Setenave-A New Portuguese Shipyard Setenave — Estaleiros Navais de Setubal (Setenave Shipyards), was founded in May 1971 for the purpose of operating a new construction shipyard at the mouth of the Sado River, in the vicinity of the town of Setubal, Portugal.
Norfolk Shipbuliding and Drydock Corporation (Norshipco), Norfolk, Va., has dedicated its new $5-million, 1,030-foot pier for general ship repair, marking completion of the initial phase of an expansion program expected to nearly double the yard's current 2,200 employment within four years.
The world's second largest shipbuilding nation, Korea, is in the midst of a shipbuilding boom. All the leading indicators— order receipts, actual ship construction, backlogs and ship prices—are all on the rise. According to the Korea Shipbuilders' Association (KSA),
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
Atlantic Marine, Inc., Mobile, Ala., recently purchased a floating drydock for use at its Mobile, Ala., shipyard, with a capability to lift ships up to 225,000 deadweight tons. The drydock is being prepared for tow and it is expected to enter the Port of Mobile in mid-winter.
James R. Derusha has been appointed vice president of manufacturing at Marinette Marine Corporation, Ely Street, Marinette, Wis. 54143. It is the latest of several management positions Mr. Derusha has held during his 20 years with the Wisconsin shipbuilder.
Bath Iron Works' Bath, Maine, record-breaking work backlog passed the half-billion-dollar mark with the recent announcement of a firm $150-million Navy fixedprice incentive award to the shipyard for three more guided-missile frigates in the FFG-7
To integrate all aspects of new Naval construction in its Seattle, Wash., and Los Angeles, Calif., Divisions under previously announced contracts of over onehalf billion dollars, Todd Shipyards Corporation will establish a wholly owned subsidiary
Paul I. Beining, president of CDI Marine Company, Jacksonville, Fla., recently announced major changes in the organizational structure of the company. Donald W. Jett has been promoted to executive vice president responsible for the operation of the
AIRFILCO Engineering of New Orleans, La., has been awarded the contract to furnish two AIRFILCO Inert Gas Systems for the EXXON, U.S.A. tankers under construction at Avondale Shipyards, Inc. This is the second such contract for AIRFILCO Engineering, Inc.