In the Maritime Transportation Security Act (MTSA), signed into law on November 25, 2002, Congress directed the U.S. Coast Guard to. among other things, establish a vessel security plan requirement for appropriate vessels operating in United States waters.
The occasional sinking of ships and capsizing of offshore structures, especially in hostile, frigid environments, are reminders that the perils of the sea are still with us. In many of these disasters, official investigations have found that hypothermia
Downtime was cut by approximately twothirds when the Western Pacesetter II, a semisubmersible drilling rig, was refitted at Cameron Offshore Service Inc.'s Industrial Marine Division in Cameron, La., for work in the North Sea. With the cost of rig tow time,
In a deal worth up to $500 million and which would create the world's largest support vessel fleet, Tidewater is negotiating the acquisition of Zapata Gulf Marine. An agreement between the two U.S. groups would combine the 304 vessels of Zapata with the 303-vessel fleet of Tidewater.
Det norske Veritas has issued revised Rules for Classification of Mobile Offshore Units. The new edition supersedes the 1975-edition (with supplement of 1977). The major changes from the previous edition are: More severe requirements to strength of steel structures.
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.
George A. Lorenz, Jack T. Trotter and Kenneth W. Waldorf were elected to the board of directors of Zapata Corporation of Houston at the recent annual stockholders' meeting. All will serve three-year terms expiring in 1989. Mr. Lorenz has been a member of the board since 1979.
Friede Goldman Halter (FGH) has finalized six new contracts valued at approximately $40 million total. The contracts have been signed with the following customers: The Venezuelan government has called upon FGH to construct a pair of 153 ft. (46.
Huthnance Offshore Corporation, formed in 1983 as the parent company of Huthnance Drilling Company and Huthnance International, Inc., has consolidated management of the nine offshore drilling rigs owned by these subsidiaries. "The consolidation is a move designed to streamline operations,