All signs point to a lucrative investment opportunity in Liquefied Natural Gas (LNG) carriers, as market demands for the product and improved production efficiency spreads around the world. There has been an increased effort on behalf of shipbuilders
Schottel of America, Inc. has announced the signing of two contracts with A s t i l l e r o s Unidos, S.A. of Mexico City (the government- owned shipbuilding group), for the design of six 22-meter Schottel Tractor Tugs, as well as the supply of
On December 12, 1973, the first of a series of 43,300-deadweight-ton bulk carriers, the Althea, was launched at Eleusis Shipyards S.A. This is the biggest ship ever built in Greece. Eleusis Shipyards commenced operations in August 1969, and since then the yard has progressed rapidly.
In many industries and businesses, equipment failure or unexpected maintenance does not present a major problem. Standby systems can be brought online quickly, service engineers can repair machinery within a few hours, with spare parts that are readily available,
The Southern New England Section of the American Society of Naval Engineers held its quarterly meeting recently at the New London Naval Submarine Base, Groton, Conn. Norman L. Mac- Intyre of Seaworthy Engine Systems, Inc. (Essex, Conn.), presented a
There is certainly no let-up yet in the containership ordering spree as charter rates scale new heights, carriers continue to report record results. The Howe Robinson Container Charter Index has climbed to a new record of 1588.4. up by just over 252% since its January 2002 low point of 451.
San Marcos Carrier Inc., Oakland, Calif., an affiliated company of the Oakland-based Domtar Gypsum America Inc., has announced that it has purchased the M/V Cabo San Lucas which, when converted, will be one of the world's largest oceangoing, self-unloading gypsum ore carriers.
The Maritime Subsidy Board (MSB) has approved a design change for four 35,000-dwt tankers built for Zapata Tankers, Inc. The tankers, which were constructed by Todd Shipyards Corporation, San Pedro, Calif., are the Zapata Patriot, Zapata Ranger, Zapata Courier, and Zapata Rover.
The Glacier Metal Company Limited of Middlesex, England, was founded by a U.S. citizen over 75 years ago. During the intervening period, the firm has become one of the world's leaders in plain bearing technology, and manufactures bearings and
Frank J. Murphy, president of American Trading Transportation Company, Inc. of New York, N.Y., has announced the signing of a contract with National Steel and Shipbuilding Company, San Diego, for the construction of a series of up to six 50,000-dwt