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
Consolidation in the diesel engine building sector is partly a reflection of the substantial capital expenditure required to maintain product development and technological advance in a business characterized by comparatively low unit margins. By spinning-off
Editor's note: This article pertains to commercial shipbuilding. Details of the U.S. Navy shipbuilding program, which includes the construction of 90 vessels and three major conversions over the next five years, are highlighted in Mr. McCaul's article,
Charlottesville, Va., is home to Sperry Marine Inc., a company which enjoys a world leadership position in an electronics market increasingly dominated by the Japanese. Sperry Marine, which celebrated its 80th anniversary last year, traces its
Much as h a s t r a n s p i r e d in m a i n s t r e am c o n s u m e r markets, the dot c o m craze has r e c e n t l y e n v e l o p e d the maritime w o r l d w i t h p r o m i s e s of c o s t s a v i n g s and o p e r a t i o n a l e f f i c i e n c i e s.
As part of a strategy to take responsibility for shipping half the crude and product exports from Venezuela, the shipping arm of Venezeulan oil company Petroleos de Venezuela (PDVSA) is planning to build up to 22 new vessels spanning diverse ship types over the next five years.
Oslo, Norway, June 13-16 Nor-Shipping '89, an international shipping and maritime offshore exhibition and conference, will be held at the Sjolyst Exhibition Center in Oslo, Norway, from June 13- 16, 1989. So far, 300 firms have registered at
The SMM exhibition in Hamburg has once again proven that it is the cradle of marine technology and the grand-daddy of all marine exhibitions. On display in 12 separate halls were more than 1,300 exhibitors from more than 50 countries, launching
NAVY SEALIFT SHIP PROGRAM TO INJECT $1.3 BILLION INTO U.S. MARITIME INDUSTRY DEFENSE DEPARTMENT PLANNING 5 YEAR PROGRAM
Sealift is essential both to executing this country's forward defense strategy and to maintaining a wartime economy. The United States' national sealift objective is to ensure that sufficient military and civil maritime resources will be available to meet defense deployment,