Page 128: of Maritime Reporter Magazine (June 1993)

IMS Issues New Rules egulating Platform emoval

As the major oil companies at- impt to sell their Gulf of Mexico iases to independent operators, the jderal government has activated ules requiring the new operators to ost cash or cash equivalent collat- ral with the government to insure iltimate platform removal and site emediation.

Haunted by the spectre of bank- rupt companies' derelict platforms •emaining indefinitely on inactive lelds, the Minerals Management

Service (MMS) of the Department )f the Interior can and has blocked the sale of certain properties if the buyer is not of a sufficient size, or does not have sufficient collateral in place, to insure removal of the plat- form after production ceases.

Appropriate collateral is deemed to be a cash escrow account, a pool of government securities, a perfor- mance and payment bond, or, in the case of larger companies, self insur- ance equal to the anticipated cost.

The use of an appropriate perfor- mance bond or contractor guaran- tee provided by one of the larger marine contractors is one way to solve the impasse, according to Eric

Smith of McDermott, Inc. Large offshore contractors, who are not typically working interest owners or operators of offshore oil or gas fields, can use their financial strength to satisfy the government requirement, supporting the trans- fer of the lease and helping to break up the logjams at MMS.

Marine Travelift Boat

Hoist Features Four Hoist

Winch Design

The new 88BFM Mobile Boat

Hoist from Marine Travelift boasts new design features, longer service life and less downtime, the manu- facturer claims.

The new features include a rede- signed pivot trunnion with replace- able bushings, newly designed, large diameter hoist drums that assure uniform cable spooling for long life, as well as smooth hoisting action, new direct drive hoists and sling- adjustment track to reduce mainte- nance. For more information on

Marine Travelift,

Circle 26 on Reader Service Card

SNAME Prepares For

Centennial Celebration

The Society of Naval Architects and Marine Engineers (SNAME) will hold its Centennial Meeting celebration on September 14-19, 1993, at The New York Hilton and

Towers, in New York City.

This celebration of SNAME's 100th birthday will be composed of many activities, including a techni- cal and social program. Two books - one a comprehensive historical trea- tise covering the past 50 years of the marine industry, and the other chronicling 100 years of activities of the Society - are being prepared for distribution at the meeting. The

International Maritime Exposition will be held concurrently with the

Centennial Meeting.

New Munson Catalog

Displays Range Of

Aluminum Workboats

Demonstrating that Munson

Manufacturing has models and con- figurations for virtually any pur- pose, the Volume 12 Munson cata- log of aluminum work boats is now available.

With a new, full color format, the 72-page catalog features Munson's

Hammerhead, Hammercat and

Seasled lines.

Munson Manufacturing offers a full line of industrial and utility ves- sels, including emergency response, oil pollution control, passenger, pi- lot, cargo, dive, survey, patrol and fishing vessels. These models are available in lengths from 21- to 72- feet and can be outfitted in a wide variety of ways.

For a copy of the newest Munson

Manufacturing catalog,

Circle 77 on Reader Service Card

Complete set with panel & safety shutdowns from $7995 20 kW f.o.b. Seattle

See Your Dealer

New 20 kW for fishboats and workboats. Great refer power.

The new M20CL, 20 kW set is designed for commercial operators who want Northern Lights quality, features and proven reliability—

All at a very affordable price.

Lugger diesel powered. This Lugger four cylinder is anvil tough. It's 135 cube, tunnel-bored, block is rigid for long life.

Smooth and quiet. A four cycle engine, it is balanced and incredibly quiet. A set you can live with while you make a living.

Automatic Voltage Regulation. An

AVR gives you ±1.5% voltage regulation to protect your equipment. The 12 wire, single or 3 phase generator has a 95° temp rise, not 105° like some. Transformer regulated ends are available for heavy motor starting.

More power? There are 5 C-Series.

Choose a 20,30, 36,60 or 80 kW set. Plus two 1200 RPM sets at 22 and 30 kW.

Custom built versatility. There's a full range of options: front PTOs, pulleys, panels, large alterna- tors, pumps and more.

You get a complete power system, not a do-it-yourself genset kit.

Tested, retested. Each set is load tested with its controls. It's right when you get it.

High resale value. Set's quality reputa- tion is a big plus when you sell your boat.

International service. We support you wherever the fishing or tow takes you

See your dealer or factory branch

Seattle 206 789-3880

Fax 206 782-5455

Alaska 907 562-2222

Florida 305 946-7601

Boston 617 561-2800

Spare Parts and

Repair Service •Stork Services BV

New diesel spares, reconditioning, exchange pool • Holland Heat Exchangers BV

Replacement charge air coolers •Turbo Ned BV

Supply, repair, and service of turbochargers, service stations in six countries • Mercurex BV

Supply of diesel engine exhaust gas silencers •Van Der Vleit Engineering Ltd.

Boiler pressure parts and flying squads

KLATTENBERG MARINE AGENCY 17 Grandview Avenue

W. Orange, NJ 07052

Telephone: (201)731-4018

Fax: (201)325-3681

NEW M20CL 20kW/1800rpm

June, 1993 Circle 259 on Reader Service Card Circle 181 on Reader Service Card 129