The Gulfwind, the first completely computer- designed offshore jackup drilling rig, is under construction for Chiles Drilling Company of Houston, Texas, at Marathon LeTourneau Company's Brownsville, Texas, yard, Marathon announced from its Houston headquarters.
Since January 2000 there has been a decrease in the total number of inland tank barges listed for sale. Prices for inland tank barges have increased an average of 10 percent over last year for barges under 10,000 bbl capacity. Barges over 10,000 bbl have increased about 14 percent.
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.
Signet Marine Group, an operating entity of Signet Corporation of Houston, has formed an Ocean Transportation Services (OTS) Division, according to a recent announcement by J. Barry Snyder, president and chief executive officer of Signet, and Thomas V.
Two leading tug firms in the United States, Moran Towing Corporation of New York, N.Y., and Crowley Maritime Corporation of San Francisco, Calif., have announced the formation of Ocean Salvors Company (OSC), a joint venture, to provide marine salvage,