Page 79: of Maritime Reporter Magazine (July 1997)

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MARIIE^

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Use MARITEX to exploit the commercial benefit of the GMDSS MF/HF equipment/investment on board your ships.

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Keppel Wins $43 Million

Contract

Keppel Shipyard reportedly won a $43 million contract from U.S.- based Falcon Drilling Co. to con- vert a vessel to a drillship. The work on the 12,000-dwt Peregrine

IV is scheduled to be completed by mid-1998.

Trico To Buy 12 Vessels

Trico Marine Services has an agreement to buy 12 supply ves- sels from Otto Candies Inc. for $69 million cash.

The purchase will bring Trico's supply vessel fleet to 53, and its overall fleet to 82. At the begin- ning of 1996, it had 39 vessels.

Finnlines Spends $160

Million On New Ships

Finnlines Oy bought two new

RoRo vessels from Swedish compa- ny Stena AB for approximately $160 million.

Finnlines will reportedly finance the investment with a mix of cash and borrowed funds.

The vessels are under construc- tion at the AESA Puerto Real ship- yard in Spain.

Daewoo Heavy Wins $282

Million In Ship Orders

Circle 243 on Reader Service Card Circle 311 on Reader Service Card

Fourth lnmarsat-3 Satellite

Successfully Launched

The fourth satellite in the

Inmarsat-3 series was launched successfully on an Ariane 4 rocket from Kourou, French Guiana.

The satellite will bring virtual global coverage for Inmarsat's new lightweight portable satellite phone services, and will boost capacity for Inmarsat's other com- mercial maritime, aeronautical and land-mobile communications systems.

For more information

Circle 46 on Reader Service Card 3.Maj Wins German Orders

Croatia's 3.Maj reported that it secured fixed orders to build two oil and chemical tankers for

German clients. These new ships bring 3.Maj's orderbook to seven vessels, all of which are for foreign buyers.

Daewoo Heavy Industries won $282 million worth of orders to build six ships.

Greece's Chandris Inc. reportedly ordered two 105,000-dwt crude carriers, and Kristen Navigation (also of Greece) ordered two crude carriers. Daewoo also won two bulk carrier orders from Louis

Dreyfus Armateurs S.N.C. of

France.

Hvide Gets Patent For SDM

Telia Mobile AB, Maritime Telecom Services, P 0 Box 2004

S421 02 V Frolunda, Sweden, Tel: +46 31 897340

Fax: +46 31 897399, e-mail: [email protected] tho J ...l5 Ue With -esame(s . "e*th the cove" s anrl «... I s'^covers : napp^«arbai you what £; insideevv Paint not tell

We vvi/i .

Phone: 800-200-9554 (USA) 01-610-447-5200 (INT)

FAX: 800-200-9862 (USA) 01-610-874-8599 (INT)

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USA

July, 1997 Circle 219 on Reader Service Card Circle 326 on Reader Service Card

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Hvide Marine Inc received a U.S. patent for its new ship docking module (SDM).

The company said the module is designed to operate with two crew members, thus reducing operating costs compared with conventional harbor tug operations. Hvide has three docking modules on order.

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Developers of advanced hydrostatics software since 19 72.

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.