industry

Watts Named President And Chief Operating Officer Of Solus Ocean Systems

David H. Watts, formerly executive vice president of the company's Americas Region, has been elected to the position of president and chief operating officer of Solus Ocean Systems, Inc., Houston. He joined the company in 1965, participating as

 

Wayne Musgrove To Head New Chem-Marine Corp.

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.

SubSea Solutions Alliance Provides Quick Fix - Underwater

Trite as it may be, time is money, especially in the high-end cruise market that depends on millions of tourists spending ample sums of cash onboard today's floating cities. A cruise ship out of action can quickly translate to millions in lost revenue,

Peoples' Republic Of China Concentrates On Building Up Bulk Carrier Fleet

Over the past year or so, well over 100 secondhand dry cargo ships have been purchased by the Chinese, either for their domestic fleet, or for operation under "convenience" flags. A surprisingly large number of these—possibly over 30—have been bulk carriers,

Deway Marine & Industrial Patents New Seal For In-Water Shaft Repair

Deway Marine & Industrial Craftsmen, Inc. Virginia Beach, Va., has introduced a new seal for inwater shaft repair. SealChest Corporation has designed, developed, patented and proved the seal, Duclamp, for inwater propulsion shaft repair. Conventional

Specialties Cornerstone of Canadian Market

The past decade was a tough one for the Canadian shipbuilding market. It was a decade that produced a decline of both employment and decline of newbuilds, many of which were contracted in the late 1980s still awaiting construction. This unfinished

Bergesen Releases 1Q Results

The Bergesen group generated firstquarter operating profit of $25.6 million, substantially down on the $104.3 million recorded last year. These figures include capital gains on the sale of vessels of $ 10.4 million in 2002 and $7.2 million in 2001.

ASNE Annual Meeting Set For May 2-3 In Washington, D.C.

The president of The American Society' of Naval Engineers (ASNE), Rear Adm. D.H. Jackson, USN, announced that the Society has scheduled its annual national meeting, ASNE Day, for Thursday and Friday, May 2-3, 1974, at the Shoreham Hotel, Washington, D.

CREDIT IN THE BUNKER BUSINESS Pitfalls, Problems, Techniques And Solutions

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,

 
 
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