The Group managing director of Burmah Oil Company Ltd. of England declared recently that tapping reserves of natural gas readily available in many countries "is one of the simplest ways of developing new sources of energy." Speaking at the naming
Arthur A. Riedel, chairman and chief executive officer of Riedel International Inc., recently announced three key promotions. Jamshed (Jim) Dastur has been named president of Riedel International Constructors, a subsidiary of Riedel International, Inc.
American Atlantic Shipping, Inc., One World Trade Center, Suite 1035, New York, N.Y. 10048, a subsidiary of American Marine Industries, Inc., launched the first in a series of three multipurpose breakbulk / reefer / container ships on October 14, 1978.
The largest liquefied natural gas (LNG) tanker ever built in the U.S. was named on May 27, during ceremonies at General Dynamics Quincy shipyard in Massachusetts. Mrs. David S. Lewis, wife of the chairman and chief executive officer of General Dynamics,
Stockholders overwhelmingly approved changing the name of Moore and McCormack Co., Inc. (listed NYSE, Pacific Coast) to Moore McCormack Resources, Inc. at a special meeting held at the company's new headquarters, One Landmark Square, Stamford, Conn.
David A. Hatcher has been appointed president of Challenger Minerals Inc., the oil and gas exploration and development subsidiary of Global Marine Inc., it was announced recently by C. Russell Luigs, president and chief executive officer of Global Marine.
U.S. citizens are invited to submit sealed bids to the Maritime Administration (MarAd) for the purchase of the 24-year-old passenger liner S/S United States, laid up at Norfolk, Va. The minimum price is $5 million, payable in cash within 30 days of acceptance of the successful bid.