Increasingly, environmental demands from governments and groups - large and small - will continue to shape the way in which the marine business is conducted. Pressure on ship and boat owners to keep the waters in which they work as pristine as possible has been building for years,
The Credit Rating and Insurance System (CRIS) — a specialized and reportedly realistically priced credit risk insurance plan, tailored to meet the debt protection and credit information needs of the international marine industry — was launched recently
The People's Republic of China has ordered petroleum drilling controls and blowout preventers valued at approximately $2 million from The Rucker Company, a major producer of petroleum drilling and well production equipment. Company officials said
The Maritime Subsidy Board has determined the fair and reasonable price and constructiondifferential subsidy (CDS) rates for the reconstruction of two 89,700-deadweight-ton tankers, the Chestnut Hill and Kittanning, operated by Chestnut Shipping Co.
Far East-Levingston Shipbuilding Ltd. (FELS) has signed a contract to construct a semisubmersible accommodation and construction platform for Consafe Offshore AB. The rig will be built in Singapore, and is scheduled for delivery in the third quarter of 1982.
Boots Hansen of Boots & Coots Inc. of Houston, Texas, and Paul Koomey of Koomey Inc. of Brookshire, Texas, recently announced the development and sale of a new device for high-pressure oil or gas wells they feel is a significant answer to platform safety.
Swan Hunter Shipbuilders Limited of Great Britain have received an order to build a specialized vessel costing approximately $8,750,000 to carry spent nuclear fuel from Japan to France and the United Kingdom. The ship has been ordered by Pacific Nuclear Transport,