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,
— 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
Parkway Systems recently introduced several new features in its total buoyancy compensator (BC) system, the Ocean Jacket, providing divers with maximum comfort and performance. The inflator hose and O/P valve have been moved to the top of the shoulder for better access.