business
Meeting the Ballast Water Challenge
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,
Targeting Greek Shipping's $16B Budget
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,
Oil Instability, consolidation Muddy Offshore E&P Picture
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.
Seaward, Inc. Promotes Michael K. Kutzleb
Seaward, Inc., has announced the promotion of Michael K. Kutzleb to manager, Self-contained Tanker Off-loading Pumping Systems (STOPS). STOPS is a specially designed submersible pump system for tanker offloading and salvage pumping. Mr. Kutzleb is a graduate of the University of Virginia,
Soviet Trading Firm Takes Space In N.Y/s World Trade Center
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.
Xantic: New Look, New Name... More Service
Part of the curse of corporate consolidation comes in the combining of or complete re-naming of the new entity. The quandary: maintaining critical market awareness of individual brands while adequately communicating the entirety of the new organization's capabilities.
Nippon Paint Restructures
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
Osprey Maritime To Sell LNG Operations For $635 Million
Singapore's Osprey Maritime said on Monday it agreed to sell its liquefied natural gas (LNG) operations to new subsidiary Golar LNG for $635 million as part of a restructuring exercise. The marine and chartering services provider said in a statement
CRIS: An Affordable, High-Risk Insurance Solution
The Credit Rating and Insurance System (CRIS) — a specialized and reportedly realistically priced credit risk insurance plan, tailored to meet the debt protection and credit information needs of the international marine industry — was launched recently
Ohio Innovator
Last month's new product unveiling by Advanced Polymer Coatings (APC), at the SMM gathering in Hamburg, should give fresh impetus to the Ohio company's rapid marine business growth with its performance-enhancing MarineLine cargo tank coating series.