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Todd Shipyards Los Angeles Division To Build Four 89,700-Dwt Tankers At A Total Cost Of $136 Million

Todd Shipyards Corporation recently announced that it has signed contracts for the construction of four 89,700-dwt tankers at approximately $34 million per vessel. Two of the tankers will be built for subsidiaries of Overseas Shipholding Group, Inc.

Specialties Cornerstone of Canadian Market

The past decade was a tough one for the Canadian shipbuilding market. It was a decade that produced a decline of both employment and decline of newbuilds, many of which were contracted in the late 1980s still awaiting construction. This unfinished

 
 
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