To complete its parts and service reorganization, the Fairbanks Morse Engine Division of Colt Industries has opened a new Central Parts Distribution Center in Indianapolis, Ind. This new facility (shown) replaces the division's former central warehouse at its Beloit, Wise.
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.
Nils Hellen, managing director of the Association of Finnish Metal, Engineering and Shipbuilding Industries, recently visited the United States by invitation of the Finnish American Chamber of 'Commerce. Mr. Hellen, in his address as guest speaker to
As a bastion of ship production in the under 10,000-dwt-vessel range, the industry in the northern Netherlands continues to demonstrate true global competitiveness in its chosen fields of endeavor. While much of European shipbuilding bewails the intensified onslaught from the Orient,
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,
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
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
American Marine and Machinery Company, Inc. (AMMCO) of Nashville, Tenn., has announced the signing of an agreement with Damen Shipyards, Ltd. of Gorinchem, Holland, for the manufacture and marketing of selected models of the Damen line of vessels.
SAFENVSHIP, a $14.9 million EU project to develop design methodologies and testing technologies, which can be used in the development of future large passengerships, was launched at the Genoa headquarters of Italian classification society RINA on July 5.