According to the Annual Report of Lloyd's Register of Shipping, events during 1985 offered little to the world's shipping and shipbuilding industries, and there were few indications of any real improvements in the foreseeable future. The world merchant fleet declined last year to 416.
The 17,706-dwt product carrier Pertamina 1021 was recently delivered to her owner, Scorpa Pranedya Navigation, Inc. of Liberia. The ship was constructed at the Hiroshima Works (Innoshima) of Hitachi Zosen. The Pertamina 1021 is the second of two product
Fuel Savings Alone Can Justify New Engine Investment At the New Orleans Work Boat Show in January, Caterpillar Engine Division announced new and improved diesel marine propulsion system products and support programs designed to help operators reduce
The RO-RO 81 Conference in Hamburg that begins on June 30 will take place at a time when major new services are being implemented and planned on both deepsea and short-haul routes. With routes such as Europe-East Africa and A u s t r a l i a -
The Peninsular and Oriental Steam Navigation Company (P&O) of London, and Overseas Shipholding Group, Inc. (OSG) of New York, recently announced that they have reached agreement to form a joint venture involving the acquisition by OSG of a 50-percent
Marking a departure from the company's highly effective chartering strategy of the past 30 years, three self-owned newbuilds are being phased into Contship Containerlines' core Australasian trades during the 2002 second- half. The 4,115-teu Contship
The number of vessels in American Bureau of Shipping (ABS) classification has climbed to a record total, William N. Johnston, the chairman and president, reported at the semiannual meeting of the international ship classification society. ABS classed 388 new vessels of 3,
Two new, diesel-powered, 35,- 000-deadweight-ton product tankers have been ordered by Chevron Transport Corporation, San Francisco, Calif., a subsidiary of Standard Oil Company of California, f o r service in the company's international trades.
U.S. domestic crude oil and natural gas liquids production peaked in 1970, and after remaining nearly constant for the following two years, fell steadily until 1976, with output from Alaska providing an upsurge in 1977. However, even in 1977,
The liquefied gas shipping industry (LNG and LPG) has staged a fairly remarkable recovery in the last couple of years, both in terms of the volume of cargo moved by sea, and the operating profitability of ships involved in these trades. Now, a