McDermott International, Inc. has appointed Chris Krummel as Executive Vice President, Chief Financial Officer, effective immediately. Mr. Krummel joined McDermott in 2016 and previously served as the company's Global Vice President, Finance and Chief Accounting Officer. He replaces Stuart Spence, who has resigned from McDermott to pursue other opportunities.
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ChartCo and Marine Press, both leaders in global digital navigation solutions, have announced their merger. The move will result in the creation of a new, world-leading company called OneOcean which will offer the largest range of navigation and compliance solutions into the maritime sector.
Greensea, creator of OPENSEA®, the universal open software architecture for the marine industry, recently added three key personnel to its team to address current and future growth and to support its core business strategies. Positions have been created to support existing needs in business development, finance, and program management.
Winners of the R&D 100 Awards have been announced by R&D World magazine one ocean-industry company was called out as a market disrupter. Judges awarded several submissions in the four Special Recognition categories, potentially giving a Gold, Silver and Bronze in each. For the Market Disrupter – Products category, Riptide MkII Micro-Unmanned Undersea Vehicle from BAE Systems, FAST Labs was recognized with the Silver award.
The US National Oceanic and Atmospheric Administration (NOAA) has reappointed Fugro USA President Edward Saade to its Hydrographic Services Review Panel (HSRP).
Phoenix International Holdings, Inc. (Phoenix) has opened a satellite office at the Stennis Space Center in Mississippi.
Well-Safe Solutions has secured a significant new tranche of investment, in excess of £66 million, to fund the next phase of its journey as a tier one well decommissioning company.
DNV GL, a risk management and quality assurance company, is strengthening its commitment to exploring new ocean opportunities by dedicating extra resources to its ocean space research program. The program works with stakeholders from business, government and academia to create best practices and standards. It also seeks a collaborative approach to sharing ocean data and developing foresight on the blue economy.