Page 58: of Maritime Reporter Magazine (June 1992)

Multinational NATO

Squadron For Med

The Chiefs of Staff of the North

Atlantic Treaty Organization (NATO), headquarted in Brussels,

Belgium, announced the establish- ment of a new squadron of approxi- mately 8 frigates to patrol the Medi- terranean Sea.

Already operatonal, the fleet is drawn from the 16 members of

NATO and organized along the lines of the alliance's standing naval force in the North Atlantic, which has been operating successfully for many years.

S&P 'BBB' Rating To Be

Accepted By MarAd

A recent report has revealed that the U.S. Maritime Administration (MarAd) has decided to accept Stan- dard & Poor's (S&P) 'BBB' claims- paying ability rating.

According to U.S. law only those foreign underwriters that have re- ceived an 'A', or some rating which is equivalent to it, may apply for ap- proval to write the hull cover. In 1988, when the rule was first imple- mented, Insurance Solvency Inter- national (ISI) was the only rating service with international coverage although, according to MarAd, S&P was also rating insurers.

S&P acquired ISI in 1990 in a move which was aimed at expand- ing S&P's international hull cover- age.

Manchinu Named

President Of TTS, Inc.

A. (Tony) Manchinu was re- cently promoted to the position of president of Total Transportation

Systems, Inc. (TTS, Inc.). The an- nouncement was made by chairman of the board, Olav Munch. Mr.

Manchinu was previously execu- tive vice president of the company.

A. (Tony) Manchinu

TTS is one of the leaders in ship- yard material handling and produc- tion systems. The systems include panel production lines, beam pro- cessing lines, web assembly lines, and heavy lift and transport equip- ment.

Promet Repairs

USS Capadanno

Under $134,788 Pact

Promet Marine Services Corp.,

Providence, R.I., was recently awarded a $134,788 for a technical availability of the frigate USS

Capadanno (FF-1093). The contract was awarded by the Supervisor of

Shipbuilding, Conversion and Re- pair, Boston.

Free Brochure Offered

By Morse Controls

On Single Lever Control

Morse Controls Division, IMO

Industries, Hudson, Ohio, is offer- ing a free brochure on its new single- lever, dual function control, SL-3.

The brochure contains, descriptions, features and specifications.

Recently unveiled, the SL-3 con- trol is a new concept in control de- sign.

According to Morse Controls, the

SL-3 operates with fewer moving parts, has lifetime lubrication fea- tures, is easily adapted to any in- stallation, and is sold complete with an extended 3-year warranty.

For a free copy of the brochure from Morse Controls,

Circle 77 on Reader Service Card

How To

Prevent

APart

Attack.

When it comes to finding or selling marine parts and equipment, Inventory

Locator Service, Inc. (ILS) can put you in touch with the world. We list the inventories of suppliers industry-wide on our data base for easy access by buyers in need of marine equipment.

Ship owners and managers use ILS to locate equipment around the clock, improve logistical support and reduce communication costs.

Marine industry suppliers use ILS to open new markets, find new customers, and increase sales.

As a subscriber to our service, you can search the inventories of marine industry suppliers worldwide in seconds with a single call. The ILS data base can tell you: • Who has the equipment you need • Quantity on hand • Condition - whether it is new, used or overhauled

And we give you the information to contact the seller directly. As an independent provider of information, we do not take part in the sales transaction.

There's never been an easier way to find or sell marine parts and equipment.

Investigate now! Call or write:

Inventory Locator Service, Inc. 3965 Mendenhall Road

Memphis, TN 38115-U.S.A. 901/794-4784 • 800/233-3414

Fax 901/794-1760

Intralink Service (Europe) Ltd.

Crawley, West Sussex, UK 0293-562011 • Fax 0293-562066

A RYDER SYSTEM Company

Circle 277 on Reader Service Card 68 Maritime Reporter/Engineering News