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,
Earlier this year, after intensive design investigation and development, the Commonwealth of Australia Department of Defense placed a contract with Carrington Slipways Pty Ltd. for the construction of two prototype catamaran minehunters for the Royal Australian Navy.
The Littoral Combat Ship (LCS) is a new ship design concept being considered to combat emerging threats in the littoral. It will be a relatively small, focused-mission combat ship that will revolutionize the way the U.S. Navy builds and fights ships.
A.E. Stanford, president of Dytam Marine Inc. (USA), has announced the opening of a New York office at 1114 Avenue of the Americas, New York, N.Y. 10036. Mr. Stanford, a director of Dytam Tanker GmbH (Germany), will be responsible for the worldwide coordination
The U.K.'s Yarrow Shipbuilders recently won an order to build three more Type-23 frigates for the Royal Navy. The order for a fourth ship will be held over until next year when another batch of new vessels will be announced. Each ship is about
A contract valued at about $79 million for construction of a jackup type drilling rig has been awarded to Hitachi Zosen's Osaka yard by the Dutch shipping group Royal Nedlloyd. Nedlloyd claims that the rig, which will have four legs for extra stability instead of the usual three,