Page 8: of Maritime Reporter Magazine (October 1992)

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American Commercial Lines

Announces Restructuring

American Commercial Lines Inc. (ACL) of Jeffersonville, Ind., an- nounced that the company has streamlined its management struc- ture and consolidated administra- tive functions as part of an ongoing organizational review.

The change results in a loss of 110 shoreside positions. Sixty posi- tions were eliminated from its head- quarters, 27 positions were elimi- nated from its New Orleans base, and the rest were cut from other outlying areas.

The new organization, designed to increase efficiency of ACL opera- tions and responsiveness to custom- ers, focuses on eliminating work redundancies and reducing layers of staff to improve information flow and to speed decision-making. "Conditions make it clear that we must reduce our cost structure to improve our return," said ACL's CEO

Michael C. Hagan.

Members of the ACL senior man- agement team include: Daniel J.

Marquitz, senior vice president of sales, marketing and distribution services; Robert W. Greene, presi- dent of American Commercial Ma- rine Service Co. (ACMS); Michael

A. Khouri, senior vice president and general council; William N.

Whitlock, senior vice president of transportation services; and James

J. Wolff, senior vice president of finance and administration.

ACL is a wholly owned subsid- iary of CSX Corp., and operates the nation's largest fleet of inland river barges and towing vessels.

Kirby Buys $9.3 Million

Tank Barge And Tug Unit

Kirby's transportation division purchased a 160,000 barrel, double- hull offshore tank barge and tug unit for $9.3 million. The tug and barge meet all OPA 90 requirements and are on charter until Spring of 1993. The transportation unit also bought five inland towboats for $ 1.65 million.

Kvaerner Shipyard

Takeover Postponed

Kvaerner's takeover of eastern

German Warnow-Werft GmbH shipyard has been delayed because the Treuhandanstalt privatization agency finds Kvaerner's conditions unacceptable. Details on the condi- tions demanded by Kvaerner were not released. The Norwegian com- pany has offered to invest between $426 million to $497 million into the shipyard.

Samsung Wins $200 Million

Contract For German Ships

Samsung Heavy Industries based in Seoul, South Korea, has won or- ders to build two container ships of 2,700 TEUs each for $100 million, from Germany's Schiffahrts-

Gesellschaft Seeve GmbH.

Samsung Heavy Industries, a unit of Samsung Group, said the

German concern has an option for another ship, with the final deci- sion expected within a month. The two ships already ordered are due to be delivered at the end of 1993.

Bender Shipbuilding

Awarded Modification

Contracts For Two Vessels

Bender Shipbuilding & Repair

Co., Inc., has been awarded con- tracts for Ship Enhancement Fea- tures modifications on the S.S. Cali- fornia and S.S. Santa Ana. Both vessels are 565-foot cargo ships.

The combined work on the two vessels is expected to take about 200 days, employing about 75 workers.

Bender is a full-service shipyard that has built, converted and re- paired vessels for commercial and governmental owners and opera- tors for over 70 years.

For more information describing the facilities and services provided by Bender Shipbuilding,

Circle 115 on Reader Service Card

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Offices in 159 Major Ports

Corporate Office: Two World Trade Center, 106th Floor. New York, NY, USA 10048

Telephone: (212) 839-5000 Telex: 232099 ABNY UR Fax:(212)839-5130 10 Circle 203 on Reader Service Card

When an angry sea turns into towering mountains of water, the last thing you want to doubt is your Emergency Position Indicating

Radio Beacon (EPIRB). ACR leaves no doubt. From recreational to commercial beacons, every ACR unit has to meet our own rigid stan- dards before it goes to sea. Standards that exceed those of worldwide marine authorities. That's why ACR is the most-selected EPIRB for commercial, military and recreational vessels throughout the world.

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.