Astilleros Y Talleres del Noroeste (ASTANO) of Ferrol (La Coruna), Spain, recently completed the semisubmersible drilling vessel Drillmar I for Drillmar, S.A. The design, by Friede & Goldman, Ltd., is the latest version of their Pacesetter Class.
A control manufacturer, like any other organization, is in business to sell a product at a profit and therefore, makes every effort to develop and standardize a line of products that is acceptable to a given market in terms of overall performance and is within established price limitations.
Ocean Shipholdings, Inc. (OSI) recently announced that two of its affiliated companies have assumed operational management of two U.S.-flag integrated tug/barge vessels under 12-year contracts with subsidiaries of Occidental Petroleum Corporation.
M a s c h i n e n f a b r i k Augsburg- Nurnberg AG of West Germany has acquired all of the shares held by Burmeister & Wain A / S in the Danish company B & W Diesel A/S. M.A.N, now holds 99.5 percent of the shares in that company; the remaining
Thyssen Nordseewerke GmbH of Germany has designed a new submarine capable of extended underwater endurance using a closedcycle diesel engine. The 98.4-foot-long by 18.7-footbeam mini-sub, dubbed the TR-300, would displace 300 tons submerged and carry a crew of eight sailors.