Page 44: of Maritime Reporter Magazine (April 1992)

ABS Signs Agreement

To Advance Phoenix

World City Project

The American Bureau of Ship- ping, the nation's ship classification society, recently signed an agree- ment with World City Corporation under which, among other tasks, it will assist and advise World City in the process of bringing existing and developing U.S. technology, skills, and resources to the realization of the Phoenix World City project, and to the renewal of commercial ship- building in the U.S.

In announcing the agreement,

James L. Dolan, ABS senior vice president, stated that the bureau, for 130 years a guardian of the nation's standards of technological excellence and safety in ship con- struction, has developed a compre- hensive base of maritime technical expertise that can and should be mobilized for this national project.

A growing number of governors, senators and representatives are joining the nonpartisan Build

America Caucus in recognition of the advantages of U.S. construction of Phoenix World City and the posi- tive contribution that this will have in creating jobs, maintaining the nation's strategic shipbuilding re- sources, and improving America's productivity and competitiveness.

The caucus endorses (1) the im- portance of a revitalized commer- cial shipbuilding sector and passen- ger ship operating industry for the

U.S.; (2) the potential for Americans to harness their talents, technolo- gies, and proven ability to work to- gether for a common national goal; and (3) the need to convert much of our defense production capability to commercial uses.

Technical drawings and specifi- cations for Phoenix World City have been completed, and plans to build the world's largest-ever passenger ship in U.S. shipyards for operation under the American flag have har- nessed a diversity of interests na- tionwide, both private and public.

To achieve this objective, World

City is developing a working alli- ance between regionally diverse U.S. shipyards—the National Shipyard.

Attending a recent planning session at World City offices in New York were representatives from Newport

News Shipbuilding, Avondale,

Bethlehem Steel's BethShip Divi- sion at Sparrows Point, and Tampa

Shipyards, as well as Du Pont and

ABS.

New Bill Would Ban

Repair Of USN Vessels

By Foreign Shipyards

Legislation to prohibit repair work on U.S. Navy vessels by for- eign shipyards has been introduced by Representative Robert E.

Andrews of New Jersey.

He explained that the bill is a fair and rational attempt to stop the loss of U.S. jobs to foreign workers. It would create more opportunities for shipyards to remain productive if the defense budget is further re- duced during coming years, he added.

About $600 million in naval re- pair work is scheduled in foreign yards over the next six years, he estimated.

ODECO, Ben Dissolve

Offshore Joint Venture

New Orleans-based drilling con- tractor ODECO and Scottish ship- ping and offshore group Ben Line have decided to dissolve their long- running offshore joint venture. The move follows the $358-million pur- chase of ODECO by Diamond M, a

Loews Corporation subsidiary, last year.

Following the dissolution of the venture, which began in 1974, Ben

Line takes 100 percent control of two rigs and ODECO the remaining one. A Ben Line subsidiary will purchase the semisubmersible

Ocean Benloyal and the jack-up

Ocean Tide from the joint venture company.

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