Far East Levingston Shipbuilding Ltd. (FELS) has completed Galaxy 1, which it calls one of the world's most capable jackup rigs, to the satisfaction of its owner, Santa Fe Drilling Operations, Inc. In recognition of a job well done, Santa Fe is
Over the past year or so, well over 100 secondhand dry cargo ships have been purchased by the Chinese, either for their domestic fleet, or for operation under "convenience" flags. A surprisingly large number of these—possibly over 30—have been bulk carriers,
Britain's giant shipping group P and 0 has unveiled designs for a versatile new type of naval vessel which can be built or refitted in any commercial shipyard capable of handling a deepsea trawler. The designs are intended to help governments with
Todd Shipyards Los Angeles Division To Build Four 89,700-Dwt Tankers At A Total Cost Of $136 Million
Todd Shipyards Corporation recently announced that it has signed contracts for the construction of four 89,700-dwt tankers at approximately $34 million per vessel. Two of the tankers will be built for subsidiaries of Overseas Shipholding Group, Inc.