cargo
Walter Kidde To Sell U.S. Lines To WUI, Inc.
Walter Kidde & Company, Inc. and WUI, Inc. have announced that an agreement in principle has been reached for the sale of U.S. Lines, Inc. to WUI. Under the terms of the proposed sale, Kidde is to receive $70 million in cash and a $27-million subordinate note of U.
Joint Venture Receives Title XI For $109-Million Chemical Carrier
The Maritime Administration has approved in principle an application for a Title XI guarantee to aid in financing the construction of the Chemical Pioneer, a 35,000- deadweight-ton chemical carrier being built by Newport News Shipbuilding and Drydock Co.
Barge Rates Surge As Demand Rises, Water Levels Fall
In response to increased demand and low-water concerns on the Mississippi . River, barge rates have jumped to their highest levels in two years. The rates charged to shippers are expected to continue firm through the remainder of the harvest,
Navy Civil Engineering Lab Completes Studies On Future Pier Designs
The Naval Civil Engineering Laboratory (NCEL), Port Hueneme, Calif., a leading investigator of innovative pier designs for surface combatant ships such as frigates, destroyers, and cruisers, has completed two comprehensive studies to generate
Agreement In Principle Announced On U.S.-U.S.S.R. Marine Insurance
For the first time since the U.S.-U.S.S.R. Maritime Agreement was signed on October 14, 1972, the Soviet Union has agreed in principle to share with U.S. underwriters the placement of marine insurance on cargoes moving between the two countries, it was announced by Robert J.
National Cargo Bureau Reports On '76 Activities
The 26th Annual Meetings of Members and Directors of the National Cargo Bureau, Inc., were held recently at the Board Room of the American Institute of Marine Underwriters, 99 John Street, New York City. John R. Walbridge, vice president of the Insurance Company of North America,