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.
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
A N e w Concept In M a r i n e Transport Is Seeded Only In Times Of Economic U p h e a v a l And Bears Fruit Only If It Is A d a p t a b l e To Economics Of A C h a n g i n g Pattern The most c h a l l e n g i n g and unique problem the naval architect faces
Coal-fired steamships will be returning to the high seas, powered by Combustion Engineering marine boilers. C - E ' s l i c e n s e e in Italy, Franco Tosi S.p.A., has been awarded the world's first contract in 20 years for two coal-fired boilers by Italcantieri S.
The value of secondhand tankers increased slightly during the fourth quarter if 1991, while secondhand bulkers dropped slightly, according to recently published statistics. Both bulk carriers and tankers obtained their maximum values in the middle of November,