shipyard
The Dash for Gas
The gas market is exciting, but only for those with a steady nerve and long-term commitment. Over 20 new LNG import projects have been mooted for the U.S. alone. We are witnessing an unprecedented expansion of shipping capacity to meet this and worldwide expansion of demand.
'Griffin-Alexander I' Now In Service- First Of Eight Costing $280 Million
Griffin-Alexander Drilling Company has announced that the first of its eight new jackup drilling rigs is now in service. The Griffin- Alexander I (shown above under tow), a Bethlehem cantilever design, m a t - s u p p o r t e d jackup built by Bethlehem Steel at its Beaumont,
Mississippi Marine Towboat Delivers Harbor Boat To Union RR
Mississippi Marine Towboat Corporation, Greenville, Miss., recently delivered the M/V Sureboat to the Union Railroad Company, a division of U.S. Steel Corporation of Pittsburgh, Pa. The custom-designed double chine harbor boat will be utilized
Dome Acquires Davie Shipbuilding At Total Cost Of $38.6 Million
Dome Petroleum Limited and Davie Shipbuilding Ltd. recently announced that Dome has acquired all the shares of Davie for a total consideration of $38.6 million, consisting largely of shares of Dome and the balance in cash. Davie net income after tax for 1980 was $7 million.
Sun Company, Levingston Sign Letter Of Intent For Pa. Shipyard Sale
The Sun Company, Inc., announced recently that it has signed a letter of intent for the sale of the assets of its Sun Ship subsidiary of Chester, Pa., to Levingston Shipbuilding Company, Orange, Texas. Terms of the transaction were not disclosed.
PSRY Now Major Center For Cruise Ship Destination, Repair And Conversion
Cruise ship owner confidence in Port of Portland Ship Repair Yard's (PSRY) unique abilities and convenient location have made it a major center for cruise ship destination, repair and conversion in the Pacific Northwest. In addition to taking advantage of PSRY's Dry Dock 4,