Whenever the negotiations for the sale of a ship become serious, one or more of the parties to the deal will try to estimate the future value of the ship, the so-called residual value. The ...

Kepphil Shipyard Incorporated, a subsidiary of Keppel Philippines Holdings, Inc., recently completed and delivered its largest clean product tanker. The 4,990-dwt vessel is the first of a two ...

ARESUME of work done up to the present time in the different harbors of the United States, Cuba, Porto Rico, San Domingo, Chile, and other countries in the West Indies and South America ...

Keeping in step with the dynamic pace of technological advances and breakthroughs in electronics, computers, software, fiberoptics, etc., marine navigation and communications systems continue to ...

Armed Robbery at Sea: Navigating The High Seas of Crime The vast, open oceans have long served as conduits for commerce, adventure, and exploration. However, along with the grandeur of maritime ...

Dubai Drydocks has won a contract for the conversion of a tanker into a Floating Storage Offloading Unit (FSO). The engineering was carried out by Single Buoy Moorings (SBM) and the FSO will be ...

A focus on higher value, specialized vessel types has been the cornerstone of strategy in Spanish shipbuilding for some years. While state-owned Astilleros Espaholes (AESA) has successfully ...

THE application of pneumatic power by means of air compression is a most valuable feature of modern industry, being the most advanced and useful method of applying power to small areas of ...

Raytheon Co. and Compact Software have been awarded an approximately $4 million contract to develop a computer-based system to aid in the design of high frequency vacuum power tubes in specialized ...

Bender Shipbuilding & Repair Co., Inc. joined ENSCO Drilling Company (EDC) for a christening ceremony for the ENSCO X, the second of two drill rigs constructed by Bender for oil exploration on ...

The much anticipated passing of an International Maritime Organization (IMO) standard for Electronic Chart Display Information Systems (ECDIS), expected by November 1995, will impact the ECDIS ...

The Suezmax market is undergoing a profound realignment: major independent shipowners, such as Bergesen d.y., C.Y. Tung and Sanko S.S. have exited the Suezmax market over the course of the last ...