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.
The largest tugboat ever built in the United States to run on heavy fuel oil was completed and christened recently at McDermott Shipyards' Morgan City Division in Bayou Boeff, La. The 140-foot, twin-screw Valiant (shown above) was built for Houston-based Bulkfleet Marine Corporation.
The De Laval Separator Company has established a Marine/ Offshore Sales Department to provide increased service to this rapidly growing segment of the company's markets. Robert J. Wimmer has been named national sales manager for the new department.
Five subsidiaries of The El Paso Company, Houston, Texas 77001, announce proposed offerings of an aggregate of $30,864,000 United States Government Guaranteed Ship Financing Bonds, Series P and Q, subject to approval of the Maritime Administration.
The Deputy Assistant Secretary, U.S. Department of Commerce, Maritime Administration, has approved in principle the application by Noble-National Joint Venture, 1924 South Utica, Suite 600, Tulsa, Okla., for a Title XI guarantee to aid in financing
Donahue, Inc. Advertising & Public Relations has expanded its professional staff with the addition of Laurence F. Daspit, who will represent the firm in Houston and throughout the Southwest. The announcement of this appointment was made by James C.
Zapata Corporation of Houston recently announced that its board of directors and the board of directors of Trafalgar House Limited have approved an agreement for Zapata's U.K. subsidiary, Zapata Off-Shore Services Limited, to acquire Offshore Marine Limited,
Houston Pipe Line Company and Valley Pipe Lines, Inc., Offshore Division, both subsidiaries of Houston Natural Gas Corporation (HNG), have announced plans to construct a 92-mile, 20- inch gas pipeline in state waters off Padre Island, Texas. When completed,
—Literature Available Grow Group, Inc. has acquired the Napko Protective Coatings Division of the O'Brien Corporation, according to an announcement by Russell Banks, president and chief executive officer of Grow Group. Napko Corporation, with headquarters in Houston,