Page 4: of Maritime Reporter Magazine (December 1992)

Kvaerner Eureka To Design,

Supply Cargo Handling

System For Product Carrier

One of Norway's leading equip- ment specialists, Kvaerner Eureka

AS, recently signed a contract to design and supply the complete cargo handling system for a 28,500-dwt product carrier being built in St.

Petersburg, the Commonwealth of

Independent States.

The vessel is currently under con- struction at the Admiralty Shipyard in St. Petersburg and is being built for Inter Maritime Management SA of Switzerland. The company also holds an option for a second vessel.

This is reported to be the first time that Kvaerner Eureka has se- cured a complete turnkey contract for a tanker. The company will de- sign and supply cargo pumps, bal- last pumps, powerpacks/cargo heat- ers, totally computerized cargo con- trol system, hydraulic piping, cargo piping and inert gas system.

The vessel is scheduled to be de- livered in December 1993 and will feature 18 coated cargo tanks, each equipped with a Kvaerner Eureka cargo pump.

This contract follows another con- tract for liquid cargo handling equip-

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Oceandril Forms New

Rig Repair Company

Oceandril, Inc. has announced the formation of a new service company specializing in the repair and main- tenance of Marathon LeTourneau manufactured offshore drilling rigs and equipment.

The Vicksburg, Miss.-based com- pany, Vicksburg Marine Interna- tional, offers a team of mechanical and electrical technicians, all of whom have over 20 years experi- ence in their fields. Bud Smith, vice president of the new entity, and

Jean Callen are available to assist customers in all aspect of rig and equipment service, parts and shop repair of electrical and mechanical components.

Dupuis Named Vice

President And General

Manager, CIV

Robert E. Dupuis has been named vice president and general manager of COMSAT International

Ventures (CIV). The announcement was made by COMSAT Corp. presi- dent and CEO Bruce L. Crockett.

Mr. Dupuis will be responsible for developing joint ventures out- side the U.S. with telecommunica- tions companies and administra- tions to provide digital communica- tions services for private-line inter- national and domestic long distance markets.

CIV currently operates venture partnerships in six countries: Ar- gentina, Bolivia, Chile, Columbia,

Guatemala and Turkey. The unit plans to begin operations in several other countries in 1993.

As part of a restructuring,

COMSAT recently announced that

CIV would become a stand-alone subsidiary managed in close asso- ciation with COMSAT's interna- tional communications interests.

Ingersoll-Rand, Dresser

Industries Form

Joint Venture

Ingersoll-Rand and Dresser Indus- tries Inc. announced the formation of a new company through a joint venture.

The company, to be called

Ingersoll-Dresser Pump Co., was originally proposed in May of 1991.

The Department of Justice recently approved the joint venture.

The company will include both partners' domestic pump operations.

It will, however, exclude Dresser's operations in Britain. Both Ingersoll and Dresser had total combined sales of about $900 million in 1991. With the formation of the new company,

Ingersoll and Dresser plan to em- ploy approximately 8,000. 58 Maritime Reporter/Engineering News