Page 92: of Maritime Reporter Magazine (October 1992)

nounced its group net profit rose 65 percent in the first half to $20.8 million. Last year's first-half profit totaled $12.7 million.

Sales during that period rose 23 percent to $1.05 billion from $863 million.

But the company said the figures were difficult to compare because of some extraordinary factors, fore- most among those factors the recent acquisition of Atlas Elektronik

GmbH.

Tension Member Technology

Texas A & M University

The Hydrographic Society

The Museum of the Man in the Sea

Timco, Inc.

Transoceanic Cableship Co.

Trimble Navigation Ltd.

Triton Technology, Inc.

TSK America Inc.

TSS (UK) Ltd.

Turner Designs

Typhoon Water Wares

U.S. Environmental Protection Agency

U.S. Geological Survey

U.S. Coast Guard

U.S.C.G. Research & Development Center

U.S. Bureau of Mines

U.S. Naval Academy

UBX Security

Ultra Poly, Inc.

Ulvertech, Ltd.

United Marine Electronics & Comm (1988)

Waves

Whitehill Manufacturing Corp.

Wimpol, Inc.

Wing Enterprises, Inc.

Yale Cordage, Inc.

Seacon Inc./Bratner & Assoc.

Seafloor Surveys, Intl.

SGI Technology Group

Simplex Wire and Cable Co.

Simrad, Inc.

Sippican, Inc.

Sonatech, Inc

Sonsub Services, Inc.

Southwest Research Institute

Sparton of Canada Ltd.

Spearhead Exhibitions, Ltd.

State of Hawaii

Survey Boats

Swath Ocean Systems

T.S.E. Intl. Inc.

Toor Amorira Ino

Cost Engineering and Contract Ser- vices departments of Newport News

Shipbuilding. From 1975 to 1979 he served as design coordinator for

Naval Architecture and Marine

Engineering at Sea-Land Service,

Inc.

In 1979 Mr. Powell joined Bay

Shipbuilding Company of Sturgeon

Bay, Wis., where he held several management positions, including ex- ecutive vice president and general manager.

For free information on the prod- ucts, services and capabilities of

Peterson Builders,

Circle 172 on Reader Service Card

Bremer Vulkan Nets 23

Percent Sales Gain For

First Half of'92

Bremer Vulkan Verbund AG an-

Peterson Builders Announces

Appointment of New Busi- ness Development Director

Peterson Builders, Inc. of Stur- geon Bay, Wis., announced that

Allen A. Powell has joined the company as director of business de- velopment. In his new capacity,

Powell will be responsible for all marketing activities of the company.

Powell's immediate focus will be to position Peterson Builders to ag-

Allen A.. Powell gressively compete for commercial work in both the marine and non- marine areas.

A graduate of the Newport News

Shipbuilding Apprentice School's engineering program, Mr. Powell attended Virginia Polytechnic In- stitute, majoring in mechanical en- gineering. From 1968 to 1975 Mr.

Powell served in the Engineering,

October, 1992

Some things never change, and the need for propellor shaft bearing system reliability remains one of a shipping owner's highest priorities.

Historically, "operational" stern tube lube oil "consumption" has been an accepted aspect of shipping. Ever increasing concerns for the environment however, combined with tougher government regulations make pollution free operation vital.

Thor-Lube bearings are a marriage of time-proven

Thordon XL water lubricated bearings with our new bio-degradable polymer based "Thor-Lube" lubricant.

Four years of carefully monitored performance on early vessels have shown excellent performance, matching lab test predictions. Currently, a complete

Thor-Lube system is being fitted to a twin shaft

Antarctic ice breaker. These 25 inch, 640 mm bearings will provide reliable pollution-free service for this sophisticated research vessel.

Thor-Lube bearings work with conventional seals and fit the same space as other oil lubricated bearings.

Bearings and lubricants are competitively priced and

Circle 152 on Reader Service Card our systems are designed to replace present oil or open systems or for easy integration into new designs; that means you can now take advantage of fail-safe

Thor-Lube for your next project with guaranteed pollution-free lubrication.

For more information or an installation feasibility assessment contact us today. If it's urgent, we'll be back to you later the same day.

Attn: David Read, General Manager

Thordon Bearings

Tell me more about pollution free reliability. • Thor-Lube bearing/seal system • Thordon's complete bearing line • Contact me immediately for an assessment

Title Name

Company.

Address

City . State/Prov _

Telephone _ Fax

TUQlRDOM

Thor-Lube is a product line of Thordon Bearings Inc., 3225 Mainway Drive,

Burlington, Ontario L7M 1A6 • Telephone (416) 335-1440 Fax (416)335-•4033 93