Page 20: of Maritime Reporter Magazine (November 15, 1977)

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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Phone: (604) 988-6361 Telex: 04-352532 22 Maritime Reporter/Engineering News