Norfolk Shipbuliding and Drydock Corporation (Norshipco), Norfolk, Va., has dedicated its new $5-million, 1,030-foot pier for general ship repair, marking completion of the initial phase of an expansion program expected to nearly double the yard's current 2,200 employment within four years.
Riding the often tumultuous wares of freight rate boom and bust, Curacao Drydock has carved a unique niche of business in this Caribbean paradise. Since August 2000 the Curacao Drydock Company started to feel the effect of an improving cargo market.
The teaming of Austal Ships and Bender Shipbuilding to construct, from the ground up, a world-class aluminum vessel construction facility in Mobile, Ala., highlights the level of investment mid-tier U.S. yards have made in the past five years. Austal,
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),
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
ASRY's services were high in demand last year, as the yard reported a satisfactory performance for 1999, following the record volume of repairs seen in 1998. A total of 114 vessels underwent repair work at ASRY — ranging from ULCCs to offshore
Amidst record-breaking tanker lay-ups and depressed tanker demand, and despite forecasts of continuing glut of tankers, the world tanker fleet in 1975 increased by 15 percent to a record 5,092 tankers of 347 million deadweight tons, according to the "Analysis of World Tank Ship Fleet,