Hitachi Zosen Wins Bergesen Order
Hitachi Zosen Corp., a major Japanese shipbuilder, won 29 billion yen worth of orders from Bergesen D.Y. Group ASA of Norway for four 300,000-ton oil tankers. The…
Japanese Ship Export Contracts Up
Ship export contracts concluded by Japanese shipyards in December totaled 16 vessels, or 667,650 grt, up 19.1 percent from a year earlier, the JSEA said. The orders consisted of two freighters…
BDI Down Five Points
The Baltic Dry Index (BDI) was down five points to 1,400, the Panamax down 14 to 1,464, Capesize down 5 to 1,703 and the Handy up 4 to 1,042. Brokers reported continued…
French Seek Italian Help
French justice officials have asked Italy for help in investigating the December 12 sinking of the Maltese-registered tanker Erika which caused a serious oil spill off France's west coast.
ASA's Passionate Push For 300-Ship Navy
The American Shipbuilding Association, led by president Cynthia L. Brown, again reiterated the desperate need for increased naval ship construction now to stave off the natural progression of the U.S.