Machine Tool Applications News

Climax: the ACME of Economics for Shipyards

Portable, cutting edge technology for critical shipyard applications. Discussions that involve global shipbuilding in today’s complicated economic environment are anything but a cut and dried proposition. For example, international shipbuilding, slowed by the overbuilt containership and tanker sector and a lingering recession, finds itself retrenching for the next boom and hoping to capitalize on retrofit and repair markets that will very soon be the beneficiary of mandatory ballast water treatment installations. Closer to home, a robust recapitalization of the domestic inland, offshore and even the bluewater sectors promises one of the longest cyclical upswings in history. Optimism for U.S.