Valmet's subsidiary yard, Valmetin Laivateollisuus Oy in Turku, Finland, recently delivered the first unit in a four-vessel series being built for the Ministry of Gaz Industry of the USSR. The supply/ anchor-handling vessel Rioni incorporates a number of interesting features,
Halter Marine Services, Inc., New Orleans, La., has delivered a new 166-foot offshore supply vessel, Fay Hebert, to its owner, the George Engine Co. of Harvey, La. The ship's overall dimensions are 166 feet in length, with a 38-foot breadth, 13-foot depth,
On-Water Exhibition Set For June 23-25, 1992 Designed specifically for the small commercial craft industry, the 3rd European Workboat Show, which has developed into one of the largest exhibitions of its kind in Europe, has been scheduled for June 23-25,
The recent acquisition of Alco Power Inc. of Auburn, N.Y., by Bombardier Inc., a diversified Canadian manufacturer of transportation, recreational and industrial products, will enhance ALCO's position as a well respected diesel engine manufacturer,
Pott Industries Inc., 611 East Marceau Street, St. Louis, Mo. 63111, has announced that Gulf Fleet Jones (Ireland) Limited, a recently formed Irish corporation owned by Pott and The Jones Group Limited of Dublin, had been awarded a contract by
—Free Literature Available Warren Pumps Inc., a newly formed corporation organized by the managers of Warren Pumps— Houdaille, Inc. and Scott-Macon, Ltd., a New York-based financial advisory firm, successfully completed recently the purchase of the business of Warren Pumps-Houdaille, Inc.
At its regular board meeting following the annual shareholder's meeting in November, Offshore Logistics, Inc., Lafayette, La., anounced that Kenneth M. Jones had been elected president of the corporation. Burt H. Keenan will remain chairman of the board and chief executive officer.
Newpart Resources, Inc. recently announced that its wholly owned subsidiary, Newpark Environmental Services, Inc., has added 16 additional U.S. Coast Guard certified barges to its fleet, increasing to 31 the number of vessels used exclusively for the movement of nonhazardous oil field waste.
Lenders faced a competitive and sluggish commercial loan market in 1993 and are looking at a number of industries, including marine, to generate higher commercial loan volumes. More lenders are doing marine deals today compared to five years ago,
McDermott Incorporated announced that its Shipyard Group has purchased 70 additional acres in the Bayou Bernard Industrial District north of Gulfport, Miss., to expand the shipbuilding and repair facilities of its Gulfport Division. Located on