Norfolk Shipbuilding & Drydock Corporation (Norshipco) in Norfolk, Va., is a privately held corporation that has served the Port of Hampton Roads in the marine industry since 1915. Norshipco is a fullservice shipyard, and has enjoyed a reputation
Promet Private Limited of Singapore, in collaboration with Baker Marine Corporation of Ingleside, Texas, has announced the signing of contracts with Sedco, Inc. of Dallas to construct two self-elevating, cantilever beam mobile drilling platforms.
Congoleum C o r p o r a t i o n announced that the U.S. Navy has awarded a $224-million contract to its shipbuilding subsidiary, Bath Iron Works Corporation (BIW), Bath, Maine, for the construction of five Guided Missile Frigates of the new FFG-7 class.
Vosper Limited, naval craft designers and builders, fast boat, and SES specialists, reports that its two main manufacturing subsidiaries, Vosper Private Limited, Singapore, and Vosper Hovermarine Ltd., Southampton, U.K., have recently received orders worth more than 12.
To characterize the business of carrying oil aboard tankers of any size or route as stable — would be foolhardy at best. But as curious as the market's undulations may appear to those on the outside, it is in fact the market's instability that serves as stability.
J . Ray McDermott & Co., Inc.'s s u b s i d i a r i e s in Southeast Asia have recently been awarded contracts with values totaling more than $60 million. The following are the major projects which make up approximately $50 million of this total.
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,