Page 53: of Maritime Reporter Magazine (December 1993)

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Ownership Shift For Marinette Marine

On Nov. 30, all the outstanding stock of

Marinette Marine Corporation was acquired by ;he MMC Acquisition Company, which is funded ay a group of individual investors including

Daniel A. Gulling, current president and CEO 3f Marinette Marine Corporation, and Roger H.

Derusha, its current chairman, as major inves- tors. Other investors include individuals from

Marinette, Green Bay, Chicago and elsewhere around the country, numbering 16 in total. Sell- ing stockholders include James Derusha, Rob- ert Derusha and Roger Derusha.

Mr. Gulling said he was "glad we were able to accomplish this change in ownership in a way which provides a basis for the company to con- tinue to operate and prosper." He said the company would continue its current plans and complete its U.S. Coast Guard contracts to build two new classes of buoy tending ships. In addi- tion to equity contributions from the investors, some initial financing and additional financing commitments have been made by Michigan Fi- nancial Corporation (First National Bank of

Menominee) and by Associated Bank Corp.

Bill Would Exempt GMDSS-Equipped

Ships From Radio Requirements

A bill was introduced by Congressman Jack

Kingston (R-Ga.) to waive certain radio opera- tor and equipment requirements for U.S.-flag ships using the Global Maritime Distress and

Safety System (GMDSS).

The bill would exempt U.S.-flag ships from what Mr. Kingston calls "arcane" radiotelegra- phy and morse code requirements of the 1934

Communication Act.

Virtually all competitive foreign ships have adopted GMDSS as their sole method of distress communications at sea, making them, Mr.

Kingston says, safer and much more efficient.

By 1995, new U.S. ships will be required to have

GMDSS systems, but according to present law, they would also have radiotelegraphy equip- ment that costs $220,000 per ship per year, and which generates signals the U.S. Coast Guard no longer monitors and the U.S. Navy has ceased to use as well.

Equipping a ship with a GMDSS system is a one-time cost of approximately $200,OOO.

New Pilot Boats From Damen Shipyards

Damen Shipyards, based in The Netherlands, launched a new Damen Stan Tender 1550 in a dedicated pilot boat version. ~ The design of the steel craft has proved to be an immediate success, with a series of 12 pilot boats under construction.

After thorough consideration of the various material options, Damen selected a steel hull and aluminum superstructure.

The design is based on Damen's experience with medium and high speed craft. Model tests were carried out at the Marin Wageningen Model

Test Basin comprising not only hull resistance tests but also propulsion tests.

The new Damen Stan Tender 1550 has many interesting options for service in either tropical or Nordic climates. For example, a sun protec- tion roof and sun awning aft are provided for crew's comfort in tropical climates.

The Stan Tender 1550 has been designed to operate in a speed range up to 24 knots. A propulsion selection includes Caterpillar,

Cummins, Deutz, MAN and MTU engines, pro- viding a wide choice to future owners in order to comply with their existing fleets.

MTU engines will be fitted in 10 out of the 12 first pilot craft, which are presently under con- struction and which shall be classified for opera- tion in the Gulf and Oman Sea.

For more information on Damen Shipyards,

Circle 38 on Reader Service Card

New Damen Combi Coaster 125

Enters Service successful Damen Combi Coaster 125 range.

In order to perform "door to door" transport, the Combi Coaster 125 is equipped with a hy- draulically movable wheelhouse allowing the vessel to pass bridges with low airdraft.

Meanwhile, a similar Damen Combi Coaster 125 with the name "Leysand" is under construc- tion for the same customer and is scheduled for delivery at the end of this year.

For more information on Damen Shipyards,

Circle 46 on Reader Service Card

The Damen Combi Coaster 125 M/S Kopersand was delivered by Damen Shipyards to her new owners Messrs. Briese Schiffahrt GmbH und Co.

KG in October.

The Kopersand is the 23rd vessel from the

December, 1993 55

M/S Kopersand

Equipment List

Separators Alfa-Laval

Main engine Deutz MWM

Generator sets Caterpillar

Harbor generator set Caterpillar

Paints International Paint

Propeller Lips

Hatch covers Macor Marine Systems

Emergency boat davit Schat Davit Co.

Steering gear Sperry r LEEVAC

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Circle 222 on Reader Service Card

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Circle 219 on Reader Service Card

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Circle 223 on Reader Service Card

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