The Australian Reefer, first of four 630,000-cubic-foot refrigerated cargo ships under construction for J. Lauritzen A/S of Copenhagen, was launched recently at the Ulsan Shipyard of Hyundai Heavy Industries Company, Ltd. in South Korea. These
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,
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.
A highly diversified maritime service company and owner of one of the world's largest privately-owned tug and barge fleets, Oakland, California- based Crowley Maritime Corporation is commemorating its centennial in 1992. Crowley Maritime began
Shipowners are known for having distinct differences of opinion, but the one thing that all agree on is the importance of having access to capital. In an industry in which assets are generally bigticket items and operating margins can be thin,
The World's Largest Oil Spill Response Organization On March 24,1989, an oil tanker struck a reef in Alaska's Prince William Sound, causing the biggest oil spill in the history of the United States. While thousands worked to clean up the spill,
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
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.
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,
Magnus E. Olsen, president, Overseas, Enterprises, has announced the appointment of Edward H. Barron as director of chartering. His responsibilities will encompass all chartering, marketing, and operational functions of O.N.E. Shipping Ltd., which