Millennium Cell Inc., which designs and develops systems for the safe use of hydrogen fuel in energy applications, has teamed with Seaworthy Systems in a CCDOTT (Center for Commercial Development of Transportation Technologies) and California State University, Long Beach Foundation program.
May 4-5, Washington, D.C. ASNE Day, the annual event consisting of a technical program and exhibition of the American Society of Engineers (ASNE), will be held at the Omni Shoreham Hotel, Washington, D.C., on May 4-5. The theme of the event is "Naval Engineering into the Next Century.
Congress, in late October, appropriated $900 million to fund a new fast sealift program. When added to the $375 million remaining from last year, a total of $1.3 billion is now available for initiating a major ship construction effort. High priority has
It was little more than a year ago that Boyd E. (Butch) King. CEO. took the reigns at VT Halter Marine, a designer and builder of small to medium-sized ships with a varied and rich history. After 15 months on the job, Maritime Reporter caught up with Mr.
Mideast War Underlines The Vital Need To Increase Domestic Oil Production In The U.S. The war in the Mideast has once again underlined oil's pivotal role in the maintenance of a healthy world economy. We depend on oil for much more than land and air transportation.
Todd Shipyards Corporation has reported improved sales and earnings f o r the first quarter ended June 29, 1980. Todd currently has a backlog of $1.5 billion, and a good earnings trend is expected to continue, the company reported. At its Annual Shareholders Meeting,
New Orleans-based Lykes Bros. Steamship Co. recently announced that it has agreed to acquire 100 percent ownership of Argonaut Line, Inc., the parent company of U.S.-flag ship operator Farrell Lines, New York, N.Y. "The combination of Farrell
The Department of Defense (DoD) is implementing a new initiative aimed at developing more cost-effective contract requirements for major system acquisitions. This initiative will address a number of problems inherent in present practices that
The plan for the reorganization of Bender Shipbuilding & Repair Company, Inc., Mobile, Ala., was confirmed recently by the U.S. Bankruptcy Court for the Southern District of Alabama. The plan marks the end of Chapter 11 protection for Bender after just nine months.
MagneTek ALS, the flagship company of MagneTek Inc.'s recently announced MagneTek Defense Systems, has added Jeff Pease and Ed Rizzotti to its senior management staff. Serving in the positions of chief financial officer and vice president of government systems, respectively, both Mr.