Consolidation in the diesel engine building sector is partly a reflection of the substantial capital expenditure required to maintain product development and technological advance in a business characterized by comparatively low unit margins. By spinning-off
—Color Brochure Offered The first U.S. commercial SWATH (Small- Waterplane Area Twin-Hull) vessel, the 500- passenger ferry Navatek I prototype, to American Bureau of Shipping Class is being built by Pacific Marine, Honolulu, Hawaii, at Thompson Metal Fab shipyard in Vancouver, Wash.
The National Waterways Conference's officers are generally considered among the leadership of the inland waterways industry. NWC's board of directors consists of 75 members, serving staggered three-year terms and representing five membership categories: water carriers,
Future Business Opportunities In Navy Ship Procurement, Ship Maintenance And Navy Technology Development
International Maritime Associates, Inc. (IMA) prepares detailed business reports covering the U.S. Navy market. They deal with future business opportunities available to shipyards, manufacturers, engineering firms and other marine suppliers. This
Hitachi Zosen, Tokyo, Japan, has announced the assignment of new management positions. At a recent meeting of the board of directors, Masaru Hattori was elected the new chairman, and Toshio Murayama was elected the new president of the company, effective immediately.
The Drew Marine Division of Ashland Specialty Chemical Company has elected John C. "Jack" Finnegan as manager of new business development. Finnegan, comes to Drew from Newport News Shipbuilding and will be responsible for identifying and developing
An industrial team lead by Litton has successfully demonstrated to the U.S. Navy for the first time the application of advanced fiberoptic technology to an all-optical shipboard sonar system. The development was accomplished under the sponsorship of
The management and Board of Harland and Wolff breathed a collective sigh of relief upon learning that the arbitration case against Global Marine was decided in its favor, mandating that GLM owes the yard more than $31 million. In the weeks leading up to the decision,
Edward E. Paden, president of Levingston Industries, Inc., has announced three senior management assignments resulting from the formation of two new companies within the Levingston Group. Joe Barrios, currently president of Levingston Shipbuilding Company,
Showing a sharp increase over the 600,000-dwt average in the previous three years, China State Shipbuilding Corp. reported that it produced 800,000-dwt of ships last year. Last year, export orders were worth $528 million, the company said. The