Page 91: of Maritime Reporter Magazine (June 1992)

barrels per day. Most of the crude oil that is offloaded at the facility is foreign, which suggests that crude oil imports will also be higher for the same period.

The facility, which is operated by

Loop Inc., is located about 19 miles off the coast of Louisiana and is the only deepwater port where super- tankers can offload cargo which is destined for the United States.

Jacksonville Port Authority

Approves Construction

Of New Container Crane

The Jacksonville Port Authority recently approved a proposal to build a new container crane with an op- tion to purchase a second crane.

A $5.7 million contract was awarded to Industrias Metalurgicas

Pescarmona S.A.I.C.y F. (Impsa) of

Argentina. The parts will be manu- factured in Argentina and assembled by Jered Brown Brothers of

Brunswick, Ga.

The port authority reports that the crane could be operable in 12 to 14 months at Talleyrand Docks and

Terminals

An option to purchase a second crane for about $6.4 million can be exercised within 12 months. Re- ports say that the 50-ton crane would be able to accommodate containerships which exceed

Panamax size.

Sale Of Offshore Drilling

Rig Gives Global's

Income A Boost

Global Marine, an offshore drill- ing contractor based in Houston, has reported that after changing ac- counting policies and selling a rig it has made a profit for the first quar- ter of 1992.

Net income for the company was reported to have risen $3 million on a revenue of $68 million, while for the same period in 1991 a $3 million loss on a revenue of $75 million was reported.

The rise in the company's income included an $11 million profit from the sale of a jackup drilling rig and $3 million from switching to U.S. accounting standards related to in- come taxes.

Shipping Capacities To

South Africa Increased

After Trade Sanctions Lifted

Shipping lines have announced that they will increase their carry- ing capacities on the U.S.-South Af- rica trade route. This was done in anticipation of increasing demand with the lifting of trade sanctions against South Africa.

Lykes Bros. Steamship Co. and

SafBank Line Ltd. have announced that they will increase existing ser- vices, while Wilhelmsen Lines A/S of Norway began monthly service to

South Africa in January.

Wilhelmsen Lines (USA) Inc. an- nounced that it anticipates an in- crease in trade of about 20 percent over the next three to five years.

Mexico To Establish

Ports To Participate

In Oceangoing Trade

Mexico has implemented a new plan in which it is developing ports on its east and west coasts in order to increase international trade with

Europe and Asia. In the past the country's primary area of trade was by land and rail over its northern and southern borders.

The country is working on four ports at the present time. The two ports on the Pacific coast are

Manzanillo and Lazaro Cardenas and Altamira and Vera Cruz on the

Gulf Coast.

Reports predict that shipments of containers through Mexico could double or even triple over the next year as a result of the development of the new ports.

Mexico is working on its east- west railroads and privately oper- ated toll roads in order to make the ports more accessible.

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Circle 289 on Reader Service Card < 'FOWL'WEATHER GOT YOU DOWN? L'A 1 '

WHY NOT TRY SUNNY CURACAO.

THE BEST WEATHER.

THEBEST DRYD0CK.

THEBEST CHOICE.

ANY OTHER DRYDOCK

IS FOR THE BIRDS.

Curacao Drydock Co.

Yard:

P.O. Box 3012, Curacao, Netherlands Antilles

Tel: (599-9)378333 Tlx: 1107,3443 CDM NA Fax: (599-9)379950

U.S./Canada Agent:

RR Klattenberg Marine Agency 17 Grandview Avenue, West Orange, NJ 07052

Tel: (201) 731-4018 Tlx: 650-3449312 MCIUW Fax: (201)325-3681

Circle 223 on Reader Service Card

GEMS Closed Loading Liquid Level Indicators

The Tank's Full!

Nationwide sales and service to the marine industry for more than 35 years!

Imo Industries Inc.

Gems Sensors Division

One Cowles Road

Plainville, CT 06062 203-747-3000

FAX: 203-747-4244

LS-55555

Self

Checking

Level

Switch.

New SC-122800

Self Checking

Level Switch.

I Expanded line of electrical or non-electrical indicators.

I Helps satisfy Coast Guard regulation for "Tank Barge" and "Tank Ship

Liquid Overflow Protection." Also ABS approved.

I Tank contents including vapors completely sealed from atmosphere.

I Stainless steel construction.

I DIPSTICKS™ visible to over lOOf

I Self Checking Level Switches feature high level and overfill alarm points.

New Dual DIPSTICK'" non-electrical, continuous Liquid Level Indicator.

Provides indication for full depth of tank to 15'

Circle 237 on Reader Service Card

June, 1992 101