Despite the recent drop in passenger bookings, some industry analysts are predicting that by the year 2000, more than 10 million passengers will take cruises annually. These projections are based on a growth level of 10 percent per year. Present cruise passenger levels stand at 3.
Zapata Corporation, Houston, Texas, announced recently that it has signed contracts for the construction of three new jackup rigs for its offshore drilling fleet in two Singapore shipyards. The company said the U.S.-flag rigs will be owned and operated by Zapata Off-Shore Company,
The Dutch heavy-lift specialist Wijsmuller Transport B.V. has signed an exclusive agreement with the Russian Baltic Shipping Company in St. Petersburg for the worldwide commercial management of two heavy-lift vessels, the Stakhanovets Kotov and Stakhanovets Ermolenko.
The Shipyard Division of The Great Lakes Towing Company, Cleveland, Ohio, recently completed the drydocking and overhaul of the U.S. Army Corps of Engineers tug Forney. The work was completed on schedule and included tank and underwater hull inspection/preservation,
The executive board of Hapag- Lloyd AG, Hamburg, West Germany, recently announced that Hans D. Druegg, president and chief executive officer of Hapag- Lloyd (America) Inc., will assume an executive position in Hapag-Lloyd's European marketing and sales organization.
United States Cruises, Inc. (USCI) of Seattle has applied to the Maritime Administration for a Title XI guarantee to aid in financing the reconstruction and conversion of the SS United States from a trans-Atlantic liner to a luxury cruise ship.
Managers of the Marine Corps League-sponsored "Modern Day Marine—Force in Readiness Military Exposition" have announced that over 80 percent of the 95,000 square feet of exhibit space in the Sheraton Washington Hotel has been committed for their scheduled July 22-24,
Barge Operators Assess Impact Of OPA And Future Of The Industry The repercussions of the Oil Pollution Act of 1990 have been felt by the entire marine industry, but no where more acutely then in U.S. inland waterway and coastal transport operations.
A new eight-page, full-color brochure now available discusses the drilling capabilities and equipment fleets of the three drilling contractors and the well servicing/workover company which make up Marathon Oilfield Service Companies, headquartered in Houston, Texas.
Trinity Industries, Inc., has strengthened its ship repair and conversion capabilities in Beaumont, Texas, with the acquisition of a 579- foot, 15,000-ton lifting capacity floating drydock. "With this large, heavy lift drydock, we can accommodate