Page 7: of Maritime Reporter Magazine (October 1991)

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Circle 218 on Reader Service Card 9

Sequip Acquires Control

Of Verolme Do Brasil

The Brazilian group Sequip re- cently completed the purchase of the majority of the voting shares of

Normak S.A., the holding company of Brazilian shipbuilder and repairer

Verolme do Brasil.

Sequip already owns Emaq-

Engenharia e Maquinas S.A. of Rio de Janeiro, which was purchased in 1986.

Both shipyards will be managed by a team led by Nobuo Oguri as president and chief operating offi- cer, Manuel Goncalves as vice president, and Ronaldo Peryles as financial director. This same management team oversaw the re- covery of Emaq from liquidation and hopes to repeat its success with

Verolme.

At present, the two shipyards rep- resent 40 percent of Brazilian ship- building capacity, with the capabil-

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Kawasaki To Launch

Marketing Campaign

For High-Speed Hydrofoils

One of Japan's leading shipbuild- ers, Kawasaki Heavy Industries, is ready to launch a marketing cam- paign for high-speed hydrofoils in key cities throughout the world.

Plans also include mobilizing a worldwide network of sales offices.

The move by Kawasaki follows

Boeing's withdrawal from the hy- drofoil business.

Kawasaki secured a license for construction of hydrofoils under a contract with Boeing in 1987. After completing the first hydrofoil under the contract in 1987, it has so far completed 10 vessels in Japan.

Under the Boeing contract,

Kawasaki's marketing-sales terri- tories were limited to Japan, the Far

East, Southeast Asia and Australia-

New Zealand. But since Boeing sus- pended the construction of the Jetfoil in the U.S., Kawasaki has expanded its marketing and sales throughout the world.

In Japan, the company is encour- aged by the Ministry of Transport's lifting of the ban on the operation of hydrofoils at night.

Due to the lack of vibration and rolling-and-pitching while navigat- ing in rough seas, high-speed ser- vices have been popular among Japa- nese travelers.

Kawasaki is confident that, since a hydrofoil is priced at about $22 million in Japan, it can sell them to medium- and small-sized operators in Japan and aboard.

MMA To Hold 2nd

Annual HM&E Conference

November 19-20

The Marine Machinery Associa- tion (MMA) will hold its second an- nual HM&E Conference at the Hyatt

Regency Hotel Crystal City in Ar- lington, Va., on Tuesday, November 19, and Wednesday, November 20, 1991.

At this conference for the manu- facturers of the Navy's Hull, Me- chanical and Electrical Equipment,

MMA and the Naval Sea Systems

Command will discuss new develop- ments and strategies, giving manu- facturers an opportunity to gain a thorough knowledge of the current changes in the Navy and its indus- trial base.

Recognizing the need for the Navy and its HM&E manufacturers to meet the demands of the future,

NAVSEA and MMA plan sessions on: shipbuilding, overhaul and re- pair; affordability; environmental matters; fasteners; Mil Spec vs. com- mercial specifications; advanced technologies; aftermarket, parts and repairs; rights in data regulations; emerging shipboard technologies; and quality assurance.

Each day there will be a reception and luncheon with speakers from

Capitol Hill and the Navy. Last year's conference attracted over 200 representatives from the industry and government.

October, 1991 Circle 225 on Reader Service Card ity to construct almost any type ves- sel. Emaq has orders for two 33,100- dwt RO/RO-LO/LO ships for Brazil- ian owner Transroll and three 36,000-dwt product carriers for Bra- zilian state-owned oil company

Petrobras. Verolme has orders for two Brazilian Navy corvettes, 5 prod- uct carriers of different capacities for Petrobras and four 67,500-dwt self-unloading bulk carriers for the

CSL Group. In all, the order books of the two yards total over $600 million.

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