June 1983 - Maritime Reporter and Engineering News
$50-Million Order For Bulk Carriers Placed By OSG With Far East Yards
Overseas Shipholding Group, Inc. of New York, N.Y., a major bulk shipping company, recently announced the placement of orders with undisclosed shipyards in the Far East for the construction of four small geared dry bulk carriers of 27,000 to 30,000 dwt for its international fleet.
Two of the ships are scheduled to be delivered in the latter part of 1984 and two in the last half of 1985. Value of the contracts was reportedly $50 million.
OSG, operating in both the domestic and worldwide bulk shipping markets, currently has a fleet of 75 vessels with a total carrying capacity of 6.5 million dwt. These figures reflect the recent sale of two older small vessels in the company's international fleet, as part of its continuing program of upgrading and modernizing its fleet.
Although an increasing amount of OSG's international tonnage is entering the "spot" or shortterm markets, the major portion remains under medium and longterm charters.
Other stories from June 1983 issue
Content
- Marinette Marine To Build New Shipbuilding Facility Costing Over $6-Million page: 7
- Senior Appointments Announced By CN Marine page: 7
- CNR Completes Conversion Of Third Containership In Hellenic Lines Program page: 8
- National Marine Service Offers Free Brochure Detailing Shipyards —New No. 7 Drydock In Service page: 10
- AMSHIP & Navidyne Demonstrate First Successful Transfer Of Data On Great Lakes Via Satellite page: 10
- Canadian Pacific Fleet Orders $1.2-Million Krupp Atlas-Electronic Radars page: 12
- Marco Delivers 38-Foot Skimmer To Panama Canal page: 14
- $50-Million Order For Bulk Carriers Placed By OSG With Far East Yards page: 14
- Sullivan To Retire As President And CEO At Bath Iron Works page: 15
- Surge In Demand Forseen For Chemical Tankers page: 15
- Peebles Elected Senior VP Of Transportation And Cargo Handling At Dravo page: 16
- Baldt Consolidates Offshore Sales Support Operation —Literature Available page: 17
- APL Completes Its Top Management Realignment page: 17
- The Posture Of The Navy Marine Corps Team — Fiscal Year 1984 — page: 21
- U.S. MERCHANT SHIPBUILDING page: 28
- A Surge In Activity For 1984 page: 34
- Competition Is The Key To The Future Success Of The Barge Industry page: 42
- AWSC -- Anticipating A Better Future page: 48
- Canadian Government Actions Hold Promise Of Future Upturn page: 52
- Canadian Shipbuilding And Offshore And Arctic Prospects page: 56
- WORLD SHIPBUILDING page: 60
- Doing Business With The Navy page: 77
- Bender Shipbuilding Delivers Three 192-Foot Supply Vessels To State Boat page: 108
- Major Coal Export Terminal Opens page: 108
- Navy Orders Hydrographic Launches From Uniflite —Literature Available page: 109
- Fairbanks Morse Engine Division Receives $11.5-Million Navy Order page: 110
- I M O Pump D i v i s i o n Names G e o r g e E. P o n t on M a r i n e Sales M a n a g er page: 111
- Racor Offers Literature On High-Performance Fuel Filter/Water Separator page: 112
- Curaship Marine Agencies Named Ship Repair Agents In U.S. For AG "Weser" page: 112
- Free Literature Offered On Armtec's Ultrasonic Liquid Level Monitoring System page: 114
- New NASSCO Offshore Division Awarded $5.5-Million Module Order page: 120
- Cunard To Buy Norwegian American Cruises In $73-Million Agreement page: 121
- Autocator introduces Veronesi Centrifuges To U.S. page: 122
- Papazissimos Named VP Controller For Sperry's Electronic Systems page: 122
- Two Executives Appointed At Designers & Planners page: 122
- NABRICO To Build Sections For Additional T-5 Tankers page: 123
- Philadelphia Resins System Solves Alignment Problems On World's Largest Movable Flood Barrier page: 124
- Scientific-Atlanta To Hold Satellite Communications Seminar November 7-9 page: 125
- Bethlehem Steel Lays Keel For Second T-AKX Reconstruction page: 129
- Wartsila Diesel's New Factory Starts Operations In Singapore —Literature Available page: 129
- AMSHIP Receives Three More T-5 Tankers Bringing Total To $300-Million page: 130
- Arcair Offers Free Catalog Of Underwater Welding And Cutting Equipment page: 130
- Burrard Yarrows Shipyard Launches 2nd Icebreaker page: 130
- Elliott Company Awarded Thruster Contract —Literature Offered page: 131
- Chesapeake Shipbuilding Awarded Contract To Build 122-Foot Restaurant Vessel page: 132
- Valmet Introduces New Automated Vessel Control And Regulation System page: 132
- Delta Shipyard Repairing Heavy Lift Vessel Inagua Sound —Free Literature Offered On Yard page: 137
- Avondale Built USS Platte Commissioned At Norfolk page: 137
- TIMCO To Market Texaco's Engine Monitoring Program —Free Literature Available page: 142
- Design And Construction Of Heavy-Lift Derrick Receives Arc Welding Foundation Award page: 143
- Frigate Nicholas (FFG-47) Launched At Bath Iron Works page: 143
