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Maritime Industry Gets A New Act
After two years of machinations within Congress, involving various federal agencies and with some input from the private sector, the United States finally has a Maritime Transportation Security Act. This measure, when fully implemented, will impose
ABS President Discusses Bulk Carrier Safety
ABS President and CEO, Robert Somerville recently discussed Bulk Carrier Safety at a conference in London. His speech, in part, follows. It was in the tumultuous period when the tanker industry was still trying to adjust to OPA90, to the mandate for double hulls,
THE GOVERNMENT AS PARENT TO INDUSTRY: PARTICIPATION OR BENIGN NEGLECT?
There is an element in our political tradition which holds that government is, and appropriately ought to be, the parent of industry. All protestation to the contrary government, like a parent, has the capacity to nuture, encourage, build up, level, discourage or ruin industry—its child.
No Substitute for A Strong Navy
The President is proposing a much needed, and long overdue increase of $49 billion in his fiscal year 2003 budget for National Defense. What is astonishing is that this larger budget proposes slashing the Navy's shipbuilding procurement account
USS Safeguard Commissioned At Peterson Builders' Sturgeon Bay Yard
The USS Safeguard (ARS-50), the lead ship of the new Auxiliary Rescue/Salvage class vessel built by Peterson Builders, Inc., was recent- ly commissioned at PBI's Sturgeon Bay, Wise. yard. It was the first U.S. Navy ship commissioning held in Sturgeon Bay since the early 1940s,
Thor-Lube Stern Tube Bearing System on Shell LNG Carrier
Shell Gas & Power has accepted delivery of the first oil-free Thor-Lube stern tube bearing system built by Daewoo Shipbuilding and Marine Engineering Co. (DSME) of South Korea. This second generation oil free Thor-Lube stern tube bearing system developed by Thordon Bearings features TL3G,
First American Asks Title XI On Two Bulk/Containerships
First American Bulk Carrier Corporation, Orange, Texas, has applied to the Maritime Administration for a Title XI guarantee to aid in financing the construction of two bulk/container vessels. First American, a new company owned by the Pension