Page 85: of Maritime Reporter Magazine (August 1994)
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BrancJtship Earns ISO
Certification From BV
Brandtship U.S.A., Inc. has been certified by Bureau Veritas Quality
International (NA) Inc. as meeting all the requirements of the ISO 9002 standard as shipbrokers, ship man- agers and agents.
The company, established 25 years ago, started operation in the
New York area and moved in 1988 to Fort Lauderdale, Fla. Its main areas of operation are in the forest products industry, container ves- sels and in the movement of anhy- drous ammonia in LPG carriers, as well as involvement in numerous other commodities. The company can be reached at tel: (305) 525- 8831; fax: (305) 525-9181.
Port Allen Yard Becomes 15th In Trinity Group
Eastern Enterprises reported that ts subsidiary, Midland Enterprises nc., recently sold its Louisiana arge construction and repair facil- ;y, Port Allen Marine Service, to 'rinity Industries Inc., making it le 15th yard in the Trinity Marine roup.
Trinity agreed to reserve barge instruction capacity for Midland's iture requirements and deliver new irges at competitive prices for an idisclosed period of time. Eastern so stated that it expects to record small gain on the sale of the Port len facility in its second quarter 94 earnings, scheduled to be re- ised in late July.
Eastern Enterprises Chairman d CEO J. Atwood Ives said the msaction would allow Eastern to :over on an underutilized asset ;hout sacrificing barge construc- i rights, while giving Trinity a it-class facility to increase its ca- nity.
Eastern Enterprises is a holding lpany with revenues of more than )illion and three businesses: Bos-
Gas Company, a natural gas ;ributor; Midland Enterprises , an inland barge operator; and -erPro Supplies, a water and tewater systems distributor.
Trinity Marine Group includes hipyards in the U.S. and pro- s a variety of ship, barge and construction and repair ser-
For more information on Trinity
Circle 15 on Reader Service Card
Chowgule Steamships as part of a $27 million loan syndication. Be- sides the loans, International Fi- nance added that it is taking a 10 percent equity stake in Chowgule for $5 million.
Chowgule's existing fleet com- prises 11 bulk carriers totaling 310,229-dwt. Its expansion program includes the acquisition of two to three more bulk carriers for inter- national transport of dry bulk com- modities, according to International
Finance.
Marine Terminals Corp. To
Operate Oakland Terminal
Marine Terminals Corp. (MTC) will operate Oakland's Seventh
Street Marine Container Terminal for the next 10 years under a new management agreement that, re- portedly for the first time, commits a terminal operator to a major facil- ity improvement program.
The three-berth, 56-acre termi- nal serves some of the port's largest container carriers, including the transpacific services of Hanjin,
Hyundai and Yangming. It ac- counted for 136,000, more than 10 percent, of the total number of TEUs the Oakland port handled in 1993.
The pact calls for San Francisco- based MTC to build a $5 million terminal gate and related infrastruc- ture. Now in design by the Oak- land-based engineering and archi- tectural firm of Jordan-Woodman-
Dobson, the 10-lane complex will make extensive use of computer and video technology to speed the move- ment of containers and other cargo on and off the wharves. Construc- tion is expected to start in October and be completed early next year.
MTC's investment will be repaid over the life of the agreement. As reimbursement for the improve- ments, MTC will receive an addi- tional 2.5 percent of gross tariff dockage and wharfage fees from new activity generated at the facil- ity.
Steamers Buys
Containership From Gigi
Shipping For $20 Million
Steamers Maritime Holdings
Ltd., a member of the Keppel Group, has acquired a new containership for about $20 million from Gigi Ship- ping, a U.S. subsidiary of the Rus- sian Sovcomflot Group, and will charter it to Danish shipping group
A.P. Moller.
The new generation, 12,500-dwt
RW49-B183 ship had just been de- livered to Gigi in April from a Polish shipyard. The vessel has a top speed of 18 knots and is equipped with two 40-ton cranes and 90 reefer points. Classed by Germanischer
Lloyd, the vessel is designed for one-man bridge operation. Upon delivery, the ship will commence on a nine-month charter with further options. To be renamed Maersk
Miami, she will trade between ports on the east coasts of the U.S. spnd
South America.
This is the second vessel acquired by Steamers as part of a major new initiative to invest in container feeder ships for trade in the charter market. In April, the company pur- chased a six-year-old ship with an existing charter.
Steamers is raising $67 million through a one-for-four rights issue of shares and convertible loan stock to finance company expansion.
Keppel Unit Wins Tanker
Contracts
Kepphil Shipyard Inc., a member of the Keppel Group, has secured a contract to build two clean product tankers for Tevban Marine Corpo- ration of the Philippines for $6 mil- lion each, inclusive of machinery and equipment supplied by the owner.
Each will have a tank capacity of 6,000-cu.-m. to accommodate 5,000 tons of petroleum products. Mea- suring 328 ft. (100 m) long, with a molded width of 50.8 ft. (15.5 m) and molded depth of 24.6 ft. (7.5 m), they will each be powered by a single screw 2,800-bhp engine. One tanker is slated for delivery in the second quarter of 1995, and the other three months later. The hulls, machinery and equipment will be classed by the
American Bureau of Shipping with a notation of + A1 (E) Oil Carriers +
AMS for unrestricted service.
Kepphil recently delivered an 8,000-dwt fuel oil barge to Far East
Levingston Shipbuilding (FELS)
Ltd. of Singapore and is completing a synchrolift platform for a dock- yard in Kwajelein in the South Pa- cific. It is also scheduled to begin fabrication of two container cranes for International Container Services, and a floating crane for Petron.
The yard's current $1.5 million in shiprepair activities include steel- work renewal of the log carrier
Andhika Asoko; tank blasting of the tanker Gomburza\ hatch cover re- pair of the containership Lorcon
Mindanao-, and tank top renewal of cargo vessel Eastern Jupiter.
For more information on Keppel
Circle 90 on Reader Service Card
With A Genuine RIVER RADAR
You Can See The Difference!
Only with a radar developed exclusively for the river and proven on the river can you see and discriminate between bridge piers and bridge superstructures. Only with a true river radar can you see passing barges and river channel buoys as large discrete targets, even in heavy rain or snow.
The MK4217R is a genuine river radar. It was developed and proven on major, heavily traveled European rivers and is now approved and available in the U.S. Features include: • Offset Display, 150% View Ahead • Target Tails • 19" Rasterscan Daylight Display • Highest Resolution (1280 x 1024 Pixels) •Turn Rate Indicator • 7 ft. and 9 ft. Antennas • Simple To Learn and Operate • Easy Installation • Competitive Price
Captains say this is the best radar for river operations ever. irSperry _ f Marine* * Sperry Marine Inc. 1070 Seminole Trail
Charlottesville, VA 22901
Phone:(804) 974-2000
Cleveland, Ohio
Phone: (216) 234-4100
Cranford, New Jersey
Phone:(800)843-5679
New Orleans, Louisiana
Phone: (504) 366-9171
Seattle, Washington
Phone: (206) 656-2966
Ft. Lauderdale, Florida
Phone: (305) 424-7768
Id Bank Approves $42 on In Financing For /ygule e World Bank's International
Lee Corp. approved a $42 mil- nancing package for Chowgule iships Ltd. of Bombay, India, led to back the company's ac- ion of modern and fuel-effi- /essels. irnational Finance, which is >rld Bank's private sector arm, /iding a $15 million loan to t, 1994 Circle 272 on Reader Service Card 67