Alario And Associates Named To Represent Shipyard In Greece

NAFSI S.A., located in Piraeus, Greece, has announced the appointment of Alario and Associates, Inc. of 2701 Houma Boulevard, Metairie, La. 70002, as its exclusive representative for U.S.

Gulf Coast interests.

Robert J. Alario, president of Alario and Associates, Inc., describes NAFSI as one of the most progressive specialized ship repair companies in the Mediterranean.

The yards' capabilities include a fully equipped machine shop for full ship servicing of engines, shafts, rudders, blades and deck machinery; steel works for hull plating and superstructure components, as well as the restoration of stainless tanks; boiler shop for complete boiler repairs, including retubing; electrical shop for the repair of g e n e r a t o r s , windings, insulation, switchboards and the construction of commutators and distribution boards, as well as the dynamic balancing of rotary parts; pipe works for repair and replacement of piping networks, especially the installa- tion of heating coils in cargo tanks of oil carriers.

Other services include a carpenter shop, the reconditioning of machinery components, "in situ" works department, LIPS B.V. propeller servicing, an engine diagnostic center and complete industrial works.

For the past eight years, Mr.

Alario was chairman of the Offshore Marine Services Association which represents over 90 offshore marine and related companies. He was formerly vice president of Nolty J. Theriot, Inc., a specialized towing contractor.

Alario and Associates specializes in providing management, financing and capital investment counseling services to individuals and c o r p o r a t i o n s engaged primarily in providing marine services to companies in the offshore petroleum exploration, exploitation, construction and production industries.

The company is also active in general business projects, including real estate transactions, oil and gas v e n t u r e s and specific business mergers or acquisitions.

Alario's representation of NAFSI is an expansion of its services to its many marine-related clients operating in the Mediterranean and Middle East areas.

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