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.
Promet Private Limited, Singapore, recently launched another of its offshore supply vessels. Sponsor of the NMS 209 (shown above) was Mrs. Hugh Jackson, wife of the president of Jackson Marine Corporation, owner of the vessel. This $3.5-million
The Australian Reefer, first of four 630,000-cubic-foot refrigerated cargo ships under construction for J. Lauritzen A/S of Copenhagen, was launched recently at the Ulsan Shipyard of Hyundai Heavy Industries Company, Ltd. in South Korea. These
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 uniquely simple system for measuring and inspecting cargoes of petroleum and chemical tankers and barges is the topic of a new 24-page brochure offered by Vu-Gage System, a Mobil Company. The Vu-Gage® system covered by the brochure has been accepted f o r i n s t a l l a t i o n on U.
Magnus E. Olsen, president, Overseas, Enterprises, has announced the appointment of Edward H. Barron as director of chartering. His responsibilities will encompass all chartering, marketing, and operational functions of O.N.E. Shipping Ltd., which
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,
Orders for vessels to American Bureau of Shipping (ABS) classification increased by a healthy amount during 1980, William N. Johnston, chairman and president, reported at the recent annual meeting of the members at ABS Headquarters in New York. Mr.
Shipowners are known for having distinct differences of opinion, but the one thing that all agree on is the importance of having access to capital. In an industry in which assets are generally bigticket items and operating margins can be thin,
More Oil Is Shipped In U.S. Waters Than Any Other Commodity; Petroleum And Petroleum Products Account For 40 Percent Of The Cargo Shipped Through U.S. Waters C o a s t Guard inspections have not always been reliable in detecting unsafe tankers.