$30-Million Order Signed By Hongkong United Dockyards Ltd.

Hongkong United Dockyards Ltd. has signed its largest order to date: a $30-million contract f o r a ship conversion. The conversion, from a heavy ore bulk carrier to an offshore oil drilling ship, follows a similar conversion by HUD in 1975, and


Seaco Energy/Coastal Carriers Joint Venture Plans Floating Terminals

Sea Containers, Inc. announced recently that its wholly owned subsidiary, Seaco Energy Corporation, and Coastal Carriers Corporation have formed a partnership to build and operate American- flag floating terminals. These terminals, located in New Orleans at the mouth of the Mississippi,

A Multi-Billion Opportunity

A number of factors, including instability in world oil markets at times, the return of bitter cold winters to the energy-hungry U.S. Northeast, and advances in the collection. transportation and cost-effective delivery of (primarily LNG) gas, have conspired to make this the decade of gas,

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