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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

 

Smit Develops High-Powered Wreck Removal Cutting System

Smit Salvage has developed a new. patented wreck removal cutting system that is designed to be fast and cost effective, and was used during the successful recovery of the Russian submarine Kursk last year. The new system utilizes a special abrasive cutting

New Marine R&D Company Established In Canada

A company specializing in computer- assisted marine design and research and development opened recently at B.C.I.T., Discovery Park, Burnaby, British Columbia. Seatronics Technologies Ltd. has emerged from a long-established company, Seaspan Development Co.

Rauma-Repola Delivers 225-Foot Salvage Tug To Soviet Union

The Rauma-Repola shipyard in Uusikaupunki, Finland, earlier this year handed over to its Soviet trading partner, V/O Sudoimport of Moscow, a type SB 406 oceangoing salvage tug, the 14th oceangoing tug delivered by that yard to the USSR. Construction of the series started in 1976; four 3,

Genstar Appoints West Executive Vice President

Jack A. West has been elected an executive vice president of Genstar Corporation, of San Francisco, Calif. Based in the company's San Francisco executive office, he has assumed responsibility for its marine services group and heavy construction operations.

Titan Is Challenged In Persian Gulf

Titan Maritime recently had its expertise put to the test with the wreck removal operation of a 426 x 105 x 28 ft. (130 x 32 x 8.5 m), 7,279 grt materials barge. The vessel was transiting the area of Mina Saqr Port in Ras A1 Khaimah, United Arab

Reduced Towing Costs Subject Of Study On Towing Surge Pendants

The following is a condensation of a technical study prepared by the engineering and research departments of Samson Ocean Systems, Inc., Shirley, Mass. The report analyzes and compares the performance characteristics of the traditional towing

Hudson Joins North American Towing As Special Representative

North American Towing Company president Warren A. Jackman announced the appointment of Alfred R. Hudson as special representative for marketing. Mr. Hudson is a former vice president of Ceres Terminals, Inc., one of the largest stevedoring firms in the U.

A W O President Calls For Board Formation To Set W a t e r w a y s Spending Priorities

A major spokesman for the nation's barge and towing industry said that recent government action to drastically reduce the federal deficit greatly increases the need to establish a government- industry "Users Board," consisting of representatives from

Loan Guarantees Totaling $82 Million Approved By MarAd For Shipbuilding

Loan guarantees totaling nearly $82 million were approved by Maritime Administrator Warren Leback for six financing and refinancing applications under the agency's Title XI program. With only one guarantee approved since 1987, the program had been virtually dormant.

 
 
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