The announced merger of Kvaerner Masa-Yards and Aker Finyards — both members of the Aker Yards Groups — draws to a conclusion nearly a decade of change within the Finnish shipbuilding community, while providing the technically talented and market
2002 will surely not be counted as "a banner year" for many, if any, industries, particularly not for the leisure and travel niche. The cruise industry survived a tough year, as terrorism, a shakey economy and sickness outbreaks onboard ships grabbed headlines.
Krupp MaK of Kiel recently obtained orders for the supply of complete propulsion plants for three new f e r r i e s for the Norwegian Hurtigruten-Line, to be built by Volkswerft Stralsund. Each of the ferries is to be equipped with two Krupp MaK series 6M552C main propulsion diesel engines,
The board of directors of Diamond M Drilling Company, Houston, TexasJbased international drilling contractor, has authorized the construction of two new selfelevating jackup drilling rigs and a self-propelled semisubmersible drilling vessel. The