The self-propelled, $82-million, drilling rig High Seas Driller, built by Daewoo Shipbuilding's Okpo facility, was transported to the North Sea by the Ferncarrier. The heavy transport ship was developed by JL Heavyweight Transport of Denmark and
Pearlson Engineering Company, Inc. of Miami has begun work on the world's largest ship transfer system that will be installed at Vickers Shipbuilding and Engineering Limited in Barrow-in Furness, England, as part of the yard's Submarine Facilities Project.
"One of the greatest ironies of today's world is that the United States, which needs both a powerful Navy and a strong and economically viable U.S.-flag merchant marine, has permitted both to languish," U.S. Congressman Elwood H. Hillis of Indiana,
Commercial yards have performed more than 60 percent of maintenance availabilities over the past six years. Of the 1,261 scheduled maintenance availabilities performed between FY 1985 and 1990, 799 (63 percent) were contracted to commercial shipyards.
Newport News Shipbuilding, a Tenneco company, has purchased a 412,000-square-foot manufacturing plant on 50 acres of land in Arden, N.C., near Asheville. The 12-year-old plant will be used for light machining operations to support an expanded