Faced with current marine market conditions—an outlook that indicates at least several years of continued low activity in new construction and repowering projects—what strategy should a major manufacturer of diesel engines pursue? Colt Industries'
Carrington Slipways Pty. Ltd., Old Punt Road, Tomago, N.S.W., A u s t r a l i a , on September 17 launched a self-unloading cement carrier. Named for the owning company, the M/V Goliath was christened by Lady Patricia Somerset, wife of Sir Henry Somerset, C.