

Recent Posts