Bethlehem Steel Corporation has signed an agreement with Arab Shipbuilding & Repair Yard Company to represent the latter as a ship repair sales agent in the United States. The agreement was announced jointly in New York by Gilford Rossi, chairman
John D. Geary, president, Midland Enterprises, Inc., Cincinnati, Ohio, was elected chairman of the board of The American Waterways Operators, Inc. (AWO), at the recent annual meeting of directors of the Association in Washington, D.C. James R.
The container and RoRo fleets of the established carriers serving Alaska, Hawaii and Puerto Rico are aged. While none of these trades is experiencing rapid growth, the involved vessels are expensive to operate and increasingly expensive to maintain.
Of highest interest in the marine field today is the design and construction of many specialized ships that carry cargoes of liquefied natural gas (LNG). Major shipyards in the U.S. and other countries are engaged in building these giant carriers.
As an endorsement of a commercially circumspect approach to double-hull bulk carrier design and construction, UK-based Graig Group has generated a tranche of orders for its cost-competitive Diamond ultra-handymax type. Although a letter of intent signed with China Shipbuilding Industry Corp.
Congress discontinues the credit insurance program relied upon by U.S. shipowners for more than 65 years Title XI Credit Insuranee Discontinued When the Conference Report for the Omnibus Spending Bill, which provides funding for the federal government through September 30,