The world's second largest shipbuilding nation, Korea, is in the midst of a shipbuilding boom. All the leading indicators— order receipts, actual ship construction, backlogs and ship prices—are all on the rise. According to the Korea Shipbuilders' Association (KSA),
In a move which effectively creates a defense and marine naval construction giant, Northrop Grumman Corp. and Litton Industries jointly announced late last month that they have signed a definitive agreement under which Northrop Grumman will acquire
John J. McMullen Associates, Inc., naval architects, marine engineers and transportation consultants of One World Trade Center, New York, N.Y. 10048, have announced the opening of a new office located at 2101 Executive Drive, Hampton Roads, Va.
Congressman John M. Murphy, Chairman of the House Merchant Marine and Fisheries Committee, and Zenon N. Sdougos, Director, Marine Safety Division, Inter- Governmental Maritime Consultative Organization (IMCO), London, England, will be the principal speakers