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Dravo Acquires The Ryan-Walsh Group

Dravo Corporation, Pittsburgh, Pa., announced it has acquired the Ryan-Walsh group of companies following approval by shareholders of the Mobile-based cargo-handling organization. The acquisition was made on the basis of 18.825 Dravo common shares for each of the 21,

New Major Shipyard To Be Formed In Hong Kong

A new major shipyard, Euroasia, is to be formed in Hong Kong between the C.Y. Tung Group, Chung Wah and A & P Appledore International Ltd. on Tsing Yi Island. Euroasia will incorporate the ship repair business of the Overseas Shipyard Corporation,

 
 
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