On the Elbe River, the famous port of Hamburg's Nautical Institute had its final intake this year due to a shortage of prospective students. From now on it will be known as the Hamburg Institute for Ship Handling and Simulation, but for many years it sent highly trained young people to sea.
New Policies And An Oil And Gas Bonanza Promise A Bright Future Recent news from the Canadian Arctic and the offshore continues to give promise of a bonanza of oil and gas. Exploration activity is proceeding at a good pace despite the oil glut and the drop in energy prices.
A $10-million contract to convert the St. Lawrence Navigator from an oceangoing to a Great Lakes bulk carrier has been awarded to Port Weller Dry Docks by Upper Lakes Shipping Ltd. of Toronto, Canada. The work, to be known as Hull 66, will begin in August 1979,