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Which of the following will give shipowners the biggest headache in 2008?

Fuel costs
Crew shortages
Freight rates
Environmental regulations
Maritime security regulations

Marine Log

January 20, 2008

New shipyard for Houma

Synergy Shipbuilding has leased five acres from the Port of Terrebonne. Houma, La., for $3,000 a month and intends to build an indoor facility capable of constructing up to 330-foot platform supply vessels, reports

According to the report Bill Underwood is the owner, shipbuilding manager, CEO and president of the new shipbuilding company which now employs about 20 people.

Underwood reportedly plans to invest $100 million to $120 million in setting up facilities, but will start building ships in February using floating platforms.

Underwood worked for Edison Chouest Offshore's North American Shipbuilding for 12 years.


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