In 1985, the depressed state of the barge and towing industry further emphasized the longstanding need to secure a reasoned and stable regulatory environment for domestic marine transportation. This elusive goal took on greater importance as the
Editor's Note: J.A. Tinkey is president of Mid-America Transportation Company in Fairview Heights, III. In April 1989, Captain Tinkey became chairman of the board of the American Waterways Operators, the national association of the inland and coastal barge industry.
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.
M a y 1-2, W a s h i n g t o n , D.C. ASNE Day 1986, the 98th annual national convention of the American Society of Naval Engineers, will be held May 1-2 at the Omni Shoreham Hotel in Washington, D.C., and will feature technical sessions, exhibits,
Bethlehem Steel Corporation, Bethlehem, Pa., recently announced it has completed the sale of two of its Great Lakes ore vessels, the Lewis Wilson Foy and the Sparrows Point, to Oglebay Norton Company, a Cleveland, Ohio-based raw materials and Great Lakes marine transportation company.
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.
Joseph T. Lykes Jr. will retire at year-end as chairman and chief executive officer of Lykes Bros. Steamship Co., Inc., a subsidiary of The LTV Corporation. He will be succeeded as chief executive officer by W. James Amoss Jr., president of the company.
Pott Industries Inc. of St. Louis, Mo., has announced that Richard M. Currepce has been named president and chief executive officer of Pott's Offshore Marine Services Division headquartered in New Orleans, La. Mr. Currence succeeds Vern E. Easterling, who assumes the position of chairman.
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.
Todd Shipyards Corporation has reported improved sales and earnings f o r the first quarter ended June 29, 1980. Todd currently has a backlog of $1.5 billion, and a good earnings trend is expected to continue, the company reported. At its Annual Shareholders Meeting,