Despite the recent drop in passenger bookings, some industry analysts are predicting that by the year 2000, more than 10 million passengers will take cruises annually. These projections are based on a growth level of 10 percent per year. Present cruise passenger levels stand at 3.
Raymond M. Burke, group vice president, Drew Chemical Corporation, Parsippany, N.J., has announced the promotion of Walter A. Smith to director, consulting and technical services, Marine Division. In his new position, Mr. Smith will be responsible
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.
Swan Island Shipyard, Inc., a minority-owned business enterprise conceived through privately funded studies arranged by Portland City Commissioner Charles Jordan and some members of the Portland Chamber of Commerce, has completed its formal corporate organization.
Barge Operators Assess Impact Of OPA And Future Of The Industry The repercussions of the Oil Pollution Act of 1990 have been felt by the entire marine industry, but no where more acutely then in U.S. inland waterway and coastal transport operations.
Finland's Napa Oy has opened a Representation Office in Kobe, Japan, to strengthen the company's presence in the region. Naoki Mizutani has been appointed manager of the Representation Office in Japan. The company is committed to playing a key role in Southeast Asia,
Marland Environmental Systems, Inc., 57 West Avenue, Wayne, Pa. 19087, has named four distributors for the firm's sewage treatment equipment. These representatives are: East Coast — Atco Marine Corporation, Brooklyn, N.Y.; Gulf Coast — Russ- Taylor Company, New Orleans, La.
Gulf Trading & Transportation Company (GT&T), a division of Gulf Oil Corporation, Pittsburgh, Pa., responsible for marine transportation and the supply, sales and trading of foreign crude oil, will transfer its headquarters and the bulk of its operations to Houston, Texas.