Page 23: of Maritime Reporter Magazine (September 1978)

Salen & Wicander Opens

Office In United States

Salen & Wicander AB of Stock- holm, Sweden, has announced the formation of an affiliated company in the United States to be known as Salwico, Inc., with offices at 77

River Street, Hoboken, N.J. 07030, phone (201) 420-0040. The new company will be under the direc- tion of Jack C. Ellsworth, presi- dent. Mr. Ellsworth was formerly vice president of Penco Division,

Hudson Engineering Co. for 13 years, and previously sales man- ager of Aqua-Chem, Inc. for six years.

Jack C. Ellsworth

Salwico, Inc. will be responsi- ble for sales and service in the

United States and Canada of Sal- en & Wicander AB products such as GUNCLEAN Tank Cleaning

Equipment, which is also suitable for crude washing in accordance with IMCO requirements, and the

Salwico Oil Pollution Monitor for ballast and bilge water oil content monitoring; also, NEPTUMATIC

Waste Water & Sewage Treat- ment Systems, and PPMATIC

Bilge Water Oil Separators which feature a unique, nonconsumable filter material.

Salwico, Inc. will also market the HOWDEN Inert Gas Systems,

SAAB Sum-21 for measuring ul- lage of cargoes aboard ships, and the SIWERTELL Ship Unloader, featuring a vertical screw con- veyor with a patented counter ro- tating feeder unit.

Zapata Corporation

Announces Senior

Management Promotions

Zapata Corporation, Houston,

Texas, has announced that Ronald

C. Lassiter has been elected pres- ident and chief operating officer of the company. The company said that William M. McCune has been named an executive vice president.

Zapata said that its mining, fish- ing and shipping divisions will re- port directly to Mr. Lassiter, who most recently served as the com- pany's senior executive vice pres- ident-natural resource products.

Mr. McCune, formerly Zapata's senior vice president-construction, will report to Mr. Lassiter, with responsibility for the company's offshore drilling, marine service, and construction operations.

In announcing the promotions,

William H. Flynn, Zapata chair- man and chief executive officer,

September 1, 1978 25 said the naming of Mr. Lassiter as president will consolidate the company's businesses under one chief operating officer.

Mr. Lassiter joined Zapata in 1970 as senior vice president- corporate development. He was named executive vice president in 1971, and became a director and chief operating officer of the na- tural resource products group in 1974. A native of Houston, Mr.

Lassiter holds a B.A. degree from Rice University and an

MBA degree from Harvard Busi- ness School.

Mr. McCune has been associ- ated with Zapata's principal con- struction subsidiary and its pred- ecessor companies for 30 years.

He has been president of Zapata

Constructors, Inc. since 1971, the same year in which he was named a vice president of Zapata Corpo- ration. Mr. McCune is a native of

Los Angeles, Calif.

Zapata Corporation (NYSE) provides diversified natural re- source services and products around the world. Its businesses include offshore drilling, marine services, petroleum exploration, bulk shipping; coal and copper mining; menhaden, anchovy and tuna fishing; and construction and dredging. « We think there's a better way to protect shipments than relying on buyer's insurance? "We caution our clients not to rely on their buyer's insurance for their cargo shipments, because they have no control over it. Sure, it's easier sometimes, and there may be less paperwork. There's no problem until there's a loss. Then there might be all kinds of problems. You never know what's on the receiving end as far as insurance goes or what the terms and conditions are. It can be a big hassle in both time and money. From that standpoint, we can help our clients eliminate those hassles and make sure they have the best coverage available—from transit to warehousing to profit protection."

Working from a client's point of view is our way.

That means working as allies, solving business problems together. Allies such as Vern Gust, chair- man of our National Marine Group. In over 110 cities here and overseas, our local Marine Coordinators have both the know-how and the access to all regular and specialty markets to put together any marine program you may require. Our coordinated operation brings clients up-to-the-minute counsel- ing in every area —from collision liability to pollution laws, from subrogation and recoveries to product packaging, from bumbershoots to deductibles.

We think our dedication to acting as an ally of the clients we represent is a big reason why A&A has become a worldwide leader in the insurance brokerage and financial services business. We have the facilities, expertise and « UwaiwW strength to act as effective allies. ^/WeXailQer

We work from the client's point OA|fiY^nHfir of view, whether the corporation is large or small. The Allies

Vern Gust, vice president, tells how A&A works from a client's point of view: