German predilection for technological advance permeates all areas of primary business and industrial activity, to the undoubted benefit of the competitive standing of its international market players. In the maritime domain, a clear appreciation
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,
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.
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.
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,
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,
Global Transport Organization (GTO), a San Francisco, Calif.- based transportation group, has announced the formation of a firm to operate ro/ro barge service between Europe and Saudi Arabia. The new firm has been named Euro-Arab Sea Trailer (EAST).
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,
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.
The Buenos Aires, Argentina, and Manila, Philippines offices of the American Bureau of Shipping (ABS) have been designated Technical Offices, and now provide hull plan approval services in addition to field surveying. The addition of the two offices brings