H. Allen Fernstrom has been named to the post of executive vice president and chief operating officer of Marco Seattle. He takes over the day-to-day management of the 35- year-old company from president and founder Peter G. Schmidt, who will be
It is an unmistakable fact—the second tier shipyards of the nation are still experiencing a severe economic depression. New construction starts on inland and coastal equipment are virtually non-existent. Overall employment levels continue to decline,
When Cianbro Corporation approached Petrodrill, an international rig-owning company with Brazilian and American shareholders, about completing two partially- built oil rigs in 2002. some thought Cianbro President and CEO Peter Vigue was out of his mind.
Charlottesville, Va., is home to Sperry Marine Inc., a company which enjoys a world leadership position in an electronics market increasingly dominated by the Japanese. Sperry Marine, which celebrated its 80th anniversary last year, traces its
Joseph B. Shiffert, president of North Florida Shipyards at Commodores Point in Jacksonville, Fla., has announced recent appointments to expand and strengthen the yard's extensive services to ship operators. Albert A. White has joined North Florida Shipyards
Pan American Hovercraft Corporation, Melbourne, Fla., recently announced it signed licensing agreements with Slings by Aviation, Ltd., York, England, to market an innovative passenger hovercraft in the U.S., Canada, Latin America and the Caribbean.
Anthony Del Gavio has announced the relocation of the corporate headquarters of Del Gavio Marine Hydraulics Inc. to 619 Industrial Road, Carlstadt, N.J. The new 12,000-square-foot facility will house the corporate offices as well as a full-service hydraulic and pneumatic repair center,
With an eye to changed legislative requirements governing ships trading to the United States, shipbuilder Burmeister & Wain Skibsvaerft of Copenhagen has developed a new design of combination carrier, the BCT85, that complies with the new American
AK-WA Shipyard, Tacoma, Wash., is converting the 369-foot Apollo One to a bottom fish processor for an early March delivery to the Seattle-based Dona Fisheries. In addition, the yard won a contract to repower and modernize eight LCMs. The Apollo One,
Before the Organization of Petroleum Exporting Countries (OPEC) rose to power in the 1970s, U.S. oil companies had a major role in both the ownership and operation of oil production facilities in the Mideast. Since then, that role has diminished