Increasingly, environmental demands from governments and groups - large and small - will continue to shape the way in which the marine business is conducted. Pressure on ship and boat owners to keep the waters in which they work as pristine as possible has been building for years,
Liffey Marine, Inc., a unit of the Stolt Group, located in Southeast Asia, has recently placed into service a 190-foot self-propelled multipurpose seagoing barge, the M/S Kildare. The unusual design of the vessel permits extremely economical transportation of a wide variety of cargo.
The American Ship Building Company confirmed recently that it had received notification from Ocean Carriers, Inc., of Houston, Texas, that the option for an additional three T-5 Tankers that are to be chartered to the Military Sealift Command has been exercised by the U.
Coastal Towing, Inc., Houston, has applied for a Title XI guarantee to aid in financing the construction of nine tank barges and two towboats. The applicant is an affiliate of, and will share premises and office facilities with, Coastal Towing, Inc.
Floating production has evolved to a mature technology that opens for development oil and gas reservoirs that would be otherwise impossible or uneconomic to tap. The technology enables production far beyond the depth constraints of fixed platforms, generally considered to be 1,400 ft.