Page 28: of Maritime Reporter Magazine (October 1999)

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oversee the company's information tech- nology and communications functions, in addition to assuming responsibilities related to business development.

DNV Opens Virtual Shipyard

Det Norske Veritas (DNV) opened the world's first virtual shipyard represent- ing state-of-the-art within ship classifi- cation. Based on DNV's digital platform

Nauticus, the program enables both shipowners and shipyards with vitally upgraded access to relevant ship infor- mation. Established in the offices of the

Technical University of Gdansk in

Poland, the virtual shipyard aims to ensure efficient production of three dimensional graphical models as part of

DNV's move towards active use of prod- uct models in ship classification. In the near future, product models will encom- pass all information related to classifica- tion during the lifetime of a ship, ensur- ing optimal ship classification.

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OSL Forms Ballast Systems

Alliance

OSL Offshore Systems & Deck

Machinery has formed a business alliance to manufacture and supply turnkey ballast systems for offshore drilling and production rigs.

The alliance partners of OSL Offshore

Systems, Rotork Controls, FloTec and

W&O forms a comprehensive organiza- tion that services the offshore industry with each group's strengths as leaders for process valves and value automation, integrated PLC controls and hydraulic power. The designs use proven technol- ogy that is superior to any system - tech- nically speaking. The system continu- ously monitors the operational state of each of the valves as well as the overall system in real time, and is constructed to comply with all the latest certification requirements.

Mack Power To

Market Diesel Engine

Mack Trucks will market its premier 12-liter diesel engine, the E7, as a power source for various industrial and marine market applications. The company's newest business unit, Mack Power, sup- ports the marketing, sales, engineering, service and parts operations for E7's strategic move into several new market segments. An electronically managed engine, E7 will be available for the major industrial market segments of agricultural, construction, general industrial, material handling, pumps and compressors, and generator sets.

Regarding the commercial and pleasure market marine segment, E7 will be offered in both E-Tech and mechanical models.

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Hvide Marine Announces

Voluntary Chapter 11 Filing

Hvide Marine Inc. has submitted a voluntary Chapter 11 filing in the U.S.

Bankruptcy Court in Delaware. This fil- ing allows Hvide to operate its business- es in a regular fashion under court pro- tection with adequate funding, while it continues discussions with representa- tives of specific major creditors and oth- ers on a restructuring plan that would deleverage its balance sheet, restore liq- uidity and enhance its competitive abili- ty in the marketplace. To ensure liquidi- ty throughout this period of reorganiza- tion, the Company has secured a new $60 million debtor-in-possession (DIP) credit facility from its current bank syn- dicate, led by Citibank and BankBoston.

Upon completion of this restructuring program, the Company expects to break off from Chapter 11 later this year or in early 2000.

Danos & Curole Reorganizes

Resulting from its recent Vision 2000 corporate reengineering, Danos &

Curole has promoted Dave McRae to vice president of operations, and

Tommy Robichaux to vice president of administration. McRae, who has been with the company for 17 years, previ- ously served as labor division manager,

Next time you think of steering steer to Jastram!

North American Shipbuilding chose Jastram steering when building this 260ft. anchor handling tug and supply vessel.

Jastram Hydraulic

Steering Systems are the ideal choice when designing a new vessel or planning a retrofit.

ENGINEERING LTD. 467 Mountain Highway

North Vancouver, B.C.

Canada V7J 2L3

Tel: (604) 986-0714

Fax: (604) 986-0334

Web: www.jastram.ca e-mail: [email protected]

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THE DEVIL'S CLAW

One of three dependable chain stop- per styles from one of the largest inventories of marine equipment in the USA. We also have connecting links, carpenter stoppers, and much more. Call us today for details. ( CUSTOMER SERVICE 24 HOURS A DAY, 7 DAYS A WEEK ) 1-800-851-3429

WASHINGTON CHAIN

AND SUPPLY, INC.

P.O. Box 3645 • 2901 Utah Avenue South • Seattle, Washington 98124

FAX (206) 621-9834 • E-mail: infoOwachain.com

VISIT OUR WEB SITE FOR MORE INFORMATION: www.wachain.com

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MARINE INCINERATORS •The aluminum alloy is specially formulated to withstand the corrosive effects of salt and salt water. • Lightweight yet strong enough to handle loads from 440 lbs. to 1,760 lbs. • Non-recoil automatic braking on all models. • Can be driven from each end.

JeamarWincties 1051 Clinton Street, Buffalo, New York, U.S.A. 14206

Tel: (716) 854-3211 • Fax:(716)854-4141

Visit our web site at: www.jeamar.com

Email: [email protected]

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Therm Tec introduces the

Mariner™ line of MARPOL compliant shipboard trash and sludge burning equipment. Designed, built and stocked in the USA.

Lower cost than imported units, and engineered for easy operation and maintenance with spares available off the shelf.

Rugged, automated controls | and safety features, a size range to suit vessels from crew boats to aircraft carriers, user specified fuel and electrical supplies, weather deck or machinery flat location, and choice of manual or automatic feed make Mariner™ the solution to your shipboard waste processing problem.

Visit our web site www.thermtec.com or call us at (503) 625-7575, fax (503) 625-6161 or write 20525

SW Cipole road, Tualatin, OR 97062 to find out how 25 years of experience in incineration technology can work for you.

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Maritime Reporter

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