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.

 

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

Meeting the Ballast Water Challenge

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,

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,

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

Xantic: New Look, New Name... More Service

Part of the curse of corporate consolidation comes in the combining of or complete re-naming of the new entity. The quandary: maintaining critical market awareness of individual brands while adequately communicating the entirety of the new organization's capabilities.

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,

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

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.

Nippon Paint Restructures

Nippon Paint is restructuring its marine coatings subsidiary to increase its presence in the global marine paint market for newbuildings, shiprepair and maintenance. As part of a strategy to build up its marine coatings business worldwide, Nippon

 
 
boat Bremerhaven bridge building bulkhead business Captain cargo cargo ships cargo vessels caribbean