When the Administration assumed office in 1981, the shipbuilding industry understood that it would be challenged to meet the performance and cost objectives of an expanded naval construction program. Further, the shipbuilding industry knew that
The long-awaited awarding of the contract to construct the new series of Littoral Combat Ships (LCS). a series that could total 60 ships worth $14 billion over 15 years, will have to wait just a little longer. However, the U.S. Navy in late May did pare the competition to two,
I n t e r m a r i n e USA recently launched the USS Osprey (MHC- 51) at its Savannah, Ga., shipyard. She is the first of a new class of GRP ships solely designed for minehunting. The Osprey, which features advanced technology to locate mines with
The General Ship Corporation of East Boston is expanding to a second major facility at EDIC/Boston's Boston Marine Industrial Park in South Boston, Mayor Kevin H. White announced recently. The corporation is making this significant new commitment to
The American Waterways Shipyard Conference met recently in New Orleans, La., and unanimously elected officers for the coming year. Elected were: chairman—Robert W. Greene, president and chief executive officer, Jeffboat, Inc., Jeffersonville, Ind.
Walter Thorsen, president, Walter Thorsen Inc. and past president of the Marine Square > Club, recently announced the election and installation of officers in the Marine Square Club. The officers are as follows: Comdr. Sydney Tharrington, USCG (ret.
Universal Gas and Oil Company Inc. has announced that it has reached an agreement to sell its shipbuilding contract for a liquefied petroleum gas carrier to a major international shipping company. The agreement, subject to finalization of certain
Walter W. Rody, chairman of the American Waterways Shipyard Conference (AWSC), and president of Port Allen Marine Service, Inc., has announced the following to serve as AWSC committee chairmen in 1986: Committee of Counsel—William P. Morelli,
NICOR Inc. chairman and president C.J. Gauthier recently announced acquisition, with NICOR common stock, of two marine transportation companies — Arthur Levy Enterprises, Inc. and Offshore Island Boats, Inc. These two companies, along with Acadian Marine Service Inc.
A joint-venture agreement between Amoco Corp and China was recently signed to develop an oil field in the South China Sea. The project is expected to cost around $500 million and produce 50,000 barrels of oil a day, a spokesman for the company said.