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.
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,
The Philadelphia Section of The Society of Naval Architects and Marine Engineers last technical meeting of the 1976-77 program was at the Mallard Inn, Mt. Laurel, N.J. A paper titled "Modern Wooden Ship—Design and Construction," was presented by co-authors John F.
A & P Appledore International Ltd., the marine industry's services group, has been acquired by A & P Appledore (Holdings) Ltd., a company formed by the senior employees of the company. The shares in A & P Appledore International Ltd. were in the
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,
The board of directors of Lykes Bros. Steamship Co., Inc., and Lykes Lines Agency, Inc., have elected four new vice presidents, effective January 1, it was announced by Joseph T. Lykes Jr., chairman of the board of each of the companies. Newly elected were: Barton W.
An increasing number of Greek vessels are now being classified with Det norske Veritas and at the last turn of the year, the figures were 166 ships totaling 1.75-million gross tons, or 11 percent of the fleet registered in Greece. As a consequence
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.
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.
Clifton C. Garvin Jr., retired board chairman and chief executive officer of Exxon Corporation, will receive the highest award of the American Petroleum Institute, the Gold Medal for Distinguished Achievement, at the API annual meeting in Houston, Texas, November 17-19.