Siem Offshore promotes head of chartering to CEO role

first_imgInternational offshore vessel owner Siem Offshore has named its head of chartering as the new chief executive.Siem said on Monday that its CEO Idar Hillersøy tendered his resignation as the chief executive officer of Siem Offshore Inc. for personal reasons.Hillersøy was appointed CEO of Siem Offshore Inc. in August 2015. His offshore supply vessel management and project management experience comes from prior work for Simon Møkster Shipping, Seabrokers, Norwegian Contractors, and Stolt Offshore.Hillersøy will be replaced by Bernt Omdal, the current head of chartering. Omdal was appointed as head of chartering on July 1, 2011. Omdal has more than 20 years of experience within the maritime industry, including chartering, operations, and shipbroking.The company also named Tore Lillestø as Siem Offshore Inc.’s chief operating officer.“The board of Siem Offshore Inc. thanks Idar Hillersøy for his contribution to the company during his employment and look forward to working with Bernt Omdal and Tore Lillestø in their new positions,” said the company in the statement. ‘Market to remain challenging’  The vessel owner said in its 1Q 2017 report last week that the North Sea spot market for AHTS and PSVs remained soft during the first quarter.The company further stated: “More rigs are being re-activated in preparation for the upcoming spring and summer drilling campaigns; however, we believe there will still be an oversupply of AHTS vessels and PSVs and expect the market to remain challenging for several years. The charter rates and margins still remain below what is sustainable.”For the first quarter 2017 the company’s net loss increased to $13.3 million from $9 million in the same period of 2016.Siem’s operating revenues for 1Q 2017 were $107.4 million compared to $70.8 million in the corresponding period of 2016.Offshore Energy Today Stafflast_img read more

Corcoran: Wisconsin athletics no longer a one-trick pony

first_imgEverything is bigger in Texas, and that certainly holds true for the stakes when the Wisconsin football team travels to the Lone Star State in August to take on Louisiana State University.But even back in Madison, Wisconsin Athletics is taking a page out of the Texan playbook and going big.As a new group of athletes prepare to come to Wisconsin this fall for their respective sports, and the new class of freshmen prepare for their first year of college, all newcomers alike will enter a Division I university where athletics are often synonymous with success.However, it didn’t used to be like this. In fact, at one point in the not-so-distant past, being a Badger was hardly synonymous with success on the playing field.Wisconsin football struggled for some time after an appearance in the 1963 Rose Bowl, not returning to a bowl game until the 1980s. The Wisconsin basketball team, which won its only national championship in 1941, is now expected to make the NCAA tournament year after year. Even the men’s hockey team went through its own turmoil in the latter part of the 1990s and early 2000s. But thanks to coaching changes and Barry Alvarez becoming athletic director in 2005, Wisconsin has made drastic improvements — and not just limited to one sport or even just to the three previously mentioned.The fact of the matter is that Wisconsin used to be a one-trick pony. Hockey was one of the few — if not the only — good things the Wisconsin athletic department had going for it for the longest time. Legendary coach Bob Johnson built the Badgers into a perennial power in hockey and won multiple national championships while at the helm. But outside of hockey, the Badgers were just plain brutal. Things got so bad in the late 1980s and early 1990s that Wisconsin had to cut five varsity sports, including baseball. The football team was underperforming and hemorrhaging so much money that those sports were no longer in the budget.However, hiring Alvarez as the football coach in 1990 not only turned around the football program but the entire athletic department. Slowly but surely, Wisconsin has made the transition from having a one-trick pony to having a horse in nearly every race.Wisconsin football’s string of three Rose Bowl berths came to a halt this past season, but in the hands of a new coach this season, the Badgers look to be in the driver’s seat to head to the Big Ten Championship Game and perhaps their fourth ‘Granddaddy of Them All’ in the last five years.As for the Wisconsin men’s basketball team, they’re coming off a year in which they set a school record for the best start to open a season and then followed that with an unprecedented run to the Final Four, the first since 2000 and the first in head coach Bo Ryan’s tenure.Things were quite good in the athletic department going into the fall of 2000, as well, with a Rose Bowl win and a Final Four berth the previous school year. But unlike back then, Wisconsin has a lot more going for it today than just football and men’s basketball. The men’s hockey team made its second straight appearance in the NCAA tournament this past year, the women’s hockey team went back to the Frozen Four. Under first-year head coach Kelly Sheffield, the Wisconsin volleyball team made it to the national title game. Wisconsin’s softball team made its second straight NCAA tournament appearance this year. Oh, and don’t forget the Wisconsin men’s soccer team also made the NCAA tournament for the first time since 1995 this year, too.That’s not to say that everything is ho-hum in the land of Badger athletics right now. The men’s hockey team did graduate nine seniors this year and lost two talented players early to the NHL. The football team lost several key members, as well, most notably one of the better running backs in school history in James White and perhaps the greatest linebacker yet in Chris Borland. In addition, the men’s basketball team lost one of the best sharpshooters in recent memory with Ben Brust’s graduation.However, through all of these changes, one thing remains the same: the success of Wisconsin sports is here to stay. By the time this freshman class graduates from this university the wins will outweigh the losses.About 30 years ago, the only thing to cheer for was the end of another drubbing in football and the start of the Fifth Quarter. Thankfully, and more so than ever, right now is a good time to be a Badger.last_img read more

Niamh’s ‘spec-tacular’ project to benefit hundreds in developing countries

first_img14-year-old Niamh Coyle from Raphoe is helping give the gift of sight to those in developing countries with her unique project.As part of her Chief Scout Award and Gaisce, Niamh has come up with the ‘spec-tacular’ idea of collecting glasses for the Lion’s Club International to donate to those with limited vision in developing countries in Eastern Europe, Africa, and India.Niamh explained to Donegal Woman that eye care is something we take for granted and that we often forget that those in developing countries may not have access to opticians. “I wear glasses myself, and I think it’s a privilege that when we need to, we can go to the opticians and get a pair of glasses.“I had some spare glasses at home and thought about how I could give them to others as I know how difficult it is to be without glasses.”Niamh says that the support from the community has been overwhelming since she began her project.“The house is coming down with glasses! The boxes in the shops are overflowing. We have a couple of hundred pairs already.” A busy woman, Niamh is a scout in 3rd Donegal (Raphoe) Scout Troop, and recently completed the adventure part of her Chief Scout Award by leading a group of younger scouts on the Burtonport Railway Walk before embarking on an overnight expedition to Arranmore – covering 26km on foot during the trip!If you have some spare spectacles that could be useful for Niamh’s project, you can put them in one of her collection boxes at Coyle’s Centra Raphoe, Louise Masterson’s Opticians Raphoe, Raphoe Pharmacy, and Simple Simon’s Healthfood Shop in Donegal Town.The glasses must be in good condition for people to wear and you don’t need to send the case.Niamh is hoping to collect as many glasses as she can for her project and assures you that your glasses will make a huge difference.Niamh’s ‘spec-tacular’ project to benefit hundreds in developing countries was last modified: August 20th, 2017 by Elaine McCalligShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:lions club internationalniamh coyleprojectRaphoelast_img read more