Douthwaite Joins SEAMOR Marine
Remotely operated underwater vehicle (ROV) firm SEAMOR Marine announced it has hired Simon Douthwaite as its new Sales & Marketing Manager. A scuba instructor and deep technical diver, Douthwaite brings sales and marketing expertise from a career in finance that spans four continents.Douthwaite has worked for major companies such as HSBC in Hong Kong and Investec in London where he sold investment services in the futures, commodities and stock markets to a broad range of institutional and retail customers. Simon has lived and worked in Asia, Europe, Africa and North America.
US Appeals Court, Says BP Bound by Gulf Spill Accord
company has set aside $42.7 billion for cleanup, compensation, legal and other costs related to the spill, . It has estimated that business economic loss claims in the latest appeal totaled about $1 billion. "Each $1 billion extra on claims equates to just 2 pence per share for BP," Investec analysts said in a note. BP shares traded down 0.3 percent at 491.6 pence in late afternoon trading in London. Resumption of Payment Expected Barbier ruled that BP would have to live with its earlier interpretation of a Dec. 2012 settlement with businesses and individuals harmed by the spill