German predilection for technological advance permeates all areas of primary business and industrial activity, to the undoubted benefit of the competitive standing of its international market players. In the maritime domain, a clear appreciation
Thomas L. Reece has been named president of Norris Division, Dover Corporation, Tulsa, Okla., replacing Edwin L. Bechtold who will continue as a vice president of the parent company. In his new role, Mr. Bechtold will assist Mr. Reece in the transition
L.C. Ackerman, Charles H. Eure Jr., and O. Ray Yates Jr. have been elected to the board of directors at Norshipco, Norfolk, Va. Mr. Ackerman became associated with the Walker Manufacturing Company, a manufacturer and marketer of automotive exhaust systems and filters, in 1952.
National Supply Company has received a U.S. patent for a subsea template system for multiple well drilling and production. The template design was developed by National Supply's Well Control Systems engineering group, Houston, to reduce time and cost of underwater operations,
Coastal Corporation Purchase Of Texaco Terminal And Pipeline Interest Expands Market For Belcher Oil
The Coastal Corporation, Houston, Texas, recently completed the purchase of five Texaco marketing terminals and Texaco's interest in a refined products pipeline, significantly expanding the geographic coverage of its Belcher Oil marketing subsidiaries.
Liner shipping is traditionally a cyclical business, subject to dramatic peaks and troughs and sudden changes in fortune in individual trade lanes. Today's ebullience among all sectors of container shipping, including its various intermediaries,
George T. Richardson, president of The Offshore Company, Houston, recently announced the promotions of C.D. Lofton and J.R. Kennerson. Mr. Lofton has been promoted to division manager and will be responsible for the overall operations of the Morgan City, La.
A splashing debut with new innovations could best describe the inauguration of Celebrity's Millennium, which occurred in England this past summer. Ironically, the splashing part of the gas turbine-powered vessel's debut is what is now causing headaches at the Miami, Fla.
Rrupp International, Inc., 350 Executive Boulevard, Elmsford, N.Y. 10523, a wholly owned subsidiary of Fried. Krupp GmbH of Essen, Germany, has announced that it assisted Krupp Kranbau Wilhelmshaven, the crane division of Fried. Krupp GmbH, in
The following management changes have been announced by Gulf Trading & Transportation Company (GT&T) president Herbert I. Goodman. Edward A. Monto, formerly president, Compania Maritima Gulf S.A., an affiliate of Gulf Oil Corporation, is appointed general manager,