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.
The largest capacity roll-on/ roll-off vessels in the world, with the ability to carry single units of cargo weighing up to 1,000 metric tons, will be introduced into the North America-Middle East trade by Seaspeed Services by the end of this month.
A unique cooperation agreement that covers the building and marketing of the highly successful Friendship type multi-purpose cargo vessel has been signed between two of the world's leading shipbuilding yards. The agreement, signed between Harland
United States Cruises, Inc. (USCI), Seattle, Wash., has made the final $3-million payment for the purchase of the passenger ship United States, and received title to the vessel from the Commerce Department's Maritime Administration (MarAd). USCI
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