Houston Natural Gas Corporation (HNG) has acquired Pott Industries Inc. of St. Louis, Mo., through a tax-free exchange of 4,881,046 shares of HNG common stock for all of Pott's common and preferred stock outstanding.
Pott will continue to headquarter in St. Louis and will be operated under its present management as a wholly owned HNG subsidiary. Pott has approximately 3,000 employees worldwide.
H.T. Pott will remain chairman of the Pott board of directors and Richard P. Conerly will continue as president. Mr. Conerly also will become a director of HNG.
Pott and its subsidiaries are energy-related companies engaged in marine transportation and services to the offshore petroleum industry; construction and repair of towboats, barges, dredges, oceangoing tugs and supply boats; and marine t r a n s p o r t a t i o n on United States inland and intracoastal waterways.
Pott's Offshore Marine Services Division, which headquarters in New Orleans, La., includes Gulf Mississippi Marine Corporation, DeFelice Marine Contractors, Inc., and several foreign subsidiaries.
While the Division operates worldwide, its primary operations are in the Gulf of Mexico, the Middle East and the North Sea. Another subsidiary, Quality Equipment, Inc. of Houma, La., constructs tugs and supply boats for the offshore petroleum services industry.
The St. Louis Ship Division's operations include a major inland shipbuilding and repair facility in St. Louis; Caruthersville Shipyard, Inc., Caruthersville, Mo.; Paducah Marine Ways, Inc., Paducah, Ky.; and Engineering Control, Inc., which designs and sells heat recovery systems. An affiliate, Dixie Dredge Corporation, also manufactures dredges at the St. Louis facility.
Federal Barge Lines, one of the larger barge systems in the United States, its subsidiary, Gulf-Canal Lines, and United Barge Co. operate fleets transporting grain, steel, coal and other commodities, primarily on the Mississippi River and its tributaries and Gulf Intracoastal Waterways.
HNG's principal lines of business are intrastate natural gas transmission, oil and gas exploration and production, coal mining, and production and marketing of carbon dioxide and other industrial gases.
8485 E-mail: [email protected] Website: www.kvichak.com CEO/President: Keith Whittemore Number of Employees: 155 The Company: Kvichak Marine Industries Inc. responds quickly to new customer requirements, works with potential customers to develop complete specifications, and ultimately delivers the
, RI 02842 Tel: (401) 851-3824 Email: [email protected] Website: www.kvh.com President & CEO: Martin Kits van Heyningen The Company: KVH Industries is a manufacturer of solutions that provide global high-speed Internet, television, and voice services via satellite to mobile users at sea and on
for their safety and efficiency when working at height. As the equipment evolves, these machines are becoming more versatile and moving into other industries, including the marine market. Telehandlers allow for flexibility in handling goods and materials, particularly in shipyards and shipyard warehouses
hustle and bustle of Wall Street seems so far away." Among the shipbuilders to take advantage of this trend is the Trinity Marine Group, Trinity Industries. The company has delivered one 142-foot yacht to Kathleen and Fred Windridge, who are in the Florida charter yacht business. Soon to be delivered
Inc. in Caruthersville, Mo.; and Paducah Marine Ways Inc. in Paducah, Ky. The three shipyards comprise the Shipbuilding Group of Pott Industries Inc., the largest shipbuilding firm on the inland waterways. Pott Industries Inc., a subsidiary of Houston Natural Gas Corporation, is also engaged
Dock (LSD) vessels being built for the U.S. Navy was christened the USS Comstock (LSD-45) at recent ceremonies at the Shipyards Division of Avondale Industries, Inc., New Orleans, La. Named for a historic mining site in Nevada, the Comstock is 609 feet 7 inches long, with a beam of 84 feet, full load
The Shipyards Division of Avondale Industries, Inc., Avondale, La., recently christened the U.S. Navy's newest fleet oiler, the USNS Leroy Grumman (T-AO-195). The USNS Leroy Grumman, like her sister ships in the T-AO-187 Class, is 677-1/2 feet long, has a beam of 97-1/2 feet, draft of 36 feet and
been appointed president of Pennsylvania Shipbuilding Company. Mr. Marandino was formerly president of the Ingalls Shipbuilding Division of Litton Industries, Inc., and a senior vice president of Litton. John Serrie has been appointed vice president, operations. Mr. Serrie's career in shipbuilding
W. Edward Christiansen Jr. has been appointed vice presidentproduction for the Shipbuilding Group of Pott Industries Inc., according to E. Renshaw, Group president. Mr. Christiansen has had extensive experience in all areas of shipbuilding production from program manager, manager of production contr
John (Jack) J. McCarthy has joined Waukesha Engine Division, Dresser I n d u s t r i e s , Inc., Waukesha, Wis., as director of domestic field sales. In this position, Mr. McCarthy is responsible for the division's distributor organization and regional sales offices in the United States and Canada.
Capt. Alfred J. Tatman, USCG (ret.), has been named East Gulf representative for Bergeron Industries, Inc., William T. Bergeron, executive vice president, announced. Captain Tatman was graduated from the U.S. Coast Guard Academy in 1946 with a Bachelor of Science degree in marine engineering. He
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“The industry is an ecosystem which includes owners, managers, mariners, shipyards, equipment makers, designers, research institutes and class societies: all of them are crucial,” – Eero Lehtovaara, Head of Regulatory & Public Affairs, ABB Marine & Ports All images courtesy ABB Marine and Ports provi
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CRANES & OFFSHORE WIND HLP is developing a crane that will enable tower HLP is developing a crane that will enable pieces to be stacked components such as towers to be stacked in multiple layers on vertically in marshalling areas. installation vessels. HLP is developing a ring crane capable of 6
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