Kurz to be Honored with Award

Tuesday, November 26, 2002
Seafarers' House at Port Everglades, Florida, announces plans to recognize Gerhard E. Kurz as the 2003 recipient of the International Golden Compass Award. Gerhard E. Kurz, Chairman, President and Chief Executive Officer of Seabulk International will be honored for his outstanding contributions to the maritime industry at this year's prestigious gala dinner in Fort Lauderdale, April 5, 2003. Gerhard E. Kurz was named Chief Executive Officer and a Director in April 2000, President in September 2000, and Chairman of the Board in September 2002. Widely recognized within the international maritime industry, Mr. Kurz was formerly President of Mobil Shipping and Transportation Company (MOSAT), a Mobil Oil-affiliated company, from which he retired in March 2000.

People & Company News

Japanese Yards Mull Shipbuilding Alliance

Four major Japanese shipbuilders are in discussions to form an alliance in hopes of riding out the industry slump.   Mitsubishi Heavy Industries, Ltd. (MHI) announced

MN100: Scienco/FAST

The Company: Scienco/FAST is an original equipment manufacturer specializing in marine sewage devices, environmentally-friendly cleaners and other industrial water management technologies.

MN100: MOPS Marine License Insurance

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Contracts

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said,

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

 
 
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