The Penn Central Corporation's Marathon Manufacturing Company has signed $326 million in contracts with the Rowan Companies, Inc. for the construction of eight offshore oil and gas mobile drilling rigs. Marathon's marine construction order backlog now totals 43 rigs,
Liner shipping is traditionally a cyclical business, subject to dramatic peaks and troughs and sudden changes in fortune in individual trade lanes. Today's ebullience among all sectors of container shipping, including its various intermediaries,
Representatives of Blohm & Voss AG, Hamburg, West Germany, signed a contract in Moscow recently with the Soviet foreign trade organization, Sudoimport, for the design, construction, and delivery of a special service vessel for the USSR's Ministry of the Gas Industry.
Bethlehem Steel Corporation's Beaumont, Texas, shipyard and Houston Offshore International, Inc., recently commissioned the second offshore drilling rig built by Bethlehem for this Houstonbased drilling contractor. The rig is the Sabine I I ; Mrs.
Heavy transport shipping specialist, Dockwise, was granted a contract by Hanjung Korea Heavy Industries & Construction Co. Ltd. for the transportation of four super post Panamax container cranes from Changwon, Korea to Jacksonville, Fla. Following the six-week voyage,
A splashing debut with new innovations could best describe the inauguration of Celebrity's Millennium, which occurred in England this past summer. Ironically, the splashing part of the gas turbine-powered vessel's debut is what is now causing headaches at the Miami, Fla.