Page 39: of Maritime Reporter Magazine (April 1998)

It's smooth sailing with

Stuffing Fendering Systems , Boxes

Duramax Marine.

Think of Duramax® Marine as the industry leader with small town values. Over 100 years ago we dropped anchor in Middlefield, Ohio—some 456 miles from the nearest ocean—because we knew it would be a great place to grow a business. Today, we're number one in water lubricated rubber bearings, keeping ships large and small working around the world. You probably know us by our Johnson, Cutless® and Romor® brand names. And there is no doubt our hometown and its people have played a big part in our success.

Our company, like our community, is built on the rock solid ideals of quality craftsmanship and uncompromising service. We take the time to do the job right. That's why every Duramax® Marine bearing, keel cooler, shaft seal, stuffing box and fendering system is designed to keep your ship working. It's all a part of the way we combine our proud heritage with

Demountable Stave

Bearings the latest technology—to keep your vessel where it belongs—out working on the water.

Shaft Seal ^•H HHHhI • I Keel Coalers

OURAIV1AX® MARINE size already under construction.

Completing the seven orders, are letters of intent for three Panamax bulk carriers for clients of

Anangel Shipping. The 73,105-dwt ships, competi- tively priced at $25 million each, are due for deliv- ery in early 2000. Italian specialist offshore shipowner, Saipem, has ordered a new ultra deep- water dynamically positioned drillship at SHI.

Saipem has now disclosed the value of the order, but sources said total investment in the project could be in the region of $270 million. The drillship, to be delivered in the second quarter of 2000, will be named Saipem 10,000 and will be able to operate in water depths of 3,000 m.

Nissan Motor Carrier has placed an order with

Shin Kurushima Dockyard for the construction of a combi carrier for cars and trucks with a capacity of 3,200 units. The delivery is set for April/May 2000.

NissaN has placed the order for the ship ahead of schedule to take advantage of the latest pricing trend for new vessels.

It initially planned to deploy the ship in 2002 for a shuttle run between Japan and the U.S. west coast. Taiwanese carrier, Uniglory, the affiliate of

Evergreen, expects to place an order for a series of 10 containerships next month.

The vessels, each of 1,420 TEU capacity, are to be built at Evergreen Heavy Industrial Corp.'s

Nagasaki shipyard, with deliveries planned on a quarterly basis between July 1999 and October 2001. A new round of investment in car carrying tonnage is believed to be imminent, with Japan's

Mitsui OSK Lines (MOL) poised to place orders for up to five vessels with domestic shipbuilders. The order will involve the construction of four 5,000- unit and one 1,200-unit car carriers, split between two Japanese shipyards. Three of the four 5,000 capacity units will be placed with Imabari

Shipbuilding, with delivery dates scheduled for

April, June and December 2000. Imabari will also construct the smaller 1,200 capacity unit carrier, and is due for delivery in December 1999. The order for the fourth 5,000 capacity unit, scheduled for delivery in 2000, will be placed with Shin

Kurushima Dockyard. MIF Ltd., the Tsakos backed tanker company, has signed a contract with Japan's

Imabari Shipyard for a third new Aframax tanker.

The vessel - due for delivery in late July — will be a sister to a 107,000-dwt newbuilding the yard delivered to MIF last year and a tanker, named

Athens 2004, due to be delivered in mid March.

Navy Ships To Feature Armaflex

Insulation

Shipbuilder Electric Boat has issued specification

EB 4013 for shipboard anti-sweat and refrigeration applications calling for the use of NH Armaflex on

U.S. Navy ships. Manufactured by Armstrong

World Industries, Inc., NH Armaflex is a non-halo- gen insulation specially formulated to eliminate harmful chlorines, bromines and PVC during com- bustion.

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