A roundup of some of the most notable vessels delivered by shipyards throughout the world during 1984—selected for their outstanding design features, fuel efficiency, performance, and service characteristics. AMERICAN NEW YORK Daewoo Shipbuilding The
Bunkering is an industry in its own right, but one that is squeezed by events, which happen in the much bigger industries that we are the bridge between. We are vital to both the energy and shipping markets, and at the mercy of both. When the energy markets move, our prices move.
The 63,953-dwt crude/products carrier Andromeda (shown below) was delivered recently by Hitachi Zosen's Ariake Works to the owner, Arapaho Shipping Corporation (Liberia). A Panamax type developed by Hitachi, the tanker is designed to carry crude oil and refined petroleum products.
A christening ceremony was held at National Steel and Shipuilding Company (NASSCO) in San Diego recently for the Exxon Valdez, the first of "two 209,000-dwt tankers being constructed for Exxon Shipping Company of Houston. These Alaska Class tankers
A tale of survival could best describe John S. Burnett's experience onboard his sloop Unicorn in January 1992. Sailing solo across the South China Sea to Singapore — one of the busiest shipping lanes in the world — Burnett was attacked by pirates.
The president of the American Petroleum Institute said that oil companies should be participants in solving the nation's energy dilemma because government, on its own, lacks the expertise needed to develop and implement energy policies. The suggestion came from Frank N.
Richard W. Fetzner, president of Sun Transport, Inc., has been named president of its parent, Sun Trading & Marine Transport, Inc. (S.T.M.T.), succeeding the late Fred E. Buchanan. S.T.M.T., an operating unit of Sun Company, located at 200 West Lancaster Avenue, Wayne, Pa.
Crowley agreed last month to acquire all of the outstanding shares of Marine Transport Corporation (MTC) for $7 per share. The transaction is conditioned upon a minimum number of Marine Transport's shares being tendered, regulatory approvals, and other standard closing conditions.
Mideast War Underlines The Vital Need To Increase Domestic Oil Production In The U.S. The war in the Mideast has once again underlined oil's pivotal role in the maintenance of a healthy world economy. We depend on oil for much more than land and air transportation.
Marine Spill Response Corp. Projects 5-Year, $800 Million Program Two years ago, on a reef in Alaska's Prince William Sound, the oil tanker Exxon Valdez ran aground causing America's biggest oil spill. While thousands worked to clean up the spill in Alaska,