business

Seaward, Inc. Promotes Michael K. Kutzleb

Seaward, Inc., has announced the promotion of Michael K. Kutzleb to manager, Self-contained Tanker Off-loading Pumping Systems (STOPS). STOPS is a specially designed submersible pump system for tanker offloading and salvage pumping. Mr. Kutzleb is a graduate of the University of Virginia,

 

Edwin G.B. Terry Joins Tidewater Marine Service

Edwin G.B. Terry has joined the sales staff of Tidewater Marine Service, Inc., a unit of Tidewater Inc., according to Sam S. Allgood, vice president of the worldwide offshore marine support company. Mr. Terry, who was previously vice president

Oil Instability, consolidation Muddy Offshore E&P Picture

The cyclical nature of the oil business has blossomed into full bloom during the latter part of 2000, as a host of political power plays have sent oil prices on a virtual rollercoaster, albeit mostly up, helping to send it soaring as high as $37/barrel at the time of this writing.

Targeting Greek Shipping's $16B Budget

Around the world, people involved with shipping are booking flights to Greece and preparing to do business at the Posidonia 2002 International Shipping Exhibition, held on the Piraeus waterfront from June 4-7. 2002. With the Greek market worth a conservative $16 billion per annum,

Xantic Offers New Web-Based Tool

At the SMM exhibition in Hamburg, Xantic displayed many new products and services aimed at making marine communications more seamless and cost-effective. A new web-based tool designed to make it easier for ship managers to manage vessel mailboxes from the office.

CRIS: An Affordable, High-Risk Insurance Solution

The Credit Rating and Insurance System (CRIS) — a specialized and reportedly realistically priced credit risk insurance plan, tailored to meet the debt protection and credit information needs of the international marine industry — was launched recently

Henry Diercxsens Named Vice President Atlantic Overseas Corp.

Eric de Spirlet, president of Atlantic Overseas Corporation, Five World Trade Center, New York, N.Y. 10048, has announced the appointment of Henry Diercxsens as vice president of Atlantic Overseas Corporation. Mr. de Spirlet went on to say: "We are delighted to have Mr.

Brown & Root Names Executive Committee To Manage Company

A five-man Executive Committee has been appointed by Brown & Root's Board of Directors to manage all phases of the company's operations on an interim basis. The announcement was made following the January 23, 1977, death of Foster Parker, president of Brown & Root,

G l o b a l M a r i n e Forms N e w Business U n it

Global Marine Inc., of Houston, Texas, recently announced the incorporation of a wholly owned subsidiary, Global Marine Production Systems Inc. Global Marine Production Systems provides standardized offshore production systems from stock for

Osprey Maritime To Sell LNG Operations For $635 Million

Singapore's Osprey Maritime said on Monday it agreed to sell its liquefied natural gas (LNG) operations to new subsidiary Golar LNG for $635 million as part of a restructuring exercise. The marine and chartering services provider said in a statement

 
 
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