Page 18: of Maritime Reporter Magazine (February 1994)

For all Marine Fixed Ballast Operations

Densities to 450 + pcf (S.G. 7.2+) • Safe • Quick • Non-Shifting • Pre-mixed installation . Rem0Vable

Genstar Stone Products Company

Executive Plaza IV, Hunt Valley, MD 21031 USA (410) 682-5985 FACS No. (410) 682-5700

Circle 277 on Reader Service Card

HABITABILITY HARDWARE

FOR SHIPS "The right part to the right specification "

MIL SPEC CERTIFIED/HEAVY DUTY-MARINE GRADE

LOCKSETS

WASHROOM DISPENSERS/GRATINGS

HINGES /HIGH-SECURITY HASPS

SMOKE CURTAINS & BLANKETS

HALON CONTAINMENT CURTAINS

BERTH CURTAINS & ACCESSORIES

HMS MARINE HARDWARE, INC.

VALLEY STREAM, NY

TEL 516/825-8296 FAX 516/568-2057

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On board diesel engine maintenance at top level

More than 9000 machines in use today (ft

Sailing the seas'with Chris-Marine^

CHRIS-MARINE U.S.A., INC.' 732 Parker Street, Jacksonville, Fla. 32202

Tel: (904)354-6566, 354-8784 Fax: (904)358-7862 Telex: 56392

Circle 316 on Reader Service Card • Valve and Valve seat grinding machines • Cylinder liner and cover grinding machines • Cylinder liner honing machines • Fuel valve grinding machines • Pocket grinding machines

Not Touchy

Resistance-tape, The Direct Contact Hassle-Free Level Sensor

In demanding marine environ- ments, you need the touch of resistance-tape.

Touching the liquid is the only way to eliminate the effects of vapors, monitor product tempera- ture, gauge into the cargo sump for dry tank readings, and eliminate time consuming averaging and compensation circuits.

Resistance-tape also has no moving parts, so it eliminates mechanical failures, requires no cleaning, and won't lose its signal due to list, trim or COW conditions.

And with integral temperature sen- sors in the same tank penetration, installation costs are cut in half.

Resistance-tape has twenty-eight years of proven performance on hundreds of vessels. If you want more out of your level gauge, get in touch with Metritape!

Tel: (508)486-9800

Fax: (508)486-0170 fWA Metritape

LITTLETON, MA U.S.A.

Lender To Marine Industry Acquired By

NationsBank

NationsBank Corporation completed its ac- quisition of a majority of the assets and busi- nesses of U.S. West Financial Services, which lends to the marine industry worldwide.

The newly acquired enterprise is now known as Nations Financial Capital Corporation and will operate as a wholly-owned subsidiary of

NationsBank Corporation. "Only our name has changed," said Joel F.

Raven, senior vice president, manager - capital asset finance division for Nations Financial. "Our professionals will continue to apply their in- depth knowledge of the marine industry to pack- age even the most complex transactions quickly and efficiently."

Nations Financial operates in niche markets that are not traditionally served by banks and other finance companies. In addition to marine transport, the company provides capital for cor- porate finance transactions, commercial real es- tate, and many other industries ranging from manufacturing to transportation, including in- dependent power production and other project finance. For more information on the services oi

NationsBank,

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Bilspedition Sells Majority Holdings In

Cool Carriers

Bilspedition has made an agreement for th< sale of 50.1 percent of the shares in the refriger ated shipping line Cool Carriers for $30.5 mil lion. The buyer is an international consortium

Avrista, of which the listed Norwegian shipping line, Leif Hoegh & Co. owns 75 percent and thi

U.K.-based International Shipping Investmen

Co. owns 25 percent.

In connection with the realization of the deal the consortium will also take over the ownershi] responsibility for Cool Carriers.

Cool Carriers will continue to be located ii

Stockholm and its operations will remain un changed.

EG&G Forms Marine Management Uni

EG&G has formed EG&G Marine Manage ment, headquartered in its Norfolk, Va. offic<

The move represents a corporate decision on th part of EG&G to renew its focus on maritim operations as a primary business.

EG&G's maritime interests began in the earl 1960s when it owned and operated the researc vessels Patrick Kiley and Daniel Harris. Th company has performed numerous maritim operating, design, oceanography, and technic, contracts since then and currently operates tw

Antarctic support ships through a joint ventur

EG&G's Marine Instruments and Technical Se vices Groups have long provided equipment an services to oceanographic and marine scien< efforts.

Moran Towing Names Patten Director

Of Corporate Accounting

Moran Towing Corporation of Greenwic

Conn., named Robert J. Patten director corporate accounting. Mr. Patten has been wii

Moran Towing Corporation since 1976, and h been assistant controller since 1985. Mort

Towing Company is reportedly one of the large and best known tugboat companies worldwid 24

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Maritime Reporter/Engineering News