A company specializing in computer- assisted marine design and research and development opened recently at B.C.I.T., Discovery Park, Burnaby, British Columbia. Seatronics Technologies Ltd. has emerged from a long-established company, Seaspan Development Co.
The Rauma-Repola shipyard in Uusikaupunki, Finland, earlier this year handed over to its Soviet trading partner, V/O Sudoimport of Moscow, a type SB 406 oceangoing salvage tug, the 14th oceangoing tug delivered by that yard to the USSR. Construction of the series started in 1976; four 3,
The role of towage, salvage and heavy-lift within the shipping industry is not large, but its importance far outweighs its size and it embraces an impressive and diverse range of expertise. The individual markets have undergone major upheavals
Smit Salvage has developed a new. patented wreck removal cutting system that is designed to be fast and cost effective, and was used during the successful recovery of the Russian submarine Kursk last year. The new system utilizes a special abrasive cutting
Titan Maritime recently had its expertise put to the test with the wreck removal operation of a 426 x 105 x 28 ft. (130 x 32 x 8.5 m), 7,279 grt materials barge. The vessel was transiting the area of Mina Saqr Port in Ras A1 Khaimah, United Arab
Newpark Resources, Inc., has announced their purchase of a 50 percent interest in Bulkfleet Marine Corporation for an undisclosed cash amount. Bulkfleet was organized to design, construct and operate Dedicated Deep Notch Tug Barge Units (DDNTBU) in charter service along the U.
Two leading tug firms in the United States, Moran Towing Corporation of New York, N.Y., and Crowley Maritime Corporation of San Francisco, Calif., have announced the formation of Ocean Salvors Company (OSC), a joint venture, to provide marine salvage,
Loan guarantees totaling nearly $82 million were approved by Maritime Administrator Warren Leback for six financing and refinancing applications under the agency's Title XI program. With only one guarantee approved since 1987, the program had been virtually dormant.
A major spokesman for the nation's barge and towing industry said that recent government action to drastically reduce the federal deficit greatly increases the need to establish a government- industry "Users Board," consisting of representatives from
The following is a condensation of a technical study prepared by the engineering and research departments of Samson Ocean Systems, Inc., Shirley, Mass. The report analyzes and compares the performance characteristics of the traditional towing