The recent initial monthly meeting of The Society of Marine Port Engineers New York, N.Y., Inc., heard a presentation on the National Shipbuilding Research Program sponsored by the Maritime Administration in c o o p e r a t i on with Bath Iron Works Corporation.
Hongkong United Dockyards Ltd. (HUD) have formed a new subsidiary company — Ship Repairers & Shipbuilders (HK) Ltd. The company will act as agents for a number of major overseas ship repairing companies and will liaise with local shipowners requiring docking and repair work overseas.
With the virtual disappearance of the market for oceangoing merchant ships, most of the major private yards in the U.S. are heavily dependent upon Navy shipbuilding, conversion, and repair for the majority of their work, some as much as 100 percent.
A new police surveillance launch, RP 9, was recently delivered to the Dutch Marine Police Force by Damen Shipyards of Gorinchem, the Netherlands, The first vessels of this type, built by Damen as pilotboats, are in service off the German coast.
David E. Meehan was appointed President & CEO of the Kvaerner Philadelphia Shipyard, replacing Gunnar Skjelbred, who has headed the yard since 2002. The Philadelphia yard recently delivered its first newbuild ship, Matson's container vessel Manukai.
Exxon U.S.A.'s Marine Department recently announced plans for a $100-million program to modify five of its tankers. Newport New Shipbuilding in Newport News, Va., will do the work, which is expected to be completed by mid-1981. The five tankers — the Exxon Baltimore,
Changes Create New Supplier Opportunities The Department of Defense has requested $311.6 billion in new budget authority for the fiscal year (FY 1987) beginning October 1, 1986. Included in the budget request, biggest ever in U.S. peacetime history,
Pekka Laine, managing director of Tervakoski Oy, has been appointed managing director of the new shipbuilding company to be established by Wartsila and Valmet. Mr. Laine has previously served as head of marketing for FINNPAP in Helsinki, in international duties in Warsaw and Frankfurt,
Shipowners, shipbuilders and bankers were told at a recent meeting in London that as much as $200 billion will be needed over the next decade to replace the world's aging shipping fleets. Rex Harrington, of the Royal Bank of Scotland, forecast that
Two of Finland's biggest shipyards, Wartsila and Valmet, will merge into one shipbuiding group, with Wartsila taking a controlling 70-percent interest. To begin operations in early 1987, the merger will make the new group a market leader in specialty vessels,