commercial

Norshipco: Striving To Strike A Military & Commercial Balance

Norfolk Shipbuilding & Drydock Corporation (Norshipco) in Norfolk, Va., is a privately held corporation that has served the Port of Hampton Roads in the marine industry since 1915. Norshipco is a fullservice shipyard, and has enjoyed a reputation

 

I M O Pump D i v i s i o n Names G e o r g e E. P o n t on M a r i n e Sales M a n a g er

George E. Ponton has been appointed Marine Sales Manager for the IMO Pump Division, Monroe, N.C., of Transamerica Delaval Inc., it was announced recently by Christopher W. Smith, marketing manager. Mr. Ponton comes to IMO Pump Division from Advanced Marine Enterprises, Inc.

Setting a Course For Stability?

To characterize the business of carrying oil aboard tankers of any size or route as stable — would be foolhardy at best. But as curious as the market's undulations may appear to those on the outside, it is in fact the market's instability that serves as stability.

Peterson Receives $33.6-Million Contract For Two Heavy-Lift Ships

Robert J. Blackwell, Assistant Secretary of Commerce for Maritime Affairs, has announced the award of the first constructiondifferential subsidy (CDS) contract ever placed for heavy-lift roll-on/roll-off cargo ships. The award covers two vessels to be built by Peterson Builders, Inc.

American Abrasive Metals Announces New Non-Slip Roll-On Safety Coating

A new non-slip coating, proven in use by the U.S. Navy, is now available as original safety equipment for new or existing ships and offshore rigs, regardless of age. The safety coating is manufactured and marketed by American Abrasive Metals Co.

Net gains for yards

In today's tightly competitive, global shipbuilding environment, every opportunity has to be taken to squeeze cost out of the system, notwithstanding the considerable advances already achieved, especially over the past five years, in efficiency and productivity.

Title XI: Left Out in the Cold

Congress discontinues the credit insurance program relied upon by U.S. shipowners for more than 65 years Title XI Credit Insuranee Discontinued When the Conference Report for the Omnibus Spending Bill, which provides funding for the federal government through September 30,

 
 
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