CIBRO Petroleum, a major industrial fuel oil marketer headquartered in New York City, has announced construction is underway at Todd Shipyards Corporation, Houston Division, for the newest addition to its super barge fleet. The 24,200-ton vessel,
A worldwide computer network has been launched by five firms in a joint venture which provides clients with maritime industry information. Lloyd's Register of Shipping, Lloyd's of London Press Limited, Phs. Van Ommeren International B.V., Fairfield International Corp.
The Maritime Data Network (MARDATA) of Stamford, Conn., has added Baltic Freight Rate Index data to its on-line information service for ocean shipping. Subscribers can now access the Daily Baltic Index and year-to-date activity in addition to
China Ocean Shipping Company (COSCO), the national shipping company of the People's Republic of China, and Dr. John J. McMullen, owner of Norton, Lilly & Co., Inc., announced the formation of COSCO North America, Inc. COSCO North America, which is jointly owned by COSCO and Dr.