Morgan City businessman and m a r i n e s p e c i a l i s t Wayne Musgrove has been elected president and board chairman of Chem- M a r i n e C o r p o r a t i o n . The new Louisiana corporate structure was organized by Twin City Barge & Towing Company (TCB) of St.
Conference told shipowners are being given "extraordinarily generous" credit terms for bunkers. The average bunker stem in today's shipping industry is around 700 tons per ship with a current value— at $85 per ton— of some $60,000. On an average fleet size of fourteen ships,
Steven A. Roberts has been named assistant vice president in charge of personnel for Barber S t e a m s h i p Lines, it was announced by Robert H. Pouch, president of the general shipping agent. Mr. Roberts will be responsible for all employment