Page 73: of Maritime Reporter Magazine (October 2003)

Circle 252 on Reader Service Card

Transport Minister David Collenette announced the appointment of Roger

Flood of St. John's, Newfoundland and

Labrador, as the president and CEO of

Marine Atlantic Inc. Flood currently serves as the president of Day and Ross (Nfld.) Ltd., a freight trucking compa- ny, where he is responsible for person- nel, administration, and the daily opera- tions of the company Marine Atlantic is a Crown corporation that provides con- stitutional ferry services between

Newfoundland and Labrador and Nova

Scotia.

Statoil's Chairman Resigns

On September 21, Leif Terje

L0ddes0l informed the head of Statoil's corporate assembly and the board of directors that he is withdrawing with immediate effect from his position as chairman and member of Statoil's board of directors. The way in which the debate about Statoil has developed recently has caused him to take the view that his possibility for efficiently leading the board has been weakened. He believes that in the best interests of

Statoil, a new chair should be elected.

Ocean wide Appoints New

Management

Oceanwide announced a new manage- ment structure for Oceanwide

Netherlands, Oceanwide Baltics and

Oceanwide Offshore Services, effective immediately. Oceanwide Netherlands has appointed Jan Hessel Dijkstra as its new Managing Director. Oceanwide

Baltics' new Managing Director is

Galina Raspopova. Leendert van

Halst who was appointed Director

Maritime Division last year, will head up Oceanwide globally and will be responsible for the strategic direction of

Oceanwide.

Transas HQ Moved to Ireland

As of July 2003, the International

Headquarters of the marine IT specialist,

Transas, has moved to Cork, Ireland.

The move to Ireland is a logical conse- quence of the company's ongoing expansion into international markets.

Today Transas is represented in some 90 countries worldwide with more Transas offices to be established within the com- ing months. As the center of interna- tional commercial operations Ireland has the advantage of being located in the euro zone and offers a strong base of experienced, well-educated personnel from which lo staff its operations.

Hornbeck Offshore IPO Filing

Hornbeck Offshore Services has filed a registration statement with the

Securities and Exchange Commission relat- ing to a proposed ini- tial public offering of its common stock.

Hornbeck Offshore plans to use the nel proceeds to the

Company from the proposed offer- ing to fund a portion of the costs of the construction of ocean-going, double- hulled tank barges, the retrofit of certain existing vessels, possible future acquisi- tions or additional new vessel construc- tion, and for general corporate purposes.

The underwriting group will be co-led by Goldman, Sachs & Co. and Jefferies & Company, Inc., with Goldman Sachs & Co. acting as sole book-runner.

Simmons & Company International and

Johnson Rice & Company, L.L.C. will act as co-managers.

FBM Babcock Promotes Three

FBM Babcock Marine Ltd. has appointed Nick Pearson as commercial manager and Craig Patrick has joined the company as sales manager for com- mercial vessels. Pearson has joined

FBM Babcock Marine from Three

Quays Marine Services where he was business development manager and

Patrick has joined FBM Babcock

Marine from Maritime Dynamics where he was their sales manager At the same time as announcing these new appoint- ments, Derek Hughes has moved to be

ANCHORS

CHAINS

WDRTELBOER sup- p o r t services coordinator, responsible for FBM

Babcock Marine's spares business.

Driscoll Godmother of RCCL Ship

Royal Caribbean International has announced that Jean Driscoll world- class athlete, Olympian, Paralympian and international advocate for persons with disabilities — will serve as god- mother to the line's newest ship. Mariner of the Seas, which debuts later this year.

As godmother, Driscoll will officially give the ship its name during cere- monies in Port Canaveral, Fla., on Nov. 14, 2003.

Saporito Named Manager of Port

Authority's NJ Marine Terminals

Andrew Saporito, a 22-year Port

Authority veteran, has been named man- ager of the New Jersey Marine

Tel.: +31 (0)10 429 2222

Fax: +31 (0)10 429 6459 [email protected] www.wortelboer.nl

Terminals.

In his new position, Saporito will manage the opera- tions, maintenance, con struction and tenant service activities for the 2,300-acre New

Jersey Marine Terminal. The terminal includes Port Newark, the Elizabeth-

Port Authority Marine Terminal, and the

Auto Marine Terminal.

He manages a staff of 85 employees, who perform operations, maintenance, technical, support and administration functions.

Circle 324 on Reader Service Card

PROBLEM

Conventional oil and water don't mix, which is bad news if water should enter a stern tube.

The lubrication provided to the shaft and bearings will be of a very poor standard.

THE RESULT? Interrupted schedules and expensive repairs and maintenance.

Hydrox forms stable emulsions which continue to provide effective lubrication even when significant quantities of water are present in the stern tube.

THE RESULT?

Protection of shaft and bearings from wear and corrosion. No interruption to sailing schedules.

And no expensive unplanned maintenance.

ENGINE OIL + 20% Water

HYDROX + 20% Water

SEND FOR DETAILS TODAY

Benjn R Vickers & Sons Ltd.

Airedale Mills, 6 Clarence Road,

Leeds LS10 1ND England

Tel: +44(0)113 386 7654

Fax: +44(0)113 386 7676 email: [email protected] www.vickers-oil.com

HYDROX.

You can rely on it. Insist on it.

October 2003 71