Consolidation, which has swept the maritime markets for much of the last decade, continued last month in the ship repair and conversion segment, as two of the premier players in the U.S. and U.K. repair and conversion markets announced plans to work together.
For the U.S. shipbuilding and ship repairing industry, 1982 was a year of disappointments mixed with blessings. Blessings in the sense that the proposed five-year Navy shipbuilding and conversion plan will provide a measure of stability for the industry.
The Navy has clearly become the dominant source of ship repair, as well as new ship construction in the United' States. Ten years ago Navy business accounted for 36 percent of ship repair employment and 58 percent of new ship construction employment in U.
9th Exhibition And Congress Ship, Mad mery, Marine Technology International Amid general signs of a worldwide recovery in the shipbuilding industry, the 9th Exhibition and Congress of Ship, Machinery, Marine Technology International will be held in Hamburg,
At a board of directors meeting of Todd Shipyards Corporation recently John T. Gilbride, 69, announced he will retire as chairman and chief executive officer immediately following the annual meeting on July 16, 1986. Mr. Gilbride, who has been chairman since 1975,
B.C. Pacific Capital Corporation recently signed an agreement to sell its wholly owned subsidiary Versatile Pacific Shipyards Inc. to Shieldings Incorporated, a private, Canadian- owned company headquartered in Toronto and Vancouver which has
The number and tonnage of vessels delivered by U.S. yards during the past year were up from 1984, thanks mostly to construction for the Military Sealift Command's build-and-charter program. Six of the nine ships completed, and 155,862 of the total 164,711 dwt, were for charter to the MSC.
Oslo, Norway, June 13-16 Nor-Shipping '89, an international shipping and maritime offshore exhibition and conference, will be held at the Sjolyst Exhibition Center in Oslo, Norway, from June 13- 16, 1989. So far, 300 firms have registered at
Event Set For September 20-22, 1989 The National Waterway Conference's 1989 Annual Meeting will be held on September 20-22, 1989 at the Adam's Mark Hotel in St. Louis, Mo. Over the years, NWC annual meetings have gained wide recognition as timely,
The Sembawang Group of Singapore has announced its entry into the international salvage and towing business with the launching of a new subsidiary, Sembawang Salvage Co. Pte. Ltd. (SEMCO). The initial investment is reported to be S$35 million (about $15.