OMB APPROVAL
OMB Number: 3235-0145
Expires: August 31, 1999
Estimated average burden
hours per response 14.90
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
S C H E D U L E 13G
(Rule 13d-102)
Information To Be Included in Statements Filed
Pursuant to Rules 13d-1(b), (c) and (d) and
Amendments Thereto Filed Pursuant
to 13d-2(b)
(Amendment No. __)1
MARINE SHUTTLE OPERATIONS, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $.001 PER SHARE
(Title of Class of Securities)
56844D103
(CUSIP Number)
December 21, 1998
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
1The remainder of this cover page shall be filled out
for a reporting person's initial filing on this form with
respect to the subject class of securities, and for any
subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this
cover page shall not be deemed to be "filed" for the
purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
<PAGE>
Page 2 of 6 Pages
<TABLE>
CUSIP No. 56844D103 13G
<S> 1<PAGE>
NAME OF REPORTING PERSON
Franz Eder
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
C
<PAGE>
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ] <PAGE>
<C>3<PAGE>
SEC USE ONLY
<PAGE>
4 CITIZENSHIP OR PLACE OF ORGANIZATION
German<PAGE>
Number of
Shares
Beneficially
Owned By
Each
Reporting
Person
With<PAGE>
<C>5<PAGE>
SOLE VOTING POWER
7,600,000 <PAGE>
6 SHARED VOTING POWER
0 <PAGE>
7 SOLE DISPOSITIVE POWER
7,600,000<PAGE>
8 SHARED DISPOSITIVE POWER
0<PAGE>
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
7,600,000
C
<PAGE>
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
<PAGE>
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
22.6%<PAGE>
12 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!<PAGE>
Page 3 of 6 Pages
</TABLE>
Item 1(a). Name of Issuer:
Marine Shuttle Operations, Inc.
Item 1(b). Address of Issuer's Principal Executive
Offices:
4410 Montrose Boulevard, Houston, Texas 77006
Item 2(a). Name of Person Filing:
Franz Eder
Item 2(b). Address of Principal Business Office or, if
None, Residence:
4410 Montrose Boulevard, Houston, Texas 77006
Item 2(c). Citizenship:
German
Item 2(d). Title of Class of Securities:
Common Stock, par value $.001 per share
Item 2(e). CUSIP Number:
56844D103
Item 3. If this statement is filed pursuant to Rules
13d-1(b), or 13d-2(b) or (c), check whether
the person filing is a:
(a) [ ]Broker or dealer registered under Section 15
of the Act;
(b) [ ]Bank as defined in Section 3(a)(6) of the
Act;
(c) [ ]Insurance Company as defined in Section
3(a)(19) of the Act;
(d) [ ]Investment Company registered under
Section 8 of the Investment Company Act;
(e) [ ]An investment adviser in accordance with
Rule 13d-1(b)(1)(ii)(E);
(f) [ ]An employee benefit plan or endowment
fund in accordance with Rule 13d-
1(b)(1)(ii)(F);
(g) [ ]A parent holding company or control person
in accordance with Rule 13d-1(b)(ii)(G);
Page 4 of 6 Pages
(h) [ ]A savings association as defined in Section
3(b) of the Federal Deposit Insurance Act:
(i) [ ]A church plan that is excluded from the
definition of investment company under
Section 3(c)(14) of the Investment Company
Act;
(h) [ ]Group, in accordance with Rule 13d-
1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c),
check this box. [ ]
Item 4. Ownership.
As of December 31, 1998, the beneficial ownership
information of Franz Eder with respect to the subject
securities was as follows:
(a) Amount beneficially owned: 7,600,0001
(b) Percent of class: 22.6%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the
vote 7,600,000
(ii) Shared power to vote or to direct the
vote - 0 -
(iii) Sole power to dispose or to direct the
disposition of 7,600,000
(iv) Shared power to dispose or to direct the
disposition of - 0 - .
Item 5. Ownership of Five Percent or Less of a
Class.
If this statement is being filed to report the
fact that as of the date hereof the reporting person has
ceased to be the beneficial owner of more than five percent
of the class of securities, check the following. [ ]
_____________
1The shares are being held by a pooling trustee pursuant
to the terms of a pooling trust agreement. Mr. Eder shall
receive ten percent of such shares on July 1, 1999, and an
additional thirty percent of such shares on July 1st of each
of the three years thereafter. The trustee shall seek
instructions from Mr. Eder before taking any action as a
stockholder with respect to any of the shares held in trust.
<PAGE>
Page 5 of 6 Pages
Item 6. Ownership of More than Five Percent on
Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the
Subsidiary Which Acquired the Security
Being Reported on by the Parent Holding
Company.
Not applicable.
Item 8. Identification and Classification of
Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
<PAGE>
Page 6 of 6 Pages
Signature
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Date: January 26, 1999
/s/ Franz Eder
Franz Eder
