market

H o r i z o n Delivers Z - D r i v e Tug

Horizon Shipbuilding, Inc. recently delivered Belle Watling, a 72-ft. (21.9 m) Z-drive tug to Dixie Towing of Jacksonville, Fla. The first azimuthing tug to be built at the Bayou La Batre shipyard, Belle Watling was delivered 30 days ahead of its contractual delivery date.

 

Deep-Sea Towage, Salvage And Heavy-Lift Markets

The role of towage, salvage and heavy-lift within the shipping industry is not large, but its importance far outweighs its size and it embraces an impressive and diverse range of expertise. The individual markets have undergone major upheavals

Ultrajets Chosen by FBM Babcock for Military Project

Ultra Dynamics has agreed to supply FBM Babcock Marine with 14 UltraJet 305 waterjets for a new military project According to Mike Lane, managing director, "The UltraJet 305 is the highest selling unit in the UltraJet range of marine jet drives

AIMU Reports On Hull Insurance Market At Annual Conference

The effects of a continued worldwide s h i p p i n g depression, rising ship repair costs, and the instability in international currency relationships have all played a part in stalling the long-awaited recovery of the world hull insurance markets.

Minneapolis Investors Acquire Grafton Boat

Nathaniel Robbins Jr. has been named president of the Grafton Boat Co., a company which was recently acquired by a group of Minneapolis investors. Grafton Boat Co. is a designer and builder of commercial and Government towboats and workboats. The

Newpark Resources Buys Half Interest In Bulkfleet Marine

Newpark Resources, Inc., has announced their purchase of a 50 percent interest in Bulkfleet Marine Corporation for an undisclosed cash amount. Bulkfleet was organized to design, construct and operate Dedicated Deep Notch Tug Barge Units (DDNTBU) in charter service along the U.

Name O'Leary Marine Development Manager At Dillingham Ocean

Tim O'Leary, formerly with Foss Launch & Tug Co., has been promoted to manager, market development and research for Dillingham Maritime's Ocean Division, Seattle, Wash. According to Tom Van Dawark, president of the Dillingham Maritime Ocean Division, Mr.

Lake Shore, Inc. Opens Houston, Texas Office— G. Curtis Gibby Named

Lake Shore, Inc., Iron Mountain/ Kingsford, Mich., prominent manufacturer of marine cranes, winches, windlasses and mooring systems, has opened a Gulf Coast sales office to expand its services to the offshore oil industry. The facility is located at Lake View of Cypress Station,

Mar Ad Study Recommends Methods For Improving Inland Waterway Ports

A report released by the Maritime Administration (MarAd) indicates that the greatest potential for maintaining the competitiveness of barge-towing operations on the inland waterways lies in improved river port operations. Titled "A Primer On Inland Waterways Ports,

 
 
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