The responsibility of melding, developing and profitably leading one of the world's most prolific high-technology marine companies is, to say the least, a daunting task. Assuming the post with no marine industry experience would seemingly make the job all the more difficult.
Teekay Shipping Corporation has entered into a definitive agreement to acquire Naviera F. Tapias S.A.. a leading independent owner and operator of LNG carriers and crude oil tankers in Spain. Teekay has also entered into an agreement with the shareholders
Bath Iron Works (BIW), Bath, Maine, president John F. Sullivan recently announced the promotion of three of his department managers to vice presidents. Named were Royce A. Young Jr., vice president of production, Robert M. Smith, vice president of industrial and community relations,
A key East Coast shipping executive, long active in U.S. maritime affairs, has been elected chairman of the board of the American Institute of Merchant Shipping (AIMS) for the next 12 months. He is Fred S. Sherman, chairman of the board, Marine Transport Lines, Inc.
A 200+ page report providing the most comprehensive assessment yet made of the marine market will be published in December by International Maritime Associates, Inc. The report assesses the growth to occur in the future U.S. commercial marine and naval market.
Veteran shipbuilding executive Richard W. Thorpe Jr. of Bath Iron Works has been elected to a two-year term as chairman of the C o m m e r c i a l Shipbuilding Committee of the Shipbuilders Council of America, Washington, D.C. Marine Marketing and Long Range Planning manager of the Bath,
When Olympic Tug & Barge was founded in 1987, owner Harley Franco had environmental responsibility on his mind. Early major oil tanker disasters southeast of Nantucket, Mass., near Galveston, Texas, and off the coasts of England and Mexico were influencing the
Nordic prowess in ferry technology, coupled with Irish business verve, is set to take the sector to a new highpoint as regards the concentration of wheeled freight capacity in a RoRo passenger vessel. Built in the cruise ferry mold, Irish Ferries' 50,
Global Ocean Carriers Ltd. announced two fleet expansion projects are currently being considered, and that the company is evaluating the possibility of taking advantage of the Title XI financing available. The company reports it is contemplating ordering new container feeder vessels,
Stolt Parcel Tankers, Inc. selected Marine Management Systems' (MMS's) FleetWORKS, an inventory and maintenance software system, for six chemical tankers and shoreside at its Houston, Texas office. Subsequent installations are planned over the next