business

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.

 

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

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,

Ohio Innovator

Last month's new product unveiling by Advanced Polymer Coatings (APC), at the SMM gathering in Hamburg, should give fresh impetus to the Ohio company's rapid marine business growth with its performance-enhancing MarineLine cargo tank coating series.

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

Soviet Trading Firm Takes Space In N.Y/s World Trade Center

Amtorg Trading Corporation, which represents Soviet foreign trade organizations in the United States, will open a new office at the World Trade Center, New York, N.Y., this summer, it was announced by Viktor I. Bessmertniy, president and chairman of Amtorg, and Commissioner Andrew C.

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

Chen Named General Manager, Tan Sales And Commercial Manager, Of Sembawang Yard

David Chen Tou Sin has been appointed General manager of Sembawang Shipyard, Singapore, to succeed E.S. Ware, who returned to the United Kingdom recently on completion of his contract with the shipyard. Mr. Chen, who is a graduate in both marine engineering and shipbuilding,

 
 
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