The much anticipated turnaround in the Gulf of Mexico Oil Patch is happening, and the companies that supply boats and services in the area are feeling the impact. Consolidation has touched every facet of the marine business — every facet of business — for nearly a decade.
On June 15, 2003. Lester Rosenblatt passed away at the age of 83. MR/EN remembers this industry icon, who through his ambition and wealth of industry knowledge founded what would become one of the world's most successful naval architecture and marine engineering firms.
Yard, Contractors Report $140 Million In Business A dozen years ago, the Port of Portland (Oregon) and its tri-county citizens gambled that an $84-million shipyard expansion program— including giant Drydock 4, which was specifically designed
Miami Beach, Fla., February 23-25 Seatrade's fourth annual cruise shipping conference and exhibition, Cruise Shipping 88, will be held at the Fontainebleau Hilton in Miami, Fla., February 23-25. Last year, Cruise Shipping 87 was also held at the Fontainebleau Hilton,
An occupancy rate of 84 percent during 1984 helped Arab Shipbuilding & Repair Yard (ASRY) of Bahrain to boost revenues up by nearly 20 percent over 1983. The yard celebrated its tenth anniversary last year. Chairman of ASRY Sheikh Daij Bin Khalifa
Poland boasts a varied and capable ship and boat building and repair base, a core of shipyards and marine equipment suppliers tested and proven to provide advanced marine solutions for owners both domestic and foreign. The companies, which constitute the Polish marine industry,
Moody's Investors Service downgraded Royal Caribbean's senior unsecured debt ratings reflecting higher than anticipated debt levels associated with the company's shipbuilding program, and a weaker price environment that may continue given the
Changes Create New Supplier Opportunities The Department of Defense has requested $311.6 billion in new budget authority for the fiscal year (FY 1987) beginning October 1, 1986. Included in the budget request, biggest ever in U.S. peacetime history,
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,
Todd S h i p y a r d s Board Elects T w o Top E x e c u t i v e s A nd Reports P r o f i t a b l e Quarter
Todd Shipyards Corporation, headquartered in Jersey City, N.J., recently reported a profitable fiscal 1987 first quarter and the appointment of two Todd executives to top management positions. Following the retirement of J.T. Gilbride chairman and chief executive officer,