Page 88: of Maritime Reporter Magazine (November 1993)

Captain Okkie Grapow

Grapow Elected President

Of ISU

Captain Okkert E. Grapow has been elected president of the Inter- national Salvage Union (ISU). For- merly ISU's vice president, Capt.

Grapow succeeds Klaas J.

Reiningert, managing director of

Smit Tak BV.

Capt. Grapow is chairman of

Pentow Marine, the major South

African marine salvage company.

He first went to sea in the 1950s, received his master's certificate in 1964 and his extra master's certifi- cate in 1969. Following a brief pe- riod with South African Lines, he joined Marine Diamond Corpora- tion.

During this period, he gained command experience and was en- gaged in the operation of a large fleet of ocean mining vessels, tugs and support craft.

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In 1973, Capt. Grapow joined

Safmarine and played a leading role in the formation of Pentow in 1986.

He has been an active participant in the affairs of the ISU and has served on the organization's executive com- mittee since 1986.

In related news, ISU executive commitee member J.A. Witte has been named that organization's vice president.

Mr. Witte is president and CEO of the American salvage and envi- ronmental services company Donjon

Marine Co. Inc.

Also, Michael J. Lacey, of so- licitors Fox & Gibbons Williamson

Horrocks, has been appointed spe- cial adviser to the ISU. Mr. Lacey has been closely involved in ISU affairs for over 15 years.

The International Salvage Union is an association of the world's lead- ing marine salvage contractors.

There are currently 44 member com- panies of the ISU, based in 30 coun- tries.

New Astilleros Espanoles

President Appointed To

Replace Departing Saez

The board of directors of the

Institute Nacional de Industria (INI) has appointed Carlos Martinez de

Albornoz chairman and CEO of

Astilleros Espanoles, SA and its group of companies.

The state-owned holding com- pany INI is the main shareholder of

Astilleros Espanoles SA and its group.

Mr. Martinez de Albornoz, a civil engineer with a doctorate in engineering from the University of

Glasgow, Scotland, was since 1990 chairman and CEO of Auxini, a con- struction company in the INI group.

In those three years, Auxini experi- enced significant success, risingfrom losses of $38.37 million in FY '89 to an $11.5 million profit in 1992.

Mr. Martinez de Albornoz is well-known in the shipbuilding in- dustry, having been executive vice president of Astilleros Espanoles be- tween 1988 and 1990, just before taking over Auxini.

His former responsibilities as ex- ecutive vice president of Astilleros

Espanoles included the Industrial

Division, comprising offshore build- ings and the Astano (in Ferrol) and

Barreras (in Vigo) yards.

Before joining Astilleros

Espanoles, Mr. Martinez de

Albornoz had been executive vice president for the Industrial and Spe- cial Projects and Offshore Construc- tion division of Dragados y

Construcciones, reportedly the lead- ing Spanish Construction company.

Mr. Martinez de Albornoz re- places Juan Saez, who recently joined the Spanish national airline,

Iberia.

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