Stolt-Nielsen To Move
Shipowning Division
To Houston, Texas
Stolt Tankers and Terminals
(Holdings) S.A. recently announced
that it will relocate its Shipowning
Division from Panama City, Fla., to
Houston, Texas. The Port of Hous-
ton has grown steadily to become
one of Stolt-Nielsen's most active
tanker ports of call, and in addition
is the site for Stolthaven, the
company's main Owner's Berth cargo
consolidation terminal in the U.S.,
as well as the hub of the U.S. Gulf
barge and rail activity. Shipowning
will relocate to a new building adja-
cent to the Stolthaven Houston fa-
cility. The move will be completed
by mid-1992.
The Shipowning Division pro-
vides crewing, repair, provision, and
insurance services to the majority of
the Stolt Tankers fleet, including all
of the company-owned ships. The
move to Houston will put this staff
nearer to the ships they serve and
improve communication between sea
and shore personnel. Since all the
other Stolt businesses already have
an established presence in the port,
the addition of Shipowning should
further enhance customer service.
"Shipowning moved to Panama
City from Greenwich, Conn., in 1986
to reduce the overhead of the divi-
sion," said Stanley Symon, execu-
tive vice president of Shipowning.
"The move did cut costs as expected.
After only five years, however, it
was increasingly apparent that the
staff was somewhat isolated from
the company's other businesses. In
addition, we recognized the need for
the outside professional contracts
available only in a major chemical
shipping and maritime center like
Houston."
LIFT-DOCK! It takes care of every ship.
SCHIESS-DEFRIES GMBH • P.O. Box 14 64 D-4030 Ratingen 1 • Phone 02102/92-05
Circle 260 on Reader Service Card
LENTJES CROUP
Fax 02102/92-4500 • Telex 8585214-5
1100 Walnut St., Roselle, NJ 07203, Tel 908-241-3535/Fax 908-353-8090
651 Richard St., Suite 28, New Orleans, LA 70130
Tel 504-522-8942/Fax 504-522-8943
No rust, no corrosion, no maintenance.
Call toll-free: 1-800-231-0115
International Grating, Inc.
7625 Parkhurst • Houston, Texas 77028
General Motors
Locomotive Group
Appoints Lagomarcino
Mark A. Lagomarcino has been
appointed manager, Power Products
Service. Mr. Lagomarcino will be
responsible for coordinating the
power, marine and industrial ser-
vice activities in support of the com-
mercial department.
Marine Electric RPD
To Supply P/A System
For Coastal Patrol Craft
Marine Electric RPD, Inc., Clifton,
N.J., was recently awarded a con-
tract by Bollinger Machine Shop &
Shipyard, Lockport, La., to supply
the public address (P/A) system for
the Navy's new class of Coastal Pa-
trol Boats (PBCs).
Marine Electric RD, Inc., is a lead-
ing designer and manufacturer of
military and commercial shipboard
salinity and temperature monitor-
ing, public address and intercom
systems, engine room and wheel-
house alarm panels and power sup-
port equipment.
The company has been supplying
the U.S. Navy and commercial mar-
ket for over 40 years.
For free literature detailing the
extensive line of equipment offered
by Marine Electric RPD,
Circle 62 on Reader Service Card
MarAd Sells LASH Vessel
To Coastal Barge Corp.
For $3.38 Million
The Maritime Subsidy Board has
sold the LASH vessel American Vet-
eran to Coastal Barge Corp., a Dela-
ware corporation, for operation in
compliance with provisions of the
Merchant Marine Act of 1936, as
amended. The sale, for $3,380,000
was on an "as is, where is" basis and
includes the transfer of all obliga-
tions on the vessel to the purchaser.
The vessel was built in 1973 with
the aid of construction subsidy for
Pacific Far East Line, Inc. It was
subsequently transferred to Farrell
Lines, Inc., in 1976 and United
States Lines in 1982. MarAd ac-
quired the vessel last year.
Circle 261 on Reader Service Card Circle 262 on Reader Service Card
34 Maritime Reporter/Engineering News
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