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.
Open-hatch bulk carrier technology, championed by specialist operators in the North American trade, is to be taken an important stage further through the adoption of deck gantries promising gains of up to 50 percent in cargo handling productivity.
Praised by colleagues in the German shipbuilding industry for its efficient, quality operation, Meyer Werft has been in business since 1795 — but has since 1975 been building a completely new shipyard, and most of the plants on-hand today were installed only in the last decade.
The aim of any shipowner is obviously to keep a vessel in shape and operating for as many revenue-generating days as possible per year (cargo rates willing, of course). Singapore - which is one of the world's busiest ports - was the sight of a unique repair j ob on a Panamanian tanker.
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.
Entering the 1980s, it is hard to believe that it is now more than six years since the last "boom" in the big bulk carrier market was ended by the "Oil Crisis," and an abrupt change in the trading pattern of the combined fleet. For much of this period,
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,