Norshipco Adopts
New Corporate Logo
Norfolk Shipbuilding & Dry-
dock Corporation (Norshipco),
Norfolk, Va., has adopted a new
corporate logo. The announcement
was made by John L. Roper III,
president and chief executive of-
ficer of Norshipco.
The new logo is circular in de-
sign, and depicts a ship in dry-
dock, with sunlight overhead.
This is symbolic of the fact that
in Norfolk, the average amount
of sunlight is 60 percent of all
sunlight available. This is a very
favorable climatic condition for
shipyard operations.
Below the design is the new
name "Norshipco," in italicized
lettering, symbolic of a sense of
urgency and action. "We hope
the use of the new name will help
minimize confusion caused by so
many shipyards in the Norfolk
area having similar names," said
Mr. Roper. "We think our new
logo well represents the forward
thrust our company is taking
with its new expansion program."
The shipyard is currently ex-
panding its Berkley Plant, with
the addition of a new 1,030-foot-
long pier, now in operation, and
a giant steel floating drydock,
capable of lifting ships of up to
150,000 deadweight tons, now un-
der construction in Brazil.
Cayman Energy Ltd.
Reports On Activities
One of the world's largest "ship-
to-ship" operators, Cayman En-
ergy Ltd., reports that since the
beginning of its operations in
August in the Cayman Islands,
they are now averaging 4 million
barrels per month of crude oil
transfers and expect this amount
to increase substantially in the
next few months.
In the period since August,
they have handled 25 tankers,
including a ULCC (ultra large
crude carrier) and several VLCCs
(very large crude carrier). As of
mid-October, five tankers were
at anchor off Little Cayman and
Cayman Brae, awaiting shuttle
vessels.
The company also has future
commitments for a number of
other tankers for ship-to-ship
transfer. To date, the oil compa-
nies they have been working with
are Occidental Petroleum, Cities
Service, Phillips Petroleum, and
Ashland Oil, and negotiations are
underway with many others.
According to T. Clyde Smith,
vice president of Transportation
Concepts and Techniques, Inc., as
agents for Cayman Energy Ltd.,
the company has become one of
the world's largest ship-to-ship
operators, and still on the increase.
For further information, con-
tact Transportation Concepts and
Techniques, Inc. at 551 Fifth
Avenue, New York, N.Y. 10017.
Samson Sells Marine
Survey Division To
Local Management
Samson Ocean Systems, Inc., 99
High Street, Boston, Mass. 02110,
rope systems and undersea serv-
ices company, has sold its Marine
Survey Division, it has been an-
nounced by Jerry J. Jones, presi-
dent. The new company, Ocean
Surveys, Inc., has been purchased
for an undisclosed price by the
former technical, financial, and
marketing management of the
division. Officers are Alan Bieber,
president; Seville Simonds, vice
president and general manager,
and David Bell, vice president,
marketing.
Mr. Jones noted the decision
is in keeping with Samson's pol-
icy of concentrating its business
on mooring systems and under-
sea services, including commer-
cial diving. In contrast, the busi-
ness of the Marine Survey Divi-
sion had been the gathering of
engineering site information for
marine construction.
Ocean Surveys, Inc. will con-
tinue to operate from its present
location in Old Saybrook, Conn.
The new company will acquire all
the division's ongoing business,
assets, equipment, and personnel
from Samson Ocean Systems, Inc.
Ocean Surveys, Inc. is presently
involved in several projects in the
Middle East, Latin America, the
Caribbean, and the United States.
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