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,

 

Redundancy The Next Watchword?

The fact that the actual incidence of oil cargo spills as a percentage of global ship- ments is minuscule can never a r e a s o n any relaxation in the constant vigilance and unerring drive for risk minimization which must be practiced in all fields of tanker shipping.

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.

Lance Melik Appointed Director Of Marketing For Twin Disc, Inc.

Lance J. Melik, formerly manager- product d e v e l o p m e n t , has been promoted to the position of director of marketing for Twin Disc, Incorporated, Racine, Wise. He will be responsible for the formulation and implementation of the c o m p a n y ' s marketing strategy.

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,

State of the P&I Market: As Stocks Drop, Rates Will Rise

The 13 P&I Clubs within the International Group continue to dominate the world market for shipowners' liability insurance despite increasing competition in recent years from fixed premium facilities. The development of the fixed premium market and,

The Dilemma: Competent Crews vs. Costs

The V.Ships Managing Director of USA Shipmanagement operations — Mike Robinson, says that owners are anxious to secure competent crews to serve on their vessels in the coming years, but cost remains an overriding theme in today's market. V.Ships

Williams Named President, C O O Of Royal Caribbean And Celebrity Cruises

Royal Caribbean Cruises Ltd. named Jack Williams president and chief operating officer of Royal Caribbean International and Celebrity Cruises. In his new role, Williams, previously president of Royal Caribbean International, will manage the day-to-day operations of both cruise lines.

IMA To Publish Report On Navy Ship Systems Market

International Maritime Associates (IMA) is preparing a business analysis of the Navy ship systems market. The approximately 200- page report will provide a very comprehensive assessment of current and future market opportunities and will be available in June.

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.

 
 
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