Page 102: of Maritime Reporter Magazine (August 1997)

the sea. It might be launched with another meteorological satellite on the same rocket, but other details have not been decided.

The satellite would cover huge areas of the sea, providing real- time data that would benefit the fishing industry and study of ocean resources. China plans to launch the Filipino communications satel- lite Mabuhay and the Apstar 2R orbiter owned by Beijing-con- trolled Hong Kong firm APT

Satellite Holdings Ltd. in August and September.

China is relying on the successful launch of Mabuhay and Apstar 2R to restore confidence in its space industry after a series of disasters since 1995.

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Mexico Moves To Suspend

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The 270-mi. canal would link ports in Tamaulipas, on the Gulf ol

Mexico, to 28,000 mi. of waterways in the U.S. via Brownsville, Texas.

The project would take advantage of natural canals between the main coastline and thin strips of land that run along the coast of southern Texas and northeastern

Mexico. But Mexico would have to dig out new canals to extend the waterway as far south as the Port of Tampico.

Stena Wins $640 Million

Shell Contract

Stena Tay Ltd. of Bermuda, part of Swedish group Stena AB, has won a drilling contract from Shell

International Petroleum Company

Ltd. worth $650 million over 10 years.

Stena said in a statement that drilling unit Stena Tay will be upgraded for the contract in the

Keppel FELS shipyard in

Singapore for delivery in late 1998.

The unit will be a state-of-the-art, deepwater, dynamically positioned drilling vessel capable of opera- tions in water depths of 7,500 ft. (2,286 m) and able to drill to 30,000 ft. (9,144 m).

Drilling operations will be man- aged by Stena Drilling of

Aberdeen, Scotland, which presently owns and manages four semi-submersible drilling units active in the North Sea and Far

Eastern markets.

Wartsila Forges Agreement

In Japan

Wartsila NSD has set up a 50/50 diesel engine joint venture with Japanese Hitachi Zosen

Corporation. The company will manufacture Wartsila 20 and 32 diesel engines, and will sell other

Wartsila propulsion packages in the Japanese market. Wartsila's investment in the share capital is 4.6 million markka. Nippon

Wartsila Diesel, the local sub- sidiary in Japan, will be merged with the joint venture company.

The purpose of the move is to strengthen Wartsila's presence in

Japan, which is world's largest shipbuilding market.

The new company will com- mence operation on September 1, 1997, and will be called Wartsila

Diesel Japan Co. Ltd.

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Circle 266 on Reader Service Card 102 Maritime Reporter/Engineering News