Offshore Survey Training Seminar Scheduled for October
Master Class Seminars has announced the hosting of the Offshore Survey Training Seminar, October 21 through October 25, 2002. The workshop will be held in West Houston, at a venue to be announced shortly. The course is being offered in response to a high level of demand for advanced and hands-on offshore survey training, and will include instruction on the theoretical, operational and data processing aspects of surface and underwater positioning, seabed mapping; geodesy and coordinate systems. There will also be talks on the latest concepts and technologies associated with GPS, inertial systems, and the relevance of GIS for offshore applications.
BAE-VT Shipbuilding JV Approved
Britain's BAE Systems (BAES.L) and VT Group (VTG.L) won permission from the European Commission on Wednesday to merge their shipbuilding operations, according to a Reuters report. BAE will hold 55 percent and VT the remainder, and the deal will involve BAE selling its 50 percent stake in Flagship Training Ltd to VT for up to $152.6m. The Commission noted that the two companies had not bid against each other in the design or building of a naval surface ship in the past decade, and so there was no problem with the venture. [Source: Reuters]
