A stagnant economy, threat of overcapacity and canceled cruises due to repairs and late deliveries have conspired to slow the hyper-growth cruise industry has enjoyed for the past decade. Even last year's new Millennium, which hurst onto the cruise scene with its new gas turbine propulsion,
Shipping Research Services Inc., 205 South Whiting Street, Alexandria, Va. 22304, has announced the appointment of Antonio Manchinu as general manager and treasurer of its U.S.-based office in Alexandria, Va. Mr. Manchinu was recently transferred from Shipping Research Services A/S in Oslo,
The U.S. Navy's Pacific Fleet received its newest ship, and its second Aegis guided missile cruiser, following the recent commissioning of the USS Valley Forge (CG-50) at the Ingalls Shipbuilding yard in Pascagoula, Miss. Principal speaker at the commissioning ceremony was William H.
The Maritime Administration has approved in principle an application by Moore McCormack Lines, Inc., a subsidiary of Moore McCormack Resources, Inc., Stamford, Conn., for a Title XI guarantee to aid in financing the reconditioning and reconstruction of the Mormacvega,
Retired Rear Adm. John B. "Jay" Foley III, USN, one of the U.S. Navy's outstanding leaders during a 33-year career, has been named vice president of Northrop Grumman's shipbuilding operations in Gulfport, Miss. Foley, who recently retired from the Navy as commander, Naval Surface Force, U.
The Maritime Administration (MarAd) has approved Title XI loan guarantees totaling $43.1 million to aid American Export Lines, Inc. in financing two containerships on order at the Bath (Maine) Iron Works Corporation shipyard, and refinancing two
GE Marine Engines has received partial funding from Ingalls Shipbuilding to begin the engineering work on equipment to be used on the U.S. Navy's eighth LHD Wasp-class large-deck, multipurpose amphibious assault ship. Measuring 844 ft. (257.2 m), the vessels displace 40,500 tons.
The first U.S. Navy surface warship to be named in commemoration of the Civil War Battle of Mobile Bay in Alabama was christened at the Ingalls Shipbuilding division of Litton Industries in Pascagoula, Miss., recently. The ship, officially named Mobile Bay (CG-53),
At the Shipbuilders Council of America's 56th Annual Meeting, the following Board of Directors was elected to serve for a period of one year: Paul E. Atkinson, Sun Shipbuilding & Dry Dock Co.; Bernard J. Bannan, Western Gear Corporation; William C.