Page 2: of Maritime Reporter Magazine (May 15, 1981)

the first name in steam engines... 600 kva Skinner Steam Engine installed early in 1980 at Lord

Corporation in Erie, PA, will shave power peaks, supply low pres- sure steam and pay for itself in three years.

Skinner single or multi-stage mechanical drive turbines can provide efficient use of excess steam and reduce the need for expensive outside power. emerging leader in steam turbines

Pelham Marine Seeks

Title XI On Two Boats

To Cost $8.5 Million Total

Pelham Marine, Inc., New Or- leans, has applied to the Maritime

Administration for a Title XI guarantee to aid in financing the construction of two 180-foot tug/ supply vessels intended for oper- ation in the U.S. Gulf of Mexico.

No proposed shipbuilder was named, but the applicant indi- cated a December 1981 delivery- was desired.

The requested guarantee is for $6,356,000, which is 75 percent of the estimated cost of $8,475,- 436 for the two vessels.

Hyundai Gets Contract

To Build $100-Million Rig

For SEDCO Joint Venture

Hyundai Shipbuilding & Heavy

Industries Company Ltd. of Ul- san, South Korea, has been awarded a $100-million contract to build another SEDCO 700 type semisubmersible drilling rig for a joint venture company formed by SEDCO, Inc. of Dallas and

Ranger Oil Ltd. of Calgary, Can- ada.

To be named SEDCO 714, the rig is designed to operate in wa- ter depths up to 1,500 feet and drill down to 25,000 feet. It will be owned 50/50 by SEDCO and

Ranger, and will be contracted to the latter company for a mini- mum of five years following de- livery in July 1983.

Hyundai now has orders for three drilling rigs. The SEDCO 714 brings the Dallas company's current building program to four semi-submersibles and nine jack- up rigs.

Yesterday's graduate or today's veteran consultant recog- nize the Skinner Engine name and rank it number one among steam engines. Skinner has been around longer, has the most extensive service network and the largest spare parts inventory in the business. As energy costs mount, more people talk to

Skinner about using steam engines to meet power needs efficiently and dependably while applying "free" waste steam to heating, air conditioning and process requirements.

They also talk to Skinner about energy-efficient, single wheel re-entry and multi-stage mechanical drive turbines. The

Skinner family of turbines covers every drive application to 4500

HP (3357 KW).

If you are looking for econom- ical answers to mounting energy costs, call the steam engine and steam turbine specialists at

Skinner today.

MarAd Study Predicts

Good Tanker Market

The Maritime Administration has released a report predicting a good future market for petro- leum product and chemical tank- ers, provided some substantive legislative inducements are en- acted to benefit U.S.-flag compa- nies.

The complete report (PB-81- 152936) is priced at $68.50, and the 13-page executive summary (PB-81-152944) is priced at $5.

Both are available from the Na- tional Technical Information

Service, 5285 Port Royal Road,

Springfield, Va. 22161.

POWER DIVISION

SKINNER ENGINE COMPANY

A SUBSIDIARY OF BANNER INDUSTRIES, INC. 337 West 12th Street. Erie. Pennsylvania 16512

Phone 814-454-7103 Telex 91-4481

Write 336 on Reader Service Card

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ESTABLISHED 1939

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No. 10 Volume 43 ALL MATERIAL FOR EDITORIAL CONSIDERATION SHOULD BE ADDRESSED TO ROBERT WARE, EDITOR. 4 Maritime Reporter/Engineering New:.