Page 6: of Maritime Reporter Magazine (January 15, 1986)
Aalborg Yard Launches Third Reefer
For Delivery To USSR's Sudoimport
Navy Ends Suspension;
Tracor, Inc., Resumes
Frank W. McBee Jr., chairman and president of Tracor, Inc., has announced that the temporary sus- pension of the company by the De- partment of the Navy was lifted, effective November 22, 1985, and that Tracor has resumed contract- ing activity with government agen- cies.
Tracor was suspended October 16, 1985, in connection with an investigation relating to a product quality matter that occurred be- tween 1981 and 1983 at a plant of one of its subsidiaries and which was corrected by the company near- ly two years ago.
Mr. McBee said: "We are pleased that a resolution with re- gard to this matter has been reached. The interruption to our pursuit of new government business was unfortunate; however, it repre- sented only a slight delay in achiev- ing our objectives for new govern- ment business in 1986 and beyond. "Costs associated with the settle- ment agreement with the Depart- ment of the Navy, along with other matters, will result in an additional charge to 1985 income of $7.5 mil- lion, net of income taxes. The charge will reduce 1985 net income per share by 38 cents. Included in the $7.5 million charge is a $2.1-mil- lion after-tax item which recognizes a potential overrun that has devel- oped on a major program. In addi- tion, Tracor management has deter- mined that it is in the best long- term interests of the company to pursue the divestiture of certain nonprofitable businesses, which will result in a discontinued operations charge of $4.6 million after tax, or 24 cents per share. "Even with these substantial charges, net income for the year should be approximately $16 mil- lion, compared to $33.2 million in 1984."
Tracor, Inc. is an international technological products and services company with headquarters in Aus- tin, Texas. The company is a major technical contractor in sonar, com- munications, and aviation pro- grams; a leader in the development and production of passive electronic countermeasures systems and mili- tary telecommunications terminals; and a major manufacturer of scien- tific instruments and electrical and electromechanical components.
For free literature and full details on Tracor's line of marine prod- ucts,
Circle 42 on Reader Service Card
GTE Awarded $3.9-Million
GTE Government Systems Cor- poration, Communications Systems
Division, Needham Heights, Mass., is being awarded a $3,949,792 modi- fication to a previously awarded cost-plus-award-fee contract for the full-scale development of the Ex- tremely Low Frequency (ELF) com- munication system. Work will be performed in Needham Heights,
Mass., and is expected to be com- pleted in March of this year. Twelve bids were solicited and three offers were received. The Space and Naval
Warfare Systems Command, Wash- ington, D.C., is the contracting ac- tivity (N00039-82-C-0241).
Aalborg Vaerft A/S in Denmark recently lauched its newbuilding
No. 249, a refrigerated vessel with a capacity of about 10,000 cubic me- ters, for the Soviet organization V/O
Sudoimport. The reefer, named the
Akademik Zavaritskij, is the last in a series of three sister ships, and is scheduled for delivery in May this year.
Sponsor of the vessel was Mrs.
Taissia Ekimova, wife of the leader of the Trade Representation of the USSR in Denmark, Yuri V.
Ekimova. The ceremony was at- tended by many representatives from the USSR and Denmark.
The Zararitskij has an overall length of 453.4 feet, beam of 70.5 feet, depth of 43 feet, and draft (ba- nanas) of 23 feet. Propulsion is by a two-stroke B&W 6 DKRN 67/170 diesel engine with a maximum out- put of 12,874 bhp at 123 rpm. The main engine, of the uniflow scaveng- ing type, is coupled directly to a fixed-pitch propeller. Service speed is 20.3 knots. Four diesel generator sets each have an output of 720 kw.
The vessel is designed as a multi- purpose reefer, capable of trans- porting fruit as well as frozen meat.
She will have large open type cargo hatches, which with the reinforce- ment of tanktops and decks, pro- vides the capability to carry both 40-foot and 20-foot containers, in cargo holds as well as the weather deck.
Halifax Industries' Assets
An agreement has been reached to acquire the C. $18-million assets of Halifax Industries Limited, a
Nova Scotian shipbuilder, repairer and offshore fabricator, currently in receivership, according to an an- nouncement. The business will be acquired by Andrew McArthur, former president of St. John Ship- building & Dry Docking Company
Ltd., and a consortium of local in- vestors.
Shown with members of the launching party are (left) Taissia Ekimova, sponsor, and director K.-E. Bengtsen.
Three cargo holds are arranged forward of the engine room and accommodations, and one aft. The holds are via tweendecks divided into 14 sections, and eight indepen- dent temperature zones will be available with temperatures down to -25 C.
Accommodations will be provided for 40 persons (crew and passengers in a total of 35 cabins.
For more information and free lit- erature on the yard and its facili- ties,
Circle 20 on Reader Service Card
A new company called Halifax-
Dartmouth Industries Limited has been formed, and Mr. McArthur and his associates have taken over full day-to-day management of both
HIL's two shipyards under a man- agement contract.
Halifax-Dartmouth Industries will formally assume full ownership of all Halifax Industries Limited assets on January 1, 1986.
For further information on the new shipbuilder,
Circle 89 on Reader Service Card '85 Sales Of
Imperial Survival Suits
Nears 100,000 —Literature Offered
Sales of cold-water survival suits by Imperial Manufacturing Compa- ny of Bremerton, Wash., ap- proached 100,000 last year, accord- ing to production manager Jim
Skelly. A big boost in sales for the company, which has been producing survival suits for 15 years, came last summer when new U.S. Coast
Guard requirements became effec- tive. Interest of the marine commu- nity in improving protection against drowning and hypothermia—death from loss of body heat—continues to increase both in the U.S. and abroad.
In a four-month period last sum- mer, Imperial sold 8,500 survival suits, with the remaining produc- tion split among a handful of com- panies.
Imperial has worked with various governing bodies, including the
Coast Guard and Underwriters Lab- oratory, in testing and developing safe standards, and is said to be the only U.S. manufacturer of survival suits to pass the Norwegian Mari- time Directorate standards, the most stringent in the world. More than 300 individuals have reported incidents where their lives were saved through the use of Imperial survival suits.
For details and free literature on these suits,
Circle 104 on Reader Service Card 8 Maritime Reporter/Engineering News