Page 108: of Maritime Reporter Magazine (November 1998)

PEOPLE & COMPANY NEWS

AAPA And MarAd Update Port Risk

Guide

The Port Risk Management and Insurance

Guidebook is a resource for risk management professionals at public ports authored original- ly in 1985 and updated in 1998 by the American

Association of Port Authorities (AAPA) and the

Maritime Administration (MarAd).

The guidebook, written from the port's per- spective and geared toward the basics of insur- ance and risk management, is designed to serve as a practical "how-to" manual and educational reference text for experienced port risk man- agers and other industry representatives.

VDMA Marine Directory Now

On CD-ROM

The 1998/99 version of the German Marine

Equipment Directory is now available on

CD-ROM. The directo- ry includes the top

German marine and offshore equipment manufacturers with their complete addresses, contacts, foreign representations as well as production

DEUTSCHE SCHIFFBAU- UND

OFFSHORE-ZULIEFERINOUSTRIE

KATALOG 98/99

E* program and web link. Supplier information such as product description and pictures is also included.

Circle 32 on Reader Service Card

GLM Software Addresses HBL

Hydrostatic balance loading (HBL), the load- ing of petroleum cargo at reduced levels to min- imize outflow in case of grounding, requires cal- culations to determine not only the required levels of loading but also how the ship's stabili- ty is affected.

Creative Systems, Inc. has added the ability to plan, simulate and calculate hydrostatic bal- ance loading (HBL) to its software General

Load Monitor (GLM). GLM is an on-board ver- sion of the General Hydrostatics software used by naval architects.

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Southwest Marine Acquires

NORSHIPCO

Southwest Marine has officially acquired

Norfolk Shipbuilding & Drydock Corp. (NOR-

SHIPCO). The Norfolk Va. shipyard joins

Southwest Marine's existing facilities in San

Diego, San Pedro and San Francisco, Calif., and

Ingleside, Tex. It is reported that the transac- tion will raise Southwest Marine's annual rev- enues to approximately $400 million.

Kort Nozzles

All Sizes

We Build To Customer Drawing

And Specifications

Certification Upon Request "Made In The USA"

For A Brochure Write Or Call:

Custom Nozzle

Fabrication/CNF

P.O. Box 547

Pascagoula, MS 39568 (601) 762-4612

Fax: (601) 769-0558

Stolt Parcel Tankers Wins Safely

Award

Circle 241 on Reader Service Card

From left to right: Gerhard E. Kurz, president of Mobil Shipping and Transportation Co.; Archibald N. Stewart, chairman of

International Registries, Inc.; and Samuel A. Cooperman, presi- dent and CEO of Stolt Parcel Tankers, Inc.

Stolt Parcel Tankers, Inc. a subsidiary of

Stolt-Nielsen S.A. has been awarded the 1998

McGuire Safety Award for its high standards of seamanship, vessel maintenance, crew training and safe operation.

The award was presented to Samuel A.

Cooperman, president and CEO of Stolt

Parcel Tankers, by Gerhard E. Kurz, presi- dent of Mobil Shipping and Transportation

Company, who was last year's winner.

Candidates for the award are nominated each year by representatives of the International

Association of Classification Societies (LACS).

Stolt-Nielsen Hit Hard in 3Q

Stolt-Nielsen S.A. reported a net income for the latest quarter of $24.1 mil- lion, on net operating revenue of $478.4 million, compared with net income of $40.1 million on net operating revenue of $415.6 million for the third quarter of 1997.

Net income for the nine-month period ended August 31, 1998 was $82.2 million on net operating revenue of $1,294.4 mil- lion. This compares with net income of $93.9 million on net operating revenue of $1,121.1 million for the same period in 1997. Commenting on the results,

Christopher J. Wright, president of

Stolt-Nielsen S.A., said, "During the third quarter the results of Stolt-Nielsen

Transportation Group deteriorated but

Stolt Comex Seaway had a record quarter- ly profit and Stolt Sea Farm continued its improvement."

YG Earns Short Course Approval

YG Consultants have been approved by the Bahamas Maritime Authority for the following STCW95 training courses: crowd management; safety training for person- nel providing direct service to passengers; passenger safety, cargo safety and hull integrity training; and crisis management and human behavior training. YG

Consultants is now seeking U.K. Maritime and Coast Guard Agency approval.

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Maritime Reporter/Engineering News

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