Page 18: of Maritime Reporter Magazine (August 15, 1969)

Transworld Announces Four Key Appointments The election of a chairman, president and two vice-presidents of Transworld Drilling-Company and Transworld Drilling Company, Limited, were announced by F. C. Love, presi-dent, Kerr-McGee Corporation. The Trans-world companies are wholly owned subsid-iaries of Kerr-McGee Corporation. George B. Parks, formerly president and chief executive officer of both Transworld companies, has been elected chairman of the board. He continues as chief executive officer of the Transworld companies and as group vice-president, drilling operations, of the par-ent company. Grier D. Zimmerman, formerly vice-presi-dent of both Transworld companies, has been elected president. Two Transworld executives, Paul Romano, formerly general manager of drilling opera-tions, and J. W. Greely, formerly manager of engineering design and construction, have been elected vice-presidents of both subsidiary companies. Mr. Parks joined Kerr-McGee in 1947. He served as division production superintendent, general production superintendent, manager of the production department and general manager of production and drilling. He was elected vice-president of production and drill-ing in 1956. Since that time he has held the offices of vice-president of oil and gas ex-ploration, vice-president of oil and gas opera-tions and was vice-president of the oil and gas division before becoming Transworld president. Mr. Zimmerman joined Kerr-McGee in 1950 and has been a drilling rig roughneck, pro-duction engineer, chief engineer of the pro-duction department, toolpusher, manager of Gulf Coast offshore drilling and manager of Argentine drilling operations. In 1961. he became general manager of drilling operations and held that position until he became Trans-world vice-president. Mr. Romano came to the company in 1952 and has served as drilling engineer, drilling superintendent, manager of Argentine opera-tions, manager of domestic offshore drilling operations and manager of drilling operations. Mr. Greely joined Kerr-McGee in 1957 as marine superintendent of offshore drilling op-erations and has served as manager of domes-tic offshore-drilling operations and manager of engineering design and construction for Kerr-McGee prior to formation of the Trans-world companies. Transworld Drilling Company and Trans-world Drilling Company, Limited, were formed in 1966 as wholly owned subsidiaries of Kerr-McGee Corporation to conduct do-mestic and international drilling operations, respectively. Dredge Of German Design Ordered From PACECO By McCormack Sand Division A contract to build the first twin-bucket clamshell dredge of German design for sand and gravel production in the U.S. has been awarded Paceco by William J. McCormack, Sand Division of Penn Industries, New York. The huge dredge, scheduled for delivery at Plainsboro, N.J. by mid-1970, can be operated manually or on completely automatic digging cycles for which the operator is required only to start the first cycle. When the dredge is put into operation, the two 7^-cubic-yard capacity clamshell buckets will produce approximately 700-cubic-yards of material per hour. Equipment on the dredge will include two shaking and dewatering screens under which will be two sand screws to eliminate any sand loss. Two hydraulically operated tilting grids also will be included on the dredge. Unlike conventional clamshell dredges, the buckets will operate in two oversized digging wells in the dredge hull. Power for the dredge will be supplied from shore through a 1,000-foot submersible cable. The excavated mate-rial will be transported to shore by a conveyor system. Paceco, a division of Fruehauf Corporation, is under license from Mohr & Federhaff, Ger-many to build and market its line of clamshell dredges in the U.S. World Tanker Tonnage At 133.6 Million DWT The London ship broker firm of Davies and Newman has reported that total world tank-er capacity as of July 1 was 133,616,678 dwt. This figure includes only ships of 7,000 dwt and above. The report showed that 71 vessels, totaling about 7,360,046 dwt, were delivered between January 1 and June 30 of this year. In the same period 47 ships of 718,500 dwt were scrapped, five tankers totaling 83,000 dwt were converted for other uses and two tankers total-ing 32,500 dwt were total losses. Because of changes in the method of recording ships, a direct comparison with the previous report for the period ending December 31, 1968 is not possible. Liberia has the largest fleet, totaling 33.4-million dwt. Following in order was Norway with 17.5-million dwt, Britain with 16.8-mil-lion dwt, Japan with 13.7-million dwt, and the United States with 7.2-million dwt. Another interesting statistic was the age grouping. Tankers built before 1946 formed 3.4 percent of the world fleet, while 1946-1955 represents 13.4 percent, 1956-1965 just under 50 percent and 1966-1969 formed 33.3 percent. Maritime Reporter/Engineering News RODERMOND repairs them all Drydocking ? 4 floating drydocks to 4000 tons capacity 24 Hour Pierside Service Machine Shop Structural Steel Construction IlKMWl IlKMtB it ^^hty 7* (^esiesta^ ^^zzi^h^ FOOT OF HENDERSON STREET, JERSEY CITY, N.J. 07302 201 ? 332-3300 20