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Paul Revere News

29 Jan 2003

NEWS:SeaRiver Exits Inland Operations

National Steel and Shipbuilding Company (NASSCO) reached an agreement with SeaRiver Maritime, Inc. to develop a contract design for a 750,000-barrel capacity, double-hull crude oil tanker. Included with the contract design package will be NASSCO's price and delivery proposal for the detail design and construction of a minimum of two vessels. The SeaRiver tankers will be designed primarily for the movement of crude oil from Alaska to West Coat refineries. Work on the contract design will begin immediately and will be delivered by September 2003. Subject to SeaRiver's acceptance of NASSCO's proposed price and delivery schedule, the agreement is expected to lead to a detail design and construction contract by the end of 2003.

30 Apr 2001

ABS Elects Kurz And Kwok To Board Of Directors

Gerhard E. Kurz, president and CEO, Seabulk International, Inc. and Joseph Kwok, COO, Neptune Orient Lines Ltd. were elected to the ABS Board of Directors, by the ABS Council, following the recent Annual Members Meeting of the classification society in New York. Kurz is responsible for the revitalization of Seabulk International, Inc. (formerly Hvide Marine Inc.), and Kwok is COO of the NOL group of companies and also its CEO of chartering. He is responsible for the entire group's fleet operations. Also elected to the ABS Council at the Annual meeting were Choo Chian Beng, chairman and managing director, Keppel FELS; Mustafa A. Jalali, president and CEO, Aramco Services Company; Dr. Frank F.H. Lu, chairman, Taiwan Navigation Co.; and A.P. (Paul) Revere, president, Sea River Maritime.