Page 152: of Maritime Reporter Magazine (June 1998)

Aker Maritime

Aker Maritime is one of the largest inter- national companies involved with the safe and profitable exploitation of offshore oil and gas resources. By the year 2000 the company aims to double its revenues com- pared with 1996 and quadruple profits to 1 billion. The company's 1997 report touches on many aspects of their corporate strategy.

These include maintaining their position as the leading supplier of floating production facilities, while continuing to grow in the product area, with an emphasis on organic growth in the equipment companies. Aker will increase its focus on operations, main- tenance and modifications mainly in

Norway and the U.K...

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Kvaerner Masa-Yards

Dresser

Dresser's message has never been more clear:"Energy is our business." The com- pany is the leading global supplier of full- spectrum and discrete products and ser- vices for the oil and natural gas industry.

Through 19 operating units and three joint ventures, Dresser maintains the industry's broadest capabilities. Dresser offers a com- plement of services to arrive at any solu- tion from the drill bit to the gas pump. The company also takes great pride in their commitment to their shareholders and employees, the people who have made them the success story that they are today.

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Kvaerner Masa-Yards

Kvaerner is an international engineering and construction group. With six core business units — shipbuilding (with Kvearner Masa

Yards being world renowned), process, con- struction, oil and gas, metals and pulp and paper — the group is a leader in technology- based engineering, manufacturing and con- struction services for a wide range of indus- tries. Kvaerner is also a key manufacturer and developer of systems and technologies for environment-friendly solutions needed for processing natural resources such as forests, oil, gas, minerals, steel and hydropower.

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Hvide Marine

Based in Port Everglades, Florida, Hvide

Marine is one of the world's leading providers of marine support and transporta- tion services. The company is made up of two sectors. The Marine Support Services division deals primarily in the offshore ener- gy industry; it encompasses Hvide's Seabulk

Offshore subsidiary, the world's third largest operator of oilfield support vessels. Hvide's

Marine Transportation Services division is the leading carrier in the domestic chemical transportation trade. The company also has a large share in transporting petroleum.

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Avondale

Avondale Industries continues to make sub- stantial progress in construction for the maritime industry. The company's opera- tional achievements include six ships in the

Navy's Strategic Sealift program, a new maritime technology center and a contract for up to five 125,000 DWT double hull crude oil carriers for ARCO Marine.

Avondale's goal is to build on these mile- stones and to forge an organization that is equipped for the challenges that lie ahead.

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Exxon

Exxon produces more gas and oil than any other company in the nation. Its plans for the millennium include: continuing safe and reli- able operations; exploring for oil in over 30 countries; maximizing existing oil and gas pro- duction; and increasing sales of high value fuels and specialty products. Exxon has a hand in every promising aspect of the energy field and invests over half a billion dollars a year in research and development.

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J| flexibility

Teekay Shipping Corporation

Founded in 1973 by the late Torben

Karlshoej, Teekay Shipping Corporation owns and manages the world's largest and most modern fleet of medium-sized tankers. Since its inception the company has established a reputation for excellence as a provider of quality transportation ser- vices to the oil industry. Teekay operates primarily in the Indo-Pacific Basin, main- taining a continuous presence in the world tanker market.

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Port of Portland

A booming economy is what the Port of

Portland has achieved. Recent advance- ments to the Port's facilities and services have made it an international center for trade and transportation. Each day, more trans-Pacific carriers call Portland to take advantage of the excellent selection of cost-competitive transportation options to all parts of the world. This selection and the volume of containers moving through the Port of Portland have made it the 15 th largest container port in the U.S.

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