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.
— Prospects For The Future — The oil industry had a disappointing year in 1991—the combined profits of the leading 20 oil companies were more than 20 percent belowthe income earned in 1990. Total sales of the oil companies in 1991 fell by more
The past decade was a tough one for the Canadian shipbuilding market. It was a decade that produced a decline of both employment and decline of newbuilds, many of which were contracted in the late 1980s still awaiting construction. This unfinished
The president of The American Society' of Naval Engineers (ASNE), Rear Adm. D.H. Jackson, USN, announced that the Society has scheduled its annual national meeting, ASNE Day, for Thursday and Friday, May 2-3, 1974, at the Shoreham Hotel, Washington, D.