Page 33: of Maritime Reporter Magazine (February 1995)
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Trinity Marine Growth
Prompts Executive Changes
Senior vice presidents Vincent
R. Almerico and Daniel J.
Mortimer of the Trinity Marine
Group have received new responsi- bilities as a result of continuing growth and new opportunities. Mr.
Almerico will serve as senior vice president of development, his responsibilites including joint ven- tures, foreign co-production, new aquisitions and involvement in U.S. government contracts. Mr.
Mortimer will take over Mr.
Almerico's responsibilities for
Trinity's nine open "blue water" shipyards. commodates our needs, while main- taining the company's commitment to high safety and environmental standards."
Also in late 1993, Texaco an- nounced its acquisition of a 30 per- cent interest in Nigeria's Oil Pros- pecting Licenses 213, 217 and 218 from Statoil and British Petroleum.
This agreement commits Texaco to spend approximately $80 million over the next five years for explora- tion activities.
Statoil and BP will each hold a 35 percent interest after the Nigerian government formally approves the assignment.
Texaco's alliance with Stena and investment in Nigerian oil are part of the company's worldwide growth plan to improve its competitiveness and profitability.
For more information on Texaco
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New West Coast Marine
Crane Company Formed
Former steel company executive
Hal Uppal and an investor group have acquired the assets of Seattle
Crane and Equipment Co., and will operate the business through a newly formed company, North
American Crane & Equipment Com- pany, L.L.C. Mr. Uppal said that
Seattle Crane's good reputation and quality production were stifled by financial constraints. North Ameri- can Crane & Equipment will con- tinue to design, manufacture and service marine cranes, as well as sell and rent truck mounted cranes and refuse, sewer cleaning and in- spection equipment. North Ameri- can Crane & Equipment will be lo- cated in Milton, Wash, with Mr.
Uppal serving as managing direc- tor, and Ed Higuera, also an inves- tor and former steel industry execu- tive, as director of operations.
For more information on
North American Crane & Equipment
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Chris-Marine Appoints
Cronhamm As Manager
Chris-Marine West Coast has ap- pointedLennart E. W. Cronhamm as operations manager for its new diesel engine repair and sales office in the Tacoma-Seattle area. Chris-
Marine designs and manufactures diesel engine maintenance equip- ment. The Tacoma-Seattle office per- forms regular diesel engine service as well as emergency repairs.
For more information on Chris-Marine
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Seattle Firm To Analyze
International Cruise Ferry
Service In Mexico
The Maritime Group, Inc. of Se- attle, Wash, was selected by Calizas
Industriales del Carmen, S.A. de
C.V. (Calica) of Mexico City to assist in the development of international cruise ferry service and operations from the new marine terminal at
Port of Punta, Vendo, Mexico. The port, located on the Yucatan Penin- sula approximately five miles south of Playa del Carmen, and only 11 miles across the Cozumel Channel from Cozumel Island, has a safe deep water berth. Bulk ships of 60,000 gt presently use the port for the shipment of limestone aggre- gate.
The Maritime Group, Inc. is a consultancy for the research and development of new cruise, ferry and port projects, and is also in- volved in developing a project for an
Inside Passage cruise ferry route between Seattle and Victoria, Brit- ish Columbia.
For more information on
The Maritime Group, Inc.
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Texaco Announces New
Alliance and Investment
In late December of 1993, Texaco signed an agreement with Swedish marine company, Stena, creating a strategic alliance to coordinate
Texaco's international marine trans- portation requirements. This alli- ance is to be completed in the first quarter of 1995.
Stena will assume the manage- ment of all vessels comprising
Texaco's international fleet. A SO-
SO joint company, Stentex, has also been formed to administer Texaco's barrels of annual international crude and product movement re- quirements. Commenting on the alliance, Texaco Inc. Senior Vice
President C. Robert Black said, "This alliance enables Texaco to con- tinue to have access to cost competi- tive marine transportation that ac-
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