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
Barring the ability to transport mass amounts of cargo in a Star Trek-esque manner, it's reasonable to assume that ships and boats will continue to be the globes' hauler of goods for the foreseeable future. In the quest to make water transportation safer and more efficient,
Latest Update As Of August 13, 1986 International Maritime Associates, Inc. publishes quarterly reviews of the Navy ship procurement market. This article is an excerpt from the August quarterly review. Information in this article is current as of August 13.
Although funding for Senator Ted Stevens's "Build and Charter" program has been appropriated by the Congress, this particular effort to revive commercial shipbuilding in the United States cannot become a reality until the authorization plan makes its way through Congress and the White House.
The year 2000 has enjoyed special significance as a transition year bridging two centuries. Similarly it has significance with U.S. lawmakers for the Second Session of the 106th Congress. As the last year of the currently elected Congress, this
This special section includes major Navy contract awards issued between the dates of August 7 to November 12, 1986. For Navy contracts prior to these dates refer to MARITIME REPORTER, September 1986 issue, "Major Navy Contracts," page 37. Contracts
Integrated Ferry Constructors Ltd. (IFC) of North Vancouver, the company managing construction of British Columbia's first superferry for the B.C. Ferry Corporation, will build the stern section (Block A) of the ship's hull in Victoria using the workforce
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.
Tenneco's Newport News Shipbuilding, Newport News, Va., has announced it signed letters of intent that could lead to construction of four liquefied natural gas (LNG) carriers. The world's largest shipyard signed the letters of intent with other Tenneco subsidiaries.
Comsat Technology Products, Inc. recently announced that its MCS-9120 Satellite Communications Terminal has been selected for use aboard the Gentry/Continental's Proud Bird— the U.S. competitor in the upcoming challenge for the Blue Riband of the Atlantic.