Abstract: A vertically elongated container for drill pipe depends from and opens upwardly through the drilling platform of an offshore drilling rig in closely spaced relation to the rotary table. A power controlled pivotally mounted chute is associated with the container and selectively moves between a first position inclined toward the rotary table for the introduction and removal of pipe to and from the container by the derrick apparatus, and a substantially vertical position within the container for cooperation with handling apparatus utilized to manipulate the pipe within the container.