The first of four Friendship class river pushboats ordered by the Chang Jiang Shipping Administration of the People's Republic of China from Dravo Corporation was launched into the Ohio River recently at Dravo's Neville Island shipyard near Pittsburgh.
The China Corporation of Shipbuilding Industry has been awarded a contract to build nine anchor handling tugs/offshore supply vessels for a joint venture of two Singapore owners. Timur Carriers and Selco Ltd. The contract will be signed in Hong Kong
The Cahners Exposition Group (CEG) and the Seatrade Organisation recently announced the formation of a joint venture company to organize China's international maritime exhibition, "Marintec China" and "Marintec Offshore China," which has been held in Shanghai every two years since 1981.