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.
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,
One of the common items found on almost every vessel constructed that is frequently overlooked is thermal insulation material. As vessels increase in age. it is safe to say that the insulation systems start to degrade with time and abuse. In fact,
Bruce Kasen, vice president, marketing, Timmons & Charles, Inc., has announced the appointment of George S. Mahaly to manager, technical services. Mr. Mahaly joined T&C in 1973, and has previously held the positions of field service section chief and consulting engineer.
Hermann Christian Helms has been named to the newly created position of vice president-international for Lykes Bros. Steamship Co., Inc., headquartered in New Orleans, Lykes chairman Joseph T. Lykes Jr. announced. Mr. Helms, who will be based in Bremen,
The Canadian province of St. John's, Newfoundland, will be the site of the 4th International Conference on Port and Ocean Engineering Under Arctic Conditions, to be held September 26-30. The POAC 77 Conference will cover latest developments on operating in Arctic waters,
The Maritime Administration has released the results of the first major Government effort to analyze the impact of the U.S.- flag shipping and American shipbuilding industries on the nation's economy. The findings demonstrate conclusively that
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.
Boots Hansen of Boots & Coots Inc. of Houston, Texas, and Paul Koomey of Koomey Inc. of Brookshire, Texas, recently announced the development and sale of a new device for high-pressure oil or gas wells they feel is a significant answer to platform safety.
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