Page 50: of Maritime Reporter Magazine (September 2003)

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Taylor Chairman of Tidewater

Dean E. Taylor has been elected as Chairman of

Tidewater Inc.'s Board of Directors. Taylor, who has served as president and CEO of the company since

October 2001 and March 2002, respectively, will con- tinue to retain those positions in addition to his new post.

VT Halter Marine CEO to Speak in New Orleans

Ret. Gen. Boyd "Butch" E. King. CEO. VT Halter

Marine will deliver a keynote address at the

International WorkBoat Show. King will speak at the

Ernest N. Morial Convention Center on December 3, 2003 at 12:30 p.m.

Pascoe Appointed Chief at EISCR

The Liberian Registry has appointed Captain David

Pascoe as Chief, Maritime Operations & Standards.

Pascoe will have overall responsibility for Maritime

Safety, Security, Investigations and Marine Technical and Communications.

Griffin Marine, Instone Intl. form Griffin Americas

The U.S. operations of Griffin Marine Travel and

Instone International Americas will merge, creating one of the of the largest competitive provider of crew travel management services in North America. The chief officers of Griffin Americas will be Robert B.

Westendarp, CEO and Rod Vamosi. COO

Northrop Grumman VP joins HSLA Board

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Business Development, Northrop Grumman. Kakalec will become HSLA's 12th board member.

Port Of Canaveral Adds New Directors

Continued growth and organizational restructuring has prompted the Canaveral Port Authority to add three new staff directors, including two newly created posi- tions. Margi Starkey. the former assistant director of

Finance, has been promoted to the new position of

Director of Accounting: Jerry Simon, the former

Chief of Security, has been promoted to the new posi- tion of Director of Security in a reorganization of the

Operations Department: and Mark Blake, a former construction engineer with the North Carolina State

Port Authority, joins the staff as the new Director of

Construction. He replaces Richard Lombroia.

Senesco Wins NY Ferry Terminal Contract

Senesco Marine is also working on a piece of a major construction project in New York City — the building of the Pier 79 Ferry Terminal. Senesco Marine has been contracted to build three of the main passenger floats for the Pier 79 Terminal. When complete, the passenger floats will be 104 x 35 ft. (31.6 x 10.6 m).

Sonsub and Torch Offshore Sign Frame Agreement

Sonsub has signed a one year Frame Agreement with

Torch Offshore. L.L.C to provide ROV support onboard the Midnight Wrangler. The agreement calls for Sonsub to supply its 200 hp. in-house designed and built Innovator work class ROV with a depth rating of 3,000 m.

Laurin Maritime to Utilize Bass' SAFIR

BASS reported that Laurin Maritime has signed an agreement for delivery of SAFIR for optimizing the administration of reporting according to the chapter nine of the ISM code. Laurin Maritime will also utilize the system further by including internal audits, inspec- tions and other company specific procedures.

SUNY Maritime Goes International

In its efforts to make quality education more conven- ient and cost effective, the SUNY Maritime College will begin offering its Masters Degree in International

Transportation Management on-line beginning with the spring 2004 semester. For Course descriptions and more information about these classes can be found on- line at

PMI to Train AMHS Personnel

Pacific Maritime Institute (PMI), the West Coast affiliate of the Maritime Institute of Technology and

Graduate Studies (MITAGS) will be providing Fast

Rescue Boat training for marine personnel of the

Alaska Marine Highway System (AMHS).

CP Ships Commits to Newbuild Charters

CP Ships Ltd. has signed an agreement to the long- term charter of nine 4,250 teu newly built container- ships from Seaspan Container Lines for a term of up to ten years. Scheduled for delivery between late 2005 and early 2007, the ships will be built by Samsung

Heavy Industries of Korea.

Conrad Reports 2Q Results

Conrad Industries reported a net loss of $726,000 for the three months ended June 30, 2003 compared to net income of $300,000 for the second quarter of 2002.

The loss for the six months ended June 30, 2003 was $1.05 million compared to net income before a cumu- lative effect of a change in accounting principle of $758,000 and earnings before a cumulative effect of a change in accounting principle per diluted share of $0.10 for the first six months of 2002.

OSG Reports Record First Half Results

Overseas Shipholding Group, Inc. reported $86 mil- lion of net income for the first six months of 2003, the highest earnings during the first six months of any year in the company's history.

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