Lloyd's List for September 12, 1978, reported that two 1971-72, 255,000-dwt VLCCs had recently changed hands for some $7 million each. This was somewhat lower than the price level ruling during the first half of 1978, when the average secondhand price for a VLCC was about $38.
Coastal Iron Works, Inc. of Corpus Christi, Texas, recently announced the christening of its new steel floating drydock. The drydock is named Mr. Pat after one of the founders of the company, E.J. Patterson. The drydock is now in service. Mr. Pat
Service Machine Group, Inc., a Terramar company headquartered in Morgan City, La. in cooperation with Design Associates, Inc., of New Orleans, has developed plans to produce a 205-foot diving support vessel (the DSV 205). Service Machine president
The Marine Division of the British company, Houseman (Burnham) Ltd. has been acquired by Vecom B.V. of Maassluis, Netherlands. Aiming at strengthening its water treatment operations in specific geographical areas of the industrial market, Houseman
Earlier this year, Houston Ship Repair, Inc. of Houston was awarded a $1,175,000 fixed-price contract by the Maritime Administration to reactivate the cargo ship Hattiesburg Victory. The refurbished vessel sailed from Houston recently in service with the U.
Subsequent to the departure of Holland America's Statendam in April, Cascade General took in Crystal Cruises' Crystal Harmony for a 10-day stopover in May. The 10-year-old ship underwent maintenance and overhaul work below its waterline, extensive
IFS Norway AS and Det Norske Veritas (DNV) have agreed to combine their technology by developing an IT solution for the international maritime market. The solution will become the first of its kind on the global market and will be focused on ensuring
Independent Spanish shipbuilder Hijos de J Barreras has again showed its mettle by delivering two specialized vessels within the space of just a few days, and by landing a three-ship contract to take its orderbook into mid 2003. Three years after
Sperry has joined with Marine Management Systems, Inc. (MMS) of Stamford, Conn., to offer the marine industry a total ship management capability. Sperry recently introduced a ruggedized version of its Personal Computer to augment its -line of