Despite the threat of overcapacity' in the cruise shipping industry', newbuilding contracts have remained on a constant high — specifically in the mega ship sector. This new trend, which seems to have taken on a life of its own in the industry,
The maritime industry now views the future with greater confidence than it has done for many years. The shipping and shipbuilding sectors are now making a slow but steady recovery. For the first time in many years, the number of orders for the construction of new vessels has risen,
A convincing economic argument fuels the liner shipping sector's adoption of unprecedented capacity ratings, with a new level soon to be reached in impending projects for newbuilds in the 9,000-TEU category, and technical work set in train for ships in the 10.
In his year-end statement, Edwin M. Hood, president and board chairman of the Shipbuilders Council of America, a national trade association representing the nation's major commercial shipyards and suppliers of marine equipment and materials, stated, in part: "U.
A PREVIEW The Second Annual National Maritime Show and Maritime America Conference will be held at the Baltimore Convention Center on March 29-31, 1983. Over 90 manufacturers and suppliers of marine-related equipment will display their range
Hamburg, West Germany September 25-29 At the 11th International Ship, Machinery, and Marine Technology Trade Fair (SMM '84) to be held at the Hamburg Exhibition Center in West Germany September 25-29, more than 500 exhibitors from 24 countries will be filling some 45,
Secretary of Commerce Juanita M. Kreps has announced the award of a $28,542,000 contract to Equitable Shipyards, Inc., New Orleans, La., to construct three breakbulk cargo ships for American Atlantic Shipping, Inc. of New York, N.Y. The Maritime Administration (MarAd), an agency of the U.
Mediterranean Shipping Company. (MSC) has announced that its cruise division, Mediterranean Shipping Cruises has confirmed an order for a new $250 million, 1,600-passenger capacity cruise ship to be built by the French shipyard, Chantiers de l'Atlantique.
Racal-SMS Ltd., Surrey, Enland, has announced that recent orders for the Marine Radar and Navigation Simulator Type 9000 have totaled over $2.8-million. Orders have been received from Canada, Germany, the Middle East, Korea and China. The MRNS
Texaco, Inc. has announced that Kenneth F. Murchison, general manager of the company's International Marine Sales Department, has retired, effective September 1, after a long and successful career in the commercial marine industry. Born in Glen Cove, N.