Page 10: of Maritime Reporter Magazine (June 15, 1980)

Melvin And Rosenow Elected

VPs At Adams & Porter

The Board of Directors of Adams & Porter

Incorporated, international marine insurance brokers, has announced the election of Ed- ward T. Melvin and Gerd W. Rosenow to the office of vice president.

Mr. Melvin has been with Adams & Porter since 1970 and specializes in property and casualty and group insurances. He holds a law degree from New York Law School and is a member of the New York State Bar

Association.

Mr. Rosenow joined the firm in 1972 as

Edward T. Melvin manager of the Cargo Claims Department.

In 1975 he was promoted to assistant vice president in that department.

Gotaverken Signs Contract

For $85-Million Semisubmersible

Gotaverken Arendal AB of Gothenburg,

Sweden, recently signed a contract with Wilh.

Wilhelmsen of Oslo to build a semisubmersi- ble drilling rig at a cost of about $85 mil- lion. Delivery is scheduled for 1982.

Following a decision by the Norwegian

Parliament to start oil drilling north of the 62nd parallel, the rig will be operated in that area. Wilh. Wilhelmsen has a five-year time charter with Norsk Hydro.

Semisubmersible drilling rig that Gotaverken Arendal yard will build for Wilh. Wilhelmsen is based on the

Friede and Goldman Pacesetter Class, further devel- oped for severe North Sea conditions.

The rig is based on Friede and Goldman's

Pacesetter design, further developed by

Gotaverken Arendal for severe North Sea conditions. All structural components and exposed equipment are designed to operate at an ambient air temperature of minus 20 C (minus 4 F).

The semisubmersible can operate in water up to 450 meters (1,476.4 feet) deep, and has a drilling capability of 7,600 meters (24,935 feet).

Gerd W. Rosenow

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