A company specializing in computer- assisted marine design and research and development opened recently at B.C.I.T., Discovery Park, Burnaby, British Columbia. Seatronics Technologies Ltd. has emerged from a long-established company, Seaspan Development Co.
Five tugs of Smit International, i n c l u d i n g the 22,000-bhp Smit Rotterdam, and a Norwegian tug, h a v e towed the deck for the Statfjord B production platform (shown above) from Stavanger, Norway, to t h e Y r k e f j o r d , 36 miles north of Stavanger.
The Dravo Corporation's Neville Island Shipyard, Pa., recently launched a 195-foot by 35-foot covered hopper barge, W.B.L. 114 — one of two delivered by Dravo to C.G. Willis, Inc., of Paulsboro, N.J. Outfitted for both push and hawser towing, the
Kenneth E. Cochran Jr., president of Alliance Marine Services, New Orleans, has announced that Phillip J. Wright has joined the company as vice president of Sales and Marketing. He will be responsible for all marketing for the company, including
James K. Taggart, president of Tampa-based TECO Transport & Trade Corporation, has announced the signing of a long-term agreement with Freeman United Coal Mining Company of Chicago to supply river transport, ground storage, and coal-loading services for two million tons of U.
Three 195-foot by 35-foot by 11-foot 11-inch double-skin tank barges have been constructed by Nashville Bridge Company (NABRICO), Nashville, Tenn., for Binion Marine Service of Houston, Texas. The barges are certified by the United States Coast
Capt. Russell G. McVay, harbor operations manager of the Moran Towing & T r a n s p o r t a t i o n Co., Inc., was elected vice president of the company by the board of directors, it was announced by Thomas E. Moran, president. A specialist in tug/barge operations,
Deputy Assistant Secretary of Commerce for Maritime Affairs Samuel B. Nemirow has approved in principle the application by Manatee Towing Company, 2050 Coral Way, Miami, Fla., for a Title XI guarantee to aid in financing the construction of two integrated tug-barge units.
Since January 2000 there has been a decrease in the total number of inland tank barges listed for sale. Prices for inland tank barges have increased an average of 10 percent over last year for barges under 10,000 bbl capacity. Barges over 10,000 bbl have increased about 14 percent.
Loan guarantees totaling nearly $82 million were approved by Maritime Administrator Warren Leback for six financing and refinancing applications under the agency's Title XI program. With only one guarantee approved since 1987, the program had been virtually dormant.