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,
Canada's newest s e l f - u n l o a d i n g Great Lakes bulk carrier was launched recently at the Collingwood, Ontario, Shipyard of Canadian Shipbuilding and Engineering Limited. Built for the Canada Steamship Lines Division of Power Corporation of Canada,
Capt. Henry E. Engelbrecht, formerly vice president in charge of operations for the United Tanker Group, has acquired Lexington Transport Corporation. Sinnan Pu and Capt. Nick Ni, also formerly of United Tanker, have joined Lexington in the capacities of
American Steamship Company, Buffalo, N.Y., a subsidiary of General American Transportation Corporation (GATX), has ordered construction of a second new Great Lakes coal carrier. The $22-million 770-foot selfunloading motor vessel is scheduled for delivery in 1977.
A sector of the shipping industry which has been experiencing buoyant conditions recently is that concerned with the transport of assembled (or built-up) motor vehicles — principally passenger cars, but also trucks and other commercial vehicles shipped by sea.
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
Autoship Systems Corp. (ASC) and Port Automation International (PAI) have formed a marketing partnership. Per the agreement, PAI will market ASC's load planning software solutions to their customers. Beneficial to PAI customers is that they will
While seemingly miniscule in terms of deadweight tons ordered and delivered per year as compared to the shipbuilding business as a whole, the production of gas tankers, LNG and LPG, are high-value, high prestige orders that are likely to rise significantly in the coming years.
In common with most other bulk commodities, the seaborne trade of phosphate rock has been adversely affected by the prolonged world economic depression which followed the "oil crisis" of 1973. This was most apparent in 1975 and 1976, when shipments