Two years ago the President presented to Congress a program to reverse more than a decade of declining American military strength. In the preceding 10 years, real defense spending had declined 22 percent; our nuclear megatonage had been cut in
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
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
This past February, the Administration released its long-awaited National Energy Strategy, laying out a range of options for federal energy policy that could reduce the nation's dependence on imported oil, especially from unstable sources like the Mideast.
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,
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
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.
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
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.