The largest shipyard in the United States has signed a letter of intent which could lead to construction of the world's largest nuclear-powered commercial vessels. Tenneco's Newport News Shipbuilding and Ravi N. Tikkoo, chairman of the board of Globtik Tankers U.
Thirty years ago when Greek shipowner George Livanos met with Hyundai Heavy Industries (HHI) founder Chung Ju Yung met on a sandy beach on the tip of the Korean peninsu- la where the new HHI shipyard would stand, little did they know that 30 years later,
Union Marine Transport Company, a shipping joint venture for transporting bulk chemicals, has been established by Union Carbide Corporation and Marine Transport Lines, Inc., it was recently announced by the two parent companies. According to James H.
Bay Shipbuilding Corp., a subsidiary of The Manitowoc Company, Inc., r e c e n t l y d e l i v e r ed ahead of schedule the 550-foot Energy Freedom to Universal American Shipping Corporation of Greenwich, Conn. The Energy Freedom was d e s i g n e d ,
The latest edition of Lloyd's Register of Shipping "Rules and Regulations for the Classification of Ships" will be issued later this year and become effective on January 1, 1978. In addition to the many major technical Rule changes which have been made,
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,
David Watson, general manager of Bethlehem Steel Corporation's Sparrows Point yard, recently announced the receipt of a $1.9-million contract for work on the S.S. Cape Alava, a ship assigned to the Ready Reserve Force (RRF). Mr. Watson stated
Tidewater Port Jackson Marine of Sydney, New South Wales, have placed an order with Carrington Slipways Pty. Ltd., shipbuilders of Newcastle, New South Wales, Australia, to build a 197- foot offshore supply vessel. The vessel will be propelled
The tough economic situation and business environment has not prevented Neptune Orient Line from first half profits, as the company announced $ 11 million profits (albeit down 78 percent from 1H 2000 profits) on revenues of $2.3 billion (up 6 percent from 1H 2000 revenues.
The Jos. L. Meyer Shipyard GmbH, Papenburg-Ems, West Germany, was recently awarded contracts to build an LPG carrier and two passenger ships for the Government of Indonesia. The new orders will insure full employment at the shipyard until early 1985.