Mitsubishi Heavy Industries (MHI) of Tokyo, Japan, has received a silver medal, the Stanly Gray Award and the BMEC Donald Maxwell Award in Marine Technology from the United Kingdom's Institute of Marine Engineers (I Mar E) for a paper entitled
The Maritime Subsidy Board (MSB) has approved the applications of Wilmington Trust Company to repay approximately $45 million in construction-differential subsidies (CDS) which the Maritime Administration previously awarded for the construction of two liquefied natural gas (LNG) vessels.
The past two to three years have seen a continuing growth of interest in ro/ro vessels, with a relatively small but nevertheless steady stream of orders for this type of ship—both large and small — being placed with shipyards in Europe and Japan.
Sea Containers Atlantic Ltd., the Bermuda affiliate of Sea Containers Inc., One World Trade Center, New York, N.Y. 10048, has announced the signing of a letter of intent with Nippon Kokan K.K., Japan, for the construction of four large containerships.
The announcement of the appointment of Marine Technologies & Brokerage, Inc. (MTB), New York, as U.S. agent for Arsenale Triestino San Marco Shipyard, Trieste, Italy, was made recently by William H. Bevan, president of MTB. Arsenale Triestino,