Page 10: of Maritime Reporter Magazine (August 1994)

MarAd To Reconsider

Northstar/Lachmar ODS

Request

The Maritime Subsidy Board has reopened for reconsideration appli- cations filed by Northstar Shipping,

Inc. and Lachmar relating to an earlier request by Lachmar for op- erating-differential subsidy (ODS) for two liquefied natural gas (LNG) carriers. The applications were as- signed Docket S-904.

The original request filed by the companies asked MarAd to assign

Northstar's ODS agreement to

Lachmar; and Lachmar requested financial aid for the operation of the

LNG vesselsLa&e Charles andLoui- siana in an essential service in the foreign commerce of the U.S. under an ODS agreement, and modifica- tion of its agreement to permit worldwide transportation of LNG

Circle 261 on Reader Service Card in bulk by Lachmar.

In its decision, the agency noted that the applications were for sub- sidy for LNG vessels which had not previously been subsidized and that grant of subsidy could not be rea- sonably calculated to carry out ef- fectively the purposes and policy of the Merchant Marine Act of 1936, as amended.

Parties are requested to file addi- tional comments relevant to the issues raised by the applicants in their May 27, 1994 petition to re- open.

MarAd Approves Delmar's

Application To Sell Drill Rig

MarAd has approved an applica- tion filed by Delmar Systems, Inc.,

Broussard, La. to sell and transfer the 4,659-gt drill rig Marine 9. The purchaser is China Offshore Oil

Bohai Corp., a Chinese corporation.

The vessel was built in 1979 in

Ingleside, Texas.

MarAd OKs $40.7 Million

Under Title XI For 40 Cenac

Barges

The Maritime Administration has approved an application by Cenac

Towing Co., Inc., Houma, La., for a

Title XI guarantee to aid in financ- ing the construction of 40 double- hull, 30,000-barrel inland tank barges. The barges will be built by

Nashville Bridge Co. (Nabrico),

Nashville, Tenn., and operated in the Gulf Intracoastal Waterway and the Mississippi River System.

The estimated guarantee amount is $40.7 million, which is 87.5 per- cent of the estimated actual cost of $46.5 million. The guarantee term is 25 years.

For information on Nashville Bridge Co.

Circle 148 on Reader Service Card

Ganter Retires From

Norshipco

Frederick A. Ganter

Frederick A. Ganter has re- tired from Norfolk Shipbuilding and

Drydock Corporation after serving the company for 25 years. During that period he was responsible for the marketing and sales activities of the company.

He will continue to work for

Marepcon Corporation - Interna- tional, a subsidiary company that represents overseas shipyards in the

American and Canadian markets.

Marepcon Corporation - Interna- tional currently represents Lloyd

Werft, Bremerhaven, Germany; and

T.S.I. Pendik, Istanbul, Turkey.

Marepcon Corporation

International's address is: P.O. Box 308, Basking Ridge, N.J. 07920 - 0308. Tel: (908) 221-1300; fax: (908) 221-1212.

GASTECH 94

PUTRA WORLD TRADE CENTRE, KUALA LUMPUR 25-28 OCTOBER 1994

CONFERENCE & EXHIBITION

CONFERENCE SESSIONS - World gas supply & demand - LPG and chemical gases - Natural gas utilization - LNG ship technology & operations - Gas markets, pricing and finance - Safety and training - LNG transport and terminals

Liquefied gas facilities and applications - Technical developments - The outlook for new gas ventures

THE GASTECH 94 EXHIBITION covers the wide range of developments in the LNGAPG and natural gas industry.

The Gastech 94 Exhibition is the major international showcase for leading companies and authorities who continue to make major contributions to the industry. Many of their stands feature new products and innovatory technology revealed for the first time.

Address all enquiries concerning the

Gastech 94 Conference and Exhibition to:

The Gastech Secretariat

Glen House 200 Tottenham Court Road

London VV1P 9LA, UK

Tel: +44 71 436 9774

Fax: +44 71 436 5694

The Official Airline {bmalagsfa 14 Maritime Reporter/Engineering News