market

Ice Tech: The Northern Promise

Increased interest in ice-classed tankers has been fostered to a great extent by the emergence of former Soviet Union (FSU) states as important players in the oil market. The FSU collectively, but with particular reference to Russia, Azerbaijan, Kazakhstan and Turkmenistan,

 

Denyer Succeeds Nelson As Managing Director Of Butterworth Systems (UK)

W.L. (Lynn) Nelson, managing director of Butterworth Systems (UK) Ltd., has retired after 33 years of service with that company. Succeeding him as managing director is Derek C. Denyer, who was appointed to the board of directors of Butterworth Systems (UK) Ltd.

$6 Billion Dollar Merger Tightens Cruise Industry

On Tuesday, November 20, a major announcement shocked the cruise and financial industries when Richard Fain, chairman and CEO of Royal Caribbean Cruise Lines, and Peter Ratcliffe, CEO of P&O Princess held a press conference in London to report that

E-Utopia?

Analysts, pundits, skeptics and just about anyone with a two-bit opinion have voiced their thoughts — informed and otherwise — as to the potential effects that the surge in "e-commerce" solutions will have on the transportation community at large.

Johnson & Towers Named Distributor For John Deere Diesels

Johnson & Towers, Inc., diesel power specialist with operations in Mount Laurel, N.J. and Baltimore, Md., has been selected by Detroit Diesel Allison and John Deere in their joint "New Force" program to distribute the John Deere 14-model line of four-cycle (50-250 hp) diesel engines,

Station 12 Strives To Corner Satcom

The competitive satellite communications market has taken an additional step toward consolidation, with Station 12 — an independent operating business owned 65 percent by KPN (Royal Dutch Telecom) and 35 percent by Telstra — leading the way having the intention of cornering the market.

U.S. Firms Share In New U.K. Licenses For Offshore Oil

Great Britain's energy minister, Tony Wedgwood Benn, has announced the conditional award of offshore oil production licenses for 44 blocks to 65 oil companies. The offshore blocks are in the seas on all sides of Britain. They involve approximately 18,

MarAd Reorganizes Its Marketing, Domestic Shipping, Port Programs

The Maritime Administration has consolidated its marketing, domestic shipping, and port and i n t e r m o d a l programs, and restructured the management of its research and development activities This reorganization transfers responsibility for

A Change in Course

News from BP, the world's largest oil company, that it plans to have "close control" over 50 percent of its tonnage by 2005 may bring a wry smile to more than a few old timers. It was not very long ago at all that oil majors were systematically divesting themselves of vessels that,

Sale Of Imperial Survival Suits Approaches 100,000

— L i t e r a t u r e A v a i l a b le Sales of cold-water survival suits by Imperial Manufacturing Company of Bremerton, Wash., approach 100,000 this year, according to production manager Jim Skelly. A big boost in sales for the company, which has been producing survival suits for 15 years,

 
 
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