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.
German industry is doing much to advance the development and application of fuel cell technology, and is responsible for many of the initiatives launched so far in the marine sector. Although skeptics in the commercial shipping domain discount
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.
Congress, in late October, appropriated $900 million to fund a new fast sealift program. When added to the $375 million remaining from last year, a total of $1.3 billion is now available for initiating a major ship construction effort. High priority has
LauritzenCool, Eastwind Transport and Armada Shipping announced the formation of ReeferShip Ltd.. a new marketing company that will identify, pursue, and develop business for refrigerated ships controlled by Eco Shipping, Arctic Reefers, and Armada Shipping.
Tidewater Inc.'s marine subsidiary, Tidewater Marine Service, Inc., has completed an agreement to purchase a package of five vessels from Otto Candies, Inc. of Des Allemands, La. According to an announcement by John P. Laborde, Tidewater chairman and chief executive officer,
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,
A new partnership, Blue Streak- Gulf Island Operations, has been formed to operate a fleet of self-propelled, self elevating offshore workboats. The partnership was formed by Blue Streak Marine, Inc., a selfelevating vessel operating company, Belle Chasse, La.
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.
In order to strengthen the company for its future needs and provide an organization responsive to the demands of the industry, W. James Amoss, chairman and chief executive officer of Lykes Bros. Steamship Co., Inc., recently announced the reorganization of the finance division,