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.
Bethlehem Steel Corporation's Beaumont, Texas, shipyard and Houston Offshore International, Inc., recently commissioned the second offshore drilling rig built by Bethlehem for this Houstonbased drilling contractor. The rig is the Sabine I I ; Mrs.
Entering the 1980s, it is hard to believe that it is now more than six years since the last "boom" in the big bulk carrier market was ended by the "Oil Crisis," and an abrupt change in the trading pattern of the combined fleet. For much of this period,
The executive board of Hapag- Lloyd AG, Hamburg, West Germany, recently announced that Hans D. Druegg, president and chief executive officer of Hapag- Lloyd (America) Inc., will assume an executive position in Hapag-Lloyd's European marketing and sales organization.
The collapse of a giant, brand new gantry crane which killed 36 people in a Shanghai shipyard may have been caused by loose steel ropes, state media and an engineer at the crane's designer said in published reports. At press time, Chinese authorities
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.