Page 8: of Maritime Reporter Magazine (October 1992)

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,

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