Latest moves

Sep 13 2019

Ricaurte Vásquez Morales, an economist with more than 30 years' experience in the public and private sector, has been sworn-in as the new Panama Canal Administrator.

He will serve for seven years starting on 30th September, shortly before the Canal celebrates its 20th year under Panamanian administration on 31st December, 2019.

Dr Vásquez succeeds Jorge Quijano, who completed his term as administrator on 4th September after seven years leading the Canal and more than 40 years at the waterway.

Meanwhile, Panama’s Cabinet Council has approved the modifications to the Panama Canal tolls structure, following a recommendation from the Panama Canal Board of Directors.

In effect, the new toll structures are unchanged for tankers, chemical tankers, LPG and LNGCs, but tolls adjustments were approved to more closely align with the value of the routes.


Moscord has recruited Ross Tovey, formerly of Seven Seas, to accelerate its European growth.

Tovey takes on the new role of regional sales manager and has been briefed to ‘super charge’ the fast growing e-marketplace for maritime supplies in key regional markets, expanding its user base and helping build relationships with the industry’s leading supplier brands.

Tovey has15 years of sales experience within the ship supply segment, with eight at Seven Seas where he held the joint role of regional sales and commercial manager.


Global satcom and IT solutions provider, NSSLGlobal has announced the appointment of Staffan Iveberg as Group CTO.

He will work alongside the NSSLGlobal leadership team to roll out the company’s technology roadmap and boost its R&D division, as it continues to forge a reputation as an engineering powerhouse.

Iveberg brings over 20 years’ experience to this role, having held various senior R&D and business positions within the wireless and high-tech industries. For example, prior to joining NSSLGlobal, he was CTO of Cobham SATCOM, where he was responsible for the company’s product and technology strategy, as well as leading the global R&D organisation.


LOC Group has appointed Stephen Wood to the role of marine and salvage consultant.

He will join LOC’s maritime team, where he will develop and strengthen the Group’s position as industry experts in salvage and wreck removal. 

Wood is a naval architect with a career spanning over 23 years in the maritime sector and he is currently a member of the panel of Special Casualty Representatives (SCR), a position he has held since 2013.


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October 2020

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