Page 6: of Maritime Reporter Magazine (May 1991)

Chantiers To Construct

Remaining 2 Of 6 Frigates

In $95.5 Million Order

The Floreal patrol frigate con- structed by Chantiers de l'Atlan- tique, Saint-Nazaire, France, re- cently completed its sea trials and was delivered to the French Navy.

Accordingly, the French Ministry of Defence confirmed the expected order for two more frigates—No. 5 and No. 6—which makes a total of six such vessels ordered from Chan- tiers de l'Atlantique.

The order, which amounts to about $95.5 million, provides the

Saint-Nazaire shipyard with a work- load of one million hours.

The Floreal-type patrol frigates, which have a displacement of 2,900 metric tons, will be assigned to over- seas service. Their weaponry will be fitted out by the Lorient naval dock- yard

Deliveries of the six frigates will take place every six months till mid- 1993.

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Sanwa Shosen Buys

Six Ships From Navix

For $127.2 Million

Sanwa Shosen has bought six vessels for $127.2 million from lead- ing Japanese shipowner Navix Line.

Since a group of Tokyo banks ended its financial assistance to the company, Navix Line is launching a major financial reconstruction, in addition to the sale of Nippon Liner

System (NLS), its liner division, to

Nippon Yusen Kaisha (NYK Line) and the transfer of the ships to

Sanwa Shosen.

The five-point rationalization plan includes expansion of a mixed crew manning system and review- ing of the present crew system; re- structuring of marketing strategy; review of the personnel and corpo- rate organization chart on the occa- sion of the absorption of NLS by

NYK line; reduction of operating costs; and restructuring its affili- ated companies in connection with the merger between NLS and NYK

Line.

European E-3 Tanker

Project Progressing

Five European shipyards—Astill- eros Espanoles of Spain, Bremer

Vulkan of Germany, Chantiers de l'Atlantique of France, Fincantieri of Italy, and Howaldtswerke

Deutsche Werft of Germany—have signed a Memorandum of Under- standing to confirm the decision to join efforts to develop a common design for a new generation of Very

Large Crude Carriers (VLCCs).

This cooperation is progressing on schedule, according to Astilleros

Espanoles. Everything indicates that the design envisaged will com- ply with and surpass actual and foreseen regulations to protect coasts and general environment.

According to Astilleros Espano- les, the E-3 (European, Ecological and Economical) Tanker will be designed with a capacity of 2 million barrels, special collision-avoidance systems, limiting of eventual out- flows and pollution fighting, and highest performance and economi- cal operation.

Ocean Express Signs

Charter Agreement

With Sea-Land Services

Ocean Express Lines, Inc., a Mi- ami-based steamship cargo liner, recently entered into a space char- ter agreement with Sea-Land Serv- ices' Americas' Division. The new agreement allowed Ocean Express to expand its Caribbean services.

As a result, Ocean Express re- cently initiated weekly service to

Grand Cayman, Belize, Guatemala, and Honduras. The company is utilizing two of the company's mod- ern vessels, the MTV Kristine and

MTV Ariane, for the new operation.

Ocean Express also offers service to San Andres Isla, Colombia and

Mexico from Miami and Houston. 8 Maritime Reporter/Engineering News