The world's second largest shipbuilding nation, Korea, is in the midst of a shipbuilding boom. All the leading indicators— order receipts, actual ship construction, backlogs and ship prices—are all on the rise. According to the Korea Shipbuilders' Association (KSA),
The Navy's 22nd Aegis guided missile cruiser, the U.S.S. Anzio, CG 68, is scheduled to be commissioned into the Atlantic fleet at the Norfolk Naval Station, Norfolk, Virginia this month. Captain H. Wyman Howard, Jr., USN, will be accepting command of the ship, with Lieut.
According to Boud van Rompay, executive director of Hydrex, "This new development will change the face of underwater repair work, as it provides a fast, yet top quality means to carry out such major jobs as thruster replacement and repairs." Rompay
Swann Oil, Inc., an independent marketer of industrial fuel oils, recently announced the successful completion of sea trials and the formal christening of its wholly owned ocean tanker, the M/V Dolores Swann. The M/V Dolores Swann was constructed in Saint John,
Paul I. Beining, president of CDI Marine Company, Jacksonville, Fla., recently announced major changes in the organizational structure of the company. Donald W. Jett has been promoted to executive vice president responsible for the operation of the
James R. Derusha has been appointed vice president of manufacturing at Marinette Marine Corporation, Ely Street, Marinette, Wis. 54143. It is the latest of several management positions Mr. Derusha has held during his 20 years with the Wisconsin shipbuilder.
In a move which effectively creates a defense and marine naval construction giant, Northrop Grumman Corp. and Litton Industries jointly announced late last month that they have signed a definitive agreement under which Northrop Grumman will acquire
John J. McMullen Associates, Inc., naval architects, marine engineers and transportation consultants of One World Trade Center, New York, N.Y. 10048, have announced the opening of a new office located at 2101 Executive Drive, Hampton Roads, Va.
The board of directors of Diamond M Drilling Company, Houston, TexasJbased international drilling contractor, has authorized the construction of two new selfelevating jackup drilling rigs and a self-propelled semisubmersible drilling vessel. The
Wendle W. Huddleston, president and chief executive officer of Hudson Shipbuilder, Inc. (HUDSHIP), recently announced that he and Larry D. Hornbeck, president of Hornbeck Offshore Services, Inc. of Galveston, Texas, have signed a contract for the construction