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.
United States Cruises, Inc. (USCI) of Seattle has applied to the Maritime Administration for a Title XI guarantee to aid in financing the reconstruction and conversion of the SS United States from a trans-Atlantic liner to a luxury cruise ship.
Mobile-headquartered Ryan- Walsh Stevedoring Company, Inc., has announced the appointed of Capt. Ernst Hirt as operations manager-West Gulf. As a senior member of the company's regional management staff in Houston, he will be responsible for day-to-day operations
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,
Tracor Hydronautics recently delivered a Part Task Training Aid Marine Simulator to the Panama Canal Commission. The simulator is now located in Balboa, Republic of Panama. It will be used as part of an overall program in the training of pilots for the Panama Canal in ship handling.
Northville Industries of Huntington Station, N.Y., has announced the receipt of a contract with the government of Panama to conduct the first stage of a crude oil supertanker transshipment terminal on the Pacific Coast. The award authorizes Northville