executive
Halter Signs Contracts To Build Six Additional Vessels For Petromar Fleet
Halter Marine, Inc., New Orleans, La., and the Petromar Corporation celebrated the christening of the 192-foot tug/supply boat Petromar Bravo with the signing of contracts for six additional tug/supply vessels. Each will be 185 feet long and powered by
Basil Rusovich Elected President Int'l Trade Mart
Basil J. Rusovich Jr. has been elected president of the International Trade Mart of New Orleans, La. Mr. Rusovich, who is president and chief executive officer of Transoceanic Shipping Co., Inc. and its subsidiary, International Export Packers of Louisiana (INTERPACK),
Crescent Towing And T. Smith & Son Sold To New Owners
James E. Smith, president and chief executive officer of T. Smith & Son, Inc., and New Orleans investor W.K. McWilliams Jr. announced recently that a private company owned by Mr. McWilliams, James R. MofTett, William A. Hines, John G. Amato, and their families,
Sale Of IOT To Southern Natural Resources Closed —Executives Announced
Southern Natural Resources, Inc. of Birmingham, Ala., has completed the purchase of Interstate and Ocean Transport Company of Philadelphia. Interstate and its affiliates own and operate the largest independent fleet of coastal tank barges and tugs in the United States.
Brinson N e w N W C Chairman
J. Ron Brinson, former port director and now special projects coordinator of the Port of New Orleans, was elected chairman of the National Waterways Conference, Inc., at the organization's annual meeting. Brinson succeeds Craig E. Philip of Nashville, president and CEO of Ingram Barge Co.
Mar Ad's Management Control Over Title XI Vessels
Detailed Federal Policies And Procedures May Be Needed To Better Monitor The Program's Performance The Federal Ship Financing Program was established by Title XI of the Merchant Marine Act of 1936 (Ch. 858, 49 Stat. 1985). To promote the U.S.