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Drew Chemical Corp. Promotes Walter Smith

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

 

Is A Big Bulk Carrier A Good Bet?

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,

Drill Rig Commissioned At Bethlehem-Beaumont

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.

Lykes Bros. Announces Organizational Changes

Lykes Bros. Steamship Co. recently announced some organizational changes. Carl J. Horn has been named executive vice president with responsibilities for all customer acquisition and operations functions of the company; and Joseph T. Lykes III,

Top Management Changes Announced By Lockheed

Election of G. Graham Whipple to the position of group vice president was announced recently by Lawrence O. Kitchen, president and chief operating officer of Lockheed Corporation. Mr. Kitchen said Mr. Whipple, formerly president of Lockheed S

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.

Loose Cable Contributed To Crane Collapse

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

 
 
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