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Costamare orders containership newbuilds at Sungdong

Costamare Inc. has concluded shipbuilding contracts and charter agreements for five newbuild containerships, new chartering agreements for other containerships and has completed financing arrangements for two previously contracted newbuild containerships. Costamare has

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Lawmakers in new effort to save Avondale

The Metal Trades Department of the AFL-CIO and Louisiana legislators are continuing efforts to keep Avondale Shipyards alive. Northrop Grumman is preparing to spin off its shipbuilding business and closing Avondale by

OSX Brasil buys Vela VLCC’s for FPSO conversion

OSX Brasil S.A., the offshore services unit of Brazilian billionaire Eike Batista’s EMX empire, continues to forge ahead with its operations. Among recent developments have been a $54 million agreement to buy

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SS United States to have casino role?

The SS United States could house a floating casino. The SS United States Conservancy is working to find a way to raise the cash to exercise the purchase option that it holds

Joe Angelo to be next Intertanko Managing Director

Mr. Angelo, who is currently Deputy Managing Director, will succeed Peter Swift when he retires on December 31, 2010.

Katharina (“Kathi”) Stanzel has been appointed Deputy MD.

Intertanko says it had an “overwhelming level of interest” in the job and some highly qualified and capable individuals were shortlisted. “We are grateful and flattered by some of the names who threw their hat into the ring,” says Graham Westgarth, Intertanko’s Chairman. “Ultimately however, we felt that Joe and Kathi working together to lead Intertanko through its change of MD was an optimal solution.”

Joe Angelo has worked for Intertanko for six years, first as Director of Regulatory Affairs and the Americas.

He is a a1971 graduate of the U.S. Merchant Marine Academy at King’s Point, N.Y.

Prior to joining Intertanko, as a member of the U.S. Senior Executive Service, he held various senior roles with the U.S. Coast Guard — lastly as Director of Standards for Marine Safety, Security And Environmental Protection, — where he led U.S. delegations at IMO.

“Joe is a well respected figure not only within Intertanko but also in the corridors of the iIMO and the international shipping community. Having initially not been available for selection we are delighted this subsequently changed and are pleased that he agreed to take up the challenge,” said Mr. Westgarth.

Kathi Stanzel joins intertanko from the International Oil Pollution Compensation Funds (IOPC). A marine biologist by profession, she has worked in senior technical advisory and claims management roles within the marine pollution sector.

“In her twelve years with ITOPF and IOPC, Kathi has attended and been responsible for handling many major ship source pollution incidents including the Erika and Prestige,” said Mr. Westgarth. “Acting as a signatory on behalf of the 1971 and 1992 Oil Pollution Compensation Funds, she advises governments on oil pollution response measures and potential impacts. She has been extensively involved in the work of the OPRC-HNS technical group and the development of IMO guidance documents for the Marine Environment Protection Committee, focusing both on oil and other hazardous and noxious substances.”