Today, the first of six identically designed 3800 TEU containerships, on order by Hamburg Sd, will be christened at the Samsung Heavy Industries yard in Korea. Reviving a series of names with a long tradition at Hamburg Sd, the ships…
Norman Y. Mineta has been sworn in as the 14th U.S. secretary of transportation, following unanimous confirmation by the U.S. Senate. Mineta will oversee an agency consisting of almost 100,000 employees and a $58.7 billion budget. Created in 1967, the…
The Lockheed Martin Company and Adacel have signed a U.S. $20.8 million contract. Adacel will provide Lockheed Martin with software which will increase air navigation efficiency and capacity in US controlled airspaces over the Pacific, Atlantic and Arctic oceans. “This…