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
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.
In January 2003, Huarun Dadong Dockyard (HRDD) was awarded eight vessel repair contracts awarded in succession — doubling the amount of jobs the yard was awarded just one year previous. Measuring 614 x 93 ft. (187.3 x 28.4 m) M /V Sheila Macdevitt of U.
Purchase Forms World's Largest Subsea Contracting Group For Oil & Gas Industries The third and fourth in a series of five 2,100-dwt stainless steel chemical tanker for the transport of bulk liquids along the Rhine River and its tributaries have been delivered to Stolt Stinnes.
Soaring steel prices are now a major concern for leading shipbuilders. Uncertainty about spiraling material costs is even causing some yards to defer new orders, market reports indicate. "The lack of steel in some shipyards of the three major shipbuilding nations
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,
Tanker s a f e t y and pollution prevention will be the main topics of discussion at the American Petroleum Institute's annual tanker conference, October 1-4 at Innisbrook, Tarpon Springs, Fla. Among the speakers will be M.P. Holdsworth, Shell International Petroleum Co.
E.L. Shannon Jr., president of Santa Fe International Corp., Orange, Calif., has announced that development drilling has started in Thistle Field in Block 211/18 in the North Sea. Mr. Shannon said the first production well began drilling October 27,
Orders for vessels to American Bureau of Shipping (ABS) classification increased by a healthy amount during 1980, William N. Johnston, chairman and president, reported at the recent annual meeting of the members at ABS Headquarters in New York. Mr.
Long term service experience has confirmed the effectiveness of the inherent design measures embodied in MAN B&W Diesel MC/MC-C and ME/ME-C two-stroke engines for direct coupling to controllable pitch propellers (CPP) or de-clutchable propellers.