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Captain Okkie Grapow Grapow Elected President Of ISU Captain Okkert E. Grapow has been elected president of the Inter- national Salvage Union (ISU). For- merly ISU's vice president, Capt. Grapow succeeds Klaas J. Reiningert, managing director of Smit Tak BV. Capt. Grapow is chairman of Pentow Marine, the major South African marine salvage company. He first went to sea in the 1950s, received his master's certificate in 1964 and his extra master's certifi- cate in 1969. Following a brief pe- riod with South African Lines, he joined Marine Diamond Corpora- tion. During this period, he gained command experience and was en- gaged in the operation of a large fleet of ocean mining vessels, tugs and support craft. JEPIJW For complete engine room and deck services, JET-LUBE Marine Products are used on ships spanning the globe for routine and critical maintenance. Specify and ask for the best - JET-LUBE Marine Grade Anti-Seize Compounds • EP Greases • Moly Paste and Spray • Rust and Corrosion Inhibitors • Wire Rope and Chain Lubricants • Penetrants and Coatings • Cleaners and Degreasers • Teflon* Threads Sealants and related products. For additional information or to request a copy of the JET-LUBE Marine Products Catalog, contact your preferred Ship Chandler or call JET-LUBE today at 800/538-5823 or Fax: 713/678-4604. JET-LUBE, AN ISO 9001 CERTIFIED MANUFACTURER. jEPlvee JET-LUBE, INC. P.O. Box 21258 Houston, TX 77226 713/674-7617 FAX: 713/678-4604 Toll Free: 800/538-5823 .r Certification France *E.I. DuPont Registered Trademark MARXNE LUBRICANTS In 1973, Capt. Grapow joined Safmarine and played a leading role in the formation of Pentow in 1986. He has been an active participant in the affairs of the ISU and has served on the organization's executive com- mittee since 1986. In related news, ISU executive commitee member J.A. Witte has been named that organization's vice president. Mr. Witte is president and CEO of the American salvage and envi- ronmental services company Donjon Marine Co. Inc. Also, Michael J. Lacey, of so- licitors Fox & Gibbons Williamson Horrocks, has been appointed spe- cial adviser to the ISU. Mr. Lacey has been closely involved in ISU affairs for over 15 years. The International Salvage Union is an association of the world's lead- ing marine salvage contractors. There are currently 44 member com- panies of the ISU, based in 30 coun- tries. New Astilleros Espanoles President Appointed To Replace Departing Saez The board of directors of the Institute Nacional de Industria (INI) has appointed Carlos Martinez de Albornoz chairman and CEO of Astilleros Espanoles, SA and its group of companies. The state-owned holding com- pany INI is the main shareholder of Astilleros Espanoles SA and its group. Mr. Martinez de Albornoz, a civil engineer with a doctorate in engineering from the University of Glasgow, Scotland, was since 1990 chairman and CEO of Auxini, a con- struction company in the INI group. In those three years, Auxini experi- enced significant success, risingfrom losses of $38.37 million in FY '89 to an $11.5 million profit in 1992. Mr. Martinez de Albornoz is well-known in the shipbuilding in- dustry, having been executive vice president of Astilleros Espanoles be- tween 1988 and 1990, just before taking over Auxini. His former responsibilities as ex- ecutive vice president of Astilleros Espanoles included the Industrial Division, comprising offshore build- ings and the Astano (in Ferrol) and Barreras (in Vigo) yards. Before joining Astilleros Espanoles, Mr. Martinez de Albornoz had been executive vice president for the Industrial and Spe- cial Projects and Offshore Construc- tion division of Dragados y Construcciones, reportedly the lead- ing Spanish Construction company. Mr. Martinez de Albornoz re- places Juan Saez, who recently joined the Spanish national airline, Iberia. For additional information on the vast array of products and services offered by Astilleros Espanoles, Circle 44 on Reader Service Card 90 Circle 320 on Reader Service Card Maritime Reporter/Engineering News