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.
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,
It was little more than a year ago that Boyd E. (Butch) King. CEO. took the reigns at VT Halter Marine, a designer and builder of small to medium-sized ships with a varied and rich history. After 15 months on the job, Maritime Reporter caught up with Mr.
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
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.
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.
A new 24-page brochure is available describing the engineering, construction, installation and design capabilities of the DeLong Corporation. Based on DeLong's line of pneumatic and hydraulic jack systems with standard lifting capacities of 450 to over 1,
Tidewater Inc., New Orleans, La., announced recently that its marine division, Tidewater Marine Service, Inc., added ten crewboats and one supply vessel to its domestic fleet. All of the vessels will be based on the U.S. West Coast. "By acquiring high quality,
Hagglunds Marine & Offshore, a division of AB Hagglund & Soner of Sweden, has signed an agreement under which it will acquire all the shares in the Dutch Kenz Cranes Group. Kenz Cranes is among the leading makers of offshore cranes in the range 5-100 t SWL.
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,