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.
The cruise industry, slowed at the end of 1990 and the beginning of this year by the Persian Gulf War combined with a national recession, is showing signs of recovery. Some of the biggest operators out of Florida, Royal Caribbean, Carnival Cruise and Norwegian Cruise,
The inevitable slimming of the ECommerce side of the marine business has commenced, with several majors dropping out of business and others merging. Last month. London-based eshipbroker LevelSeas acquired its main competitor, Houston-based SeaLogistics,
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.
ANADAC Inc. recently announced the appointment of Daniel A. Marangiello as the company's Deputy Director of Submarine Programs. He will be providing toplevel program management support to the Strategic Submarine Program Office, Naval Sea Systems Command.
William J. Holcombe has been elected chairman and chief executive officer of Transamerica Delaval Inc., the manufacturing subsidiary of Transamerica Corporation. Announcement of Mr. Holcombe's election was made by Transamerica Corporation chairman and chief executive officer James R.
The plan for the reorganization of Bender Shipbuilding & Repair Company, Inc., Mobile, Ala., was confirmed recently by the U.S. Bankruptcy Court for the Southern District of Alabama. The plan marks the end of Chapter 11 protection for Bender after just nine months.