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,
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.
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,
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,
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.
— L i t e r a t u r e Available Saab Marine Electronics has developed a new version of its radarbased level-gauging system for tankers. The system is called Saab TankRadar, Model M, and incorporates all the reliable components of the original SUM-21,
Ed Paden, president of Levingston Shipbuilding Company of Orange, Texas, has announced plans to build a second Levingston Class 111-C jackup drilling rig f o r Noble Drilling Corporation of Ardmore, Okla. Noble Drilling, a leading domestic drilling contracting firm formed in 1921,
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.
The Maritime Administration has awarded three contracts totaling some $2.7 million for repairs to three ships in the Ready Reserve Force (RRF). The RRF is a special component of the National Defense Reserve Fleet. Merchant vessels in this category are funded by the U.