As the LNG trade significantly increase over the next decade, transporting the fuel in ever larger, more sophisticated ships means particular attention must be paid to technical issues to ensure the present and long-term viability of the new generation of larger LNG carriers.
William N. Johnston was elected president of the American Bureau Shipping at the semiannual meeting of the ABS board of managers held in New York City on September 20, Robert T. Young, chairman and president, announced. Mr. Young, who will remain chairman of the board of ABS, said that Mr.
The U.S. Department of Defense has authorized the Navy to procure five production versions of the PHM (Patrol Hydrofoil Missileship) under an appropriation of $282.1 million. Delivery of the first vessel in this production program is expected from The Boeing Company, Seattle, Wash.
The bunker industry is witnessing interesting times. Throughout the last 12 months, prices have doubled for many grades of fuel, reaching unparalleled levels. At the same time, the industry has seen the launch of the first serious Internet- based marine fuels sales operations.