Kaiser Aluminum & Chemical Corporation, Oakland, Calif., has announced that it will construct a multi-million-dollar facility at Mobile, Ala., to assemble and install huge liquefied natural gas tanks in oceangoing ships. The company said it has
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
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
The Bergesen group generated firstquarter operating profit of $25.6 million, substantially down on the $104.3 million recorded last year. These figures include capital gains on the sale of vessels of $ 10.4 million in 2002 and $7.2 million in 2001.
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.