Fred S. Sherman Elected AIMS Board Chairman

A key East Coast shipping executive, long active in U.S. maritime affairs, has been elected chairman of the board of the American Institute of Merchant Shipping (AIMS) for the next 12 months. He is Fred S. Sherman, chairman of the board, Marine Transport Lines, Inc.


Newest Bulkfleet Marine Tug Is Powered By MaK Diesels

The largest tugboat ever built in the United States to run on heavy fuel oil was completed and christened recently at McDermott Shipyards' Morgan City Division in Bayou Boeff, La. The 140-foot, twin-screw Valiant (shown above) was built for Houston-based Bulkfleet Marine Corporation.

Promet Launches Offshore Supply Vessel For Jackson Marine

Promet Private Limited, Singapore, recently launched another of its offshore supply vessels. Sponsor of the NMS 209 (shown above) was Mrs. Hugh Jackson, wife of the president of Jackson Marine Corporation, owner of the vessel. This $3.5-million

Bulk Carrier Horyu Maru Delivered By Hitachi's Ariake Yard

The 132,597-dwt bulk carrier Horyu Maru, which was constructed at the Ariake Works of Hitachi Zosen, was delivered to her owner, Nippon Kisen Co., Ltd., recently. The ship will be placed in service between Japanese ports and overseas ports in Australia,

ABS Signs Agreement To Advance Phoenix World City Project

The American Bureau of Shipping, the nation's ship classification society, recently signed an agreement with World City Corporation under which, among other tasks, it will assist and advise World City in the process of bringing existing and developing U.

Chesapeake Shipbuilding Constructing Third Vessel For American Cruise Lines

Officials of Chesapeake Shipbuilding, Inc., Haddam, Conn., announced that construction has begun on a new coastal cruise ship for American Cruise Lines. The ship, which is to be named America, will be the largest inland coastal cruise ship in the country,

Bollinger Incat USA - Marking Its Territory

Known for its sleek, fast and high-performance wavepiercing catamarans, Incat Australia expanded its reach to U.S. shores with its decision last year to partner with Lockport, La.,-based Bollinger Shipyards for the construction and design of a new breed of high speed,

New Liquid Cargo System Introduced By Vu-Gage— Literature Available

A uniquely simple system for measuring and inspecting cargoes of petroleum and chemical tankers and barges is the topic of a new 24-page brochure offered by Vu-Gage System, a Mobil Company. The Vu-Gage® system covered by the brochure has been accepted f o r i n s t a l l a t i o n on U.

IMA To Publish Assessment Of Future U.S. Marine Market Growth —Commercial And Naval—

A 200+ page report providing the most comprehensive assessment yet made of the marine market will be published in December by International Maritime Associates, Inc. The report assesses the growth to occur in the future U.S. commercial marine and naval market.

Analysts Speculate Possible Carnival / Hapag-Lloyd Deal

Carnival Corp said that its growing cash holdings were spurring market speculation that the world's largest cruise group was on the acquisitions trail. A spokesman for the Miami-based operator of 45 cruise ships, declined to speak directly to reports

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