revenues

Owners... Start Counting The Cash

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.

 

Industry Icon Lester Rosenblatt Leaves an Indelible Mark

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.

Portland Ship Repair Yard Posts Successful Year

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

CRUISE SHIPPING 88

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,

ASRY's 1984 Revenues Up Nearly 20 Percent

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

Polish Shipbuilding Industry Consolidates, While Competition Continues To Boom

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,

Royal Caribbean Stock Downgraded

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

NEW NAVY BUDGET: OVER $100 BILLION

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,

Three Top Management Changes At Levingston

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,

 
 
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