Teekay Shipping Corporation has entered into a definitive agreement to acquire Naviera F. Tapias S.A.. a leading independent owner and operator of LNG carriers and crude oil tankers in Spain. Teekay has also entered into an agreement with the shareholders
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 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
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.
Puerto Rico has won U.S. Farmers Home Administration approval of a $9-million loan which paves the way for immediate construction of the Island's first shipbuilding yard, to be located at a 68-acre site on Guanica Bay. This new venture into heavy industry
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.
Finnish innovation in ice-going tanker technology will have a major application in the country's own mercantile fleet, albeit with ship construction assigned to the Orient. The pair of 106,000-dwt crude oil carriers booked by Helsinki-based Fortum Shipping,
Four 185,000 dwt Alaskan-class tankers that will soon be carrying oil along the U.S. West Coast feature the latest innovations in safe-ship design, including Thordon COMPAC waterlubricated propeller shaft bearings. During the design phase of the
Cruise 85, the first international conference for all involved in the management, operation and services of cruise shipping, is scheduled to take place in the Hilton Hotel on Park Lane, London, from June 19- 20, 1985. The event will be organized by
Nordic prowess in ferry technology, coupled with Irish business verve, is set to take the sector to a new highpoint as regards the concentration of wheeled freight capacity in a RoRo passenger vessel. Built in the cruise ferry mold, Irish Ferries' 50,