Page 6: of Maritime Reporter Magazine (October 1994)

Det Norske Veritas, USCG In

Passenger Ship Control

Agreements

The president of Det Norske

Veritas Classification (DNV), Tor

Christian Mathiesen, signed two agreements on passenger ship con- trol verification with the U.S. Coast

Guard's (USCG) Chief of Marine

Safety, Security and Environmental

Protection, RAdm. J.C. Card.

The "Outlines of Cooperation" will permit DNV to ensure that the ap- plicable USCG standards are com- plied with during the design, con- struction or modification of any non-

U.S.-flag passenger vessel classed by DNV.

This will be accomplished through full cooperation between the two entities and by DNV conducting ap- proval of basic design, conferring with the USCG on interpretive mat- ters, and providing the USCG with

DNV-approved plans and related information. In addition, there will be oversight visits by the USCG at

DNV offices.

The benefits of this additional service are that the owner can be better assured that any problems will be identified and resolved at an early stage of the project; the agree- ment will likely reduce or limit the amount of time the USCG needs to spend aboard the vessel both at the construction site as well as at the first U.S. port of call; and it is ex- pected that the agreement, coupled with DNV's experience of working with the USCG, will further help minimize unforeseen difficulties and facilitate satisfactory USCG final acceptance of the ship upon its ar- rival in the U.S. port of entry.

Kvaerner Wins Series Of

Orders For Almost $160 Million

Two Chemical Carriers For $148.2 Million

The Kvaerner Floro unit of

Kvaerner Industrier AS won a $148.2-million order for two 37,500- ton chemical carriers from Norwe- gian shipowner Skibsaksjeselskapet

Storli. The order for the ships is an exercise of two options taken by

Storli last November. Storli also has options for two more the same ships.

Cat Orders From India, Hong

Kong

Kvaerner Industrier AS said its

Kvaerner Fjellstrand unit in

Singapore won a contract worth approximately $5.9 million to sup- ply a catamaran ferry to Damania

Airways Ltd. of Bombay, India. The vessel will be used on the Bombay-

Goa route. Also, the company said,

Kvaerner Fjellstrand won a con- tract for another catamaran ferry for approximately $5.2 million, this one for Hong Kong (Holdings) Co.

Ltd. The ferry company also took an option for a second vessel from

Kvaerner.

Sale Of Global Star Boosts

Global Ocean Carriers'

Cash Reserve

Global Ocean Carriers Ltd. re- ports that the sale of theGlobal Star resulted in a loss for the quarter, but has boosted Global's cash re- serves. The company claims the sale of Global Star was necessary in accordance with the company's policy of fleet renewal, and also had the effect of reducing the ship's monthly depreciation charge, and drydocking and special survey costs.

Since the freight market has im- proved this year, Global's dry bulk vessels have been refixed at higher rates, and the contribution from two new container vessels is expected to bring the company's profits back in line.

Global Ocean Carriers is report- edly pursuing either second-hand vessel acquisitions or newbuildings, which will probably lead to the dis- posal of some of the older ships in its fleet.

Global Ocean Carriers has a cur- rent fleet of seven vessels.

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Circle 233 on Reader Service Card 8 Maritime Reporter/Engineering News