revenues
The New Name of Finnish Shipbuilding
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
Port Of Portland's Drydock —Largest On West Coast— Arrives At Swan Island Yard
The arrival of the Port of Portland's 982-foot-long floating Dry- Dock 4 completes five years of research, planning and construction, and was made possible by the confidence and financial support of Portland Metropolitan Area voters. The Japanese
BOOM TIMES FOR KOREAN SHIPBUILDING
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),
Aker And Kiewit Form Partnership To Serve Offshore Industry
Aker a.s. and Peter Kiewit Sons, Inc., recently announced their agreement to form Aker Gulf Marine, a Texas partnership. Aker Gulf Marine will offer fabrication and construction services to the offshore oil and gas industry. Aker will own 51 percent and Kiewit 49 percent of the new company.
Northrop Grumman To Acquire Litton Industries For $5.IB
In a move which effectively creates a defense and marine naval construction giant, Northrop Grumman Corp. and Litton Industries jointly announced late last month that they have signed a definitive agreement under which Northrop Grumman will acquire